Resources Connection (RGP) 10-Q 6 Apr 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Feb. 25, 2017	Mar. 27, 2017
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Feb. 25, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Trading Symbol	recn
Entity Registrant Name	RESOURCES CONNECTION INC
Entity Central Index Key	1,084,765
Current Fiscal Year End Date	--05-27
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		29,653,661

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 25, 2017	May 28, 2016
Current assets:
Cash and cash equivalents	$ 44,607	$ 91,089
Short-term investments		24,957
Trade accounts receivable, net of allowance for doubtful accounts of $2,627 and $2,994 as of February 25, 2017 and May 28, 2016, respectively	96,864	97,807
Prepaid expenses and other current assets	4,944	4,735
Income taxes receivable	2,620
Total current assets	149,035	218,588
Goodwill	170,068	171,183
Property and equipment, net	23,476	21,274
Deferred income taxes	904	4,237
Other assets	1,872	1,973
Total assets	345,355	417,255
Current liabilities:
Accounts payable and accrued expenses	14,188	13,606
Accrued salaries and related obligations	36,827	50,155
Other liabilities	7,530	7,123
Total current liabilities	58,545	70,884
Long-term debt	48,000
Other long-term liabilities	5,330	3,722
Total liabilities	111,875	74,606
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 5,000 shares authorized; zero shares issued and outstanding
Common stock, $0.01 par value, 70,000 shares authorized; 58,976 and 58,237 shares issued, and 29,646 and 36,229 shares outstanding as of February 25, 2017 and May 28, 2016, respectively	590	582
Additional paid-in capital	397,282	388,763
Accumulated other comprehensive loss	(13,329)	(10,794)
Retained earnings	330,841	327,954
Treasury stock at cost, 29,330 and 22,008 shares as of February 25, 2017 and May 28, 2016, respectively	(481,904)	(363,856)
Total stockholders' equity	233,480	342,649
Total liabilities and stockholders' equity	$ 345,355	$ 417,255

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Feb. 25, 2017	May 28, 2016
Consolidated Balance Sheets [Abstract]
Trade accounts receivable, allowance for doubtful accounts	$ 2,627	$ 2,994
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	58,976,000	58,237,000
Common stock, shares outstanding	29,646,000	36,229,000
Treasury stock at cost, shares	29,330,000	22,008,000

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016
Consolidated Statements Of Operations [Abstract]
Revenue	$ 143,844	$ 146,779	$ 434,791	$ 446,006
Direct cost of services, primarily payroll and related taxes for professional services employees	91,597	91,851	271,507	274,739
Gross margin	52,247	54,928	163,284	171,267
Selling, general and administrative expenses	45,376	43,318	135,046	130,446
Amortization of intangible assets		30		90
Depreciation expense	909	867	2,511	2,606
Income from operations	5,962	10,713	25,727	38,125
Interest expense	351		415
Interest income	(16)	(52)	(126)	(118)
Income before provision for income taxes	5,627	10,765	25,438	38,243
Provision for income taxes	2,743	4,808	11,224	16,477
Net income	$ 2,884	$ 5,957	$ 14,214	$ 21,766
Net income per common share:
Basic (per share)	$ 0.10	$ 0.16	$ 0.42	$ 0.59
Diluted (per share)	$ 0.09	$ 0.16	$ 0.41	$ 0.58
Weighted average common shares outstanding:
Basic (shares)	29,764	37,073	33,916	37,186
Diluted (shares)	30,584	37,615	34,550	37,777
Cash dividends declared per common share	$ 0.11	$ 0.10	$ 0.33	$ 0.30

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016
COMPREHENSIVE INCOME:
Net income	$ 2,884	$ 5,957	$ 14,214	$ 21,766
Foreign currency translation adjustment, net of tax	509	842	(2,535)	(830)
Total comprehensive income	$ 3,393	$ 6,799	$ 11,679	$ 20,936

