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Discontinued Operations (Tables) | 12 Months Ended
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May 26, 2024
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Disposal Groups, Including Discontinued Operations | The key components of income (loss) from discontinued operations for the fiscal years ended May 26, 2024, May 28, 2023, and May 29, 2022 were as follows (in thousands):
| Year Ended
| May 26, 2024 |  | May 28, 2023 |  | May 29, 2022
Revenues | $ | — |  |  | $ | 49,988 |  |  | $ | 261,311 |
Cost of goods sold | — |  |  | 51,175 |  |  | 248,670 |
Gross profit | — |  |  | (1,187) |  |  | 12,641 |
Operating costs and expenses: |  |  |  |  |
Research and development | — |  |  | 220 |  |  | 2,441 |
Selling, general and administrative | — |  |  | 10,143 |  |  | 24,423 |
Impairment of goodwill and long-lived and indefinite-lived assets | — |  |  | 1,300 |  |  | 78,146 |
Legal settlement charge | — |  |  | 407 |  |  | — |
Loss on Sale of Eat Smart | — |  |  | — |  |  | 336 |
Loss on Sale of Yucatan | — |  |  | 20,663 |  |  | — |
Loss on Sale of O Olive | — |  |  | 319 |  |  | — |
Restructuring costs | — |  |  | 1,255 |  |  | 6,542 |
Total operating costs and expenses | — |  |  | 34,307 |  |  | 111,888 |
Operating loss | — |  |  | (35,494) |  |  | (99,247) |
Interest expenses (1) | — |  |  | — |  |  | (2,682) |
Other income (expense), net | 2,700 |  |  | 167 |  |  | — |
Income (loss) from discontinued operations before taxes | 2,700 |  |  | (35,327) |  |  | (101,929) |
Income tax benefit | (18) |  |  | — |  |  | 690 |
Income (loss) from discontinued operations, net of tax | $ | 2,682 |  |  | $ | (35,327) |  |  | $ | (101,239) |
(1)The Company does not allocate general corporate interest expense to discontinued operations. The amount shown for the year ended May 29, 2022 related to debt held specifically by discontinued operations. The key components of cash flows from discontinued operations for the fiscal years ended May 28, 2023, and May 29, 2022 were as follows (in thousands):
| Year Ended
| May 28, 2023 |  | May 29, 2022
Cash provided by (used in) operating activities | $ | 12 |  |  | $ | (13,600) |
Cash (used in) provided by investing activities | $ | (42) |  |  | $ | 105,300 |
Depreciation and amortization expense | $ | 400 |  |  | $ | 7,628 |
Capital expenditures | $ | (42) |  |  | $ | (4,467) |

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