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Lease Obligations and Other Commitments (Tables)

12 Months Ended

May 27, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Gross Amount Assets and Liabilities Related to Operating and Financing Leases

The gross amounts of assets and liabilities related to both operating and financing leases at May 27, 2023 and May 28, 2022 were as follows (in thousands):


Lease Type		May 27, 2023				May 28, 2022
Operating lease ROU asset		$	2,457			$	3,024
Financing lease ROU asset			—				215
Total Lease ROU asset		$	2,457			$	3,239

Operating lease liability current		$	1,028			$	1,109
Financing lease liability current			—				—
Total lease liability current		$	1,028			$	1,109

Operating lease liability non-current		$	1,429			$	1,915
Financing lease liability non-current			—				—
Total lease liability non-current		$	1,429			$	1,915

Components of Lease Costs

The components of lease costs for fiscal 2023 and fiscal 2022 were as follows (in thousands):


Lease Type		Classification		Fiscal Year Ended May 27, 2023				Fiscal Year Ended May 28, 2022
Consolidated operating lease expense		Operating expenses		$	1,721			$	1,781

Consolidated financing lease amortization		Operating expenses			—				92
Consolidated financing lease interest		Interest expense			—				3
Consolidated financing lease expense					—				95

Net lease cost				$	1,721			$	1,876

Schedule of Future Minimum Lease Payments under Operating Leases

Our future lease commitments for minimum rentals, including common area maintenance charges and property taxes during the next five years are as follows (in thousands):


Fiscal Year		Operating Leases
2024		$	1,147
2025			827
2026			453
2027			113
2028			23
Thereafter			12
Total lease payments			2,575
Lease inputted interest			118
Net minimum lease payments		$	2,457

Schedule of Weighted Average Remaining Lease Terms and Interest Rates of Leases

The weighted average remaining lease terms and interest rates of leases held by the Company as of May 27, 2023 were as follows:


Lease Type		Weighted Average Remaining Lease Term in Years		Weighted Average Interest Rate
Operating leases		2.6		4.0%

Schedule of Cash Outflows of Leasing Activity

The cash outflows of the leasing activity of the Company as lessee for fiscal 2023 and fiscal 2022 were as follows (in thousands):


				Fiscal Year Ended
Cash Flow Source		Classification		May 27, 2023				May 28, 2022
Operating cash flows from operating leases		Operating activities		$	566			$	747
Operating cash flows from financing leases		Operating activities			—				148
Finance cash flows from financing leases		Financing activities			—				151