<SEC-DOCUMENT>0001437749-17-006315.txt : 20170410
<SEC-HEADER>0001437749-17-006315.hdr.sgml : 20170410
<ACCEPTANCE-DATETIME>20170407173801
ACCESSION NUMBER:		0001437749-17-006315
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170404
ITEM INFORMATION:		Results of Operations and Financial Condition
FILED AS OF DATE:		20170410
DATE AS OF CHANGE:		20170407

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDEC CORP \CA\
		CENTRAL INDEX KEY:			0001005286
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
		IRS NUMBER:				943025618
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			0529

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27446
		FILM NUMBER:		17750928

	BUSINESS ADDRESS:	
		STREET 1:		3603 HAVEN AVE
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025
		BUSINESS PHONE:		6503061650

	MAIL ADDRESS:	
		STREET 1:		3603 HAVEN AVE
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>lndc20170407_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:53.8%;margin-right:0pt;margin-top:0pt;text-align:left;"><b>&nbsp;</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>UNITED STATES</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Washington, D.C. 20549</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>FORM 8-K</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&nbsp;</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>CURRENT REPORT</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Pursuant to Section 13 or 15(d) of the</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Securities Exchange Act of 1934</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">Date of Report (Date of ear<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">liest event reported): April 4, 2017</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>LANDEC <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">CORPORATION</font></b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">(Exact name of registrant as specified in its charter)</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Delaware</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">(State or other jurisdiction of incorporation)</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

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			<td style="vertical-align:top;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;"><b>0-27446</b></p>
			</td>
			<td style="vertical-align:top;width:30%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;"><b>94-3025618</b></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">(Commission file number)</p>
			</td>
			<td style="vertical-align:top;width:30%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">(IRS Employer Identification No.)</p>
			</td>
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</table>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL2" style="width:100%;text-indent:0;font-family:Times New Roman, Times, serif;font-size:10pt;">

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.55pt;margin-top:0pt;text-align:center;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;<b>3603 Haven Avenue, Menlo Park, California</b></font></p>
			</td>
			<td style="vertical-align:top;width:43%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;"><b>94025</b></p>
			</td>
		</tr>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.55pt;margin-top:0pt;text-align:center;">(Address of principal executive offices)</p>
			</td>
			<td style="vertical-align:top;width:43%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">(Zip Code)</p>
			</td>
		</tr>

</table>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(650) 306-1650</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">(Registrant<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&rsquo;s telephone number, including area code)</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Not Applicable</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">(Former name or former address, if changed since last report)</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Check the appropriate box below <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&#9744;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>
			</td>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-18pt;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&#9744;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Soliciting material <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-18pt;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&#9744;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-18pt;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&#9744;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> Act (17 CFR 240.13e-4(c))</font></p>
			</td>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="background-color:#000000;font-family:Times New Roman, Times, serif;font-size:10pt;line-height:.15;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">1</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
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<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;"><b>Item 2.02</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;</font></p>
			</td>
			<td style="vertical-align:top;width:90.5%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;"><b>Results of Operations and Financial Condition.</b></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">On <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">April 4, 2017, Landec Corporation (the &ldquo;Registrant&rdquo;) issued a press release announcing its consolidated financial results for the third&nbsp;quarter of fiscal year 2017 ended February 26, 2017. The press release is furnished herewith as Exhibit 99.1.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">The information in this Current Report including Exhibit 99.1 is being furnished and shall not be deemed &ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">filed&rdquo; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;) or otherwise subject to the liabilities of that Section. The information in this Current Report including Exhibit 99.1 shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> &nbsp;</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">2</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

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<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item 9.01. Financial Statements and </b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>Exhibits</b>.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">(d)<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">The following exhibits are furnished as part of th<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">is report:</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL8" style="width:100%;text-indent:0;font-family:Times New Roman, Times, serif;font-size:10pt;">

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">Exhibit</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">No.</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<td style="vertical-align:bottom;border-bottom:solid 1px #000000;;width:88%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">Description</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">99.1</p>
			</td>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Registrant<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&rsquo;s Press Release dated April 4, 2017 regarding financial results.</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">3</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SIGNATURE</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Date: <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">April 7, 2017</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> &nbsp; &nbsp;</font></p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:3.6pt;margin-top:0pt;text-align:left;"><b>LANDEC CORPORATION</b></p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">By:</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">/s/<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;Gregory S. Skinner &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
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			<td style="vertical-align:top;width:12.2%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<td style="vertical-align:top;width:34.9%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Gregory S. Skinner</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Vice President of Finance and</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Administration and Chief Financial Officer</p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">4</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> &nbsp;</font></p>

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<div id="PGNUM" style="text-align: center; width: 100%">&nbsp;</div>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>EXHIBIT INDEX</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">Exhibit</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">No.</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">Description</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:center;">99.1</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:1.6pt;margin-top:0pt;text-align:left;">Registrant<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&rsquo;s Press Release dated April 4, 2017 regarding financial results.</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">5</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 53.8%; text-indent: -126pt;"><b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">FOR IMMEDIATE RELEASE &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Exhibit 99.1</font></b></p>

