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Accounts Receivable
6 Months Ended
Nov. 24, 2024
Receivables [Abstract]  
Accounts Receivable Accounts Receivable
Accounts receivable balances are as follows:
November 24, 2024May 26, 2024
Accounts receivable$30,864 $31,864 
Less: Allowance for credit losses(561)(711)
Accounts receivable, less allowance for credit losses$30,303 $31,153 
Gross receivable by bill type are as follows:
November 24, 2024May 26, 2024
Billed $25,166 $27,795 
Unbilled 5,698 4,069 
Accounts receivable$30,864 $31,864 
Three of the Company’s customers had accounts receivable concentrations of 10% or greater as of November 24, 2024, accounting for 33%, 19% and 13% of accounts receivable. Two of the Company’s customers had accounts receivable concentrations of 10% or greater as of May 26, 2024, accounting for 34% and 18%.
Changes in the allowance for credit losses related to accounts receivable are as follows:
Six Months Ended
November 24, 2024November 26, 2023
Beginning balance$711 $485 
Provision (Reduction)(150)37 
Charge-offs— (14)
Ending Balance$561 $508 
The Company’s accounts receivable serves as part of the collateral for certain of the Company’s debt arrangements. Refer to Note 10 – Long-term Debt for additional discussion on the Company’s debt arrangements and related collateral.