Consolidated Statement Of Stock

Consolidated Statement Of Stockholders' Equity - 9 months ended Feb. 25, 2017 - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Total
Balance at May. 28, 2016	$ 582	$ 388,763	$ (363,856)	$ (10,794)	$ 327,954	$ 342,649
Balance (in shares) at May. 28, 2016	58,237		22,008			36,229
Exercise of stock options	$ 3	3,644				$ 3,647
Exercise of stock options (in shares)	289					289
Stock-based compensation expense		4,658				$ 4,658
Tax shortfall from stock-based compensation arrangements		(4,276)				(4,276)
Issuance of common stock under Employee Stock Purchase Plan	$ 4	4,493				4,497
Issuance of common stock under Employee Stock Purchase Plan (in shares)	359
Issuance of restricted stock	$ 1					1
Issuance of restricted stock (in shares)	92
Issuance of restricted stock out of treasury to board of director members			$ 838		(838)
Issuance of restricted stock out of treasury to board of director members (in shares)			(36)
Cancellation of shares (in shares)	(1)
Purchase of shares			$ (118,886)			(118,886)
Purchase of shares (in shares)			7,358
Cash dividends declared ($0.33 per share)					(10,489)	(10,489)
Currency translation adjustment				(2,535)		(2,535)
Net income					14,214	14,214
Balance at Feb. 25, 2017	$ 590	$ 397,282	$ (481,904)	$ (13,329)	$ 330,841	$ 233,480
Balance (in shares) at Feb. 25, 2017	58,976		29,330			29,646

Consolidated Statement Of Stoc7

Consolidated Statement Of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016
Consolidated Statement Of Stockholders' Equity
Cash dividends declared per common share	$ 0.11	$ 0.10	$ 0.33	$ 0.30

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($)	9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016
Cash flows from operating activities:
Net income	$ 14,214,000	$ 21,766,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	2,511,000	2,696,000
Stock-based compensation expense	4,658,000	5,028,000
Excess tax benefits from stock-based compensation	(6,000)	(185,000)
Loss (gain) on disposal of assets	20,000	(4,000)
Bad debt expense	214,000	1,118,000
Deferred income taxes	3,468,000	687,000
Changes in operating assets and liabilities:
Trade accounts receivable	(651,000)	(5,715,000)
Prepaid expenses and other current assets	(188,000)	(686,000)
Income taxes	(7,347,000)	(3,204,000)
Other assets	236,000	93,000
Accounts payable and accrued expenses	817,000	(799,000)
Accrued salaries and related obligations	(12,968,000)	(12,028,000)
Other liabilities	1,948,000	(1,720,000)
Net cash provided by operating activities	6,926,000	7,047,000
Cash flows from investing activities:
Redemption of short-term investments	24,957,000	35,000,000
Purchase of short-term investments		(34,983,000)
Proceeds from sale of fixed assets	215,000
Purchase of property and equipment	(4,039,000)	(1,676,000)
Net cash provided by (used in) investing activities	21,133,000	(1,659,000)
Cash flows from financing activities:
Proceeds from exercise of stock options	3,647,000	4,929,000
Proceeds from issuance of common stock under Employee Stock Purchase Plan	4,497,000	4,462,000
Purchase of common stock	(118,886,000)	(20,007,000)
Proceeds from use of Revolving Credit Facility	58,000,000
Repayment on Revolving Credit Facility	(10,000,000)
Debt issuance costs	(190,000)
Cash dividends paid	(10,859,000)	(10,410,000)
Excess tax benefits from stock-based compensation	6,000	185,000
Net cash used in financing activities	(73,785,000)	(20,841,000)
Effect of exchange rate changes on cash	(756,000)	(306,000)
Net decrease in cash	(46,482,000)	(15,759,000)
Cash and cash equivalents at beginning of period	91,089,000	87,250,000
Cash and cash equivalents at end of period	$ 44,607,000	$ 71,491,000

