Lease Obligations |
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| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lease Obligations | 7. 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 May 30, 2026 and May 31, 2025 were as follows (in thousands):
The components of lease costs for fiscal 2026, fiscal 2025 and fiscal 2024 were as follows (in thousands):
Future maturities of operating lease liabilities for the next five fiscal years are as follows (in thousands):
The weighted average remaining lease terms and interest rates of leases held by the Company as of May 30, 2026 and May 31, 2025 were as follows:
The cash activities associated with our leases for fiscal 2026, fiscal 2025 and fiscal 2024 were as follows (in thousands):
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