XML 32 R30.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Fair Value Measurements (Tables) | 3 Months Ended
--- | ---
Aug. 29, 2015
Fair Value Disclosures [Abstract] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis | The following tables set forth financial assets and liabilities measured at fair value in the Condensed Consolidated Balance Sheets and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy as of August 29, 2015 and May 30, 2015.
(In millions) | Fair Value Measurements
| August 29, 2015 |  | May 30, 2015
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 | $ | 0.2 |  |  | $ | 0.2 |
Corporate securities | 0.6 |  |  | 0.6 |
Government obligations | 4.4 |  |  | 4.4 |
Mortgage-backed securities | 0.5 |  |  | 0.5 |
Foreign currency forward contracts | 0.6 |  |  | 0.7 |
Deferred compensation plan | 8.0 |  |  | 7.9 |
Total | $ | 14.3 |  |  | $ | 14.3 |
Financial Liabilities |  |  |
Foreign currency forward contracts | $ | 0.6 |  |  | $ | 0.2 |
Total | $ | 0.6 |  |  | $ | 0.2 |
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 respective dates.
| August 29, 2015
(In millions) | Cost |  | Unrealized Gain |  | Unrealized Loss |  | Market Value
Asset-backed securities | $ | 0.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.2 |
Corporate securities | 0.6 |  |  | — |  |  | — |  |  | 0.6 |
Government obligations | 4.4 |  |  | — |  |  | — |  |  | 4.4 |
Mortgage-backed securities | 0.5 |  |  | — |  |  | — |  |  | 0.5 |
Total | $ | 5.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 5.7 |
| May 30, 2015
(In millions) | Cost |  | Unrealized Gain |  | Unrealized Loss |  | Market Value
Asset-backed securities | $ | 0.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.2 |
Corporate securities | 0.6 |  |  | — |  |  | — |  |  | 0.6 |
Government obligations | 4.4 |  |  | — |  |  | — |  |  | 4.4 |
Mortgage-backed securities | 0.5 |  |  | — |  |  | — |  |  | 0.5 |
Total | $ | 5.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 5.7 |
Investments Classified by Contractual Maturity Date | Maturities of debt securities included in marketable securities as of August 29, 2015, are as follows.
(In millions) | Cost |  | Fair Value
Due within one year | $ | 4.1 |  |  | $ | 4.1 |
Due after one year through five years | 1.5 |  |  | 1.5 |
Due after five years through ten years | — |  |  | — |
Due after more than ten years | 0.1 |  |  | 0.1 |
Total | $ | 5.7 |  |  | $ | 5.7 |

X
- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a,b,bb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=36462937&loc=SL7498348-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration