Lease Obligations, Other Commitments, and Contingencies (Tables)

6 Months Ended

Nov. 30, 2019

Commitments And Contingencies Disclosure [Abstract]

Schedule of Gross Amount Assets and Liabilities Related to Operating and Finance Leases

The gross amounts of assets and liabilities related to both operating and finance leases at November 30, 2019 were as follows (in thousands):

Lease Type	Amount
Operating lease ROU asset	$	3,544
Finance lease ROU asset		447
Total Lease ROU asset	$	3,991
Operating lease liability current	$	1,476
Finance lease liability current		152
Total lease liability current	$	1,628
Operating lease liability non-current	$	2,189
Finance lease liability non-current		248
Total lease liability non-current	$	2,437

Components of Lease Costs

The components of lease costs were as follows (in thousands):

Lease Type	Classification	Three Months Ended November 30, 2019		Six Months Ended November 30, 2019
Consolidated operating lease expense	Operating expenses	$	468	$	946
Consolidated finance lease amortization	Operating expenses		16		16
Consolidated finance lease interest	Interest expense		5		14
Consolidated finance lease expense			21		30
Net lease cost		$	489	$	976

Schedule Of Future Minimum Lease Payments under Operating and Finance Leases

The approximate future minimum lease payments under operating and finance leases at November 30, 2019 were as follows (in thousands):

Fiscal Year	Operating Leases		Finance Lease		Total
Remaining 2020	$	821	$	91	$	912
2021		1,450		181		1,631
2022		677		151		828
2023		449		—		449
2024		309		—		309
Thereafter		241		—		241
Total lease payments		3,947		423		4,370
Less imputed interest		282		22		304
Net minimum lease payments	$	3,665	$	401	$	4,066

The approximate future minimum lease payments under operating and finance leases at June 1, 2019 were as follows (in thousands):

Fiscal Year (1)	Operating Leases
2020	$	1,586
2021		1,367
2022		509
2023		340
2024		289
Thereafter		234

(1) On June 2, 2019, the Company elected the modified retrospective method of transition to adopt the new lease standard Topic 842, which resulted in no restatement of prior period results. At June 1, 2019, prior to adoption of the new lease standard, operating lease obligations were not included as a liability on the balance sheet. Therefore, the operating lease obligations were included in the table for comparative purposes only and the total lease liability was not included as it is not applicable.

Schedule of Weighted Average Remaining Lease Terms and Interest Rates of Leases

The weighted average remaining lease terms and interest rates of leases held by the Company as of November 30, 2019 were as follows:

Lease Type	Weighted Average Remaining Lease Term in Years	Weighted Average Interest Rate
Operating leases	3.3	4.6%
Finance lease	2.4	4.6%

Schedule of Cash Outflows of Leasing Activity

The cash outflows of the leasing activity of the Company as lessee for the six months ending November 30, 2019 were as follows (in thousands):

Cash Flow Source	Classification	Amount
Operating cash flows from operating leases	Operating activities	$	367
Operating cash flows from finance lease	Operating activities		67
Finance cash flows from finance lease	Financing activities		75