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Note 5 - Stock-Based Compensation
 6 Months Ended
Nov. 27, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
5.           Stock-Based Compensation

In the three and six months ended November 27, 2011, the Company recognized stock-based compensation expense of $444,000 and $885,000, respectively, which included $193,000 and $395,000 for restricted stock unit awards and $251,000 and $490,000 for stock option grants, respectively.  In the three and six months ended November 28, 2010, the Company recognized stock-based compensation expense of $457,000 and $962,000, respectively, which included $210,000 and $454,000 for restricted stock unit awards and $247,000 and $508,000 for stock option grants, respectively.

The following table summarizes the stock-based compensation by income statement line item:
   
Three Months
Ended
November 27,
2011
   
Three Months
Ended
November 28,
2010
   
Six Months
 Ended
November 27,
2011
   
Six Months
 Ended
November 28,
2010
 
Research and development
  $ 130,000     $ 108,000     $ 254,000     $ 228,000  
Sales, general and administrative
  $ 314,000     $ 349,000     $ 631,000     $ 734,000  
  Total stock-based compensation
  $ 444,000     $ 457,000     $ 885,000     $ 962,000  

As of November 27, 2011, there was $2.2 million of total unrecognized compensation expense related to unvested equity compensation awards granted under the Landec equity plans.  Total expense is expected to be recognized over the weighted-average period of 1.4 years for stock options and 1.4 years for restricted stock unit awards.