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Business Segment Reporting
 9 Months Ended
Feb. 28, 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 segment includes (i) four natural food brands, including activities to market and pack specialty packaged whole and fresh-cut fruits and vegetables under the Eat Smart or various private labels, sale of premium olive oil and vinegars under the O Olive Oil & Vinegar label, and the sale of avocado products under the Yucatan Foods and Cabo Fresh labels, (ii) BreatheWay® activities, and (iii) activity related to our 26.9% 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 (which includes costs associated with legal claims, including the Tanok compliance matters and related litigation, and Pacific and Rancho litigation matter), non-Curation Foods and non-Lifecore interest expense, 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 its Yucatan production facility located in Mexico.
The Company’s international sales by geography are based on the billing address of the customer and were as follows:

Three Months EndedNine Months Ended
(In millions)February 28, 2021February 23, 2020February 28, 2021February 23, 2020
Canada$14.8 $19.6 $45.6 $58.8 
Belgium6.0 9.3 12.6 12.4 
Czech Republic0.8 2.1 2.5 2.1 
Switzerland1.6 0.3 2.4 1.6 
United Kingdom1.2 0.2 2.4 0.7 
Ireland0.3 — 1.5 1.9 
All Other Countries1.8 0.1 2.7 1.0 
Operations by business segment consisted of the following:

(In thousands)Curation FoodsLifecoreOtherTotal
Three Months Ended February 28, 2021
Net sales$110,557 $27,225 $— $137,782 
Gross profit8,128 11,561 — 19,689 
Net (loss) income(5,615)5,104 (4,987)(5,498)
Depreciation and amortization2,994 1,385 22 4,401 
Dividend income281 — — 281 
Interest income— — 13 13 
Interest expense1,375 — 2,803 4,178 
Income tax (benefit) expense(1,773)1,612 (56)(217)
Corporate overhead allocation1,275 1,102 (2,377)— 
Nine Months Ended February 28, 2021
Net sales$332,080 $72,248 $— $404,328 
Gross profit29,635 27,036 — 56,671 
Net (loss) income(26,268)9,708 (13,239)(29,799)
Depreciation and amortization9,310 4,055 76 13,441 
Dividend income844 — — 844 
Interest income— — 31 31 
Interest expense4,127 — 6,199 10,326 
Income tax (benefit) expense(8,296)3,066 (1,996)(7,226)
Corporate overhead allocation4,533 3,668 (8,201)— 
Three Months Ended February 23, 2020
Net sales$127,482 $25,446 $— $152,928 
Gross profit9,162 10,885 — 20,047 
Net (loss) income(12,636)4,910 (3,792)(11,518)
Depreciation and amortization3,356 1,272 22 4,650 
Dividend income281 — — 281 
Interest income— — 46 46 
Interest expense1,376 — 835 2,211 
Income tax (benefit) expense(4,901)1,467 (1,876)(5,310)
Corporate overhead allocation1,401 1,043 (2,444)— 
Nine Months Ended February 23, 2020
Net sales$373,906 $60,329 $— $434,235 
Gross profit28,874 22,023 — 50,897 
Net (loss) income(23,154)6,974 (6,862)(23,042)
Depreciation and amortization9,704 3,705 69 13,478 
Dividend income843 — — 843 
Interest income31 — 65 96 
Interest expense4,128 — 2,327 6,455 
Income tax (benefit) expense(7,210)1,920 (2,550)(7,840)
Corporate overhead allocation4,510 2,979 (7,489)— 
During the nine months ended February 28, 2021 and February 23, 2020, sales to the Company’s top five customers accounted for 50% and 44% of sales, respectively. The Company’s top two customers, Walmart Stores, Inc. and Costco Wholesale Corporation, from the Curation Foods segment, accounted for 16% and 15%, respectively, of revenues for the nine months ended February 28, 2021, and 18% and 15%, respectively, for the nine months ended February 23, 2020.