Segment and Geographic Information (Tables)

12 Months Ended

May 28, 2022

Segment Reporting [Abstract]

Schedule of Operating Results by Segment

Operating results by segment are summarized in the following table (in thousands):

	Fiscal Year Ended
	May 28, 2022		May 29, 2021		May 30, 2020
PMT
Net Sales	$	178,056	$	137,280	$	118,480
Gross Profit		58,041		45,951		38,288
Canvys
Net Sales	$	35,187	$	29,319	$	28,926
Gross Profit		11,252		10,274		9,313
Healthcare
Net Sales	$	11,377	$	10,338	$	8,492
Gross Profit		2,407		2,600		2,072

Schedule of Reconciliation of Assets from Segment to Consolidated

A reconciliation of assets to the relevant consolidated amount is as follows (in thousands):

	May 28, 2022		May 29, 2021
Segment assets	$	120,696	$	100,638
Cash and cash equivalents		35,495		43,316
Investments - current		5,000		—
Other current assets (1)		2,686		1,918
Net property, plant and equipment		9,435		9,300
Operating lease ROU asset		1,894		732
Financing lease ROU asset		215		308
Other assets - non-current deferred income taxes		4,398		541
Total assets	$	179,819	$	156,753

(1) Other current assets include miscellaneous receivables and prepaid expenses.

Schedule of Net Sales and Gross Profit by Geographic Region

Net sales and gross profit by geographic region are summarized in the following table (in thousands):

	Fiscal Year Ended
	May 28, 2022			May 29, 2021			May 30, 2020
Net Sales
North America	$	98,527		$	73,625		$	65,259
Asia/Pacific		49,235			40,839			32,979
Europe		64,435			52,549			49,394
Latin America		12,439			9,651			8,308
Other (1)		(16	)		273			(42	)
Total	$	224,620		$	176,937		$	155,898
Gross Profit
North America	$	36,548		$	28,639		$	24,494
Asia/Pacific		15,728			13,520			10,629
Europe		19,215			16,958			15,483
Latin America		4,340			3,405			2,804
Other (1)		(4,131	)		(3,697	)		(3,737	)
Total	$	71,700		$	58,825		$	49,673

(1) Other includes primarily net sales not allocated to a specific geographical region, unabsorbed value-add cost and other unallocated expenses.

Schedule of Net Assets by Geographic Region

Net assets by geographic region are summarized in the following table (in thousands):

	Fiscal Year Ended
	May 28, 2022		May 29, 2021
Net Assets
North America	$	90,979	$	77,698
Asia/Pacific		11,514		10,547
Europe		30,873		31,289
Latin America		2,481		2,026
Total	$	135,847	$	121,560