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			<p style="margin-bottom:0pt;margin-top:0pt;"><b><font style="font-size:10pt;font-family:Times New Roman, Times, serif;">Contact Information:</font></b></p>
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			<p style="margin-bottom:0pt;margin-top:0pt;"><b><font style="font-size:10pt;font-family:Times New Roman, Times, serif;">&nbsp;</font></b></p>
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<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: left; text-indent: 0pt;"><b>At the Company:<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Investor Relations:</font></b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Gregory S. Skinner<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; John Mills, Partner </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Vice President Finance and CFO<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; (646) 277-1254</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">(650) 261-3677<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; John.Mills@ICRINC.com</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 12pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: center;"><b>Landec Corporation Reports<font style="font-family:Times New Roman, Times, serif;font-size:12pt;"> Third Quarter and First Nine Months Fiscal 2017 Results </font></b></p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: center;"><b>&nbsp;</b></p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: center;"><b>Lifecore Achieves Record Revenue<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">s and Net Income in Third Quarter </font></b></p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: center;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>M</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>ENLO PARK, CA</b> &ndash; April 4, 2017 &ndash; Landec Corporation (NASDAQ: LNDC), a leading innovator of diversified health and wellness solutions within the packaged natural food and biomaterial markets, reported results for the fiscal quarter ended February 26, 2017 and first nine months of fiscal 2017. </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Landec is focused on innovating new products at both Apio and Lifecore and shifting our product mix to higher value items to increase gross margin over time. For the third quarter, our consolidated gross margin increased 730 basis points to 17.2% compared to 9.9% in the third quarter of fiscal 2016, demonstrating the benefits of our ongoing commitment to innovation which drove a record quarter for Lifecore, Landec&rsquo;s biomaterials business,&rdquo; commented Molly Hemmeter, Landec&rsquo;s President and CEO. &ldquo;During the third quarter, Apio, Inc., Landec&rsquo;s food business, experienced an improved operating environment that led to an increase in its gross margin. We also launched several significant strategic initiatives that will advance our long-term strategy to broaden our offerings beyond produce into higher margin and less volatile natural products.&rdquo;</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">At Landec, we want to make it easy and convenient for people to eat healthier. In our pursuit of this mission, Apio announced the Eat Smart<sup>&reg; </sup>100% Clean Label initiative in late February, becoming the first in the category to commit to clean ingredients and transparent labeling by the end of fiscal 2018. With over 90% of Apio&rsquo;s products already adhering to these standards, the focus will be on reformulating the remaining non-organic salad dressings and dips to comply with the 100% Clean Label program,&rdquo; said Ms. Hemmeter. &ldquo;In early March, Landec announced the acquisition of O Olive Oil, Inc., a company that offers a line of award winning, branded natural and organic olive oils and vinegars. The specialty oil and vinegar industry is in the midst of a dramatic shift in consumer demand from conventional to natural products, thus making it an opportune time to invest capital in growing the O brand. Also in March, Landec announced the addition of Ms. Debbie Carosella to the Landec Board of Directors, a strong food innovation leader in the natural and organic industry, most recently CEO of Madhava and SVP of Innovation at Whitewave Foods. Finally in this quarter, Apio announced a five-year extension of its minority investment in Windset Farms given expectations for continued high returns on capital and the potential of partnering on future strategic projects. These advancements set the foundation for Landec&rsquo;s ongoing commitment to innovation and expansion of its food business.&rdquo;</font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Ms. Hemmeter <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">added, &ldquo;In addition to the advancements in our natural foods business, Lifecore had a remarkable quarter, setting records for quarterly revenues of $23.5 million, a 50% increase compared to the third quarter of last year, and operating income which increased 92% to $9.9 million compared to the third quarter of last year. The transition to a fully integrated contract development and manufacturing organization (CDMO) is well underway and the results are reflected in Lifecore&rsquo;s revenue and operating income growth, both of which are expected to exceed our original expectations for Lifecore for fiscal 2017.&rdquo;</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Revenues during the third quarter increased 5% compared to the third quarter of last year due to the 50% increase in revenues at Lifecore which were partially offset by a 1% decrease at Apio stemming from our strategic decision to reduce low margin business in our packaged fresh vegetables business. Net income for the third quarter was $3.5 million or $0.13 per share and was negatively impacted by $0.05 per share due to the Company recording a non-recurring $2.1 million ($1.4 million net of tax) legal settlement charge during the quarter. In the year ago three and nine months periods, the Company recorded a net loss due to the $34 million ($21.5 million after taxes) write down of our GreenLine<sup>&reg;</sup> trademark. Overall, our efforts to shift away from non-strategic low margin business and to innovate and sell higher margin products as a larger percent of our business are resulting in continued improvement in both gross and operating margins,&rdquo; stated Greg Skinner, Landec&rsquo;s VP of Finance and CFO. </font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Summary of Third</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b> Quarte</b><b>r</b><b> 2017 Results Compared to Third</b><b> Quarter of 2016</b></font></p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">Revenues in<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">creased 5% to $136.6 million </font></p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">Gross profit increased <font style="font-size:10pt;font-family:Times New Roman, Times, serif;">81% to $23.4 million</font></p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">G<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">ross profit margin increased 730 basis points to 17.2% </font></p>
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			<td style="width:18pt;">&nbsp;</td>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">&#9679;</p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">Operating i<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">ncome was $4.3 million compared to an operating loss of $33.6 million in the third quarter last year due to a $34 million write down of our GreenLine trademark</font></p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">Net income was <font style="font-size:10pt;font-family:Times New Roman, Times, serif;">$3.5 million or $0.13 per share compared to a net loss of $21.2 million or $0.78 per share in the same quarter last year due to the GreenLine trademark write down</font></p>
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			<td style="width:18pt;">&nbsp;</td>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">Net income was <font style="font-size:10pt;font-family:Times New Roman, Times, serif;">reduced by $2.1 million or $0.05 per share due to recording a non-recurring legal settlement charge during the third quarter of fiscal 2017</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Ms. <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Hemmeter stated, &ldquo;Lifecore is having a record year with revenues for the first nine months of fiscal 2017 increasing 38% to $47.8 million compared to the same period last year and operating income increasing 74% to $14.5 million, achieving an operating margin of 30%. Lifecore&rsquo;s operating margin for the first nine months of fiscal 2017 was driven by a very favorable product mix change toward higher margin fermentation sales. At Apio for the first nine months, gross profit was up $9.2 million, or 30%, based on a favorable shift in product mix and positive operating efficiencies even though revenues were down 4% due to our prior strategic decision to focus on higher margin business in the packaged fresh vegetables segment beginning in the second half of last fiscal year. Apio is focused on reducing operational costs through investments in productivity projects in all of its facilities and currently is realizing efficiency gains in its salad business as a result of the newly constructed, fully-automated Hanover facility. </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">In our Apio packaged fresh vegetables business, we have been successful in significantly shifting our product mix to higher margin Eat Smart vegetable salad products, which now account for 36% of the packaged fresh vegetables business revenues and drove segment gross margin expansion of 560 basis points to 9.6% in the third quarter, and expansion of 350 basis points to 12.2% in the first nine months compared to the same periods last year,&rdquo; said Hemmeter. </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Salad kit revenues were slightly down during the first nine months of fiscal 2017 compared to the first nine months of last year and lower than our expectations due to two primary factors. First, a key customer moved to a multi-sourcing strategy from a sole-sourcing strategy for their salad kit business as a result of last year&rsquo;s El Nino induced industry-wide produce shortages. Second, in the Canadian market, where Eat Smart salads have a 47% market share including Costco Canada, there has been a significant decline in the retail salad kit market growth rate due to weakening economic conditions in Canada,&rdquo; continued Ms. Hemmeter. </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Even though overall salad kit revenues were down in the first nine months of fiscal 2017, our U.S. retail salad kit business continues to outperform versus the U.S. retail salad kit category. For the nine months ended February 26, 2017, the Nielsen U.S. salad kit category growth rate, excluding Costco, in consumer dollars was 18% while the comparable growth for Eat Smart salad kits during the same period was 48%, primarily driven by increased distribution of Eat Smart salad kits, consistent with our strategic objectives. We continue to see high growth potential in our salad products as new salad products are added to existing accounts and as we add distribution in key U.S. accounts,&rdquo; added Ms. Hemmeter.</font></p>

