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Business Segment Reporting
 12 Months Ended
May 30, 2021
Segment Reporting [Abstract]  
Business Segment Reporting Business Segment Reporting
The Company operates using three strategic reportable business segments, aligned with how the Chief Executive Officer, who is the chief operating decision maker (“CODM”), manages the business: the Curation Foods segment, the Lifecore segment, and the Other segment.
The Curation Foods business includes (i) four natural food brands, including Eat Smart, O Olive Oil & Vinegar, Yucatan Foods, and Cabo Fresh, (ii) BreatheWay® activities, and (iii) activity related to our 26.9% investment in Windset. The Curation Foods segment includes activities to market and pack specialty packaged whole and fresh-cut fruit and vegetables, the majority of which incorporate the BreatheWay specialty packaging for the retail grocery, club store and food services industry and are sold primarily under the Eat Smart brand and various private labels. The Curation Foods segment also includes sales of BreatheWay packaging to partners for fruit and vegetable products, sales of olive oils and wine vinegars under the O brand, sales of avocado products under the brands Yucatan Foods and Cabo Fresh, and activity related to our previously held investment in Windset.
The Lifecore segment sells products utilizing hyaluronan, a naturally occurring polysaccharide that is widely distributed in the extracellular matrix of connective tissues in both animals and humans, and non-HA products for medical use primarily in the Ophthalmic, Orthopedic and other markets.
The Other segment includes corporate general and administrative expenses, non-Curation Foods and non-Lifecore interest income and income tax expenses. Corporate overhead is allocated between segments based on actual utilization and relative size.
All of the Company's assets are located within the United States of America except for the production facility in Mexico, which was acquired by the Company as a result of the Yucatan Foods acquisition. The following table presents our property and equipment, net by geographic region (in millions):
 Year Ended
Property and equipment, netMay 30, 2021May 31, 2020
United States$167.7 $179.1 
Mexico11.9 13.2 
Total property and equipment, net$179.6 $192.3 
The Company’s international sales by geography are based on the billing address of the customer and were as follows (in millions):
 Year Ended
 May 30, 2021May 31, 2020May 26, 2019
Canada$60.9 $76.4 $83.6 
Belgium$13.7 $13.8 $15.1 
Switzerland$4.7 $1.7 $1.2 
Czech Republic$3.5 $1.4 $0.0 
Ireland$2.0 $4.0 $5.0 
All Other Countries$5.1 $4.7 $3.9 
Operations by segment consisted of the following (in thousands): 
Year Ended May 30, 2021Curation FoodsLifecoreOtherTotal
Product sales$446,074 $98,087 $— $544,161 
Gross profit43,209 38,265 — 81,474 
Net income (loss) from continuing operations(28,241)14,461 (18,885)(32,665)
Identifiable assets197,660 185,417 119,847 502,924 
Depreciation and amortization12,410 5,502 96 18,008 
Capital expenditures7,547 16,222 — 23,769 
Dividend income1,125 — — 1,125 
Interest income— — 48 48 
Interest expense, net(5,502)— (9,842)(15,344)
Income tax (benefit) expense(8,918)4,568 (3,451)(7,801)
Corporate overhead allocation5,734 4,773 (10,507)— 
Year Ended May 31, 2020    
Product sales$504,533 $85,833 $— $590,366 
Gross profit42,105 32,883 — 74,988 
Net income (loss) from continuing operations(39,088)11,749 (10,852)(38,191)
Identifiable assets249,217 165,461 126,635 541,313 
Depreciation and amortization13,240 5,008 96 18,344 
Capital expenditures15,944 10,612 130 26,686 
Dividend income1,125 — — 1,125 
Interest income37 — 66 103 
Interest expense, net5,504 — 4,099 9,603 
Income tax (benefit) expense(13,028)3,346 (3,434)(13,116)
Corporate overhead allocation5,908 4,190 (10,098)— 
Year Ended May 26, 2019    
Product sales$481,686 $75,873 $— $557,559 
Gross profit49,305 31,698 — 81,003 
Net income (loss) from continuing operations(6,229)12,070 (3,719)2,122 
Identifiable assets367,352 145,558 6,181 519,091 
Depreciation and amortization10,360 4,140 730 15,230 
Capital expenditures30,583 12,965 1,186 44,734 
Dividend income1,650 — — 1,650 
Interest income112 — 33 145 
Interest expense, net3,278 — 1,952 5,230 
Income tax (benefit) expense(1,373)4,024 (1,133)1,518 
Corporate overhead allocation5,837 3,901 (9,738)—