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Goodwill and Intangible Assets (Tables)

12 Months Ended

May 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Changes of Goodwill

The following table presents the changes in goodwill during fiscal 2021 and fiscal 2020 (in thousands):

			2021						2020
Balance at beginning of year			$	69,386					$	76,742
Yucatan Foods measurement period adjustment			—						504
Impairment			—						(7,860)
Balance at end of year			$	69,386					$	69,386

Schedule of Indefinite-Lived Intangible Assets

As of May 30, 2021 and May 31, 2020, the Company's intangible assets consisted of the following (in thousands):

									May 30, 2021												May 31, 2020
			Amortization Period (years)						Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
Customer relationships
Eat Smart (Curation Foods)			13						$	7,500					$	5,240					$	7,500					$	4,663
Yucatan Foods (Curation Foods)			12						11,000						2,750						11,000						1,650
Lifecore			12						3,700						3,418						3,700						3,110
Total customer relationships									$	22,200					$	11,408					$	22,200					$	9,423
Trademarks/tradenames
Eat Smart (Curation Foods)									$	9,100					$	872					$	9,100					$	872
O (Curation Foods)									500						—						500						—
Yucatan Foods (Curation Foods)									12,400						—						12,400						—
Lifecore									4,200						—						4,200						—
Total trademarks/tradenames									$	26,200					$	872					$	26,200					$	872
Total intangible assets									$	48,400					12,280						$	48,400					$	10,295

Schedule of Finite-Lived Intangible Assets

As of May 30, 2021 and May 31, 2020, the Company's intangible assets consisted of the following (in thousands):

									May 30, 2021												May 31, 2020
			Amortization Period (years)						Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
Customer relationships
Eat Smart (Curation Foods)			13						$	7,500					$	5,240					$	7,500					$	4,663
Yucatan Foods (Curation Foods)			12						11,000						2,750						11,000						1,650
Lifecore			12						3,700						3,418						3,700						3,110
Total customer relationships									$	22,200					$	11,408					$	22,200					$	9,423
Trademarks/tradenames
Eat Smart (Curation Foods)									$	9,100					$	872					$	9,100					$	872
O (Curation Foods)									500						—						500						—
Yucatan Foods (Curation Foods)									12,400						—						12,400						—
Lifecore									4,200						—						4,200						—
Total trademarks/tradenames									$	26,200					$	872					$	26,200					$	872
Total intangible assets									$	48,400					12,280						$	48,400					$	10,295

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The amortization expense for each year presented are as follows (in thousands):

Fiscal year 2022			$	1,959
Fiscal year 2023			1,677
Fiscal year 2024			1,677
Fiscal year 2025			1,629
Fiscal year 2026			1,100
Total			$	8,042

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