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<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Fiscal </b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>Third</b><b> Quarter </b><b>2017</b><b> </b><b>Results</b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Revenues in the third<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> quarter of fiscal 2017 increased 5% to $136.6 million from $130.0 million in the year-ago quarter. The increase was due to a $7.8 million or 50% increase in revenues at Lifecore and an $887,000 or 14% increase in revenues in Apio&rsquo;s export business. These increases in revenues were partially offset by a $1.9 million or 2% decrease in revenues in Apio&rsquo;s packaged fresh vegetables business.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">N<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">et income in the third quarter of fiscal 2017 was $3.5 million or $0.13 per share compared to a net loss of $21.2 million or $0.78 per share in the year-ago quarter. The increase in net income was due to (1) the $34 million ($21.5 million net of tax) write down of the GreenLine trademark in the third quarter of last year, (2) a $4.7 million or 92% increase in operating income at Lifecore, (3) a $5.8 million or 120% increase in gross profit at Apio from favorable operational cost variances, specifically lower produce sourcing costs and improved labor efficiencies in the Company&rsquo;s processing plants, and (4) a $700,000 increase in the change in the fair market value of our Windset investment. These increases in net income were partially offset by (1) a $5.6 million or 76% increase in operating expenses at Apio, resulting from the Company agreeing to settle several labor related legal actions which resulted in the Company recording a $2.1 million charge during the quarter, severance expenses, and additional headcount hired during the past year in the areas of sales and financial analysis, (2) a $743,000 increase in operating expenses at Corporate for new business development activity, expenses from the O Olive acquisition and an increase in stock based compensation expenses, and (3) a $1.5 million increase in income taxes, excluding the year ago third quarter tax benefit from the GreenLine trademark impairment charge.</font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Fiscal Nine</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b> Months 2017</b><b> Results</b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Revenues in the<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> first nine months of fiscal 2017 were basically flat at $404.8 million compared to $405.8 million in the same period last year. The slight change was primarily due to a 6% decrease in revenues in Apio&rsquo;s packaged fresh vegetables business offset by a 38% increase in revenues at Lifecore and an 11% increase in Apio&rsquo;s export business.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">N<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">et income in the first nine months of fiscal 2017 was $8.1 million, or $0.29 per share, compared to a net loss of $16.4 million, or $0.61 per share, in the first nine months of fiscal 2016. The increase in net income was due to (1) the $34 million ($21.5 million net of tax) write down of the GreenLine trademark in the third quarter of last year, (2) a $6.2 million or 74% increase in operating income at Lifecore, and (3) a $9.2 million or 30% increase in gross profit at Apio. These increases in net income were partially offset by (1) an $8.1 million or 33% increase in operating expenses at Apio, which includes the $2.1 million legal settlement charge, (2) a $1.3 million increase in the operating loss at Corporate consisting of a $764,000 reduction in gross profit due to the completion of a licensing agreement during fiscal 2016 and a $546,000 increase in operating expenses, and (3) from a $1.3 million increase in income taxes, excluding the year ago nine months tax benefit from the GreenLine trademark impairment charge.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Management Comme</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>nts and Guidance for Fiscal 2017</b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;We have been very active since our last earnings release three months ago<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> with efforts to continue to position Landec as a true innovator in the health and wellness space,&rdquo; stated Ms. Hemmeter. &ldquo;We announced the Eat Smart 100% Clean Label Initiative, we acquired O Olive Oil, Inc., we extended our agreement with Windset for five more years, we named Debbie Carosella to our board of directors and we agreed to settle several labor related legal actions that have been going on for over 18 months, thus avoiding the unknown outcome of trials and potentially spending millions of dollars on future legal fees for litigation.&rdquo;</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">M<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">r. Skinner added, &ldquo;As announced last week, we now expect our EPS for our fiscal fourth quarter to range from $0.09 to $0.11 which results in a revised annual EPS range of $0.38 to $0.40. The reduction in our original annual net income guidance is driven by the legal settlement charge recorded during our fiscal third quarter plus the impact that the heavy rains in California since the beginning of January are expected to have on our fiscal fourth quarter results. The rains have damaged crops and have impeded our ability to plant fields during January and February which will result in shortages of key vegetable crops during our fiscal fourth quarter. In addition, we now expect revenues for fiscal 2017 to be flat compared to fiscal 2016 and we expect consolidated cash flow from operations of approximately $30 to $35 million and capital expenditures of approximately $20 to $25 million for fiscal 2017. </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>&nbsp;</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&ldquo;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Our balance sheet and cash generation remain strong. We ended the third quarter with $12.7 million in cash which was up $2.8 million from fiscal year end 2016. Debt at the end of the third quarter was $52.2 million with a debt to equity ratio of 23%, compared to $61.1 million and 29%, respectively, at fiscal year end 2016. Working capital strengthened to $39.4 million, up 31% compared to $30 million at fiscal year end 2016. Cash flow from operations for the first nine months was $23.2 million, up from $6.4 million for the same period last year. Capital expenditures for the first nine months were $9.5 million, down from $26.2 million for the same period last year. The net effect resulted in free cash flow of $13.7 million for the first nine months compared to a negative free cash flow of $19.8 million for the same period last year, an improvement of $33.5 million,&rdquo; concluded Mr. Skinner.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>&nbsp;</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Conference Call</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">The live webcast can be accessed directly at <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">http://ir.Landec.com/events.cfm or on Landec&rsquo;s website on the Investor Events &amp; Presentations page. The webcast will be available for 30 days. </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Date: <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Wednesday, April 5, 2017</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Time: <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">11:00 a.m. Eastern time (8:00 a.m. Pacific time)</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Direct <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Webcast link: http://ir.Landec.com/events.cfm</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">To participate in the conference call via telephone,<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> dial toll-free (844) 860-6243 or (661) 378-9884. Please call the conference telephone number 5-10 minutes prior to the start time so the operator can register your name and organization. If you have any difficulty with the webcast or connecting to the call, please contact ICR at (646) 277-1254.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">A replay of the call wil<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">l be available through Wednesday, April 12, 2017 by calling toll-free (855) 859-2056 or international (404) 537-3406, and entering code #87473692.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>About Landec Corporation<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Landec Corporation (NASDAQ:LNDC) is a leading <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">innovator of diversified health and wellness solutions within the packaged natural food and biomaterial markets. Apio, Landec&rsquo;s food business, is the leader in branded, packaged fresh vegetables in North America, utilizing its proprietary BreatheWay&reg; packaging technology to naturally extend the shelf life of fresh produce. Apio combines this technology with the capabilities of a large national fresh produce supplier to offer healthy fresh vegetable products under the Eat Smart&reg; brand to consumers through club and retail grocery stores. </font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Extending its reach into adjacent natural food products outside of produce, Landec recently acquired O Olive Oil, Inc, an organic and natural producer and marketer of olive oils and vinegars under the O brand. Lifecore Biomedical, Landec&rsquo;s biomaterial business, is a fully integrated Contract Development and Manufacturing Organization (CDMO) that offers expertise and capabilities in fermentation, specialty formulation, aseptic filling and final packaging for FDA regulated medical devices and drugs to customers for applications in a wide array of markets including Ophthalmic, Orthopedic and Oncology. For more information about the company, visit Landec&rsquo;s website at <u>www.landec.com</u></font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">. </font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Important Cautions Regarding Forward-Looking Statements</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially, including such factors among others, as the timing and expenses associated with operations, the ability to achieve acceptance of the Company&#39;s new products in the market place, weather conditions that can affect the supply and price of produce, the amount and timing of research and development funding and license fees from the Company&#39;s collaborative partners, the timing of regulatory approvals, the mix between domestic and international sales, and the risk factors listed in the Company<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&rsquo;s Form 10-K for the fiscal year ended May 29, 2016 (See item 1A: Risk Factors) which may be updated in Part II, Item 1A Risk Factors in the Company&rsquo;s Quarterly Reports on Form 10-Q. As a result of these and other factors, the Company expects to continue to experience significant fluctuations in quarterly operating results and there can be no assurance that the Company will remain consistently profitable. The Company undertakes no obligation to update or revise any forward-looking statements whether as a result of new developments or otherwise.</font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

