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Leased Property (Tables)
12 Months Ended
Jun. 02, 2015
Leased Property [Abstract]  
Schedule of Rent Expense Under Operating Leases

Rent expense under operating leases:

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

2015

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

Minimum rentals

 

$

1,081 

 

$

1,110 

 

$

1,095 

Contingent payments

 

 

10 

 

 

 

 

 

 

$

1,091 

 

$

1,113 

 

$

1,095 

 

Schedule of Capitalized Leased Property

An analysis of the capitalized lease property is shown in the following table. Amortization of capitalized delivery equipment is based on the straight-line method over the primary terms of the leases.

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

2015

 

2014

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

Restaurant property (land)

 

$

825 

 

$

825 

Delivery and other equipment leases

 

 

1,902 

 

 

1,902 

Less accumulated amortization

 

 

(934)

 

 

(657)

 

 

$

1,793 

 

$

2,070 

 

Schedule of Future Minimum Lease Payments Under Capitalized Leases and Operating Leases

Future minimum lease payments under capitalized leases and operating leases are summarized in the table below. The column for capitalized leases includes the requirement to acquire land (presently leased by the Company) in fee simple title as described above.

 

 

 

 

NOTE D – LEASED PROPERTY (continued)

 

 

 

 

 

 

 

 

 

 

Capitalized Leases

 

 

Operating    Leases

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

2016

 

$

390 

 

 

$

1,025 

2017

 

 

365 

 

 

 

1,015 

2018

 

 

237 

 

 

 

986 

2019

 

 

214 

 

 

 

926 

2020

 

 

1,179 

 

 

 

890 

2021 - 2033

 

 

74 

 

 

 

7,865 

Total

 

 

2,459 

 

 

$

12,707 

Amount representing interest

 

 

(525)

 

 

 

 

Present value of capital lease obligations

 

 

1,934 

 

 

 

 

Portion due within one-year (included in accrued and other expenses in the consolidated balance sheet)

 

 

(278)

 

 

 

 

Long-term obligations (included in other long term obligations in the consolidated balance sheet)

 

$

1,656