v3.26.3
Summary of Accounting Policies (Tables)
 3 Months Ended
Aug. 29, 2026
Accounting Policies [Abstract]  
Schedule of Intangible Assets Subject to Amortization Our intangible assets represent the fair value for customer relationships and technology acquired in connection with prior acquisitions. Intangible assets subject to amortization were as follows (in thousands):

 

 

August 29, 2026

 

 

May 30, 2026

 

Gross Amounts:

 

 

 

 

 

 

Customer Relationships

 

$

912

 

 

$

911

 

Technology

 

 

150

 

 

 

150

 

Total Gross Amounts

 

$

1,062

 

 

$

1,061

 

 

 

 

 

 

 

 

Accumulated Amortization:

 

 

 

 

 

 

Customer Relationships

 

$

701

 

 

$

691

 

Technology

 

 

91

 

 

 

85

 

Total Accumulated Amortization

 

$

792

 

 

$

776

 

 

 

 

 

 

 

 

 Intangible Assets, Net

 

$

270

 

 

$

285

 
Schedule of the Amortization Expense for the Next Five Years

The amortization expense associated with intangible assets subject to amortization for the next five years is presented in the following table (in thousands):

Fiscal Year

 

Amortization
Expense

 

Remaining 2027

 

$

45

 

2028

 

 

59

 

2029

 

 

60

 

2030

 

 

37

 

2031

 

 

37

 

Thereafter

 

 

32

 

     Total amortization expense

 

$

270

 
Schedule of Accrued Liabilities Accrued liabilities consisted of the following (in thousands):

 

 

August 29, 2026

 

 

May 30, 2026

 

Compensation and payroll taxes

 

$

4,817

 

 

$

5,952

 

Accrued severance

 

 

730

 

 

 

876

 

Professional fees

 

 

771

 

 

 

736

 

Contract liabilities

 

 

5,055

 

 

 

4,882

 

Other accrued expenses

 

 

3,565

 

 

 

3,543

 

Accrued Liabilities

 

$

14,938

 

 

$

15,989

 
Schedule of Contract Balances

Contract Balances: Contract balances were as follows (in thousands):

 

 

August 29, 2026

 

 

May 30, 2026

 

 

May 31, 2025

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

$

34,939

 

 

$

33,162

 

 

$

24,117

 

 

 

 

 

 

 

 

 

 

 

Contract liabilities

 

 

5,055

 

 

 

4,882

 

 

 

4,545