Lease Obligations, Other Commitments, and Contingencies (Tables)

9 Months Ended

Feb. 29, 2020

Commitments And Contingencies Disclosure [Abstract]

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

The gross amounts of assets and liabilities related to both operating and financing leases at February 29, 2020 were as follows (in thousands):

Lease Type	Amount
Operating lease ROU asset	$	3,303
Financing lease ROU asset		424
Total Lease ROU asset	$	3,727
Operating lease liability current	$	1,412
Financing lease liability current		154
Total lease liability current	$	1,566
Operating lease liability non-current	$	1,998
Financing lease liability non-current		206
Total lease liability non-current	$	2,204

Components of Lease Costs

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

Lease Type	Classification	Three Months Ended February 29, 2020		Nine Months Ended February 29, 2020
Consolidated operating lease expense	Operating expenses	$	481	$	1,427
Consolidated financing lease amortization	Operating expenses		23		39
Consolidated financing lease interest	Interest expense		4		18
Consolidated financing lease expense			27		57
Net lease cost		$	508	$	1,484

Schedule Of Future Minimum Lease Payments under Operating and Financing Leases

The approximate future minimum lease payments under operating and financing leases at February 29, 2020 were as follows (in thousands):

Fiscal Year	Operating Leases		Financing Leases		Total
Remaining 2020	$	410	$	45	$	455
2021		1,470		181		1,651
2022		698		151		849
2023		468		—		468
2024		326		—		326
Thereafter		303		—		303
Total lease payments		3,675		377		4,052
Less imputed interest		265		17		282
Net minimum lease payments	$	3,410	$	360	$	3,770

The approximate future minimum lease payments under operating and financing 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 February 29, 2020 were as follows:

Lease Type	Weighted Average Remaining Lease Term in Years	Weighted Average Interest Rate
Operating leases	3.4	4.6%
Financing leases	2.1	4.6%

Schedule of Cash Outflows of Leasing Activity

The cash outflows of the leasing activity of the Company as lessee for the nine months ending February 29, 2020 were as follows (in thousands):

Cash Flow Source	Classification	Amount
Operating cash flows from operating leases	Operating activities	$	621
Operating cash flows from financing leases	Operating activities		108
Finance cash flows from financing leases	Financing activities		121