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Property, plant, and equipment, net | 9 Months Ended
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Feb. 23, 2025
Property, Plant and Equipment [Abstract] |
Property, plant, and equipment, net | Property, plant, and equipment, net All property, plant and equipment is located in the United States. Property, plant, and equipment, net, consists of the following:
| February 23, 2025 |  | May 26, 2024
Land and land improvements | $ | 3,739 |  |  | $ | 3,739 |
Buildings and building improvements | 63,732 |  |  | 62,874 |
Machinery and equipment | 61,357 |  |  | 61,013 |
Computer equipment and software | 8,612 |  |  | 8,290 |
Furniture and fixtures | 1,635 |  |  | 1,631 |
Construction in process | 40,196 |  |  | 39,151 |
Idle construction in process | 4,450 |  |  | 22,801 |
Property, plant, and equipment, gross | 183,721 |  |  | 199,499 |
Less: accumulated depreciation and amortization | (55,498) |  |  | (50,334) |
Property, plant, and equipment, net | $ | 128,223 |  |  | $ | 149,165 |
The major components of the construction in process are related to aseptic filler production to significantly increase manufacturing capacity. On January 7, 2025, the Company entered into an agreement for the sale of the Company's previously purchased, but not yet installed, isolator-filler. The aggregate purchase price was $17,000. Lifecore received $7,000 cash and paid fees of $752 at closing. Lifecore also accepted a note for the remainder of the proceeds (see note 4) and recorded current and noncurrent payables of $800 and $200, respectively, for remaining selling fees to be paid to a third-party broker. The sale resulted in a $21,239 reduction in idle construction in process. The Company recorded a loss on the sale of the equipment of $6,400, which is included with other losses of $451 and $495 for the three and nine months ended February 23, 2025, respectively, in loss on sale or disposal of assets, net of portion classified as cost of sales, within the statement of operations. The Company also recognized other losses on disposal of assets of $790 as cost of sales within the statement of operations. Depreciation and amortization expense for property, plant, and equipment for the three months ended February 23, 2025 and February 25, 2024 was $2,076 and $2,006, respectively. Depreciation and amortization expense for property, plant, and equipment for the nine months ended February 23, 2025 and February 25, 2024 was $6,113 and $5,940, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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