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Income Taxes (Tables)

12 Months Ended

May 25, 2019

Income Taxes [Abstract]

Schedule Of Current And Deferred Income Tax Provision For Federal And State Income Taxes Attributable To Operations



		For the Years Ended
		May 25,			May 26,			May 27,
		2019			2018			2017
Current
Federal		$	5,068		$	10,785		$	10,901
State			2,278			2,829			2,551
Foreign			2,690			(392)			1,472
			10,036			13,222			14,924
Deferred
Federal			5,890			(3,011)			259
State			619			367			62
Foreign			(46)			(515)			(123)
			6,463			(3,159)			198
		$	16,499		$	10,063		$	15,122



Schedule Of Income Before Provision For Income Taxes



		For the Years Ended
		May 25,			May 26,			May 27,
		2019			2018			2017
Domestic		$	41,828		$	26,774		$	32,390
Foreign			6,141			2,115			1,383
		$	47,969		$	28,889		$	33,773



Schedule Of Effective Income Tax Rate Reconciliation



		For the Years Ended
		May 25,			May 26,			May 27,
		2019			2018			2017
Statutory tax rate		21.0	%		29.4	%		35.0	%
State taxes, net of federal benefit		4.9			7.9			5.0
Non-U.S. rate adjustments		1.3			(0.8)			0.1
Stock-based compensation		2.8			4.5			0.7
Long-term net capital gains		(6.1)			10.1			-
Foreign tax credit		9.3			(16.5)			(0.1)
Valuation allowance		(2.8)			(4.3)			1.2
Global Intangible Low-Taxed Income ("GILTI")		1.1			-			-
Permanent items, primarily meals and entertainment		1.4			3.2			2.2
Deferred tax impact of U.S. federal rate changes		0.1			(2.8)			-
Deferred tax impact of foreign rate changes		1.2			3.9			0.5
Other, net		0.2			0.2			0.2
Effective tax rate		34.4	%		34.8	%		44.8	%



Schedule Of The Components Of Net Deferred Tax Asset (Liability)



		As of			As of
		May 25,			May 26,
		2019			2018
Deferred tax assets:
Allowance for doubtful accounts		$	1,108		$	854
Accrued compensation			3,347			3,210
Accrued expenses			2,418			2,311
Stock options and restricted stock			5,541			7,326
Foreign tax credit			498			5,596
Net operating losses			14,489			15,563
Property and equipment			-			1,017
State taxes			208			138
Gross deferred tax asset			27,609			36,015
Valuation allowance			(13,190)			(15,298)
Gross deferred tax asset, net of valuation allowance			14,419			20,717
Deferred tax liabilities:
Property and equipment			(77)			-
Goodwill and intangibles			(17,991)			(17,867)
Net deferred tax asset (liability)		$	(3,649)		$	2,850



Summary Of Net Operating Loss Expiration Periods


Expiration Periods	Amount of Net Operating Losses
Fiscal Years Ending:	(in thousands)
2020	$	1,600
2021		4,200
2022		300
2023		300
2024		2,300
2025-2029		1,200
Unlimited		53,600
	$	63,500



Summary Of Activity In Valuation Allowance



								Currency
		Beginning			Charged to			Rate			Ending
		Balance			Operations			Changes			Balance
Years Ended:
May 27, 2017		$	15,714		$	438		$	(181)		$	15,971
May 26, 2018		$	15,971		$	(1,181)		$	508		$	15,298
May 25, 2019		$	15,298		$	(1,440)		$	(668)		$	13,190



Summary Of The Activity Related To Gross Unrecognized Tax Benefits



		For the Years Ended
		May 25,			May 26,
		2019			2018
Unrecognized tax benefits, beginning of year		$	42		$	42
Gross increases-tax positions in prior period			-			-
Gross decreases-tax positions in prior period			-			-
Gross increases-current period tax positions			-			42
Settlements			-			-
Lapse of statute of limitations			-			(42)
Unrecognized tax benefits, end of year		$	42		$	42



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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

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