XML 60 R47.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 6 - Debt (Details Textual)
1 Months Ended 12 Months Ended
Feb. 26, 2016
USD ($)
May 23, 2015
USD ($)
May 15, 2015
USD ($)
May 23, 2012
USD ($)
Aug. 19, 2015
Jul. 17, 2014
USD ($)
Jul. 16, 2014
USD ($)
May 29, 2016
USD ($)
May 31, 2015
USD ($)
May 25, 2014
USD ($)
Nov. 27, 2015
USD ($)
May 29, 2015
USD ($)
Nov. 24, 2014
USD ($)
Aug. 28, 2014
USD ($)
Apio [Member] | GE Capital and BofA [Member]                            
Capitalized Loan Origination Fees               $ 200,000 $ 397,000 $ 0        
Apio [Member] | Revolving Credit Facility [Member] | GE Capital [Member] | London Interbank Offered Rate (LIBOR) [Member]                            
Debt Instrument, Basis Spread on Variable Rate           1.75% 2.00%              
Apio [Member] | Revolving Credit Facility [Member] | GE Capital [Member]                            
Long-term Line of Credit               3,500,000 0          
Line of Credit Facility, Maximum Borrowing Capacity           $ 40,000,000 $ 25,000,000              
Line of Credit Facility, Remaining Borrowing Capacity               $ 22,600,000            
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage               0.375%            
Apio [Member] | Capital Equipment Loan [Member]                            
Long-term Line of Credit                         $ 4,100,000 $ 7,100,000
Line of Credit Facility, Maximum Borrowing Capacity           $ 25,000,000                
Debt Instrument, Term           5 years                
Line of Credit Facility Amortization Period           7 years                
Debt Instrument, Interest Rate, Stated Percentage                         3.74% 3.68%
Apio [Member] | Commitment Letter, Equipment Loan [Member] | GE Capital [Member]                            
Line of Credit Facility, Maximum Borrowing Capacity     $ 14,700,000                      
Debt Instrument, Basis Spread on Variable Rate 2.25%                          
Debt Instrument, Term 5 years                          
Long-term Debt $ 9,100,000                          
Apio [Member] | Commitment Letter, Real Property Loan [Member] | GE Capital [Member]                            
Line of Credit Facility, Maximum Borrowing Capacity     7,700,000                      
Debt Instrument, Basis Spread on Variable Rate 2.25%                          
Debt Instrument, Term 10 years                          
Long-term Debt $ 7,700,000                          
Apio [Member] | Capital Equipment Loan 4 [Member]                            
Debt Instrument, Interest Rate, Stated Percentage                     2.92% 2.79%    
Long-term Debt                     $ 4,200,000 $ 3,800,000    
Apio [Member] | BofA [Member]                            
Line of Credit Facility, Maximum Borrowing Capacity     $ 15,000,000                      
Debt Instrument, Term     5 years                      
Interest Rate Swap Term     2 years 182 days                      
Apio [Member] | Amortization of Loan Origination Fees [Member]                            
Interest Expense, Other               $ 293,000 206,000 $ 187,000        
Apio [Member] | Other Assets [Member]                            
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums               $ 1,100,000 $ 1,200,000          
Apio [Member]                            
Minimum Fixed Charge Coverage Ratio               1.1            
Line of Credit Facility Borrowing Availability Threshold               $ 12,000,000            
Lifecore [Member] | Working Capital Line Of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]                            
Debt Instrument, Basis Spread on Variable Rate   1.85%                        
Lifecore [Member] | Working Capital Line Of Credit [Member]                            
Debt Instrument, Unused Borrowing Capacity, Fee               0            
Long-term Line of Credit               0            
Line of Credit Facility, Maximum Borrowing Capacity   $ 10,000,000                        
Line of Credit Facility, Remaining Borrowing Capacity               $ 9,600,000            
Line of Credit Facility, Expiration Period       2 years                    
Lifecore [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Loan [Member]                            
Debt Instrument, Basis Spread on Variable Rate       2.00%                    
Lifecore [Member] | Term Loan [Member]                            
Debt Instrument, Term       4 years                    
Long-term Debt       $ 12,000,000                    
Debt Instrument Monthly Payments       $ 250,000                    
Lifecore [Member]                            
Number of Financing Agreements       2                    
Letters of Credit Outstanding, Amount       $ 3,500,000                    
Capital Equipment Loan 4 [Member]                            
Debt Instrument, Interest Rate, Stated Percentage               2.79% 2.79%          
Long-term Debt               $ 3,158,000 $ 3,819,000          
Term Loan [Member]                            
Long-term Debt               7,098,000            
Long-term Debt               $ 54,662,000 $ 42,519,000          
Annual Remarketing Fee Percentage         0.125%                  
Annual Letter of Credit Fee Percentage         0.75%