XML 30 R19.htm IDEA: XBRL DOCUMENT v3.24.3
Restructuring Activities
3 Months Ended
Aug. 24, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Activities Restructuring Activities
During fiscal 2024, the Company initiated a cost reduction plan, including a reduction in force (the “United States (U.S.) Restructuring Plan”) intended to reduce costs and streamline operations. The U.S. Restructuring Plan resulted in a reduction of force of approximately 12% of the Company’s U.S. management and administrative workforce. The Company incurred employee termination costs associated with the U.S. Restructuring Plan, and were recorded in selling, general and administrative expenses in its Consolidated Statements of Operations. The U.S. Restructuring Plan was substantially completed as of the year ended May 25, 2024. Restructuring adjustments were less than $0.1 million for the three months ended August 24, 2024 and zero for three months ended August 26, 2023. The restructuring liability was zero and $0.8 million as of August 24, 2024 and May 25, 2024, respectively.