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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
May 31, 2025
May 25, 2024
May 27, 2023
Cash flows from operating activities:      
Net income (loss) $ (191,780) $ 21,034 $ 54,359
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization expense 7,748 8,428 8,557
Stock-based compensation expense 6,754 5,732 9,521
Contingent consideration adjustment 0 (4,400) 0
Loss on dissolution of subsidiaries 0 0 220
(Gain) loss on sale of assets (3,687) 574 38
Goodwill impairment 194,409 0 2,955
Adjustment to allowances 1,239 137 1,440
Deferred income taxes (6,305) 440 (9,701)
Other, net 612 336 (268)
Changes in operating assets and liabilities, net of acquisitions and dispositions:      
Trade accounts receivable 10,416 29,631 13,552
Prepaid expenses and other current assets (3,604) (766) 294
Income taxes (545) (3,252) 30,027
Other assets (83) (9,862) (4,067)
Accounts payable and other accrued expenses (1,209) 305 1,551
Accrued salaries and related obligations 3,078 (24,531) (21,535)
Other liabilities 1,856 (1,887) (5,307)
Net cash provided by operating activities 18,899 21,919 81,636
Cash flows from investing activities:      
Proceeds from sale of taskforce 0 0 5,953
Net proceeds from the sale of assets 12,309 0 2
Acquisition of Reference Point, net of cash acquired (23,169) 0 0
Acquisition of CloudGo, net of cash acquired 0 (7,411) 0
Investments in property and equipment and internal-use software (2,711) (1,143) (2,012)
Net cash (used in) provided by investing activities (13,571) (8,554) 3,943
Cash flows from financing activities:      
Proceeds from exercise of stock options 0 465 10,070
Proceeds from issuance of common stock under Employee Stock Purchase Plan 3,914 5,651 5,999
Repurchase of common stock (12,999) (8,000) (15,199)
Proceeds from Revolving Credit Facility 0 0 15,000
Repayments on Revolving Credit Facility 0 0 (69,000)
Payment of cash dividends (18,646) (18,825) (18,784)
Net cash used in financing activities (27,731) (20,709) (71,914)
Effect of exchange rate changes on cash (342) (548) (1,105)
Net (decrease) increase in cash (22,745) (7,892) 12,560
Cash and cash equivalents at beginning of period 108,892 116,784 104,224
Cash, cash equivalents and restricted cash at end of period 86,147 108,892 116,784
Supplemental cash flow disclosures      
Income taxes paid (refund), net 2,353 11,161 (2,913)
Interest paid 354 352 962
Non-cash investing and financing activities      
Capitalized leasehold improvements paid directly by landlord 1,095 0 0
Dividends declared, not paid $ 2,317 $ 4,695 $ 4,681