XML 31 R19.htm IDEA: XBRL DOCUMENT

Restructuring Activities	6 Months Ended
Restructuring Activities	Nov. 23, 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 “2023 U.S. Restructuring Plan”) intended to reduce costs and streamline operations. The 2023 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 2023 U.S. Restructuring Plan, which were recorded in selling, general and administrative expenses in its Consolidated Statements of Operations. The 2023 U.S. Restructuring Plan was substantially completed as of the year ended May 25, 2024. Restructuring costs were $0.3 million for both the three and six months ended November 23, 2024 and $2.3 million for both the three and six months ended November 25, 2023. The restructuring liability was zero and $0.8 million as of November 23, 2024 and May 25, 2024, respectively. As described in Note 15 – Subsequent Events below, on December 2, 2024, the Company authorized a global reduction in its management and administrative workforce to enhance operational efficiency and reduce costs.