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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May 28, 2022
May 29, 2021
May 30, 2020
Cash flows from operating activities:      
Net income $ 67,175 $ 25,229 $ 28,285
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 8,483 9,125 10,764
Stock-based compensation expense 8,168 6,613 6,057
Contingent consideration adjustment 166 4,512 794
Loss on disposal of assets 564 587 484
Gain on dissolution of subsidiaries (884)    
Amortization of debt issuance costs and lender fees 91    
Impairment of right of use and other costs 833 935 649
Adjustment to allowance for doubtful accounts 557 (55) 1,840
Deferred income taxes (11,053) 12,203 911
Changes in operating assets and liabilities, net of effects of business combinations:      
Trade accounts receivable (44,756) 11,443 10,010
Prepaid expenses and other current assets 916 (868) 980
Income taxes 2,057 (32,590) (2,472)
Other assets (393) 513 (1,332)
Accounts payable and other accrued expenses 1,022 (704) (7,902)
Accrued salaries and related obligations 21,996 2,378 (6,810)
Other liabilities (5,498) 622 7,265
Net cash provided by operating activities 49,444 39,943 49,523
Cash flows from investing activities:      
Redemption of short-term investments     5,981
Proceeds from sale of assets   3 105
Acquisition of Expertence, net of cash acquired     (254)
Acquisition of Veracity, net of cash acquired     (30,258)
Investments in property and equipment and internal-use software (2,961) (3,846) (2,346)
Net cash used in investing activities (2,961) (3,843) (26,772)
Cash flows from financing activities:      
Proceeds from exercise of stock options 13,105 1,726 5,125
Proceeds from issuance of common stock under Employee Stock Purchase Plan 5,179 5,063 5,131
Repurchase of common stock (19,651)   (5,000)
Payment of contingent consideration liabilities (3,575) (3,020) (1,771)
Proceeds from Revolving Credit Facility 73,393   74,000
Repayments on Revolving Credit Facility (63,000) (45,000) (29,000)
Payment of debt issuance costs (222)    
Cash dividends paid (18,600) (18,230) (17,581)
Net cash (used in) provided by financing activities (13,371) (59,461) 30,904
Effect of exchange rate changes on cash (3,034) 2,128 (1,076)
Net increase (decrease) in cash 30,078 (21,233) 52,579
Cash and cash equivalents at beginning of period 74,391 95,624 43,045
Cash, cash equivalents and restricted cash at end of period 104,469 74,391 95,624
Less: Restricted cash at end of period (245)    
Cash and cash equivalents at end of period $ 104,224 $ 74,391 $ 95,624