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Earnings Per Share | 6 Months Ended
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Nov. 24, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the weighted average shares used in the computation of basic and diluted earnings per share:
| Three Months Ended |  | Six Months Ended |  |
| November 24, 2024 |  | November 26, 2023 |  | November 24, 2024 |  | November 26, 2023 |  |  |  |
Weighted average shares for basic income or loss per share | 34,360,657 |  |  | 30,458,032 |  |  | 32,609,808 |  |  | 30,430,712 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Convertible preferred stock | — |  |  | 5,790,810 |  |  | — |  |  | 5,737,685 |  |  |  |  |
Stock options, RSUs and PSUs | — |  |  | 170,261 |  |  | — |  |  | 228,955 |  |  |  |  |
Weighted average shares for diluted income or loss per share | 34,360,657 |  |  | 36,419,103 |  |  | 32,609,808 |  |  | 36,397,352 |  |  |  |  |
Due to the Company’s net loss for the three and six months ended November 24, 2024, the diluted income or loss per share is calculated using only the basic weighted average common shares outstanding and thus excludes the following, as such impact would be antidilutive:
| Three Months Ended |  | Six Months Ended
| November 24, 2024 |  | November 24, 2024
Convertible Preferred Stock | 6,769,985 |  |  | 6,707,861 |
Stock Options | — |  |  | — |
Restricted Stock Units | 237,084 |  |  | 209,713 |
Performance Share Units(1) | 8,500 |  |  | 17,000 |
Total | 7,015,569 |  |  | 6,934,574 |
(1) PSUs are not considered dilutive until performance targets are met. See Note 13 – Convertible Preferred Stock and Common Stock for more information on outstanding Convertible Preferred Stock and Note 12 – Stock-based Compensation for more information on outstanding stock options, RSUs and PSUs.

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