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Share-Based Compensation (Tables) | 12 Months Ended
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May 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Options, Activity | A summary of stock option activity is as follows (in thousands, except option prices and years):
|  | Number of Options |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life |  |  | Aggregate Intrinsic Value (1) |
Options Outstanding at May 28, 2022 |  |  | 1,148 |  |  | $ | 7.82 |  |  |  |  |  |  |
Granted |  |  | 194 |  |  |  | 15.58 |  |  |  |  |  |  |
Exercised |  |  | (441 | ) |  |  | 8.58 |  |  |  |  |  |  |
Forfeited |  |  | (20 | ) |  |  | 8.15 |  |  |  |  |  |  |
Cancelled |  |  | (25 | ) |  |  | 11.67 |  |  |  |  |  |  |
Options Outstanding at May 27, 2023 |  |  | 856 |  |  | $ | 9.07 |  |  |  |  |  |  |
Granted |  |  | 205 |  |  |  | 15.51 |  |  |  |  |  |  |
Exercised |  |  | (75 | ) |  |  | 7.91 |  |  |  |  |  |  |
Forfeited |  |  | (18 | ) |  |  | 9.32 |  |  |  |  |  |  |
Cancelled |  |  | (10 | ) |  |  | 11.70 |  |  |  |  |  |  |
Options Outstanding at June 1, 2024 |  |  | 958 |  |  | $ | 10.51 |  |  |  |  |  |  |
Granted |  |  | 184 |  |  |  | 11.89 |  |  |  |  |  |  |
Exercised |  |  | (47 | ) |  |  | 6.76 |  |  |  |  |  |  |
Forfeited |  |  | (6 | ) |  |  | 11.80 |  |  |  |  |  |  |
Cancelled |  |  | (17 | ) |  |  | 10.11 |  |  |  |  |  |  |
Options Outstanding at May 31, 2025 |  |  | 1,072 |  |  | $ | 10.91 |  |  |  | 6.3 |  |  | $ | 1,087 |
Options Vested at May 31, 2025 |  |  | 565 |  |  | $ | 9.27 |  |  |  | 4.8 |  |  | $ | 889 |
(1) Includes only those options that were in-the-money as of May 31, 2025. Stock options for which the exercise price exceeded the market price have been omitted. Fluctuations in the intrinsic value of both outstanding and exercisable options may result from changes in underlying stock price and timing and volume of option grants, exercises and forfeitures.
Schedule of Stock Options, Valuation Assumptions | The fair value of stock options is estimated using the Black-Scholes option-pricing model with the following weighted average assumptions:
|  | Fiscal Year Ended |
|  | May 31, 2025 |  |  | June 1, 2024 |  |  | May 27, 2023 |
Expected volatility |  |  | 48.07 | % |  |  | 44.80 | % |  |  | 39.12 | %
Risk-free interest rate |  |  | 4.17 | % |  |  | 4.02 | % |  |  | 3.09 | %
Expected live (years) |  |  | 5.67 |  |  |  | 5.61 |  |  |  | 5.47 |
Annual cash dividend |  | $ | 0.24 |  |  | $ | 0.24 |  |  | $ | 0.24 |
Schedule of Restricted Stock Award Transactions | As of May 31, 2025, a summary of restricted stock award transactions was as follows (in thousands):
|  | Unvested Restricted Shares |
Unvested at May 27, 2023 |  |  | 125 |
Granted |  |  | 45 |
Vested |  |  | (66 | )
Unvested at June 1, 2024 |  |  | 104 |
Granted |  |  | 74 |
Vested |  |  | (78 | )
Unvested at May 31, 2025 |  |  | 100 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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