XML 33 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 7 - Debt (Tables)
 3 Months Ended
Aug. 27, 2017
Notes Tables  
Schedule of Long-term Debt Instruments [Table Text Block]
   
August 27
, 2017
    
May 28,
2017
  
Term loan
with JPMorgan Chase Bank (“JPMorgan”), BMO Harris Bank N,A. (“BMO”), and City National Bank; due in quarterly principal and interest payments of $1
,25
0 beginning December 1, 2016 through September 23, 2021 with the remainder due on maturity, with interest based on the Company’s leverage ratio at a per annum rate of the Eurodollar rate plus a spread of between 1.25% and 2.25%
   $
46,250
     $
47,500
  
Total principal amount of long-term debt
    
46,250
      
47,500
  
Less: unamortized debt issuance costs
    
(246
)
    
(261
)
Total long-term debt, net of unamortized debt issuance costs
    
46,004
      
47,239
  
Less: current portion of long-term debt, net
    
(4,940
)
    
(4,940
)
Long-term debt, net
   $
41,064
     $
42,299