XML 85 R72.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 11 - Business Segment Reporting - Operations by Business Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
May 27, 2018
Feb. 25, 2018
Nov. 26, 2017
Aug. 27, 2017
May 28, 2017
Feb. 26, 2017
Nov. 27, 2016
Aug. 28, 2016
May 27, 2018
May 28, 2017
May 29, 2016
Net sales $ 141,076 $ 144,909 $ 122,461 $ 115,781 $ 121,265 $ 129,292 $ 110,164 $ 109,055 $ 524,227 $ 469,776 $ 476,918
Gross profit 24,809 19,806 14,921 18,802 19,120 22,873 17,103 20,116 78,338 79,212 66,781
Net income (loss) from continuing operations 6,711 $ 16,281 $ 414 $ 2,355 2,596 $ 3,591 $ 765 $ 3,183 25,761 10,135 (11,990)
Identifiable assets (2) [1] 404,703       358,608       404,703 358,608 342,653
Depreciation and amortization                 12,412 10,677 9,395
Capital expenditures                 33,590 23,003 39,695
Dividend income                 1,650 1,650 1,650
Interest income                 211 16 71
Interest expense, net                 1,950 1,826 1,987
Income tax (benefit) expense                 (9,363) 4,040 (7,704)
International [Member]                      
Net sales                 102,852 98,855 103,235
Packaged Fresh Vegetables [Member]                      
Net sales                 454,953 408,021 423,859
Gross profit                 49,130 51,148 40,479
Net income (loss) from continuing operations                 17,970 2,641 (32,168)
Identifiable assets (2) [1] 251,500       211,381       251,500 211,381 212,524
Depreciation and amortization                 8,056 7,312 6,648
Capital expenditures                 11,171 11,294 27,533
Dividend income                 1,650 1,650 1,650
Interest income                 93 16 46
Interest expense, net                 1,554 674 1,721
Income tax (benefit) expense                 (9,537) 823 415
Packaged Fresh Vegetables [Member] | International [Member]                      
Net sales                 78,217 69,802 81,242
Biomaterials [Member]                      
Net sales                 65,427 59,392 50,470
Gross profit                 28,568 26,755 24,081
Net income (loss) from continuing operations                 11,631 10,228 9,499
Identifiable assets (2) [1] 129,342       104,492       129,342 104,492 98,986
Depreciation and amortization                 3,679 3,054 2,606
Capital expenditures                 16,454 11,169 12,162
Dividend income                
Interest income                 25
Interest expense, net                 13 266
Income tax (benefit) expense                 2,638 2,938 1,946
Biomaterials [Member] | International [Member]                      
Net sales                 24,468 29,053 21,993
Other Segments [Member]                      
Net sales [2]                 3,847 2,363 2,589
Gross profit [2]                 640 1,309 2,221
Net income (loss) from continuing operations [2]                 (3,840) (2,734) 10,679
Identifiable assets (2) [1] $ 23,861 [2]       $ 42,735 [2]       23,861 [2] 42,735 [2] 31,143
Depreciation and amortization [2]                 677 311 141
Capital expenditures [2]                 5,965 540
Dividend income [2]                
Interest income [2]                 118
Interest expense, net [2]                 396 1,139
Income tax (benefit) expense [2]                 (2,464) 279 (10,065)
Other Segments [Member] | International [Member]                      
Net sales [2]                 $ 167
[1] Assets of discontinued operations are included in Other for the years ended May 27, 2018, May 28, 2017, and May 29, 2016.
[2] The Other segment operating results for the year ended May 27, 2018, May 28, 2017 and May 29, 2016 have been restated to reflect the reclassification of the Food Export segment to discontinued operations.