Note 5 - Diluted Net Income Per Share

6 Months Ended

Nov. 26, 2017

5 .	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 26, 2017		November 27 , 2016		November 26, 2017		November 27 , 2016
Numerator:
Net income applicable to Common Stockholders	$	487	$	1,326	$	2,633	$	4,638

Denominator:
Weighted average share s for basic net income per share		27,518		27,249		27,512		27,234
Effect of dilutive securities:
Stock options and restricted stock units		357		369		354		338
Weighted average shares for diluted net income per share		27,875		27,618		27,866		27,572

Diluted net income per share	$	0.02	$	0.05	$	0.09	$	0.17

For

the

three

and

six

months ended

November 26, 2017

the computation of the diluted net income per share excludes the impact of options to purchase

1.5

million and

1.4

million shares, respectively of Common Stock as such impacts would be antidilutive for this period.