Description Of The Company And

Description Of The Company And Its Business	9 Months Ended
	Feb. 25, 2017
Description Of The Company And Its Business [Abstract]
Description Of The Company And Its Business	1. Description of the Company and its Business Resources Connection, Inc. (“Resources Connection”), a Delaware corporation, was incorporated on November 16, 1998. Resources Connection is a multinational professional services firm; its operating entities primarily provide services under the name Resources Global Professionals (“RGP” or the “Company”). The Company is organized around client service teams utilizing experienced professionals and provides consulting and business support services in the areas of accounting; finance; governance, risk and compliance management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management; and legal and regulatory. The Company has offices in the United States (“U.S.”), Asia, Australia, Canada, Europe and Mexico. The Company’s fiscal year consists of 52 or 53 weeks, ending on the last Saturday in May. The third quarters of fiscal 2017 and 2016 each consisted of 13 weeks.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	9 Months Ended
	Feb. 25, 2017
Summary Of Significant Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	2. Summary of Significant Accounting Policies Interim Financial Information The financial information as of and for the three and nine months ended February 25, 2017 and February 27, 2016 is unaudited but includes all adjustments (consisting only of normal recurring adjustments) that the Company considers necessary for a fair presentation of its financial position at such dates and the operating results and cash flows for those periods. The fiscal 2016 year-end balance sheet data was derived from audited financial statements, and certain information and note disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles in the U.S. (“GAAP”) have been condensed or omitted pursuant to Securities and Exchange Commission (“SEC”) rules or regulations; however, the Company believes the disclosures made are adequate to make the information presented not misleading. The results of operations for the interim periods presented are not necessarily indicative of the results of operations to be expected for the fiscal year. These condensed interim financial statements should be read in conjunction with the audited financial statements for the year ended May 28, 2016, which are included in the Company’s Annual Report on Form 10-K for the year then ended (File No. 0-32113). Cash, Cash Equivalents and Short-Term Investments The Company considers cash on hand, deposits in banks, and short-term investments purchased with an original maturity date of three months or less to be cash and cash equivalents. The carrying amounts reflected in the consolidated balance sheets for cash, cash equivalents and short-term investments approximate their fair values due to the short maturities of these instruments. Client Reimbursements of “Out-of-Pocket” Expenses The Company recognizes all reimbursements received from clients for “out-of-pocket” expenses as revenue and all such expenses as direct cost of services. Reimbursements received from clients were $2.5 million and $2.4 million for the three months ended February 25, 2017 and February 27, 2016, respectively, and $7.3 million and $8.0 million for the nine months ended February 25, 2017 and February 27, 2016, respectively. Foreign Currency Translation The financial statements of subsidiaries outside the U.S. are measured using the local currency as the functional currency. Assets and liabilities of these subsidiaries are translated at the exchange rates effective at the end of the period, income and expense items are translated at average exchange rates prevailing during the period and the related translation adjustments are recorded as a component of accumulated other comprehensive income or loss within the Consolidated Balance Sheets. Gains and losses from foreign currency transactions are included in the Consolidated Statements of Operations. Net Income Per Share Information The Company presents both basic and diluted earnings per common share (“EPS”). Basic EPS is calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted EPS is based upon the weighted average number of common and common equivalent shares outstanding during the period, calculated using the treasury stock method for stock options. Under the treasury stock method, assumed proceeds include the amount the employee must pay for exercising stock options, the amount of compensation cost for future services that the Company has not yet recognized and the amount of tax benefits that would be recorded in additional paid-in capital when the award becomes deductible. Common equivalent shares are excluded from the computation in periods in which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price per common share over the period are anti-dilutive and are excluded from the calculation. The following table summarizes the calculation of net income per common share for the periods indicated (amounts in thousands, except per share amounts):    Three Months Ended Nine Months Ended  February 25, February 27, February 25, February 27,  2017 2016 2017 2016  Net income $ 2,884 $ 5,957 $ 14,214 $ 21,766  Basic:  Weighted average shares 29,764 37,073 33,916 37,186  Diluted:  Weighted average shares 29,764 37,073 33,916 37,186  Potentially dilutive shares 820 542 634 591  Total dilutive shares 30,584 37,615 34,550 37,777  Net income per common share:  Basic $ 0.10 $ 0.16 $ 0.42 $ 0.59  Dilutive $ 0.09 $ 0.16 $ 0.41 $ 0.58  Anti-dilutive shares not included above 4,189 5,286 4,678 4,690  Stock-Based Compensation The Company recognizes compensation expense for all share-based awards made to employees and directors, including employee stock options, restricted stock grants and employee stock purchases made via the Company’s Employee Stock Purchase Plan (the “ESPP”), based on estimated fair value at the date of grant. The Company estimates the fair value of share-based awards on the date of grant using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as an expense over the requisite service periods. Stock option awards vest over four years and restricted stock award vesting is determined on an individual grant basis under the Company’s 2014 Performance Incentive Plan (“2014 Plan”). The Company determines the estimated value of stock option awards using the Black-Scholes valuation model. The Company recognizes stock-based compensation expense on a straight-line basis over the service period for options and restricted stock that are expected to vest and records adjustments to compensation expense at the end of the service period if actual forfeitures differ from original estimates. See Note 8 — Stock-Based Compensation Plans for further information on the 2014 Plan and stock-based compensation. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although management believes these estimates and assumptions are adequate, actual results could differ from the estimates and assumptions used.

