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Debt (Tables) | 12 Months Ended
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May 25, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | The following table presents the components of debt:
| May 25, 2025 |  | May 26, 2024
Debt principal: |  |  |
Term loan credit facility with related party | $ | 173,508 |  |  | $ | 157,313 |
Revolving credit facility | 2,500 |  |  | 19,691 |
Leaseback liability with related party | 6,377 |  |  | 7,150 |
Finance lease liability | 5,965 |  |  | 3,385 |
Debt principal | 188,350 |  |  | 187,539 |
Unamortized debt discount on term loan credit facility with related party | (57,914) |  |  | (62,871) |
Total debt, net of discounts | $ | 130,436 |  |  | $ | 124,668 |
Classification on consolidated balance sheet: |  |  |
Accrued expenses and other current liabilities | $ | 3,437 |  |  | $ | 943 |
Debt, net of current portion | 5,801 |  |  | 22,906 |
Debt, net of current portion, related party | 121,198 |  |  | 100,819 |
Total debt, net of discounts | $ | 130,436 |  |  | $ | 124,668 |
The following table presents the classification of interest in the consolidated financial statements:
|  |  | Year ended
|  |  |  |  | May 25, 2025 |  | May 26, 2024
Expensed in statement of operations |  |  |  |  | 21,835 |  |  | 18,090 |
Capitalized to property, plant and equipment |  |  |  |  | 3,049 |  |  | 3,150 |
Total interest incurred |  |  |  |  | $ | 24,884 |  |  | $ | 21,240 |
Schedule of Maturities of Long-term Debt | The following table presents future minimum principal payments:
Fiscal year: |
2026 | $ | 3,437 |
2027 | 967 |
2028 | 1,001 |
2029 | 174,546 |
2030 | 1,052 |
Thereafter | 7,347 |
Debt principal | $ | 188,350 |
Schedule of Line of Credit Facilities Average Borrowings and Interest Rates | The following table presents average borrowings and interest rates for the periods presented:
|  |  | Year ended
|  |  |  |  | May 25, 2025 |  | May 26, 2024
Average borrowings |  |  |  |  | $ | 9,643 |  |  | $ | 18,971 |
Weighted average interest rate |  |  |  |  | 9.04 | % |  | 9.75 | %

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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