XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Restructuring Costs (Tables)

9 Months Ended

Feb. 25, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The following table summarizes the restructuring costs recognized in the Company’s Condensed Consolidated Statements of Operations, excluding discontinued operations, in connection with the previously announced restructuring plan.

			Three Months Ended												Nine Months Ended
(in thousands)			February 25, 2024						February 26, 2023						February 25, 2024						February 26, 2023
Employee severance and benefit costs			$	76					$	2,187					$	215					$	2,282
Lease costs			684						43						700						88
Other restructuring costs			11						336						3						1,806
Total restructuring costs			$	771					$	2,566					$	918					$	4,176

The following table summarizes the restructuring costs recognized in the Company’s Condensed Consolidated Statements of Operations since the inception of the restructuring plan in fiscal year 2020 through February 25, 2024, excluding discontinued operations:

			Total
(in thousands)
Asset write-off costs, net			$	13,893
Employee severance and benefit costs			4,314
Lease costs			4,814
Other restructuring costs			7,853
Total restructuring costs			$	30,874

The following table presents the movement of the restructuring costs liability from May 28, 2023 through February 25, 2024, excluding discontinued operations, within current liabilities in the Condensed Consolidated Balance Sheet:

(in thousands)						May 28, 2023						Expense						Payments						February 25, 2024
Employee severance and benefit costs						$	1,600					$	215					$	(1,300)					$	515
Lease costs						257						700						(128)						829
Other restructuring costs						1,140						3						(923)						220
						$	2,997					$	918					$	(2,351)					$	1,564

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration