Credit Facilities and Long-Term Debt (Tables)

12 Months Ended

Jun. 01, 2019

Long-term debt consisted of the following (in thousands except interest rate and installment data):



	June 1, 2019		June 2, 2018
Note payable at 6.20%, due in monthly principal installments of $250,000, plus interest, maturing in fiscal 2020	$	1,500	$	4,500
Note payable at 5.40%, due in monthly principal installments of $125,000, plus interest, matured in fiscal 2019	—		250
Capital lease obligations	1,054		1,340
	2,554		6,090
Less: capitalized loan costs	217		—
Total debt	2,337		6,090
Less: current maturities	1,696		3,536
Long-term debt, less current maturities	$	641	$	2,554

Schedule Of Maturities Of Long-term Debt

The aggregate annual fiscal year maturities of long-term debt at June 1, 2019 are as follows (in thousands):



2020	$	1,696
2021	205
2022	215
2023	224
2024	214
	$	2,554

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details