XML 94 R73.htm IDEA: XBRL DOCUMENT v3.23.2
Long Term Debt - Narrative (Details)
$ in Thousands
12 Months Ended
Aug. 30, 2022
USD ($)
Jun. 03, 2019
USD ($)
May 31, 2023
USD ($)
covenant
May 31, 2022
USD ($)
Debt Instrument [Line Items]        
Debt Instrument, Floor Interest Rate 0      
Total long-term debt     $ 49,818 $ 25,000
Minimum        
Debt Instrument [Line Items]        
Commitment fee (percentage)     0.20%  
Maximum        
Debt Instrument [Line Items]        
Commitment fee (percentage)     0.25%  
Line of Credit        
Debt Instrument [Line Items]        
Debt default interest rate increase (percentage)     2.00%  
Debt instrument, maximum leverage ratio of total indebtedness to adjusted EBITDA     3.00  
Debt instrument, maximum leverage ratio of total indebtedness to adjusted EBITDA, following material acquisitions     3.50  
Minimum fixed charge coverage ratio     1.25  
Debt instrument, term (years)   5 years    
Proceeds from Issuance of Long-term Debt $ 5,000      
Line of Credit | Base Rate        
Debt Instrument [Line Items]        
Stated interest rate (percent)     1.50%  
Line of Credit | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate        
Debt Instrument [Line Items]        
Stated interest rate (percent) 0.10%      
Line of Credit | Minimum | Base Rate        
Debt Instrument [Line Items]        
Stated interest rate (percent)     1.25%  
Line of Credit | Maximum | Base Rate        
Debt Instrument [Line Items]        
Stated interest rate (percent)     1.75%  
Line of Credit | Revolving Credit Facility        
Debt Instrument [Line Items]        
Credit facility borrowing capacity   $ 75,000    
Possible increase in borrowing capacity   $ 75,000    
Number of financial covenants | covenant     2  
Interest rate at period end (percentage)     6.73%  
Borrowings outstanding     $ 25,000  
Total long-term debt     $ 25,000  
Line of Credit | Secured Debt        
Debt Instrument [Line Items]        
Debt Instrument, Face Amount $ 30,000