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Goodwill and Intangible Assets | 12 Months Ended
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May 26, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill Goodwill was $13.9 million as of both May 26, 2024 and May 28, 2023. There were no changes in goodwill during fiscal years 2024 and 2023. We have determined that Lifecore is the appropriate reporting unit for testing goodwill for impairment. Intangible Assets As of May 26, 2024 and May 28, 2023, the Company's intangible assets consisted of the following (in thousands):
|  |  | May 26, 2024 |  | May 28, 2023
| Amortization Period (years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Customer relationships | 12 |  | $ | 3,700 |  |  | $ | 3,700 |  |  | $ | 3,700 |  |  | $ | 3,700 |
Trademarks/tradenames |  |  | 4,200 |  |  | — |  |  | 4,200 |  |  | — |
Total intangible assets |  |  | $ | 7,900 |  |  | 3,700 |  |  | $ | 7,900 |  |  | $ | 3,700 |
Amortization expense related to finite-lived intangible assets was $0.3 million for fiscal year 2022. As the finite-lived intangible assets were fully amortized as of May 29, 2022, there was no amortization expense during fiscal years 2023 and 2024 and there is no future amortization expense.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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