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Note 4 - Diluted Net Income Per Share
 6 Months Ended
Nov. 27, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
4.
Diluted Net Income Per Share
 
The following table sets forth the computation of diluted net income per share (in thousands, except per share amounts):
 
   
Three Months Ended
    
Six Months Ended
  
   
November 27,
2016
    
November 29,
2015
    
November 27,
2016
    
November 29,
2015
  
Numerator:
                                
Net income applicable to Common Stockholders
   $
1,326
     $
1,868
     $
4,638
     $
4,820
  
                                 
Denominator:
                                
Weighted average shares for basic net income per share
    
27,249
      
27,021
      
27,234
      
27,013
  
Effect of dilutive securities:
                                
Stock options and restricted stock units
    
369
      
399
      
338
      
404
  
Weighted average shares for diluted net income per share
    
27,618
      
27,420
      
27,572
      
27,417
  
                                 
Diluted net income per share
   $
0.05
     $
0.07
     $
0.17
     $
0.18
  
 
For the
three
months ended
November
27,
2016
and
November
29,
2015,
the computation of the diluted net income per share excludes the impact of options to purchase
1,266,040
shares and
1,140,789
shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.
 
For the
six
months ended
November
27,
2016
and
November
27,
2015,
the computation of the diluted net income per share excludes the impact of options to purchase
1,415,024
shares and
1,119,543
shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.