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v3.8.0.1

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Parent [Member] | Noncontrolling Interest [Member] | Total
--- | --- | --- | --- | --- | --- | --- | ---
Balance (in shares) at May. 25, 2014 |  | 26,815 |  |  |  |  |  |  |
Balance at May. 25, 2014 |  | $ 27 | $ 131,488 | $ 71,554 |  | $ 203,069 | $ 1,692 |  |
Issuance of common stock by Landec on behalf of employees (in shares) |  | 103 |  |  |  |  |  |  |
Issuance of common stock by Landec on behalf of employees |  |  | 122 |  |  | 122 |  |  |
Issuance of common stock for vested restricted stock units (“RSUs”) (in shares) |  | 72 |  |  |  |  |  |  |
Taxes paid by Company for stock swaps and RSUs |  |  | (343) |  |  | (343) |  |  |
Stock-based compensation |  |  | 1,577 |  |  | 1,577 |  |  |
Tax benefit from stock-based compensation expense |  |  | 463 |  |  | 463 |  |  |
Payments to non-controlling interest (“NCI”) |  |  |  |  |  |  | (196) |  |
Net and comprehensive income |  |  |  | 13,544 |  | 13,544 | 181 | $ 13,544 |
Balance (in shares) at May. 31, 2015 |  | 26,990 |  |  |  |  |  |  |
Balance at May. 31, 2015 |  | $ 27 | 133,307 | 85,098 |  | 218,432 | 1,677 |  |
Net income | [1] |  |  |  |  |  |  | 13,725 |
Other comprehensive income, net of tax |  |  |  |  |  |  |  |  |
Issuance of common stock by Landec on behalf of employees (in shares) |  | 125 |  |  |  |  |  |  |
Issuance of common stock by Landec on behalf of employees |  |  | 322 |  |  | 322 |  |  |
Issuance of common stock for vested restricted stock units (“RSUs”) (in shares) |  | 33 |  |  |  |  |  |  |
Stock-based compensation |  |  | 3,465 |  |  | 3,465 |  |  |
Tax benefit from stock-based compensation expense |  |  | 150 |  |  | 150 |  |  |
Payments to non-controlling interest (“NCI”) |  |  |  |  |  |  | (248) |  |
Net and comprehensive income |  |  |  | (11,641) |  | (11,641) | 193 | (11,641) |
Balance (in shares) at May. 29, 2016 |  | 27,148 |  |  |  |  |  |  |
Balance at May. 29, 2016 |  | $ 27 | 137,244 | 73,457 |  | 210,728 | 1,622 | 212,350 | [2]
Net income | [1] |  |  |  |  |  |  | (11,448) |
Other comprehensive income, net of tax |  |  |  |  |  |  |  |  |
Issuance of common stock by Landec on behalf of employees (in shares) |  | 244 |  |  |  |  |  |  |
Issuance of common stock by Landec on behalf of employees |  |  | 706 |  |  | 706 |  |  |
Issuance of common stock for vested restricted stock units (“RSUs”) (in shares) |  | 107 |  |  |  |  |  |  |
Taxes paid by Company for stock swaps and RSUs |  |  | (434) |  |  | (434) |  |  |
Stock-based compensation |  |  | 3,964 |  |  | 3,964 |  |  |
Payments to non-controlling interest (“NCI”) |  |  |  |  |  |  | (166) |  |
Net and comprehensive income |  |  |  |  |  |  |  | 11,022 |
Balance (in shares) at May. 28, 2017 |  | 27,499 |  |  |  |  |  |  |
Balance at May. 28, 2017 |  | $ 27 | 141,680 | 84,470 | 432 | 226,609 | 1,543 | 228,152 |
Net income |  |  |  | 10,590 |  | 10,590 | 87 | 10,677 |
Other comprehensive income, net of tax |  |  |  |  | 432 | 432 |  | $ 432 |
Cumulative Effect of New Accounting Principle in Period of Adoption | [3] |  | $ 200 | $ 423 |  | $ 623 |  |  |
[1] | See Note 1 - Organization, Basis of Presentation, and Summary of Significant Accounting Policies for a discussion of accounting principles adopted during the period.
[2] | Derived from audited financial statements. See Note 1 - Organization, Basis of Presentation, and Summary of Significant Accounting Policies for discussion of accounting guidance adopted during the period.
[3] | See Note 1 - Organization, Basis of Presentation, and Summary of Significant Accounting Policies for a discussion of accounting guidance adopted during the period.

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