v3.26.1
Disposal of Healthcare Assets and Other Charges (Tables)
 12 Months Ended
May 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Disposal Loss of Healthcare Assets and Other Charges

A summary of the $4.2 million cumulative loss, recorded in fiscal 2026 and fiscal 2025, on the disposal of healthcare assets and related charges is shown in the following table (in thousands):

Proceeds from IMES sale attributable to disposal of healthcare assets fiscal 2025

 

$

6,827

 

Assets sold:

 

 

 

Accounts receivable

 

 

1,004

 

Inventories, net

 

 

7,123

 

Property, plant and equipment, net

 

 

264

 

Intangible assets, net

 

 

1,117

 

Transaction related costs

 

 

448

 

Loss on disposal of healthcare assets

 

 

(3,129

)

Other charges:

 

 

 

Loss on write-down of healthcare related inventory not disposed of

 

 

1,420

 

Impairment of property, plant and equipment, net to satisfy ALTA CT Supply Agreement

 

 

525

 

Total loss recorded in fiscal 2025

 

 

(5,074

)

Gain on sale of assets recorded in fiscal 2026

 

 

847

 

Cumulative loss

 

$

(4,227

)