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Stockholders' Equity
6 Months Ended
Nov. 24, 2018
Stockholders' Equity [Abstract]  
Stockholders' Equity



7. Stockholders’ Equity

Stock Repurchase Program

In July 2015, the Company’s board of directors approved a stock repurchase program (the “July 2015 program”), authorizing the repurchase, at the discretion of the Company’s senior executives, of the Company’s common stock for an aggregate dollar limit not to exceed $150 million.  Repurchases under the program may take place in the open market or in privately negotiated transactions and may be made pursuant to a Rule 10b5-1 plan.  During the three months ended November 24, 2018, the Company purchased 338,536 shares of its common stock on the open market at an average price of $16.36 per share, for approximately $5.5 million, and during the six months ended November 24, 2018, the Company purchased 806,448 shares of its common stock on the open market at an average price of $16.12 per share, for approximately $13.0 million.  As of November 24, 2018, approximately $107.0 million remained available for future repurchases of the Company’s common stock under the July 2015 program.