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<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;text-transform:uppercase;"><b>Landec Corporation </b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>CONSOLIDATED CONDENSED BALANCE SHEETS</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i>(In thousands)</i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL8" style="width:100%;text-indent:0;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="vertical-align: top; width: 1406px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: center;">February 26<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, 2017</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: center;">May 29<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, 2016</font></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 1406px;">&nbsp;</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(unaudited)</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><u><b>ASSETS</b></u></p>
			</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-18pt;">Current Assets:</p>
			</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Cash and<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> cash equivalents</font></p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">$ <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 12,734</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">$ <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 9,894</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Accounts receivable, net</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">45,918</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">46,406</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Inventories, net</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">23,273</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">2<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">5,535</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Prepaid expenses and other current assets</p>
			</td>
			<td style="vertical-align: top; width: 159px; border-bottom: thin solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">4,650</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">4,<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">468</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Total Current Assets</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">86,575</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">86,<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">303</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">&nbsp;</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Investment in non-public company</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">63,400</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">62,700</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Property and equipment, net</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">123,005</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">120,880</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Intangible assets, net</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">70<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">,352</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">71,016</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Other assets</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">2,804</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">1,754</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Total Assets</p>
			</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">46,136</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;342,653</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><u><b>LIABILITIES AND STOCKHOLDERS&#39; EQUITY</b></u></p>
			</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Current Liabilities:</p>
			</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Accounts payable</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">24,764&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;30,904&nbsp;</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Accrued compensation</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">6,136</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">5,460</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Other accrued liabilities</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">10,904</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">7,772</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Deferred revenue</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">429</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">832</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Line of credit</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">&mdash;</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">3,500</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Current portion of long-term debt</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">4,940</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">7,873</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Total Current Liabilities</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">47,173</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">56,<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">341</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">&nbsp;</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Long-term debt, less current portion</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">43,534</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">4<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">5,972</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Capital lease obligation, less current portion</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">3,751</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">3,804</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Deferred taxes</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">25,507</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">22,442</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Other non-current liabilities</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">2,031</p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">1,744</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">&nbsp;</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Stockholders&#39; Equity</p>
			</td>
			<td style="vertical-align: top; width: 159px;">&nbsp;</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Common stock</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Additional paid-in capital</p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">140,134</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137,244</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Accumulated o<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">ther comprehensive income</font></p>
			</td>
			<td style="vertical-align: top; width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">430</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&mdash;</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:left;">Retained earnings</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;82,018</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;73,457</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Total Stockholders&#39; Equity</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">222,609</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">210,728</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">-controlling interest</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,531</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 151px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;text-align:center;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,622</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Total Equity</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;224,140</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;212,350</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 1406px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Total Liabilities and Stockholders<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&rsquo; Equity</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 159px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">346,136</font></p>
			</td>
			<td style="vertical-align: top; width: 25px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 151px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">342,653</font></p>
			</td>
		</tr>

</table>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>&nbsp;&nbsp;</b></p>

<div id="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div id="PGNUM" style="text-align: center; width: 100%">3</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div id="PGHDR" style="text-align: left; width: 100%">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;text-transform:uppercase;"><b>Landec Corporation</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;text-transform:uppercase;"><b>Consolidated CONDENSED Statements of INCOME</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i>(In thousands, except per-share data)</i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i>(unaudited)</i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL10" style="width:100%;text-indent:0;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">&nbsp;</td>
			<td colspan="3" style="vertical-align: top; width: 342px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><u>Three Months Ended </u></font></p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td colspan="3" style="vertical-align: top; width: 286px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><u>Nine</u><u> Months Ended </u></font></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">&nbsp;</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">February 26<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, </font></p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">February 28<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, </font></p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">February 26<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, </font></p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">February 28<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, </font></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 175px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">2017</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 147px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">2016</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">2017</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 126px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">2016</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Product Sales</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;"><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;136,568</font></p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp;&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">129,990</font></p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">404,827</font></p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> 405,786</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">&nbsp;</td>
			<td style="vertical-align: top; width: 175px;">&nbsp;</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">&nbsp;</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">&nbsp;</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Cost of product sales</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;113,136</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">117,059</font></p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">341,298</font></p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">357,613</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">&nbsp;</td>
			<td style="vertical-align: top; width: 175px;">&nbsp;</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">&nbsp;</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">&nbsp;</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Gross profit</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">23,432</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">12,931</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">63,529</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">48,173</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">&nbsp;</td>
			<td style="vertical-align: top; width: 175px;">&nbsp;</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">&nbsp;</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">&nbsp;</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Operating costs and expenses:</p>
			</td>
			<td style="vertical-align: top; width: 175px;">&nbsp;</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">&nbsp;</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">&nbsp;</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td colspan="2" style="vertical-align: top; width: 1047px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Research and development</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">2,014</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">1,895</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">5,917</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">5,413</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td colspan="2" style="vertical-align: top; width: 1047px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Selling, general and administrative</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">15,009</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">10,659</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">41,969</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">35,638</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td colspan="2" style="vertical-align: top; width: 1047px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Legal settlement<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> charge</font></p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">2,080</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:7.5pt;margin-top:0pt;text-align:right;">&mdash;</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">2,580</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:7.5pt;margin-top:0pt;text-align:right;">&mdash;</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td colspan="2" style="vertical-align: top; width: 1047px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Impairment of GreenLine trade<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">mark</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 175px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:7.5pt;margin-top:0pt;text-align:right;">&mdash;</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">34,000</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:7.5pt;margin-top:0pt;text-align:right;">&mdash;</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">34,000</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Total operating costs and expenses</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">19,103</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">46,554</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">50,466</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75,051</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Operating income<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> (loss)</font></p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">4,329</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;(33,623)</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">13,063</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(26,878)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align:top;width:2.7%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px;">&nbsp;</td>
			<td style="vertical-align: top; width: 175px;">&nbsp;</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">&nbsp;</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">&nbsp;</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Dividend income</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">413</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 3pt 0pt 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413</p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">1,238</p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">1,238</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Interest income</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">8</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 3pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">17</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">15</p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;64</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">Interest expense</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(400)</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 2.6pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(484)</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(1,432)</font></p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp; (1,425)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">Loss on debt refinancing</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&mdash;</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 2.6pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&mdash;</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,233)</p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 2.6pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&mdash;</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">Other income</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;700&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 2.6pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&mdash;</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 3pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;700</font></p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;1,000</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Net income <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(loss) before taxes</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">5,050</p>
			</td>
			<td style="vertical-align: top; width: 16px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 3pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(33,677)</font></p>
			</td>
			<td style="vertical-align: top; width: 19px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">12,351</font></p>
			</td>
			<td style="vertical-align: top; width: 17px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;(26,001)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Income taxes<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> (benefit)</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(1,556)</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 3pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;12,510</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(4,138)</font></p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 3pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;9,750</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">Consolidated net income<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> (loss)</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">3,494</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 3pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;(21,167)</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">8,213</font></p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(16,251)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Non-controlling interest </font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">6</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;(23)</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(75)</font></p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(119)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">Net income <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(loss) available to common stockholders</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;"><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3,500</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;$ <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;(21,190)</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">8,138</font></p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(16,370)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 2.7%; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 2.7%; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 1000px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 175px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 147px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 126px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">Diluted net income <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(loss) per share</font></p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;"><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.13</font></p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 1.5pt 0pt 0pt; text-align: right;">$<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.78)</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">0.29</font></p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 1.5pt 0pt 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;(0.61)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 175px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td colspan="3" style="vertical-align: top; width: 1094px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">Shares used in diluted per share computations</p>
			</td>
			<td style="vertical-align: top; width: 175px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">27,682</p>
			</td>
			<td style="vertical-align: top; width: 16px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 147px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 1.5pt 0pt 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> 27,054</font></p>
			</td>
			<td style="vertical-align: top; width: 19px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">27,608</p>
			</td>
			<td style="vertical-align: top; width: 17px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 126px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">27,026</font></p>
			</td>
		</tr>

</table>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;"><b>&nbsp;</b></p>

