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Fair Value of Financial Instruments (Tables)
 12 Months Ended
May 31, 2014
Fair Value Disclosures [Abstract]  
Schedule of Fair Value by Balance Sheet Grouping
The carrying value and fair value of the company's long-term debt, including current maturities, is as follows for the periods indicated:
(In millions)
 
May 31, 2014
 
June 1, 2013
Carrying value
 
$
250.0

 
$
250.0

Fair value
 
$
279.2

 
$
283.5
Schedule of Fair Value Assets and Liabilities Measured on a Recurring and Nonrecurring Basis
The following tables set forth financial assets and liabilities measured at fair value in the Consolidated Balance Sheets and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy as of May 31, 2014 and June 1, 2013:
(In millions)
Fair Value Measurements
 
May 31, 2014
 
June 1, 2013


Financial Assets
Quoted Prices With Other Observable Inputs
(Level 2)
 
Quoted Prices With Other Observable Inputs
(Level 2)
Available-for-sale marketable securities:
 
 
 
Asset-backed securities
$
0.4

 
$
0.8

Corporate debt securities
1.2

 
1.7

Government obligations
7.9

 
5.1

Mortgage-backed securities
1.6

 
3.2

Foreign currency forward contracts
0.2

 
0.3

Deferred compensation plan
6.3

 
4.8

Total
$
17.6

 
$
15.9

 
 
 
 
Financial Liabilities
 
 
 
Foreign currency forward contracts
$
0.1

 
$
0.3

Total
$
0.1

 
$
0.3
Schedule of Unrealized Gain (Loss) on Investments
The following is a summary of the carrying and market values of the company's marketable securities as of the dates indicated:
 
 
May 31, 2014
(In millions)
 
Cost
 
Unrealized Gain
 
Unrealized Loss
 
Market Value
Asset-backed securities
 
$
0.4

 
$
—

 
$
—

 
$
0.4

Corporate debt securities
 
1.2

 
—

 
—

 
1.2

Government obligations
 
7.9

 
—

 
—

 
7.9

Mortgage-backed securities
 
1.6

 
—

 
—

 
1.6

Total
 
$
11.1

 
$
—

 
$
—

 
$
11.1

 
 
 
 
 
 
 
 
 
 
 
June 1, 2013
(In millions)
 
Cost
 
Unrealized Gain
 
Unrealized Loss
 
Market Value

Asset-backed securities
 
$
0.8

 
$
—

 
$
—

 
$
0.8

Corporate debt securities
 
1.7

 
—

 
—

 
1.7

Government obligations
 
5.1

 
—

 
—

 
5.1

Mortgage-backed securities
 
3.2

 
—

 
—

 
3.2

Total
 
$
10.8

 
$
—

 
$
—

 
$
10.8
Schedule of Debt Securities Maturities
Maturities of debt securities included in marketable securities as of May 31, 2014, are as follows:
(In millions)
 
Cost
 
Market
Value
Due within one year
 
$
2.9

 
$
2.9

Due after one year through five years
 
8.1

 
8.1

Due after five years
 
0.1

 
0.1

Total
 
$
11.1

 
$
11.1