v3.24.2
Property and Equipment
12 Months Ended
May 25, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consist of the following (in thousands):
As of
May 25, 2024
As of
May 27, 2023
Building and land$— $14,309 
Computers, equipment and software8,303 15,444 
Leasehold improvements10,719 12,900 
Furniture4,417 7,579 
Property and equipment, gross$23,439 $50,232 
Less: accumulated depreciation and amortization(19,676)(34,852)
Property and equipment, net$3,763 $15,380 
On February 24, 2024, the Company determined the asset groups associated with the corporate office in Irvine, California met the criteria of held for sale. As a result, the Company transferred such asset groups previously used in operations to assets held for sale in its Consolidated Balance Sheet as of May 25, 2024. See Note 4 - Assets and Liabilities Held for Sale for more information.