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Organization, Basis of Presentation, and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
May 30, 2021
Accounting Policies [Abstract]  
Comprehensive Income (Loss) The components of AOCL, net of tax, are as follows (in thousands):
 AOCL
Balance as of May 31, 2020$(2,808)
Other comprehensive loss before reclassifications, net of tax effect(344)
Amounts reclassified from OCI1,794 
Other comprehensive (loss) income, net1,450 
Balance as of May 30, 2021$(1,358)
Summary of Allowance for Sales Returns and Doubtful Accounts
The changes in the Company’s allowance for sales returns and credit losses are summarized in the following table (in thousands):
 Balance at
beginning of
period		Adjustments resulting from acquisitionsProvision (benefit) for expected credit lossesWrite offs,
net of
recoveries		Balance at
end of period
Year Ended May 26, 2019$302 $881 $421 $(588)$1,016 
Year Ended May 31, 2020$1,016 $— $(284)$(294)$438 
Year Ended May 30, 2021$438 $— $418 $(577)$279 
Disaggregation of Revenue
The Company disaggregates its revenue by segment based on how it markets its products and services and reviews results of operations. The following tables disaggregate segment revenue by major product lines and services (in thousands):

Year Ended
Curation Foods:May 30, 2021May 31, 2020May 26, 2019
Fresh packaged salads and vegetables$380,205 $438,083 $453,182 
Avocado products63,575 62,194 27,322 
Technology2,294 4,256 1,182 
Total$446,074 $504,533 $481,686 

Year Ended
Lifecore:May 30, 2021May 31, 2020May 26, 2019
Contract development and manufacturing organization
$75,297 $64,781 $54,439 
Fermentation22,790 21,052 21,434 
Total$98,087 $85,833 $75,873 
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows (in thousands):
 May 30, 2021May 31, 2020May 26, 2019
Cash and cash equivalents$1,295 $360 $1,080 
Restricted cash— 193 385 
Cash, cash equivalents and restricted cash$1,295 $553 $1,465 
Schedule of Restricted Cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows (in thousands):
 May 30, 2021May 31, 2020May 26, 2019
Cash and cash equivalents$1,295 $360 $1,080 
Restricted cash— 193 385 
Cash, cash equivalents and restricted cash$1,295 $553 $1,465 
Schedule of Inventory, Current As of May 30, 2021 and May 31, 2020, inventories consisted of the following (in thousands):
 Year Ended
 May 30, 2021May 31, 2020
Finished goods$39,493 $35,177 
Raw materials23,942 25,856 
Work in progress6,228 5,278 
Total inventories$69,663 $66,311 
Schedule of Diluted Net Income per Share
The following table sets forth the computation of diluted net (loss) income per share:
 Year Ended
(in thousands, except per share amounts)May 30, 2021May 31, 2020May 26, 2019
Numerator:   
Net (loss) income$(32,665)$(38,191)$411 
Denominator:   
Weighted average shares for basic net (loss) income per share29,294 29,162 28,359 
Effect of dilutive securities:   
Stock options and restricted stock units— — 248 
Weighted average shares for diluted net (loss) income per share29,294 29,162 28,607 
Diluted net (loss) income per share$(1.12)$(1.31)$0.01 
Schedule of Effect of Significant Unobservable Inputs for Investment
In determining the fair value of the Company's investment in Windset, the Company utilizes the following significant unobservable inputs in the discounted cash flow models:
 May 30, 2021 Range (Weighted Average)May 31, 2020 Range (Weighted Average)
Revenue growth rates
7% (6.9)%
6% to 7% (6.4)%
Expense growth rates
0% to 8% (5.5)%
6% to 8% (6.6)%
Discount rates10%12%
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets The discounted cash flow valuation model used by the Company has the following sensitivity to changes in inputs and assumptions (in thousands):
 Impact on value of
Windset investment as
of May 30, 2021
10% increase in revenue growth rates$6,000 
10% increase in expense growth rates$(3,200)
10% increase in discount rates$(1,300)
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the fair value of the Company’s assets and liabilities that are measured at fair value on a recurring and non-recurring basis (in thousands):
 Fair Value at May 30, 2021Fair Value at May 31, 2020
Assets:Level 1Level 2Level 3Level 1Level 2Level 3
Assets held for sale - nonrecurring$— $— $515 $— $— $2,607 
Investment in non-public company— — 45,100 — — 56,900 
Total assets$— $— $45,615 $— $— $59,507 
Liabilities:
Interest rate swap contracts$— $1,736 $— $— $3,578 $— 
Total liabilities$— $1,736 $— $— $3,578 $— 
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table reflects the fair value roll forward reconciliation of Level 3 assets and liabilities measured at fair value for the twelve months ended May 30, 2021 (in thousands):
Windset Investment
Balance as of May 31, 2020$56,900 
Fair value change(11,800)
Balance as of May 30, 2021$45,100