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Income or loss per share
9 Months Ended
Feb. 23, 2025
Earnings Per Share [Abstract]  
Income or loss per share Income or loss per share 
The following table sets forth the weighted average shares used in the computation of basic and diluted income or loss per share:
Three months ended
Nine months ended
February 23, 2025February 25, 2024February 23, 2025February 25, 2024
Weighted average shares for basic income or loss per share37,020,570 30,487,596 34,080,062 30,449,673 
Redeemable convertible preferred stock
— 5,899,388 — 5,791,809 
Stock options, RSUs and PSUs— 221,920 — 227,389 
Weighted average shares for diluted income or loss per share37,020,570 36,608,904 34,080,062 36,468,871 
Due to the Company’s net loss for the three and nine months ended February 23, 2025, the diluted income or loss per share is calculated using only the basic weighted average common shares outstanding and thus excludes the following securities on an as-converted basis as of February 23, 2025.
February 23,
2025
Redeemable Convertible Preferred Stock
6,875,074 
Stock options1,418,355 
Restricted stock units1,531,850 
Performance share units2,175,000 
Total12,000,279 
See note 11 for more information about Series A Redeemable Convertible Preferred Stock and note 13 for more information about stock options, restricted stock units and performance share units.