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Goodwill and Intangible Assets (Tables)

12 Months Ended

May 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes of Goodwill

The following table presents the changes in goodwill during fiscal 2020 and fiscal 2019 (in thousands):

			2020						2019
Balance at beginning of year			$	76,742					$	54,510
Acquisition of Yucatan Foods (Note 2)			—						22,232
Yucatan Foods measurement period adjustment			504						—
Impairment			(7,860)						—
Balance at end of year			$	69,386					$	76,742

Schedule of Indefinite-Lived Intangible Assets

As of May 31, 2020 and May 26, 2019, the Company's intangible assets consisted of the following (in thousands):

									May 31, 2020																		May 26, 2019
			Amortization Period (years)						Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
Customer relationships
Eat Smart (Curation Foods)			12						$	7,500					$	4,663					$	7,500					$	4,087
O (Curation Foods)			13						—						—						700						143
Yucatan Foods (Curation Foods)			11						11,000						1,650						11,000						550
Lifecore			12						3,700						3,110						3,700						2,801
Total customer relationships									$	22,200					$	9,423					$	22,900					$	7,581
Trademarks/tradenames
Eat Smart (Curation Foods)									$	9,100					$	872					$	9,100					$	872
O (Curation Foods)									500						—						1,600						—
Yucatan Foods (Curation Foods)									12,400						—						15,900						—
Lifecore									4,200						—						4,200						—
Total trademarks/tradenames									$	26,200					$	872					$	30,800					$	872
Total intangible assets									$	48,400					10,295						$	53,700					$	8,453

Schedule of Finite-Lived Intangible Assets

As of May 31, 2020 and May 26, 2019, the Company's intangible assets consisted of the following (in thousands):

									May 31, 2020																		May 26, 2019
			Amortization Period (years)						Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
Customer relationships
Eat Smart (Curation Foods)			12						$	7,500					$	4,663					$	7,500					$	4,087
O (Curation Foods)			13						—						—						700						143
Yucatan Foods (Curation Foods)			11						11,000						1,650						11,000						550
Lifecore			12						3,700						3,110						3,700						2,801
Total customer relationships									$	22,200					$	9,423					$	22,900					$	7,581
Trademarks/tradenames
Eat Smart (Curation Foods)									$	9,100					$	872					$	9,100					$	872
O (Curation Foods)									500						—						1,600						—
Yucatan Foods (Curation Foods)									12,400						—						15,900						—
Lifecore									4,200						—						4,200						—
Total trademarks/tradenames									$	26,200					$	872					$	30,800					$	872
Total intangible assets									$	48,400					10,295						$	53,700					$	8,453

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