XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 22, 2025
May 25, 2024
Current assets:    
Cash and cash equivalents $ 72,495 $ 108,892
Trade accounts receivable, net of allowances of $2,941 ‎and $2,755 as of February 22, 2025 and May 25, 2024, respectively 101,137 108,515
Prepaid expenses and other current assets 12,889 6,888
Assets held for sale 0 8,909
Income taxes receivable 8,672 7,551
Total current assets 195,193 240,755
Goodwill 97,588 216,579
Intangible assets, net 20,832 9,573
Property and equipment, net 4,607 3,763
Operating lease right-of-use assets 23,359 11,899
Deferred tax assets 16,393 11,312
Other non-current assets 17,653 17,033
Total assets 375,625 510,914
Current liabilities:    
Accounts payable and other accrued expenses 13,203 15,223
Accrued salaries and related obligations 45,742 41,999
Operating lease liabilities, current 5,294 4,735
Other current liabilities 9,974 10,476
Total current liabilities 74,213 72,433
Long-term debt 0 0
Operating lease liabilities, non-current 21,259 8,586
Deferred tax liabilities 100 8,680
Other non-current liabilities 2,227 2,452
Total liabilities 97,799 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; 37,021 and 36,194 shares issued, and 33,069 and 33,556 shares outstanding as of February 22, 2025 and May 25, 2024, respectively 370 363
Additional paid-in capital 398,553 389,720
Accumulated other comprehensive loss (21,160) (17,713)
(Accumulated deficit) retained earnings (45,891) 88,595
Treasury stock at cost, 3,952 and 2,638 shares as of February 22, 2025 ‎and May 25, 2024, respectively (54,046) (42,202)
Total stockholders’ equity 277,826 418,763
Total liabilities and stockholders’ equity $ 375,625 $ 510,914