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Goodwill and Intangible Assets (Tables)
3 Months Ended
Aug. 24, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Activity in Goodwill Balance
The following table summarizes the activity in the Company’s goodwill balance. The balance as of May 25, 2024 was recast to reflect the impact of the preceding segment change (in thousands):
 On-Demand Talent Consulting
Europe & Asia Pacific
Outsourced Services
 All Other Total
Balance as of May 25, 2024$69,154 $90,478 $28,349 $28,598 $$216,579 
Acquisition (see Note 4)6,653 6,653 
Goodwill Impairment
(3,855)$(3,855)
Impact of foreign currency exchange rate changes588 588 
Balance as of August 24, 2024$69,154 $97,131 $25,082 $28,598 $$219,965 
Summary of Intangible Assets and Related Accumulated Amortization
The following table presents details of the Company’s intangible assets, estimated lives and related accumulated amortization (in thousands):
As of August 24, 2024As of May 25, 2024
Estimated
Useful
Life
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer contracts and relationships
7 - 12 years
$39,500$(17,854)$21,646$25,100$(16,858)$8,242
Computer software
1 - 3.5 years
7,870(6,901)9697,870(6,539)1,331
Trade names
1 year
600(102)498---
Non-Compete Agreements
5 years
720(25)695---
Total$48,690$(24,882)$23,808$32,970$(23,397)$9,573
Summary of Future Estimated Amortization Expense
The following table presents future estimated amortization expense based on existing intangible assets (in thousands):
Fiscal Years:
2025 (remaining nine months)$4,399
20264,186
20271,936
20281,632
2029 and thereafter11,655
Total$23,808