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FAIR VALUE MEASUREMENTS (Tables) | 12 Months Ended
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May. 30, 2015
Investments measured at fair value on a recurring basis | Investments measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 as of May 30, 2015 and May 31, 2014, were as follows (in thousands):
| Level 1 |  | Level 2 |  | Level 3
May 30, 2015 |  |  |  |  |
Time deposits/CDs | $ | 34,665 |  |  | $ | — |  |  | $ | — |
Equity securities | 576 |  |  | — |  |  | — |
Total | $ | 35,241 |  |  | $ | — |  |  | $ | — |
May 31, 2014 |  |  |  |  |
Time deposits/CDs | $ | 32,732 |  |  | $ | — |  |  | $ | — |
Equity securities | 516 |  |  | — |  |  | — |
Total | $ | 33,248 |  |  | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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