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Discontinued Operations
12 Months Ended
May 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations Discontinued Operations
Now Planting and Food Export
During the fourth quarter of fiscal year 2019, the Company discontinued its Now Planting business, which resided in its Curation Foods segment. During the fourth quarter of fiscal year 2018, the Company discontinued its Food Export business segment. As a result, the Company met the requirements to report the results of Now Planting and Food Export as discontinued operations and to classify any assets and liabilities as held for abandonment.
The carrying amounts of the major classes of assets and liabilities of Now Planting and Food Export business segment included in assets and liabilities of discontinued operations are as follows (in thousands):
 Year Ended
 May 31, 2020May 26, 2019
Current and other assets, discontinued operations:  
Cash and cash equivalents$—  $—  
Accounts receivable—  —  
Inventory—  —  
Other assets—  —  
Total assets, discontinued operations$—  $—  
Other current liabilities, discontinued operations:  
Accounts payable$—  $51  
Accrued expenses and other current liabilities—  14  
Total other current liabilities, discontinued operations$—  $65  
Once Now Planting and Food Export businesses were discontinued, the operations associated with these businesses qualified for reporting as discontinued operations. Accordingly, the operating results, net of tax, from discontinued operations are presented separately in the Company’s Consolidated Statements of Operations and the Notes to the Consolidated Financial Statements have been adjusted to exclude Now Planting in fiscal year 2019 and Food Export in fiscal year 2018. Components of amounts reflected in (loss) income from discontinued operations, net of tax are as follows (in thousands):
 Year Ended
 May 31, 2020May 26, 2019May 27, 2018
Revenues$—  $548  $29,222  
Cost of sales—  (1,649) (27,619) 
Research and development—  (102) —  
Selling, general and administrative—  (1,035) (2,522) 
Other—  —  (269) 
Loss from discontinued operations before taxes—  (2,238) (1,188) 
Income tax benefit—  527  350  
Loss from discontinued operations, net of tax$—  $(1,711) $(838) 
Cash provided by (used in) operating activities by the Now Planting business totaled $0.0 million, $(1.3) million, and $0.0 million for the fiscal years ended May 31, 2020, May 26, 2019, and May 27, 2018, respectively. Cash provided by (used in) operating activities by the Food Export business totaled $0.0 million, $0.0 million, and $0.6 million for the fiscal years ended May 31, 2020, May 26, 2019, and May 27, 2018, respectively.