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Shareholders' Equity and Stock-Based Compensation (Tables) | 12 Months Ended
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May. 28, 2015
Stock holders Equity And Share Based Compensation [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 2015, 2014 and 2013:
|  | Year Ended |  | Year Ended |  | Year Ended |
|  | May 28, 2015 |  | May 29, 2014 |  | May 30, 2013 |
Risk-free interest rate |  |  | 1.31– 2.32 | % |  | 1.04 – 2.38 | % |  | 0.48 – 1.33 | %
Dividend yield |  |  | 2.5 | % |  | 2.7 | % |  | 2.8 | %
Volatility |  |  | 37 – 49 | % |  | 41 – 49 | % |  | 49 – 62 | %
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 28, 2015 |  | May 29, 2014 |  | May 30, 2013 |
|  |  |  |  | Weighted- |  |  |  |  | Weighted- |  |  |  |  | Weighted- |
|  |  |  |  | Average |  |  |  |  | Average |  |  |  |  | Average |
|  |  |  |  | Exercise |  |  |  |  | Exercise |  |  |  |  | Exercise |
|  | Options |  | Price |  | Options |  | Price |  | Options |  | Price |
|  | (options in thousands) |
Outstanding at beginning of year |  |  | 1,566 |  | $ | 14.06 |  |  | 1,949 |  | $ | 14.03 |  |  | 2,006 |  | $ | 13.91 |
Granted |  |  | 276 |  |  | 18.35 |  |  | 291 |  |  | 13.16 |  |  | 306 |  |  | 13.12 |
Exercised |  |  | (215) |  |  | 13.81 |  |  | (437) |  |  | 12.81 |  |  | (202) |  |  | 10.82 |
Forfeited |  |  | (101) |  |  | 15.87 |  |  | (237) |  |  | 14.16 |  |  | (161) |  |  | 14.48 |
Outstanding at end of year |  |  | 1,526 |  |  | 14.75 |  |  | 1,566 |  |  | 14.06 |  |  | 1,949 |  |  | 14.03 |
Exercisable at end of year |  |  | 840 |  | $ | 14.90 |  |  | 909 |  | $ | 15.29 |  |  | 1,113 |  | $ | 15.47 |
Weighted-average fair value of options granted during year |  |  |  |  | $ | 5.98 |  |  |  |  | $ | 4.52 |  |  |  |  | $ | 5.20 |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range |
|  | Exercise Price Range |
|  | $8.52 to |  | $12.72 to |  | $17.74 to |
|  | $12.71 |  | $17.73 |  | $23.37 |
|  | (options in thousands) |
Options outstanding |  |  | 330 |  |  | 750 |  |  | 446 |
Weighted-average exercise price of options outstanding |  | $ | 10.87 |  | $ | 13.86 |  | $ | 19.13 |
Weighted-average remaining contractual life of options outstanding |  |  | 5.6 |  |  | 5.8 |  |  | 6.0 |
Options exercisable |  |  | 219 |  |  | 422 |  |  | 199 |
Weighted-average exercise price of options exercisable |  | $ | 11.03 |  | $ | 14.45 |  | $ | 20.12 |
Schedule of Nonvested Share Activity | summary of the Company’s non-vested stock activity and related information follows:
|  | May 28, 2015 |  | May 29, 2014 |  | May 30, 2013 |
|  |  |  | Weighted- |  |  |  | Weighted- |  |  |  | Weighted- |
|  |  |  | Average Fair |  |  |  | Average Fair |  |  |  | Average Fair |
|  | Shares |  | Value |  | Shares |  | Value |  | Shares |  | Value |
|  | (shares in thousands) |
Outstanding at beginning of year |  |  | 98 |  | $ | 13.61 |  |  | 97 |  | $ | 12.92 |  |  | 86 |  | $ | 12.37 |
Granted |  |  | 30 |  |  | 19.38 |  |  | 37 |  |  | 14.14 |  |  | 28 |  |  | 13.65 |
Vested |  |  | (14) |  |  | 11.72 |  |  | (25) |  |  | 12.01 |  |  | (17) |  |  | 11.36 |
Forfeited |  |  | – |  |  | – |  |  | (11) |  |  | 12.93 |  |  | – |  |  | – |
Outstanding at end of year |  |  | 114 |  | $ | 15.39 |  |  | 98 |  | $ | 13.61 |  |  | 97 |  | $ | 12.92 |

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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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