XML 37 R26.htm IDEA: XBRL DOCUMENT v3.24.3

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Aug. 24, 2024

Accounting Policies [Abstract]

Calculation of Net Income per Common Share

The following table summarizes the calculation of net (loss) income per common share for the three months ended August 24, 2024 and August 26, 2023 (in thousands, except per share amounts):

			Three Months Ended
			August 24, 2024						August 26, 2023
Net (loss) income			$	(5,707)					$	3,117
Weighted-average shares outstanding:
Basic weighted-average shares			33,407						33,412
Effect of dilutive shares:
Potentially dilutive stock options			—						162
Potentially dilutive employee stock purchase plan			—						10
Potentially dilutive restricted stock awards			—						52
Potentially dilutive restricted stock units			—						181
Potentially dilutive performance stock units			—						193
Diluted weighted-average shares outstanding			33,407						34,010
Net (loss) income per common share:
Basic			$	(0.17)					$	0.09
Diluted			$	(0.17)					$	0.09

Summary of Potentially Dilutive Shares Excluded From the Computation of Diluted Net Loss per Share

The following table sets forth the potentially dilutive shares excluded from the computation of the diluted net loss per share because their effect was anti-dilutive (in thousands):

			Three Months Ended
			August 24, 2024						August 26, 2023
Stock options			1,978						1,382
Employee stock purchase plan			10						—
Restricted stock awards			97						—
Restricted stock units			294						6
Performance stock units			—						—
Total			2,379						1,388

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration