Business Segment Reporting (Tables)

9 Months Ended

Feb. 24, 2019

Segment Reporting [Abstract]

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

The Company’s international sales by geography are based on the billing address of the customer and were as follows (in millions):

	Three Months Ended				Nine Months Ended
	February 24, 2019		February 25, 2018		February 24, 2019		February 25, 2018
Canada	$	24.1	$	20.3	$	64.3	$	55.9
Belgium	$	9.9	$	11.5	$	12.4	$	14.3
Ireland	$	1.4	$	—	$	3.7	$	3.2
Denmark	$	0.1	$	—	$	0.3	$	—
Switzerland	$	0.2	$	—	$	0.8	$	—
Mexico	$	0.4	$	0.2	$	0.5	$	0.2
All Other Countries	$	0.1	$	1.5	$	1.3	$	2.0

Schedule of Segment Reporting Information, by Segment

Operations by business segment consisted of the following (in thousands):

	Curation Foods(1)			Lifecore		Other			Total
Three Months Ended February 24, 2019
Net sales	$	131,984		$	23,703	$	—		$	155,687
International sales	$	24,172		$	12,029	$	—		$	36,201
Gross profit	$	9,641		$	11,576	$	—		$	21,217
Net income (loss) from continuing operations	$	(6,817	)	$	5,836	$	2,048		$	1,067
Depreciation and amortization	$	2,875		$	1,028	$	145		$	4,048
Dividend income	$	413		$	—	$	—		$	413
Interest income	$	26		$	—	$	8		$	34
Interest expense, net (2)	$	1,164		$	—	$	607		$	1,771
Income tax (benefit) expense	$	(829	)	$	1,946	$	(875	)	$	242
Nine Months Ended February 24, 2019
Net sales	$	353,502		$	51,765	$	—		$	405,267
International sales	$	64,732		$	18,587	$	—		$	83,319
Gross profit	$	33,926		$	20,221	$	—		$	54,147
Net income (loss) from continuing operations	$	(5,466	)	$	6,586	$	(448	)	$	672
Depreciation and amortization	$	7,111		$	2,982	$	413		$	10,506
Dividend income	$	1,238		$	—	$	—		$	1,238
Interest income	$	87		$	—	$	26		$	113
Interest expense, net (2)	$	2,027		$	—	$	1,248		$	3,275
Income tax (benefit) expense	$	(217	)	$	2,196	$	(1,395	)	$	584
Three Months Ended February 25, 2018
Net sales	$	121,950		$	22,959	$	—		$	144,909
International sales	$	20,336		$	13,156	$	—		$	33,492
Gross profit	$	8,197		$	11,609	$	—		$	19,806
Net income (loss) from continuing operations	$	(2,801	)	$	6,175	$	12,907		$	16,281
Depreciation and amortization	$	2,120		$	940	$	82		$	3,142
Dividend income	$	413		$	—	$	—		$	413
Interest income	$	32		$	—	$	55		$	87
Interest expense, net	$	—		$	—	$	531		$	531
Income tax (benefit) expense	$	(609	)	$	1,763	$	(13,981	)	$	(12,827	)
Nine Months Ended February 25, 2018
Net sales	$	333,915		$	49,236	$	—		$	383,151
International sales	$	56,259		$	19,330	$	—		$	75,589
Gross profit	$	33,181		$	20,348	$	—		$	53,529
Net income from continuing operations	$	365		$	7,280	$	11,405		$	19,050
Depreciation and amortization	$	6,050		$	2,715	$	311		$	9,076
Dividend income	$	1,238		$	—	$	—		$	1,238
Interest income	$	60		$	—	$	100		$	160
Interest expense, net	$	—		$	—	$	1,415		$	1,415
Income tax (benefit) expense	$	393		$	2,110	$	(13,855	)	$	(11,352	)

(1) During the third quarter of fiscal 2019, the Company started consolidating Yucatan Foods whose results are included in the Company's operating results starting from December 1, 2018. See Note 2 - Acquisition for more details of this transaction.

(2) Beginning in first quarter of fiscal 2019, the Company began allocating interest expense to its reportable segments in information provided to its CODM to enhance visibility into how financing activities impact the discrete financial results.