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Leases
 9 Months Ended
Feb. 22, 2025
Lessee Disclosure [Abstract]  
Leases Leases
The Company currently leases office space, vehicles and certain equipment under operating leases through fiscal 2035. Lease cost components included within selling, general and administrative expenses in the Consolidated Statements of Operations were as follows (in thousands):
 Three Months EndedNine Months Ended
February 22, 2025February 24, 2024February 22,
2025		February 24,
2024
Operating lease cost
$1,788 $1,829 $5,240 $5,545 
Short-term lease cost49 52 249 154 
Variable lease cost301 380 1,047 1,188 
Sublease income (1)
(174)(220)(532)(551)
Total lease cost$1,964 $2,041 $6,004 $6,336 
(1)Sublease income does not include rental income received from owned property, which is not material.

Following the sale of the building in Irvine, California, on August 1, 2024, the Company entered into a lease agreement for an office space in Irvine. The lease commenced on November 1, 2024 and has an expiration date of July 31, 2032. See Note 5 – Assets Held for Sale for further discussion. The average annual rent for the lease term will be $0.7
million. On December 20, 2023, the Company entered into a lease agreement for an office space in New York that commenced on July 1, 2024 with an expiration date of July 31, 2034. The annual fixed rent for the first five years and the last five years are $1.2 million and $1.3 million, respectively.
The weighted-average lease term and weighted-average discount rate for operating leases as of February 22, 2025 and May 25, 2024 are presented in the following table:
As of
February 22, 2025		As of
May 25, 2024
Weighted-average remaining lease term6.4 years3.5 years
Weighted-average discount rate5.10%4.37%
Cash flow and other noncash information related to operating leases is included in the following table (in thousands):
 Three Months EndedNine Months Ended
 February 22, 2025February 24, 2024February 22,
2025		February 24,
2024
Cash paid for amounts included in the measurement of operating lease liabilities$1,769 $2,106 $5,215 $6,435 
Right-of-use assets obtained in exchange for new operating lease obligations$180 $338 $16,054 $3,258 
Future maturities of operating lease liabilities as of February 22, 2025 are presented in the following table (in thousands):
Fiscal Years:Operating Lease Maturity
2025 (remaining three months)$1,723 
20266,147 
20274,870 
20284,484 
20293,638 
Thereafter10,624 
Total future lease payments31,486 
Less: interest(4,933)
Present value of operating lease liabilities$26,553