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Stock-Based Compensation Plans (Tables)
3 Months Ended
Aug. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following table summarizes the stock option activity for the three months ended August 30, 2025 (in thousands, except weighted-average exercise price):
Number of Options
Weighted-Average
Exercise Price
Awards outstanding at May 31, 20251,527$16.89 
Exercised— $— 
Forfeited— $— 
Expired(36)$16.89 
Awards outstanding at August 30, 20251,491$16.89 
Exercisable at August 30, 20251,491$16.89 
Vested and expected to vest at August 30, 2025 (1)
1,491$16.89 
(1)As of August 30, 2025, all outstanding options have vested, and there was no unrecognized compensation cost related to unvested and outstanding employee stock options.
Schedule of Unvested RSAs
The following table summarizes the activities for the unvested RSAs for the three months ended August 30, 2025 (in thousands, except weighted-average grant-date fair value):
Shares
Weighted-Average
Grant-Date Fair Value
Unvested at May 31, 2025269$11.80 
Granted19$5.46 
Vested(2)$13.53 
Forfeited(21)$11.95 
Unvested as of August 30, 2025265$11.31 
Expected to vest as of August 30, 2025260$11.26 
Schedule of Unvested Restricted Stock Units Activity The following table summarizes the activities for the unvested RSUs, including both equity- and liability-classified RSUs, for the three months ended August 30, 2025 (in thousands, except weighted-average grant-date fair value):
Equity-Classified RSUsLiability-Classified RSUsTotal RSUs
 SharesWeighted-Average Grant-Date Fair ValueSharesWeighted-Average Grant-Date Fair ValueSharesWeighted-Average Grant-Date Fair Value
Unvested at May 31, 20251,323$11.16 63 $11.95 1,386 $11.20 
Granted (1)
77 $5.07 $5.20 80 $5.07 
Vested(81)$10.31 (3)$5.20 (84)$10.13 
Forfeited$— $— $— 
Unvested as of August 30, 20251,319$10.92 63 $11.95 1,382 $10.97 
Expected to vest as of August 30, 20251,130$10.90 63 $11.95 1,193 $10.96 
(1)Dividend equivalents are included in the granted shares.
Schedule of Unvested Performance Stock Units Activity
The following table summarizes the activities for the unvested PSUs for the three months ended August 30, 2025 (in thousands, except weighted-average grant-date fair value):
Shares (1)
 
Weighted-Average
Grant-Date Fair Value
Unvested at May 31, 2025698$12.60 
Granted (2)
9$— 
Vested— $— 
Forfeited(164)$18.22 
Unvested as of August 30, 2025543$11.00 
Expected to vest as of August 30, 2025521$10.89 
(1)Shares are presented at the stated target, which represents the base number of shares that would vest. Actual shares that vest may be zero to 150% of the target based on the achievement of the specific company-wide performance targets.
(2)Dividend equivalents are included in the granted shares.