XML 34 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
RELATED PARTY TRANSACTION
6 Months Ended
Dec. 02, 2017
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTION

13. Related Party Transaction

 

On June 15, 2015, the Company entered into a lease agreement for the IMES facility with LDL, LLC. The Executive Vice President of IMES, Lee A. McIntyre III (former owner of IMES), has an ownership interest in LDL, LLC. The lease agreement provides for monthly payments over five years with total future minimum lease payments of $0.4 million. Rental expense related to this lease amounted to $0.1 million for the six months ended December 2, 2017 and for the six months ended November 26, 2016. The Company shall be entitled to extend the term of the lease for a period of an additional five years by notifying the landlord in writing of its intention to do so within nine months of the expiration of the initial term.