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Shareholders' Equity and Stock-Based Compensation (Tables) | 12 Months Ended
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May 29, 2014
Stockholders Equity And Share Based Compensation Abstract [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The Company estimated the fair value of stock options using the Black-Scholes option pricing model with the following assumptions used for awards granted during fiscal 2014, 2013 and 2012:
|  | Year Ended May 29, 2014 |  | Year Ended May 30, 2013 |  | Year Ended May 31, 2012 |
Risk-free interest rate |  | 1.04 – 2.38% |  | 0.48 – 1.33% |  | 0.96 – 2.69% |
Dividend yield |  | 2.7% |  | 2.8% |  | 2.9% |
Volatility |  | 41 – 49% |  | 49 – 62% |  | 48 – 63% |
Expected life |  | 4 – 9 years |  | 4 – 9 years |  | 4 – 9 years |
Schedule of Share-based Compensation, Stock Options, Activity | A summary of the Company’s stock option activity and related information follows:
|  | May 29, 2014 |  | May 30, 2013 |  | May 31, 2012 |
|  |  |  |  | Weighted- |  |  |  |  | Weighted- |  |  |  |  | Weighted- |
|  |  |  |  | Average |  |  |  |  | Average |  |  |  |  | Average |
|  |  |  |  | Exercise |  |  |  |  | Exercise |  |  |  |  | Exercise |
|  | Options |  | Price |  | Options |  | Price |  | Options |  | Price |
|  | (options in thousands) |
Outstanding at beginning of year |  |  | 1,949 |  | $ | 14.03 |  |  | 2,006 |  | $ | 13.91 |  |  | 1,873 |  | $ | 14.31 |
Granted |  |  | 291 |  |  | 13.16 |  |  | 306 |  |  | 13.12 |  |  | 328 |  |  | 10.00 |
Exercised |  |  | (437) |  |  | 12.81 |  |  | (202) |  |  | 10.82 |  |  | (121) |  |  | 10.61 |
Forfeited |  |  | (237) |  |  | 14.16 |  |  | (161) |  |  | 14.48 |  |  | (74) |  |  | 11.98 |
Outstanding at end of year |  |  | 1,566 |  | $ | 14.06 |  |  | 1,949 |  | $ | 14.03 |  |  | 2,006 |  | $ | 13.91 |
Exercisable at end of year |  |  | 909 |  | $ | 15.29 |  |  | 1,113 |  | $ | 15.47 |  |  | 1,122 |  | $ | 15.13 |
Weighted-average fair value of options granted during year |  |  |  |  | $ | 4.52 |  |  |  |  | $ | 5.20 |  |  |  |  | $ | 3.96 |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range | Additional information related to these options segregated by exercise price range is as follows:
|  | Exercise Price Range |
|  | $8.52 to $12.71 |  | $12.72 to $17.73 |  | $17.74 to $23.37 |
|  | (options in thousands) |
Options outstanding |  |  | 369 |  |  | 970 |  |  | 227 |
Weighted-average exercise price of options outstanding |  | $ | 10.88 |  | $ | 13.90 |  | $ | 20.13 |
Weighted-average remaining contractual life of options outstanding |  |  | 6.6 |  |  | 5.9 |  |  | 2.5 |
Options exercisable |  |  | 172 |  |  | 510 |  |  | 227 |
Weighted-average exercise price of options exercisable |  | $ | 11.11 |  | $ | 14.55 |  | $ | 20.13 |
Schedule of Nonvested Share Activity | A summary of the Company’s non-vested stock activity and related information follows:
|  | May 29, 2014 |  | May 30, 2013 |  | May 31, 2012 |
|  | Shares |  | Weighted- Average Fair Value |  | Shares |  | Weighted- Average Fair Value |  | Shares |  | Weighted- Average Fair Value |
|  | (shares in thousands) |
Outstanding at beginning of year |  |  | 97 |  | $ | 12.92 |  |  | 86 |  | $ | 12.37 |  |  | 94 |  | $ | 14.55 |
Granted |  |  | 37 |  |  | 14.14 |  |  | 28 |  |  | 13.65 |  |  | 24 |  |  | 10.98 |
Vested |  |  | (25) |  |  | 12.01 |  |  | (17) |  |  | 11.36 |  |  | (32) |  |  | 17.57 |
Forfeited |  |  | (11) |  |  | 12.93 |  |  | – |  |  | – |  |  | – |  |  | – |
Outstanding at end of year |  |  | 98 |  | $ | 13.61 |  |  | 97 |  | $ | 12.92 |  |  | 86 |  | $ | 12.37 |

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- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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