<div id="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div id="PGNUM" style="text-align: center; width: 100%">4</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div id="PGHDR" style="text-align: left; width: 100%">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>LANDEC CORPORATION</b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>THIRD QUARTER ENDED FEBRUARY 26</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>, 20</b><b>17</b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Q</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>UESTIONS </b><b>&amp; </b><b>ANSWERS</b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB11" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">1)</p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><font style="font-size:10pt;font-family:Times New Roman, Times, serif;">What were the key drivers of Lifecore&rsquo;s tremendous growth through the first nine months of fiscal 2017?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 27pt; text-align: left;"><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>Lifeco</b></i><i><b>re&rsquo;s growth during the first nine</b></i><i><b> months of this </b></i><i><b>fiscal </b></i><i><b>year compared to the same period last year was driven </b></i><i><b>by</b></i><i><b> a substantial</b></i><i><b> increase</b></i><i><b> in revenues in its high</b></i><i><b>er</b></i><i><b> margin fermentation business as a result of increased demand from existing customers and from </b></i><i><b>a </b></i><i><b>26</b></i><i><b>%</b></i><i><b> increase</b></i><i><b> in aseptic sales primarily due to recent</b></i><i><b>ly</b></i><i><b> develo</b></i><i><b>ped</b></i><i><b> products becoming commercialized. These increases were partially offset by lower business development revenues as a result of a key customer obtaining FDA approval of its drug product,</b></i><i><b> thereby</b></i><i><b> moving that program from development to commercial production.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:54pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">2)</p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">What is the definition of &ldquo;Clean&rdquo; and how does this differ from organic products?</p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>The Eat Smart definition of Clean is simple.</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b> It means that </b></i><i><b>Eat Smart products </b></i><i><b>are </b></i><i><b>free from high fructose corn syrup, artificial preservatives, hydrogenated fats, as well as artificial colors, flavors, and sweeteners. </b></i><i><b>Eat Smart ingredient l</b></i><i><b>abels must also be easy-to-understand and only use recognizable ingredients that consumers can feel good about putting in their bodies and serving to their families.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>Nearly 90% of Eat Smart products already contain a clean label, including all cut vegetable products, salad blends and our most popular nutrient-dense vegetable salad kits including our Sweet Kale, Strawberry Harvest, and Sunflower Kale pro</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>ducts. Apio&rsquo;s 100% Clean Label</b></i><i><b> initiat</b></i><i><b>ive is focused on reformulating</b></i><i><b> salad dressings and toppings and vegetable tray dips that we source from other suppliers and include with our vegetable products to ensure they meet our new 100% Clean Label initiative specifications. Select packages of Eat Smart salads and tray products with a clean label will begin featuring a prominent burst on the front of the package that says: &ldquo;100% Clean Label. No artificial colors, flavors, or preservatives.&rdquo; More information</b></i><i><b> about Apio&rsquo;s 100% Clean Label</b></i><i><b> initiative can be found at </b></i><i><b>www.eatsmart.net</b></i><i><b>.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>The North American </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>retail </b></i><i><b>salad kit category is approximately $</b></i><i><b>1</b></i><i><b>.</b></i><i><b>4</b></i><i><b> billion </b></i><i><b>in consumer retail </b></i><i><b>dollars</b></i><i><b>. Of this total market, less than 2% of salad kits are sold as </b></i><i><b>organic*</b></i><i><b>. This is due to the number and complexity of ingredients in most salad kits, which makes it difficult to source all ingredients organically at a price that consumers are willing to pay. By offering consumers clean label salad kits and trays, Eat Smart provides consumers with another healthy option for realizing their personal wellness goals</b></i><i><b> at a more affordable price</b></i><i><b>.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;">*Nielsen Answers US Total US xAOC, Costco projected by Nielsen Homescan Panel US, Nielsen CAN, W/E 10/29/16; Club CAN for Packaged Salads only</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">3)</p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">The O Olive acquisition appears to be a first step in expanding into adjacent natural, clean and organic food areas. What are some of the strategic st<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">eps you are taking to grow O Olive&rsquo;s business along with operating synergies and when would you expect a contribution to net income from O Olive?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>The acquisition of O Olive is a first step in our stated strategy of moving into adjacent product segments outside of produce that offer consumers healthy, convenient and delicious products that deliver a gross margin over 30% and can </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>also </b></i><i><b>take advantage of Apio&rsquo;s robust supply chain, logistics and customer reach. The O Olive products are a clear adjacency to our salad kit products, a significant growth platform for Apio. The strong product innovation capabilities of the O Olive team and the synergies with the Apio business provide a roadmap for future, sustainable growth. We are very excited to welcome the O Olive team to our Landec family and look forward to supporting their growth initiatives. Based on our preliminary forecast, we see an immediate opportunity to significantly increase O Olive revenues in Landec&rsquo;s fiscal year 2018, and expect the business to be accretive in fiscal year 2018.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;"><i><b>&nbsp;</b></i></p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">4)</p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">What is the significance of the <font style="font-size:10pt;font-family:Times New Roman, Times, serif;">five year extension of the Windset Agreement?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>This extension will give Windset the financial flexibility to expand its operations on a more accelerated timeframe and thus increase its fair value which in turn will increase</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b> the value of</b></i><i><b> our investment in Windset. </b></i><i><b>T</b></i><i><b>hrough </b></i><i><b>February</b></i><i><b> 26, 2017</b></i><i><b>, Apio has recognized cash dividends and an increase in the fair value of its investment in Windset of $3</b></i><i><b>8.5</b></i><i><b> million, </b></i><i><b>consisting of a $30.4</b></i><i><b> million increase in the fair value of our investment and $</b></i><i><b>8.1</b></i><i><b> million of cumulative dividends, for a</b></i><i><b> return on invested capital (&ldquo;</b></i><i><b>ROIC</b></i><i><b>&rdquo;)</b></i><i><b> of approximately 20%. We estimate, based on Windset&rsquo;s growth plans of its greenhouse capacity in Santa Maria, that the ROIC over the next five years on our investment in Windset will continue to approximate the strong returns we realized during the first six years of our investment</b></i><i><b>.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">5)</p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">Why were Apio<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">&rsquo;s packaged fresh vegetables revenues down 6% for the first nine months?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:31.5pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 27pt; text-align: left;"><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>Since the beginning of the third quarter of fiscal 2016</b></i><i><b>, we </b></i><i><b>have strategically </b></i><i><b>lost approxim</b></i><i><b>ately $55</b></i><i><b> million of </b></i><i><b>our core packaged vegetables</b></i><i><b> business as a result of (1) our strategic decision to discontinue select low margin business, (2) </b></i><i><b>some</b></i><i><b> customers deciding to shift from single sourcing to a multi-source strategy, and (3) </b></i><i><b>our decision to reduce our dependency on certain highly volatile produce items resulting in the reduction of certain core packaged vegetable SKUs</b></i><i><b>. A large majority of the business we </b></i><i><b>have </b></i><i><b>lost </b></i><i><b>was low margin business that carried a very high cost to service. </b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-4.5pt;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>In addition, s</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>alad revenues were </b></i><i><b>down </b></i><i><b>4%</b></i><i><b> during</b></i><i><b> the first nine</b></i><i><b> months of this year compar</b></i><i><b>ed to the same period last year primarily due to </b></i><i><b>the loss of </b></i><i><b>some salad kit </b></i><i><b>business at Costco </b></i><i><b>resulting from</b></i><i><b> a corporate-wide decision </b></i><i><b>by Costco </b></i><i><b>to move to a multi-supplier sourcing strategy following </b></i><i><b>industry</b></i><i><b>-wide</b></i><i><b> </b></i><i><b>produce shortages</b></i><i><b> in 2016</b></i><i><b>. This reduction in salad kit</b></i><i><b> </b></i><i><b>revenues </b></i><i><b>from</b></i><i><b> Costco was partially offset by </b></i><i><b>significant growth in salad</b></i><i><b> kit</b></i><i><b> revenues in U.S. </b></i><i><b>r</b></i><i><b>etail and some growth in Canadian </b></i><i><b>r</b></i><i><b>etail</b></i><i><b>. </b></i><i><b>Other factors affecting salad revenues included</b></i><i><b> </b></i><i><b>the delay in customer </b></i><i><b>commitments</b></i><i><b> </b></i><i><b>for </b></i><i><b>new </b></i><i><b>salad kit </b></i><i><b>products</b></i><i><b> </b></i><i><b>following the </b></i><i><b>extensive industry</b></i><i><b>-wide</b></i><i><b> </b></i><i><b>produce shortage</b></i><i><b> </b></i><i><b>last year </b></i><i><b>until sourcing returned to normal</b></i><i><b> and </b></i><i><b>the launch of</b></i><i><b> a market test of plant-based protein salads throughout all Costco U</b></i><i><b>.</b></i><i><b>S</b></i><i><b>.</b></i><i><b> stores </b></i><i><b>during the first half of last year</b></i><i><b> </b></i><i><b>that </b></i><i><b>was </b></i><i><b>discontinued </b></i><i><b>later in fiscal 2016</b></i><i><b>.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-4.5pt;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-4.5pt;"><i><b>Importantly, while packaged fres</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>h vegetables revenues declined 6% in the first nine</b></i><i><b> mont</b></i><i><b>hs</b></i><i><b> compared to the same period last year</b></i><i><b>, that business generated a 32</b></i><i><b>% in</b></i><i><b>crease in gross profit and a 350</b></i><i><b> basis point imp</b></i><i><b>rovement in gross margin to 12.2</b></i><i><b>%.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-4.5pt;"><i><b>&nbsp;</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>&nbsp;</b></i></font></p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">6)</p>
			</td>
			<td style="vertical-align: top; width: 1717px;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">What has been the cumulative amount of atypical expenses incurred by the Company <font style="font-size:10pt;font-family:Times New Roman, Times, serif;">for this fiscal year?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>We have experienced several </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>nonrecurring</b></i><i><b> expenses this year </b></i><i><b>that </b></i><i><b>negatively impact </b></i><i><b>our results</b></i><i><b> </b></i><i><b>through the first nine months of fiscal 2017 </b></i><i><b>in the amount of</b></i><i><b> $6.</b></i><i><b>3</b></i><i><b> million or $0.1</b></i><i><b>5</b></i><i><b> per share after taxes, specifically</b></i><i><b>:</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

