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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Aug. 29, 2020
Aug. 31, 2019
Operating activities:    
Net loss $ (19,399) $ (45,721)
Depreciation and amortization 14,744 13,620
Impairment loss on property, plant & equipment 0 2,919
Other adjustments, net (10,145) (31,496)
Net cash used in operations (14,800) (60,678)
Investing activities:    
Purchases of investment securities (24,195) (9,108)
Sales and maturities of investment securities 28,231 69,919
Distributions from unconsolidated entities 650 858
Purchases of property, plant and equipment (25,338) (23,670)
Net proceeds from disposal of property, plant and equipment 181 1,383
Net cash provided by (used in) investing activities (20,471) 39,382
Financing activities:    
Purchase of common stock by treasury 0 (11)
Distributions to noncontrolling interests 0 (756)
Principal payments on long-term debt 0 (750)
Principal payments on finance lease (50) (48)
Net cash used in financing activities (50) (1,565)
Net change in cash and cash equivalents (35,321) (22,861)
Cash and cash equivalents at beginning of period 78,130 69,247
Cash and cash equivalents at end of period 42,809 46,386
Supplemental Information:    
Cash paid for operating leases 237 197
Interest paid $ (65) $ (90)