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Income Taxes (Tables)
 12 Months Ended
May 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Current and Deferred Income Tax Provision for Federal, State and Foreign Income Taxes Attributable to Operations
The following table represents the current and deferred income tax expense (benefit) for federal, state and foreign income taxes attributable to operations (in thousands):
For the Years Ended
May 31,
2025		May 25,
2024		May 27,
2023
Current:
Federal$51 $3,245 $19,317 
State(387)1,422 6,323 
Foreign2,296 3,596 2,945 
1,960 8,263 28,585 
Deferred:
Federal(6,540)935 (6,613)
State(1,793)273 (1,357)
Foreign2,078 (676)(2,356)
(6,255)532 (10,326)
Income tax expense (benefit)$(4,295)$8,795 $18,259 
Schedule of Income before Provision for Income Taxes
Income (loss) before income tax expense (benefit) is as follows (in thousands):
For the Years Ended
May 31,
2025		May 25,
2024		May 27,
2023
Domestic$(181,733)$23,084 $60,835 
Foreign(14,342)6,745 11,783 
Income (loss) before income tax expense (benefit)$(196,075)$29,829 $72,618 
Schedule of Effective Income Tax Rate Reconciliation
The income tax expense (benefit) differs from the amount that would result from applying the federal statutory rate as follows:
For the Years Ended
May 31,
2025		May 25,
2024		May 27,
2023
Statutory tax rate21.0 %21.0 %21.0 %
State taxes, net of federal benefit1.0 4.6 5.6 
Non-U.S. rate adjustments(0.3)2.8 1.4 
Stock-based compensation(0.6)2.2 (0.1)
Valuation allowance(8.6)5.8 (1.7)
U.S. international tax impact, net of credits
(0.3)0.9 0.4 
Contingent consideration
- (3.1)- 
Section 986(c) foreign exchange loss
- (1.3)- 
Capital loss carryforward
- (6.2)- 
Goodwill impairment
(9.8)- - 
Permanent items(0.2)2.5 0.3 
Return-to-provision & other adjustments0.1 (0.5)(1.6)
Other, net(0.1)0.8 (0.2)
Effective tax rate2.2 %29.5 %25.1 %
Schedule of the Components of Net Deferred Tax Asset (Liability)
The components of the net deferred tax asset (liability) consist of the following (in thousands):
As of
May 31,
2025		As of
May 25,
2024
Deferred tax assets:
Allowance for credit losses$369 $482 
Accrued compensation3,583 4,089 
Accrued expenses1,215 970 
Lease liability6,684 3,345 
Stock options and restricted stock2,770 3,870 
Foreign tax credit 345 477 
Net operating losses19,632 17,714 
Capital loss carryforwards
1,606 2,343 
State taxes- 113 
Property and equipment520 782 
Goodwill and intangibles
7,700 - 
Gross deferred tax asset44,424 34,185 
Valuation allowance(29,402)(8,550)
Gross deferred tax asset, net of valuation allowance15,022 25,635 
Deferred tax liabilities:
ROU asset(5,834)(2,911)
Outside basis difference - Sweden investment- (262)
Goodwill and intangibles- (19,830)
Net deferred tax asset$9,188 $2,632 
Summary of Net Operating Loss Expiration Periods The following table summarizes the foreign net operating losses expiration periods (in thousands):
Expiration PeriodsAmount of Net Operating Losses
Fiscal Years Ending:
2026$1 
2027 and beyond2,113 
Unlimited74,019 
Total$76,133 
Summary of Activity in Valuation Allowance
The following table summarizes the activity in the Company’s valuation allowance accounts (in thousands):
Beginning
Balance		Charged to
Operations		Currency
Rate
Changes		Ending
Balance
Years Ended:
May 27, 2023$8,249 $(1,343)$(392)$6,514 
May 25, 2024$6,514 $1,964 $72 $8,550 
May 31, 2025$8,550 $20,450 $402 $29,402 
Schedule of Unrecognized Tax Benefits Roll Forward
The following table summarizes the activity related to the gross unrecognized tax benefits (in thousands):
For the Years Ended
May 31,
2025		May 25,
2024		May 27,
2023
Unrecognized tax benefits, beginning of year$1,033 $962 $908 
Gross increases-tax positions in prior period82 71 54 
Unrecognized tax benefits, end of year$1,115 $1,033 $962