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			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>a.</b></i></p>
			</td>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>A loss on the refinancing of our debt of $1.2 million</b></i></p>
			</td>
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			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>b.</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>A</b></i><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b> legal settlement expense of $2.6 million</b></i><i><b> for labor-related litigation</b></i><i><b> </b></i><i><b>(</b></i><i><b>$2.1 million of which was recorded in the third quarter of fiscal 2017</b></i><i><b>)</b></i></font></p>
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			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>c.</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b>L</b></i><i><b>egal </b></i><i><b>expenses</b></i><i><b> </b></i><i><b>of $1.7 million </b></i><i><b>associated with </b></i><i><b>labor-related litigation </b></i><i><b>we have agreed to settle</b></i><i><b>, and</b></i></font></p>
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			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>d.</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Severance expenses during the third quarter of $</b></i><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b>8</b></i><i><b>00</b></i><i><b>,000</b></i><i><b> from </b></i><i><b>restructuring</b></i><i><b> our Apio sales team</b></i><i><b> </b></i></font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">7)</p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">What is the expected revenue growth for salads for all of fiscal 2017?</p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>We now expect revenues </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>from our salad products </b></i><i><b>to be flat </b></i><i><b>to slightly down </b></i><i><b>this year compared to last year</b></i><i><b> due to Costco&rsquo;s multi-sourcing strategy and </b></i><i><b>declining growth in the </b></i><i><b>Canadian </b></i><i><b>market</b></i><i><b>. However</b></i><i><b>, </b></i><i><b>and importantly</b></i><i><b>,</b></i><i><b> our</b></i><i><b> </b></i><i><b>growth </b></i><i><b>in the U.S. </b></i><i><b>for salad kits</b></i><i><b>, excluding Costco,</b></i><i><b> during the first nine</b></i><i><b> months of fiscal 2017 </b></i><i><b>was</b></i><i><b> </b></i><i><b>4</b></i><i><b>8</b></i><i><b>%</b></i><i><b> compared to category growth of </b></i><i><b>1</b></i><i><b>8</b></i><i><b>%</b></i><i><b>.</b></i><i><b> </b></i><i><b>We </b></i><i><b>continue to </b></i><i><b>see salads as a major growth platform at Apio as we</b></i><i><b> </b></i><i><b>innovate new items</b></i><i><b>, add new products to existing accounts</b></i><i><b> and expand</b></i><i><b> our distribution to key U</b></i><i><b>.</b></i><i><b>S</b></i><i><b>.</b></i><i><b> accounts.</b></i><i><b> </b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>We are </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>also very excited about the </b></i><i><b>Apio sales</b></i><i><b> team</b></i><i><b> </b></i><i><b>that </b></i><i><b>our </b></i><i><b>new Chief Customer and Sales Officer</b></i><i><b> has</b></i><i><b> </b></i><i><b>hired</b></i><i><b> over the last six months and we are very optimistic that this new team will </b></i><i><b>secure</b></i><i><b> new customers</b></i><i><b>, expand distribution in existing customers and aggressively sell our new salad products over the upcoming year and beyond. Since the team is new it is going to take some time to realize benefits from their current efforts.</b></i><i><b> </b></i><i><b>&nbsp;</b></i><i><b>Our new </b></i><i><b>data analytics </b></i><i><b>platform </b></i><i><b>is a key tool that will arm</b></i><i><b> the</b></i><i><b> </b></i><i><b>new </b></i><i><b>sales organization</b></i><i><b> with the data required to drive a compelling brand story that includes shopper insights, merchandising, promotional and pric</b></i><i><b>ing information</b></i><i><b> to</b></i><i><b> </b></i><i><b>grow a</b></i><i><b> profitable business</b></i><i><b> for </b></i><i><b>both </b></i><i><b>Apio a</b></i><i><b>nd our customers</b></i><i><b>.</b></i><i><b> </b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;"><i><b>&nbsp;</b></i></p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">8)</p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">In <font style="font-size:10pt;font-family:Times New Roman, Times, serif;">previous earnings release conference calls, you mentioned that you were transitioning to a new market database. Is that transition complete and what are the updated Apio market share and All Commodity Volume (&ldquo;ACV&rdquo;) numbers?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>To further differentiate Apio, we have </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>been investing</b></i><i><b> in upgrading our market data analytics platform and insight analys</b></i><i><b>is. </b></i><i><b>Apio has completed the transition from Nielsen Perishables Freshfacts data to the Nielsen Answers data and added Nielsen Homescan Panel, which provides consumer scan data and shopper insights for all stores</b></i><i><b>,</b></i><i><b> including Costco. The switch to the new database provides many advantages. First, we </b></i><i><b>now </b></i><i><b>receive data from nearly double</b></i><i><b> the number of retail stores (over 35,000 versus 18,000). Second, we have store-specific product, pricing and promotional data that is available by geography and banner. Finally, Homescan data provides consumer insights and Costco-specific data that we did not have previously. This new platform will provide improved data and shopper insights that will drive more informed product development, pricing and promotional decisions.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>For </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>the </b></i><i><b>52 weeks end</b></i><i><b>ed</b></i><i><b> </b></i><i><b>January 28</b></i><i><b>,</b></i><i><b> 2017</b></i><i><b>, the size of the North American market in which Apio participates (vegetable bags, vegetable trays and salad kits) </b></i><i><b>was</b></i><i><b> approximately </b></i><i><b>$3.2</b></i><i><b> billion in consumer retail dollars including retail and club stores. </b></i><i><b>Of this market, </b></i><i><b>Apio&rsquo;s overall share is approximately 1</b></i><i><b>6</b></i><i><b>%</b></i><i><b> while </b></i><i><b>Apio&rsquo;s Eat Smart salad kits have a market share of approximately </b></i><i><b>1</b></i><i><b>2</b></i><i><b>%</b></i><i><b>. In </b></i><i><b>the </b></i><i><b>Canadian retail</b></i><i><b> market</b></i><i><b>, Eat Smart salad kits enjoy a </b></i><i><b>4</b></i><i><b>3</b></i><i><b>%</b></i><i><b> share while in </b></i><i><b>the </b></i><i><b>U</b></i><i><b>.</b></i><i><b>S</b></i><i><b>.</b></i><i><b> retail</b></i><i><b> market</b></i><i><b>, Eat Smart salads have a share of approximately </b></i><i><b>3%</b></i><i><b>, presenting a large growth opportunity for Eat Smart salad kits in the U</b></i><i><b>.</b></i><i><b>S.</b></i><i><b> retail market.</b></i><i><b> Notably, our strategic efforts in the U.S. retail market are making traction</b></i><i><b> in our targeted top tier customers</b></i><i><b>, demonstrated by </b></i><i><b>the </b></i><i><b>Nielsen </b></i><i><b>data for the </b></i><i><b>nine months ended February 26, 2017 showing that the </b></i><i><b>U.S. </b></i><i><b>salad kit category growth</b></i><i><b> </b></i><i><b>in consumer dollars</b></i><i><b>, excluding Costco,</b></i><i><b> was 18% while the comparable growth for Eat Smart salad kits</b></i><i><b> during the same period was 48%.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>Apio</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>&rsquo;s</b></i><i><b> North American ACV statistics differed to a slightly larger extent </b></i><i><b>from the old platform </b></i><i><b>(between 100 and 1000 basis points depending on the product segment or geography), primarily due to the large increase in the number of retail stores being included in the new database. ACV is also not tracked for some categories. </b></i><i><b>For the 52 week</b></i><i><b>s</b></i><i><b> end</b></i><i><b>ed</b></i><i><b> </b></i><i><b>January 28, </b></i><i><b>2017</b></i><i><b>, </b></i><i><b>in U.S. </b></i><i><b>retail the ACV for</b></i><i><b> </b></i><i><b>Eat Smart salad kit</b></i><i><b>s</b></i><i><b> </b></i><i><b>was</b></i><i><b> approximately </b></i><i><b>20</b></i><i><b>%</b></i><i><b> while </b></i><i><b>the ACV for </b></i><i><b>total Eat Smart bran</b></i><i><b>ded packaged fresh vegetables </b></i><i><b>was</b></i><i><b> approximately </b></i><i><b>3</b></i><i><b>3</b></i><i><b>%</b></i><i><b>. In </b></i><i><b>Canadian retail</b></i><i><b>,</b></i><i><b> </b></i><i><b>the </b></i><i><b>ACV for Eat Smart salad kits was</b></i><i><b> </b></i><i><b>8</b></i><i><b>2</b></i><i><b>%</b></i><i><b>.</b></i><i><b> </b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>Our goal is to continue to grow the Eat Smart market share </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>and ACV </b></i><i><b>of salad kits in the U</b></i><i><b>.</b></i><i><b>S</b></i><i><b>.</b></i><i><b>, specifically with major U</b></i><i><b>.</b></i><i><b>S</b></i><i><b>.</b></i><i><b> customers. We intend to share our new analytics and insights with those strategic customers who choose Apio as their innovation partner to drive growth and profitability for both partners.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">9<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">)</font></p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><font style="font-size:10pt;font-family:Times New Roman, Times, serif;">What impact have the record rains in California had on produce sourcing?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:9pt;"><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>Although the rains did not have a significant impact on our third quarter results</b></i><i><b>,</b></i><i><b> they </b></i><i><b>are expected to have a</b></i><i><b> negative impact our fourth quarter results. The heavy rains throughout most of January and February significantly impact</b></i><i><b>ed</b></i><i><b> our growers&rsquo; ability to plant </b></i><i><b>cro</b></i><i><b>p</b></i><i><b>s </b></i><i><b>that would be scheduled to </b></i><i><b>be </b></i><i><b>harvest</b></i><i><b>ed</b></i><i><b> in the April/May timeframe. As a result, we </b></i><i><b>expect to </b></i><i><b>experience produce shortages and excess costs to source produce during our fiscal fourth quarter resulting in our revised lower guidance for fiscal 2017.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;"><i><b>&nbsp;</b></i></p>

