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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 28, 2020
May 30, 2020
Current assets:    
Cash and cash equivalents $ 97,195 $ 95,624
Trade accounts receivable, net of allowance for doubtful accounts of $2,361 and $3,067 as of November 28, 2020 and May 30, 2020, respectively 111,686 124,986
Prepaid expenses and other current assets 7,084 6,222
Income taxes receivable 2,593 4,167
Total current assets 218,558 230,999
Goodwill 216,246 214,067
Intangible assets, net 21,062 20,077
Property and equipment, net 22,270 23,644
Operating right-of-use assets 30,009 34,287
Deferred income taxes 1,908 1,597
Other assets 1,913 4,510
Total assets 511,966 529,181
Current liabilities:    
Accounts payable and accrued expenses 20,340 15,799
Accrued salaries and related obligations 46,680 52,407
Operating lease liabilities, current 10,970 11,223
Other liabilities 13,646 15,472
Total current liabilities 91,636 94,901
Long-term debt 68,000 88,000
Operating lease liabilities, noncurrent 26,442 30,672
Deferred income taxes 6,123 6,215
Other long-term liabilities 12,818 5,732
Total liabilities 205,019 225,520
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 5,000 shares authorized; zero shares issued and outstanding
Common stock, $0.01 par value, 70,000 shares authorized; 64,199 and 63,910 shares issued, and 32,433 and 32,144 shares outstanding as of November 28, 2020 and May 30, 2020, respectively 642 639
Additional paid-in capital 483,087 477,438
Accumulated other comprehensive loss (8,606) (13,862)
Retained earnings 352,716 360,534
Treasury stock at cost, 31,766 shares as of both November 28, 2020 and May 30, 2020 (520,892) (521,088)
Total stockholders' equity 306,947 303,661
Total liabilities and stockholders' equity $ 511,966 $ 529,181