XML 18 R3.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2025
May 25, 2024
Current assets:    
Cash and cash equivalents $ 86,147 $ 108,892
Trade accounts receivable, net of allowances of $2,603 and $2,755 as of May 31, 2025 and May 25, 2024, respectively 99,210 108,515
Prepaid expenses and other current assets 10,246 6,888
Assets held for sale 0 8,909
Income taxes receivable 8,083 7,551
Total current assets 203,686 240,755
Goodwill 28,757 216,579
Intangible assets, net 18,978 9,573
Property and equipment, net 4,423 3,763
Operating right-of-use assets 22,551 11,899
Deferred tax assets 9,280 11,312
Other non-current assets 17,013 17,033
Total assets 304,688 510,914
Current liabilities:    
Accounts payable and other accrued expenses 13,902 15,223
Accrued salaries and related obligations 47,931 41,999
Operating lease liabilities, current 5,149 4,735
Other liabilities 8,420 10,476
Total current liabilities 75,402 72,433
Long-term debt 0 0
Operating lease liabilities, non-current 20,156 8,586
Deferred tax liabilities 92 8,680
Other non-current liabilities 1,957 2,452
Total liabilities 97,607 92,151
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 5,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, $0.01 par value, 70,000 shares authorized; 37,027 and 36,194 shares issued, and 33,075 and 33,556 shares outstanding as of May 31, 2025 and May 25, 2024, respectively 370 363
Additional paid-in capital 400,180 389,720
Accumulated other comprehensive loss (17,863) (17,713)
Retained earnings (Accumulated deficit) (121,575) 88,595
Treasury stock at cost, 3,952 and 2,638 shares as of May 31, 2025 and May 25, 2024, respectively (54,031) (42,202)
Total stockholders’ equity 207,081 418,763
Total liabilities and stockholders’ equity $ 304,688 $ 510,914