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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Feb. 22, 2025

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 and nine months ended February 22, 2025 and February 24, 2024 (in thousands, except per share amounts):

			Three Months Ended												Nine Months Ended
			February 22, 2025						February 24, 2024						February 22, 2025						February 24, 2024
Net (loss) income			$	(44,052)					$	2,550					$	(118,474)					$	10,562
Weighted-average shares outstanding:
Basic weighted-average shares			32,938						33,463						33,130						33,428
Effect of dilutive shares:
Potentially dilutive stock options			—						43						—						76
Potentially dilutive employee stock purchase plan			—						20						—						7
Potentially dilutive restricted stock awards			—						16						—						56
Potentially dilutive restricted stock units			—						52						—						183
Potentially dilutive performance stock units			—						165						—						156
Diluted weighted-average shares outstanding			32,938						33,759						33,130						33,906
Net (loss) income per common share:
Basic			$	(1.34)					$	0.08					$	(3.58)					$	0.32
Diluted			$	(1.34)					$	0.08					$	(3.58)					$	0.31

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) income per common share because their effect was anti-dilutive (in thousands):

			Three Months Ended												Nine Months Ended
			February 22, 2025						February 24, 2024						February 22, 2025						February 24, 2024
Stock options			1,849						2,034						1,918						1,924
Employee stock purchase plan			12						—						5						—
Restricted stock awards			171						99						91						—
Restricted stock units			989						227						299						5
Total			3,021						2,360						2,313						1,929

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- References

No definition available.

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- 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

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- 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

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