XML 23 R15.htm IDEA: XBRL DOCUMENT v3.25.2

Lease Obligations

3 Months Ended

Aug. 30, 2025

Commitments and Contingencies Disclosure [Abstract]

Lease Obligations

6. LEASE OBLIGATIONS

The Company leases real and personal property in the normal course of business under various operating leases. The Company uses operating leases for facility space and automobiles. Most of the leased facility space is for sales and general office use. Automobile leases are used throughout the Company. Several leases include renewal clauses which vary in length and may not include specific rent renewal amounts. The Company will revise the value of the right of use assets and associated lease liabilities upon a remeasurement event.

The gross amounts of assets and liabilities related to operating leases on August 30, 2025 and May 31, 2025 were as follows (in thousands):

Lease Type		August 30, 2025				May 31, 2025
Right of use lease assets		$	2,026			$	2,276
Lease liabilities current			1,167				1,171
Lease liabilities non-current			859				1,105

The components of lease costs were as follows (in thousands):

				Three Months Ended
				August 30, 2025				August 31, 2024
Consolidated operating lease expense		Operating expenses		$	399			$	435

The approximate future minimum lease payments under operating leases at August 30, 2025 were as follows (in thousands):

Fiscal Year		Operating Leases
Remaining 2026		$	947
2027			709
2028			310
2029			167
Total lease payments			2,133
Less imputed interest			107
Net minimum lease payments		$	2,026

The weighted average remaining lease terms and interest rates of leases held by the Company as of August 30, 2025 and August 31, 2024 were as follows:

Operating Lease as of:		Weighted Average Remaining Lease Term in Years		Weighted Average Interest Rate
August 30, 2025		2.2		5.3%
August 31, 2024		2.7		4.6%

The cash activities associated with our leases for the three month periods ended August 30, 2025 and August 31, 2024 were as follows (in thousands):

				Three Months Ended
Cash Flow Source		Classification		August 30, 2025				August 31, 2024
Operating cash flows from operating leases		Operating activities		$	333			$	353

X

- References

No definition available.

+ Details

Name:	us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

+ Details

Name:	us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration