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Note 8 - Income Taxes (Tables)

12 Months Ended

May. 31, 2015

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year ended				Year ended				Year ended
Current:		May 31, 2015				May 25, 2014				May 26, 2013
Federal		$	3,480			$	4,785			$	2,808
State			43				157				(18	)
Foreign			71				56				56
Total			3,594				4,998				2,846
Deferred:
Federal			3,789				5,059				6,218
State			363				526				388
Total			4,152				5,585				6,606
Income tax expense		$	7,746			$	10,583			$	9,452

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended May 31, 2015				Year Ended May 25, 2014				Year Ended May 26, 2013
Provision at U.S. statutory rate (1)		$	7,451			$	10,405			$	11,214
State income taxes, net of federal benefit			566				711				731
Change in valuation allowance			353				99				370
Tax-exempt interest			—				—				—
Tax credit carryforwards			(375	)			(378	)			(801	)
Domestic manufacturing deduction			(369	)			(406	)			(172	)
Change in value of contingent consideration			—				—				(1,450	)
Other			120				152				(440	)
Total		$	7,746			$	10,583			$	9,452

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		May 31, 2015				May 25, 2014
Deferred tax assets:
Net operating loss carryforwards		$	3,415			$	3,630
Accruals and reserves			1,964				1,746
Stock-based compensation			662				723
Research and AMT credit carryforwards			515				495
Other			966				545
Gross deferred tax assets			7,522				7,139
Valuation allowance			(1,234	)			(881	)
Net deferred tax assets			6,288				6,258
Deferred tax liabilities:
Basis difference in investment in non-public company			(10,753	)			(9,270	)
Depreciation and amortization			(7,186	)			(5,705	)
Goodwill and other indefinite life intangibles			(20,578	)			(19,360	)
Deferred tax liabilities			(38,517	)			(34,335	)
Net deferred tax liabilities		$	(32,229	)		$	(28,077	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		As of
		May 31 , 201 5				May 25 , 201 4				May 26 , 201 3
Unrecognized tax benefits – beginning of the period		$	1,035			$	998			$	766
Gross increases – tax positions in prior period			17				7				103
Gross decreases – tax positions in prior period			(141	)			(48	)			—
Gross increases – current-period tax positions			76				78				129
Lapse of statute of limitations			—				—				—
Unrecognized tax benefits – end of the period		$	987			$	1,035			$	998

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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