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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 23, 2024
May 25, 2024
Current assets:    
Cash and cash equivalents $ 78,197 $ 108,892
Trade accounts receivable, net of allowances of $3,232 ‎and $2,755 as of November 23, 2024 and May 25, 2024, respectively 106,894 108,515
Prepaid expenses and other current assets 8,536 6,888
Assets held for sale 0 8,909
Income taxes receivable 8,090 7,551
Total current assets 201,717 240,755
Goodwill 139,627 216,579
Intangible assets, net 22,239 9,573
Property and equipment, net 4,743 3,763
Operating lease right-of-use assets 24,725 11,899
Deferred tax assets 11,120 11,312
Other non-current assets 20,702 17,033
Total assets 424,873 510,914
Current liabilities:    
Accounts payable and other accrued expenses 13,580 15,223
Accrued salaries and related obligations 45,174 41,999
Operating lease liabilities, current 5,385 4,735
Other current liabilities 9,466 10,476
Total current liabilities 73,605 72,433
Long-term debt 0 0
Operating lease liabilities, non-current 22,371 8,586
Deferred tax liabilities 930 8,680
Other non-current liabilities 2,290 2,452
Total liabilities 99,196 92,151
Commitments and contingencies (see Note 13)
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; 36,757 and 36,194 shares issued, and 33,091 and 33,556 shares outstanding as of November 23, 2024 and May 25, 2024, respectively 368 363
Additional paid-in capital 394,544 389,720
Accumulated other comprehensive loss (21,176) (17,713)
Retained earnings 4,145 88,595
Treasury stock at cost, 3,666 and 2,638 shares as of November 23, 2024 ‎and May 25, 2024, respectively (52,204) (42,202)
Total stockholders’ equity 325,677 418,763
Total liabilities and stockholders’ equity $ 424,873 $ 510,914