v3.25.2
Valuation and Qualifying Accounts (Tables)
 12 Months Ended
May 31, 2025
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule of Valuation and Qualifying Accounts Disclosure

The following table presents the valuation and qualifying account activity for fiscal years ended May 31, 2025, June 1, 2024 and May 27, 2023 (in thousands):

 

Description

 

Balance at
beginning
of period

 

 

Charged to
expense

 

 

 

Deductions

 

 

 

Balance at
end
of period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended May 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for credit losses

 

$

323

 

 

$

84

 

(1)

 

$

(157

)

(2)

 

$

250

 

Inventory provisions

 

 

5,975

 

 

 

1,970

 

(3)

 

 

(344

)

(4)

 

 

7,601

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended June 1, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for credit losses

 

$

191

 

 

$

144

 

(1)

 

$

(12

)

(2)

 

$

323

 

Inventory provisions

 

 

5,868

 

 

 

606

 

(3)

 

 

(499

)

(4)

 

 

5,975

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended May 27, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for credit losses

 

$

186

 

 

$

50

 

(1)

 

$

(45

)

(2)

 

$

191

 

Inventory provisions

 

 

6,060

 

 

 

466

 

(3)

 

 

(658

)

(4)

 

 

5,868

 

Notes:

(1)
Provision for credit losses.
(2)
Uncollectible amounts written off, net of recoveries and foreign currency translation.
(3)
Charges to cost of sales. Included in fiscal 2025 were inventory write-downs of $1.5 million for Healthcare, $0.4 million for PMT and $0.1 million for Canvys.
(4)
Inventory disposed or sold, net of foreign currency translation.