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Business Segment Reporting
 6 Months Ended
Nov. 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 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 the Company’s previously held 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 the Company’s 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 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 in Mexico.
The Company’s international sales by geography are based on the billing address of the customer and were as follows:

Three Months EndedSix Months Ended
(In millions)November 28, 2021November 29, 2020November 28, 2021November 29, 2020
Canada$12.4 $13.7 $27.3 $30.2 
Switzerland2.0 0.7 5.4 0.8 
Czech Republic0.8 1.2 1.7 1.7 
Ireland0.7 0.4 0.8 1.2 
Belgium— 2.8 — 6.7 
All Other Countries3.6 0.9 5.2 2.0 
Operations by business segment consisted of the following:
(In thousands)Curation FoodsLifecoreOtherTotal
Three Months Ended November 28, 2021
Net sales$104,546 $24,946 $— $129,492 
Gross profit1,277 11,715 — 12,992 
Net (loss) income(33,239)5,682 (10,884)(38,441)
Depreciation and amortization3,533 1,673 26 5,232 
Interest income— 19 — 19 
Interest expense1,376 — 2,957 4,333 
Income tax (benefit) expense(10,496)1,794 5,878 (2,824)
Corporate overhead allocation1,231 1,078 (2,309)— 
Six Months Ended November 28, 2021
Net sales$211,382 $46,898 $— $258,280 
Gross profit13,032 17,479 — 30,511 
Net (loss) income(35,366)6,262 (18,814)(47,918)
Depreciation and amortization6,724 3,220 52 9,996 
Interest income— 39 7 46 
Interest expense2,752 — 9,498 12,250 
Income tax (benefit) expense(11,176)1,978 4,262 (4,936)
Corporate overhead allocation2,703 2,214 (4,917)— 
Three Months Ended November 29, 2020
Net sales$107,685 $23,219 $— $130,904 
Gross profit10,163 10,474 — 20,637 
Net (loss) income(12,383)4,492 (5,410)(13,301)
Depreciation and amortization2,906 1,360 26 4,292 
Dividend income281 — — 281 
Interest income— — 10 10 
Interest expense1,376 — 1,663 3,039 
Income tax (benefit) expense(3,911)1,419 (208)(2,700)
Corporate overhead allocation1,402 1,162 (2,564)— 
Six Months Ended November 29, 2020
Net sales$221,523 $45,024 $— $266,547 
Gross profit21,507 15,476 — 36,983 
Net (loss) income(20,654)4,604 (8,251)(24,301)
Depreciation and amortization6,316 2,669 54 9,039 
Dividend income563 — — 563 
Interest income— — 18 18 
Interest expense2,751 — 3,396 6,148 
Income tax (benefit) expense(6,523)1,454 (1,940)(7,009)
Corporate overhead allocation3,258 2,565 (5,823)— 

During the six months ended November 28, 2021 and November 29, 2020, sales to the Company’s top five customers accounted for 49% and 49% of sales, respectively. The Company’s top two customers, Costco Wholesale Corporation and
Walmart Stores, Inc., from the Curation Foods segment, accounted for 16% and 15%, respectively, of revenues for the six months ended November 28, 2021, and 18% and 15%, respectively, for the six months ended November 29, 2020.