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Intangible Assets And Goodwill (Tables)
12 Months Ended
May 30, 2020
Intangible Assets And Goodwill [Abstract]  
Summary Of Intangible Assets And Related Accumulated Amortization



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



As of May 30, 2020

 

As of May 25, 2019

 



 

 

Accumulated

 

 

 

 

 

 

Accumulated

 

 

 



Gross

 

Amortization

 

Net

 

 

Gross

 

Amortization

 

Net

 

Customer contracts and relationships (3-8 years)

$

23,779 

 

$

(6,707)

 

$

17,072 

 

 

$

14,495 

 

$

(3,439)

 

$

11,056 

 

Tradenames (3-10 years)

 

4,960 

 

 

(2,735)

 

 

2,225 

 

 

 

4,407 

 

 

(1,563)

 

 

2,844 

 

Backlog (17 months)

 

1,210 

 

 

(694)

 

 

516 

 

 

 

 -

 

 

 -

 

 

 -

 

Consultant list (3 years)

 

776 

 

 

(718)

 

 

58 

 

 

 

783 

 

 

(462)

 

 

321 

 

Non-compete agreements (3 years)

 

888 

 

 

(821)

 

 

67 

 

 

 

896 

 

 

(528)

 

 

368 

 

Computer software (2 years)

 

185 

 

 

(46)

 

 

139 

 

 

 

 -

 

 

 -

 

 

 -

 

Total

$

31,798 

 

$

(11,721)

 

$

20,077 

 

 

$

20,581 

 

$

(5,992)

 

$

14,589 

 



Schedule Of Intangible Assets Amortization Expense



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

For the Years Ended



 

May 30,

 

May 25,

 

May 26,



 

2020

 

2019

 

2018



 

 

 

 

 

 

 

 

 

Amortization expense

 

$

5,745 

 

$

3,799 

 

$

2,298 



Summary Of Future Estimated Amortization Expense



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Fiscal Years



 

 

2021

 

 

2022

 

 

2023

 

 

2024

 

 

2025

Expected amortization expense

 

$

4,602 

 

$

3,336 

 

$

3,138 

 

$

3,101 

 

$

3,101 



Summary Of Activity In Goodwill Balance



 

 

 

 

 



 

 

 

 

 



For the Years Ended



May 30,

 

May 25,



2020

 

2019

Goodwill, beginning of year

$

190,815 

 

$

191,950 

Acquisitions (see Note 3)

 

23,487 

 

 

 -

Impact of foreign currency exchange rate changes

 

(235)

 

 

(1,135)

Goodwill, end of period

$

214,067 

 

$

190,815