XML 52 R39.htm IDEA: XBRL DOCUMENT v3.22.2
Stock-Based Compensation Plans (Tables)
12 Months Ended
May 28, 2022
Stock-Based Compensation Plans [Abstract]  
Summary Of Stock Option Activity

Number of

Weighted

Weighted Average

Shares

Average

Remaining

Aggregate

Under

Exercise

Contractual Life

Intrinsic

Option

Price

(in years)

Value

Awards outstanding at May 29, 2021

4,556

$

15.78

5.71

Exercised

(834)

14.34

Forfeited

(102)

17.66

Expired

(270)

15.80

Awards outstanding at May 28, 2022

3,350

$

16.08

4.98

$

7,887

Exercisable at May 28, 2022

2,704

$

15.67

4.52

$

7,209

Vested and expected to vest at May 28, 2022 (1)

3,304

$

16.06

4.95

$

7,556

(1) The expected to vest options are the result of applying the pre-vesting forfeiture rate assumptions to options not yet vested of 645,449 and 1,321,496 as of May 28, 2022 and May 29, 2021, respectively.
Schedule Of Share-Based Payment Award, Valuation Assumptions

For the Year Ended

May 30, 2020

Expected volatility

30.9% - 32.9%

Risk-free interest rate

1.5% - 1.8%

Expected dividends

3.4% - 3.7%

Expected life

5.6 - 8.1 years

Summary Of Unvested Restricted Stock Awards

Shares

Weighted Average Grant-Date Fair Value

Outstanding at May 29, 2021

127

$

13.12

Granted

97

18.28

Vested

(41)

13.36

Forfeited

-

-

Unvested as of May 28, 2022

183

$

15.88

Expected to vest as of May 28, 2022

162

$

15.83

Summary Unvested Restricted Stock Unit Activity

Equity-Classified Restricted Stock Units

Liability-Classified Stock Units

Total Restricted Stock Units

Shares

Weighted Average Grant-Date Fair Value

Shares

Weighted Average Grant-Date Fair Value

Shares

Weighted Average Grant-Date Fair Value

Outstanding at May 29, 2021

513

$

11.40

89

$

14.58

602

$

11.87

Granted

217

18.41

27

16.91

244

18.25

Vested

(125)

11.64

(50)

14.74

(175)

12.53

Forfeited

(26)

13.58

-

-

(26)

13.58

Unvested as of May 28, 2022

579

$

14.03

66

$

14.89

645

$

14.12

Expected to vest as of May 28, 2022

519

$

13.98

66

$

14.89

585

$

14.08

Summary Of Unvested Performance Stock Units Activity

Shares

Weighted Average Grant-Date Fair Value

Outstanding at May 29, 2021

-

$

-

Granted (1)

203

18.41

Forfeited

(7)

18.44

Unvested as of May 28, 2022

196

$

18.41

Expected to vest as of May 28, 2022

168

$

18.42

(1) Shares granted during the year ended May 28, 2022 are presented at the stated target, which represents the base number of shares that would vest. Actual shares that vest may be 0-150% of the target based on the achievement of the specific company-wide performance targets.