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Accounting Policies (Tables)
12 Months Ended
Jun. 02, 2015
Accounting Policies [Abstract]  
Schedule of Impairment of Long-lived Assets

Fair value measurements recorded under level 3 (significant unobservable inputs) are generally based on brokers' opinions of value and/or management's judgment:

 

 

 

Fair Value Measurements Using

 

 

(in thousands)

 

 

Level 1

 

Level 2

 

Level 3

 

Gains (Losses)

Fiscal Year 2015

 

 

 

 

 

 

 

 

 

 

 

 

Impairment on undeveloped property held for sale

 

$

 

$

 

$

799 

 

$

(418)

Former Golden Corral restaurants (closed August 2011) (2 units)

 

$

 

$

799 

 

$

917 

 

$

(235)

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2014

 

 

 

 

 

 

 

 

 

 

 

 

Former Golden Corral restaurants (closed August 2011) (2 units)

 

$

 

$

 

$

1,950 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2013

 

 

 

 

 

 

 

 

 

 

 

 

Former Frisch's Big Boy restaurants (3 units)

 

$

 

$

1,795 

 

$

 

$

(179)

Former Golden Corral restaurants (closed August 2011) (3 units)

 

$

 

$

 

$

2,844 

 

$

(211)

 

Schedule of Real Estate Properties

Both classes of property are grouped together under the caption "Real property not used in operations" in other long-term assets in the Consolidated Balance Sheet, as shown below:

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

2015

 

2014

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

Land - deferred development

 

$

2,799 

 

$

2,861 

Property held for sale

 

 

3,230 

 

 

3,883 

Total Property not used in operations

 

$

6,029 

 

$

6,744 

 

Schedule of Goodwill and Other Intangible Assets

 

 

Goodwill and Other Intangible Assets consists of:

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

2015

 

2014

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

Goodwill

 

$

741 

 

$

741 

Other intangible assets not subject to amortization

 

 

22 

 

 

22 

Other intangible assets subject to amortization - net

 

 

 

 

10 

Total goodwill and other intangible assets

 

$

770 

 

$

773