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			<td style="width:27pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">10<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">)</font></p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><font style="font-size:10pt;font-family:Times New Roman, Times, serif;">What is the status of Windset&rsquo;s expansion plans and the permitting issues?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:9pt;"><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>Windset </b></i><i><b>is nearing</b></i><i><b> complet</b></i><i><b>ion</b></i><i><b> of a </b></i><i><b>new ten</b></i><i><b>-acre facility</b></i><i><b> </b></i><i><b>on land Windset owns in the City of Santa Maria using a new type of greenhouse structure that Windset intends</b></i><i><b> to use to grow strawberries on a small commercial scale. They have also started construction on a new 30-acre glass greenhouse, which is also on land they own in the City of Santa Maria, where they currently intend to grow peppers and/or cucumbers.</b></i><i><b>&nbsp;</b></i><i><b>This project has been delayed several months due to the heavy rains this winter in California.</b></i><i><b> </b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>Windset expects that it will begin commercially harvesting </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>strawberries this spring</b></i><i><b> and peppers this </b></i><i><b>fall</b></i><i><b>.</b></i><i><b> </b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>As a result of Apio</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b> and </b></i><i><b>Windset </b></i><i><b>agreeing to extend </b></i><i><b>their</b></i><i><b> agreement at least five more years, Windset will be able to accelerate its expansion </b></i><i><b>plans </b></i><i><b>as the extension expands its borrowing capacity. Windset </b></i></font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>plan</b></i><i><b>s</b></i><i><b> to develop the land holdings </b></i><i><b>it has</b></i><i><b> acqui</b></i><i><b>red in recent years adjacent to its</b></i><i><b> current facility in Santa Maria</b></i><i><b>.</b></i><i><b> </b></i><i><b>T</b></i><i><b>hose plans are in the early</b></i><i><b> development</b></i><i><b> </b></i><i><b>stage</b></i><i><b>s</b></i><i><b> and </b></i><i><b>with its recent debt refinancing now completed, </b></i><i><b>and </b></i><i><b>after the current 30-acre greenhouse is completed in June or July 2017, Windset </b></i><i><b>should be in a position </b></i><i><b>to start the next phase of expansions</b></i><i><b>.</b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>Windset is still working with the County of Santa Barbara on</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b> permitting </b></i><i><b>for </b></i><i><b>land it is leasing in the County for the construction of greenhouses using its new type of greenhouse structures</b></i><i><b> but does not expect approval for at least </b></i><i><b>a year</b></i><i><b>.</b></i><i><b> </b></i></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;">&nbsp;</p>

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			<td style="width:27pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">11<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">)</font></p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><font style="font-size:10pt;font-family:Times New Roman, Times, serif;">What are Landec&rsquo;s top priorities for the next 12 to 24 months?</font></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-27pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>Ou<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">r continuing priorities are:</font></b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b> </b></i></font></p>

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			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(a)</b></i></p>
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			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Shift</b></i><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b>ing our product mix to high</b></i><i><b>er </b></i><i><b>margin products at both Apio and </b></i><i><b>Lifecore while advancing the CDMO strategy at </b></i><i><b>Lifecore</b></i></font><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b>.</b></i></font></p>
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			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(b)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Increasing demand for both our packaged vegetable products and our biomaterials products to fill the a<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">dditional capacity added in fiscal 2016.</font></b></i></p>
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			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(c)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Developing i</b></i><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b>nnovati</b></i><i><b>ve</b></i><i><b> new salad </b></i><i><b>products </b></i><i><b>to broaden and strengthen our </b></i><i><b>offerings.</b></i></font></p>
			</td>
		</tr>

