XML 33 R22.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share (Tables)
 9 Months Ended
Feb. 25, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Diluted Net Income Per Share
The following table sets forth the computation of basic and diluted earnings per share:

Three Months EndedNine Months Ended
(In thousands, except per share amounts)
February 25, 2024February 26, 2023February 25, 2024February 26, 2023
Numerator:  
Net income (loss) from continuing operations$14,785 $(11,330)$16,417 $(27,238)
Income (loss) from discontinued operations, net of tax847 (25,177)2,679 (33,041)
Net income (loss)$15,632 $(36,507)$19,096 $(60,279)
Denominator:
Weighted average shares for basic income (loss) per share30,488 30,304 30,450 29,838 
Potential preferred stock conversion to common stock5,899 — 5,792 — 
Dilutive stock options and RSUs222 — 227 — 
Weighted average shares for diluted income (loss) per share36,609 30,304 36,469 29,838 
Basic net income (loss) per share:
Income (loss) from continuing operations$0.48 $(0.37)$0.54 $(0.91)
Income (loss) from discontinued operations$0.03 $(0.83)$0.09 $(1.11)
      Total basic net income (loss) per share$0.51 $(1.20)$0.63 $(2.02)
Diluted net income (loss) per share:
Income (loss) from continuing operations$0.40 $(0.37)$0.45 $(0.91)
Income (loss) from discontinued operations$0.02 $(0.83)$0.07 $(1.11)
Total diluted net income (loss) per share$0.42 $(1.20)$0.52 $(2.02)