Investment in Unconsolidated Entities (Tables)

12 Months Ended

May 30, 2020

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Summary of Condensed Consolidated Financial Information for Unconsolidated Joint Ventures

The condensed consolidated financial information for the Company's unconsolidated joint ventures was as follows (in thousands):

	For the fiscal year ended
	May 30, 2020		June 1, 2019		June 2, 2018
Net sales	$	188,922	$	112,396	$	107,705
Net income	1,064		9,490		7,071
Total assets	113,513		128,470		134,056
Total liabilities	4,655		7,600		5,859
Total equity	108,858		120,870		128,197

Schedule of Transactions With Unconsolidated Affiliates

The following relates to the Company’s transactions with these unconsolidated affiliates (in thousands):  

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	For the fiscal year ended
	May 30, 2020		June 1, 2019		June 2, 2018
Sales to unconsolidated entities	$	54,559	$	58,093	$	59,295
Purchases from unconsolidated entities	71,475		81,685		81,043
Dividends from unconsolidated entities	7,106		8,300		4,664

	May 30, 2020	June 1, 2019
Accounts receivable from unconsolidated entities	4,935	$	4,307
Accounts payable to unconsolidated entities	5,706	3,324