</table>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB29" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(d)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Expanding our retail presence in the U.S. through gaining new customers and increasing distribution with existing customers.</b></i><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b> </b></i></font></p>
			</td>
		</tr>

</table>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB30" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(e)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Increas<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">ing return on invested capital by maximizing returns on each capital allocation decision.</font></b></i></p>
			</td>
		</tr>

</table>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB31" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(f)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Working with the O Olive Oil team to significantly increase the sales of </b></i><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b>its</b></i><i><b> line of olive oils and vinegar products while utilizing operating synergies to </b></i><i><b>achieve an even higher rate of profitability. </b></i></font></p>
			</td>
		</tr>

</table>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB32" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(g)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Focusing on evaluating the natural food product segment to identify areas where Landec can enter through new product development and/or strategic acquisitions or investments.</b></i></p>
			</td>
		</tr>

</table>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB33" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(h)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Execut</b></i><font style="font-size:10pt;font-family:Times New Roman, Times, serif;"><i><b>ing </b></i><i><b>on </b></i><i><b>our Lifecore programs with </b></i><i><b>existing</b></i><i><b> customers and </b></i><i><b>securing new partnerships utilizing our CDMO strategy.</b></i><i><b> </b></i></font></p>
			</td>
		</tr>

</table>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB34" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;">&nbsp;</td>
			<td style="width:18pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>(i)</b></i></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><i><b>Supporting Windset in its expansion plans to build new hydroponic controlled atmosphere structures using new growing methods for new crops.</b></i></p>
			</td>
		</tr>

</table>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<div id="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div id="PGNUM" style="text-align: center; width: 100%">6</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div id="PGHDR" style="text-align: left; width: 100%">&nbsp;</div>
</div>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB35" style="width:100%;font-family:Times New Roman, Times, serif;font-size:10pt;">

		<tr>
			<td style="width:27pt;vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;">12<font style="font-size:10pt;font-family:Times New Roman, Times, serif;">)</font></p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman, Times, serif;margin-right:0pt;margin-top:0pt;text-align:left;margin-bottom:0pt;font-size:10pt;"><font style="font-size:10pt;font-family:Times New Roman, Times, serif;">How do the results by line of business for the three and nine months ended February 26, 2017 compare with the same periods last year?</font></p>
			</td>
		</tr>

</table>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:31.5pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>The results are as follows (unaudited and in thousands and <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">for comparability excludes the impact from the GreenLine trademark impairment charge in fiscal 2016):</font></b></i></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><i><b>&nbsp;</b></i></p>

<table align="center" border="0" cellpadding="0" cellspacing="0" id="TBL36" style="width: 1467px; text-indent: 0px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">

		<tr>
			<td style="vertical-align: top; width: 908px;">&nbsp;</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i><b>Three months ended 2/26/17</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i><b>Three months ended 2/28/16</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i><b>Nine months ended 2/26/17</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i><b>Nine months ended 2/28/16</b></i></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i><b>Revenues:</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i><b>Apio Packaged Fresh Vegetables </b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>(a)</b></i></font></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;105,447</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">$<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;107,348</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">299,370</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;318,218</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Apio Export </b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">7,276</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6,389</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;56,316</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50,873</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Total Apio</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">112,723</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">113,737</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">355,686</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">369,091</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Lifecore</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">23,532</p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">15,701</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">47,795</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">34,748</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Corporate (b)</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">313<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">552<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,346</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,947</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Total Revenues</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">136,568<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">129,990<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">404,827</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">405,786</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Gross Profit:</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Apio Packaged Fresh Vegetables </b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">10,<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">114</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">4,334</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">36,<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">522</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">27,565</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Apio Export</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">558</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">521</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">3,436</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">3,200</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Total Apio</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">10,6<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">72</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">4,855</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">39,9<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">58</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">30,765</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Lifecore</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">12,5<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">81</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">7,618</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">22,<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">640</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">15,713</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Corporate</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">17<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">9&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">458<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">93<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">1</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,695</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 4.5pt; text-indent: -4.5pt;"><i><b>Total Gross Profit</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">23,432<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">12,931<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">63,529</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">48,173</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>R&amp;D:</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Apio</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">339<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">272<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">862</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">731</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Lifecore</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,3<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">62</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,217</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">4,02<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">7</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">3,529</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Corporate</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">31<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">3&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">406<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,0<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">28</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,153</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Total R&amp;D</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">2,014<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,895<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">5,917</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">5,413</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>S,G&amp;A</b></i><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><i><b>:</b></i></font></p>
			</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Apio </b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">12,527<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">7,021<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">31,876</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23,866</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Lifecore</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,362</p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">1,271</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,072</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">3,841</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Corporate</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">3,200<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">2,367<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">8,601</p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">7,931</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Total S,G&amp;A</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">17,089<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">10,659<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44,549</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">35,638</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Other (c):</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Apio</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">1,204</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20)</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;51</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Lifecore</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&mdash;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57)</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(12)</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(96)</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Corporate</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(2,033) </font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">) </font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;(4,964)</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,789<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Total Other</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(829)</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106)</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;(4,925)</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,032)</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Net Income (Loss):</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 139px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
			<td style="vertical-align: top; width: 132px; text-align: right;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Apio</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;(990)&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,458)<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;7,271</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7,021</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Lifecore</b></i></p>
			</td>
			<td style="vertical-align: top; width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">9,857</font></p>
			</td>
			<td style="vertical-align: top; width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,073</p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">14,529</font></p>
			</td>
			<td style="vertical-align: top; width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8,247</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;"><i><b>Corporate</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(5,367)</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,344<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">)</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(13,662)</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-left: 0pt; margin-top: 0pt; text-align: right;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10,178<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">)</font></p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="vertical-align: top; width: 908px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 4.5pt; text-indent: -4.5pt;"><i><b>Net Income</b></i></p>
			</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 144px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 1.35pt 0pt 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;3,500&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 139px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 1.35pt 0pt 0pt; text-align: right;">$ <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;271&nbsp;</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 2.25pt 0pt 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">8,138</font></p>
			</td>
			<td style="vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); width: 132px;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 2.25pt 0pt 0pt; text-align: right;">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5,090</p>
			</td>
		</tr>

</table>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:13.5pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-13.5pt;"><b><i>&nbsp;</i></b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:40.5pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-13.5pt;"><b><i>a) Apio<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&rsquo;s packaged fresh</font></i></b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b><i> vegetable</i></b><b><i>s</i></b><b><i> business includes revenu</i></b><b><i>es and </i></b><b><i>gross profit</i></b><b><i> from Apio Cooling LP.</i></b><b><i> and Apio Packaging.</i></b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:27pt;margin-right:0pt;margin-top:0pt;text-align:left;"><b><i>b) Included in Corporate</i></b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b><i> </i></b><b><i>are</i></b><b><i> the </i></b><b><i>non-Apio and non-Lifecore</i></b><b><i> </i></b><b><i>royalties and profit sharing</i></b><b><i>.</i></b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:40.5pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-13.5pt;"><b><i>c</i></b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b><i>) Included in Other </i></b><b><i>are</i></b><b><i> </i></b><b><i>other operating income/(expense), </i></b><b><i>net interest incom</i></b><b><i>e/(expense), dividend income, change in the FMV of Windset, non-operating income/(expense) and income tax expense.</i></b></font></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:40.5pt;margin-right:0pt;margin-top:0pt;text-align:left;text-indent:-13.5pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 40.5pt; text-indent: -13.5pt; text-align: center;"><b>7</b></p>

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