Significant Accounting Policies and Disclosures (Tables)
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12 Months Ended |
May 30, 2026 |
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| Accounting Policies [Abstract] |
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| Schedule of Contract Liabilities and Revenue Recognized |
Contract Liabilities: Contract liabilities and revenue recognized were as follows for the fiscal years ended May 30, 2026, May 31, 2025 and June 1, 2024 (in thousands):
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May 30, 2026 |
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May 31, 2025 |
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June 1, 2024 |
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Contract liabilities |
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$ |
4,882 |
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|
$ |
4,545 |
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|
$ |
4,520 |
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Revenue recognition in the period from the amounts
included in the contract liability at beginning of the year |
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4,545 |
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4,520 |
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3,283 |
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| Schedule of Property, Plant and Equipment |
Property, plant and equipment consist of the following (in thousands):
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May 30, 2026 |
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May 31, 2025 |
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Land and improvements |
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$ |
2,659 |
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$ |
1,532 |
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Buildings and improvements |
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28,637 |
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28,518 |
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Computer, communications equipment and software |
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10,906 |
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8,895 |
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Machinery and other equipment |
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15,353 |
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14,736 |
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Construction in progress |
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1,958 |
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2,799 |
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$ |
59,513 |
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$ |
56,480 |
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Accumulated depreciation |
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(40,510 |
) |
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(38,125 |
) |
Property, plant, and equipment, net |
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$ |
19,003 |
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$ |
18,355 |
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| Schedule of Property Plant and Equipment Estimated Useful Lives |
Supplemental disclosure information of the estimated useful life of the assets:
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Land improvements |
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10 years |
Buildings and improvements |
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10 - 30 years |
Computer, communications equipment and software |
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3 - 10 years |
Machinery and other equipment |
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3 - 20 years |
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| Schedule of Intangible Assets Subject to Amortization |
Intangible assets subject to amortization were as follows (in thousands):
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May 30, 2026 |
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May 31, 2025 |
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Gross Amounts: |
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Customer Relationships |
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$ |
911 |
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$ |
911 |
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Technology |
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|
150 |
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|
150 |
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Total Gross Amounts |
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$ |
1,061 |
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$ |
1,061 |
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Accumulated Amortization: |
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Customer Relationships |
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$ |
691 |
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$ |
652 |
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Technology |
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|
85 |
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|
64 |
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Total Accumulated Amortization |
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$ |
776 |
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$ |
716 |
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Intangible Assets, Net |
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$ |
285 |
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$ |
345 |
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| Schedule of the Amortization Expense for the Next Five Years |
The amortization expense associated with the intangible assets subject to amortization for the next five years is presented in the following table (in thousands):
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Fiscal Year |
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Amortization
Expense |
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2027 |
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$ |
60 |
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2028 |
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|
59 |
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2029 |
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|
60 |
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2030 |
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|
37 |
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2031 |
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|
37 |
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Thereafter |
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|
32 |
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Total amortization expense |
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$ |
285 |
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| Schedule of Accrued Liabilities |
Accrued liabilities consist of the following (in thousands):
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May 30, 2026 |
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May 31, 2025 |
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Compensation and payroll taxes |
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$ |
5,952 |
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$ |
4,303 |
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Accrued severance |
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|
876 |
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|
593 |
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Professional fees |
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|
736 |
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|
522 |
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Contract liabilities |
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|
4,882 |
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4,545 |
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Other accrued expenses |
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3,543 |
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|
4,313 |
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Accrued Liabilities |
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$ |
15,989 |
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$ |
14,276 |
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| Schedule of Warranty Reserve |
Changes in the warranty reserve during fiscal 2026, fiscal 2025, and fiscal 2024 were as follows (in thousands):
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Warranty
Reserve |
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Balance at May 27, 2023 |
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$ |
725 |
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Accruals for products sold |
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|
2 |
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Utilization |
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(42 |
) |
Balance at June 1, 2024 |
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$ |
685 |
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Accruals for products sold |
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|
202 |
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Utilization |
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(53 |
) |
Balance at May 31, 2025 |
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$ |
834 |
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Accruals for products sold |
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(42 |
) |
Utilization |
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(51 |
) |
Balance at May 30, 2026 |
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$ |
741 |
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