Income Taxes	6 Months Ended
Nov. 24, 2018
Income Taxes [Abstract]
Income Taxes	5. Income Taxes On December 22, 2017, Congress enacted H.R.1, the “Tax Cuts and Jobs Act” (“Tax Reform Act”), which made significant changes to U.S. federal income tax laws including reducing the corporate rate from 35% to 21% effective January 1, 2018. In December 2017, the SEC issued Staff Accounting Bulletin No. 118 which allows the Company to record provisional amounts related to the impact of the Tax Reform Act and adjust those amounts during a measurement period not to extend more than one year from date of enactment. During fiscal 2018, the Company recorded a provisional income tax benefit of approximately $0.8 million upon re-measurement of U.S. deferred tax assets and liabilities at the rate the balances are expected to be realized. The Tax Reform Act also includes the Global Intangible Low-Tax Income (“GILTI”) provision, a new mechanism for taxing certain foreign profits, the Base Erosion Anti-Abuse Tax , a minimum tax on payments to related parties, and the Foreign-Derived Intangible Income provision, a tax incentive to earn income abroad. The Company is permitted to make an accounting policy election to account for GILTI as either a period charge when the tax arises or as a part of deferred taxes. Due to the complexity of the GILTI provisions, the Company is still evaluating the impact on future periods and has not yet elected an accounting policy regarding GILTI. The Company has recognized provisional tax impacts associated with GILTI as a current expense for the six months ended November 24, 2018. The Company’s provision for income taxes was $5.1 million (effective tax rate of approximately 33%) and $2.1 million (effective tax rate of approximately 21%) for the three months ended November 24, 2018 and November 25, 2017, respectively, and $8.6 million (effective tax rate of approximately 35%) and $5.1 million (effective tax rate of approximately 33%) for the six months ended November 24, 2018 and November 25, 2017, respectively. The Company records tax expense based upon an actual effective tax rate versus a forecasted tax rate because of the volatility in its international operations that span numerous tax jurisdictions. The provision for income taxes in the three and six months ended November 24, 2018 and November 25, 2017 results from taxes on income in the U.S. and certain other foreign jurisdictions, no benefit for losses in jurisdictions in which a full valuation allowance on operating loss carryforwards had previously been established and a lower benefit for losses in certain foreign jurisdictions with tax rates lower than the U.S. statutory rates. The provision for income taxes increased for the three months ended November 24, 2018 compared to the prior year quarter because of improved global income. Also in the prior year quarter, the Company reversed $2.4 million of valuation allowances that offset deferred tax assets of certain foreign entities; there was no reversal in the current year quarter. Although the effective rate for the three months ended November 24, 2018 is positively impacted by the reduced US tax rate, the effective rate increased as the prior year quarter benefited from the aforementioned valuation allowance reversal. The Company recognized a tax benefit of approximately $0.1 million and $0.2 million during the second quarter of fiscal 2019 and 2018, respectively and no net tax benefit and $0.6 million, during the first six months of fiscal 2019 and 2018, respectively, related to stock-based compensation for nonqualified stock options expensed and for disqualifying dispositions under the ESPP.

5. Income Taxes

On December 22, 2017, Congress enacted H.R.1, the “Tax Cuts and Jobs Act” (“Tax Reform Act”), which made significant changes to U.S. federal income tax laws including reducing the corporate rate from 35% to 21% effective January 1, 2018. In December 2017, the SEC issued Staff Accounting Bulletin No. 118 which allows the Company to record provisional amounts related to the impact of the Tax Reform Act and adjust those amounts during a measurement period not to extend more than one year from date of enactment. During fiscal 2018, the Company recorded a provisional income tax benefit of approximately $0.8 million upon re-measurement of U.S. deferred tax assets and liabilities at the rate the balances are expected to be realized.

The Tax Reform Act also includes the Global Intangible Low-Tax Income (“GILTI”) provision, a new mechanism for taxing certain foreign profits, the Base Erosion Anti-Abuse Tax , a minimum tax on payments to related parties, and the Foreign-Derived Intangible Income provision, a tax incentive to earn income abroad. The Company is permitted to make an accounting policy election to account for GILTI as either a period charge when the tax arises or as a part of deferred taxes. Due to the complexity of the GILTI provisions, the Company is still evaluating the impact on future periods and has not yet elected an accounting policy regarding GILTI. The Company has recognized provisional tax impacts associated with GILTI as a current expense for the six months ended November 24, 2018.

The Company’s provision for income taxes was $5.1 million (effective tax rate of approximately 33%) and $2.1 million (effective tax rate of approximately 21%) for the three months ended November 24, 2018 and November 25, 2017, respectively, and $8.6 million (effective tax rate of approximately 35%) and $5.1 million (effective tax rate of approximately 33%) for the six months ended November 24, 2018 and November 25, 2017, respectively. The Company records tax expense based upon an actual effective tax rate versus a forecasted tax rate because of the volatility in its international operations that span numerous tax jurisdictions.

The provision for income taxes in the three and six months ended November 24, 2018 and November 25, 2017 results from taxes on income in the U.S. and certain other foreign jurisdictions, no benefit for losses in jurisdictions in which a full valuation allowance on operating loss carryforwards had previously been established and a lower benefit for losses in certain foreign jurisdictions with tax rates lower than the U.S. statutory rates. The provision for income taxes increased for the three months ended November 24, 2018 compared to the prior year quarter because of improved global income. Also in the prior year quarter, the Company reversed $2.4 million of valuation allowances that offset deferred tax assets of certain foreign entities; there was no reversal in the current year quarter. Although the effective rate for the three months ended November 24, 2018 is positively impacted by the reduced US tax rate, the effective rate increased as the prior year quarter benefited from the aforementioned valuation allowance reversal.

The Company recognized a tax benefit of approximately $0.1 million and $0.2 million during the second quarter of fiscal 2019 and 2018, respectively and no net tax benefit and $0.6 million, during the first six months of fiscal 2019 and 2018, respectively, related to stock-based compensation for nonqualified stock options expensed and for disqualifying dispositions under the ESPP.