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Restructuring Costs
 6 Months Ended
Nov. 24, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Costs Restructuring Costs
During fiscal year 2020, the Company commenced a multi-year restructuring plan to improve profitability and to redesign the organization to focus on strategic assets so that it could compete and thrive as a standalone public CDMO business. We expect to finish incurring expenses under this plan by the end of fiscal year 2025. Types of costs associated with this plan include: (i) employee termination costs, as a result of multiple reductions-in-force; and (ii) other costs related to the sale of non-strategic assets, including contract termination costs and asset write-offs. These costs are included within selling, general, and administrative costs on the consolidated statements of operations.
The following table presents the restructuring expenses incurred during the period:
Three Months EndedSix Months Ended
November 24, 2024November 26, 2023November 24, 2024November 26, 2023
Employee termination costs$396 $157 $835 $139 
Other costs8 — 52 8 
Total restructuring costs$404 $157 $887 $147 
The following table presents a reconciliation of the beginning and ending restructuring liability balances:
Employee termination costsOther costsTotal
Balance as of May 26, 2024$217 $4,554 $4,771 
Expense835 52 887 
Payments(725)(58)(783)
Balance as of November 24, 2024$327 $4,548 $4,875 
The following table presents actual and expected expenses incurred or to be incurred under the plan:
Incurred through November 24, 2024Expected remaining costs to be incurredTotal expected costs
Employee termination costs$5,168 $513 $5,681 
Other costs13,438 — 13,438 
Asset write-off costs not included in the restructuring liability13,893 — 13,893 
Total restructuring costs$32,499 $513 $33,012