Intangible Assets And Goodwill

Intangible Assets And Goodwill	9 Months Ended
	Feb. 25, 2017
Intangible Assets And Goodwill [Abstract]
Intangible Assets And Goodwill	 3. Intangible Assets and Goodwill Amortization of the Company’s intangible assets was completed during fiscal 2016 and there was no outstanding balance of intangibles as of February 25, 2017 or May 28, 2016. Amortization expense related to trade name and trademark intangibles was $30,000 and $90,000 for the three and nine months ended February 27, 2016, respectively. The following table summarizes the activity in the Company’s goodwill balance (amounts in thousands):     For the Nine Months Ended  February 25, February 27,  2017 2016  Goodwill, beginning of year $ 171,183 $ 170,878  Impact of foreign currency exchange rate changes (1,115) (10)  Goodwill, end of period $ 170,068 $ 170,868 

Income Taxes

Income Taxes	9 Months Ended
	Feb. 25, 2017
Income Taxes [Abstract]
Income Taxes	4. Income Taxes The Company’s provision for income taxes was $2.7 million (effective tax rate of approximately 49 %) and $4.8 million (effective tax rate of approximately 44 %) for the three months ended February 25, 2017 and February 27, 2016, respectively, and $11.2 million (effective tax rate of approximately 44% ) and $16.5 million (effective tax rate of approximately 43% ) for the nine months ended February 25 , 201 7 and February 27 , 201 6, respectively . The Company records tax expense based upon an actual effective tax rate versus a forecasted tax rate because of the volatility in its international operations which span numerous tax jurisdictions. The provision for income taxes in the three and nine months ended February 25, 2017 and February 27, 2016 results from taxes on income in the U.S. and certain other foreign jurisdictions, no benefit for losses in jurisdictions in which a full valuation allowance on operating loss carryforwards had previously been established and a lower benefit for losses in certain foreign jurisdictions with tax rates lower than the U.S. statutory rates. The effective tax rate in creased for the three months ended February 25, 2017 due to the lower profitability in the Company’s domestic and foreign operations , increasing the percentage impact of permanent differences between book and tax income. The Company recognized a benefit of approximately $673,000 and $488,000 related to stock-based compensation for nonqualified stock options expensed and for disqualifying dispositions under the ESPP during the third quarter of fiscal 2017 and 2016, respectively, and $1.7 million for both the nine months ended February 25 , 201 7 and February 27 , 201 6. See Note 12 — Recent Accounting Pronouncements , for a discussion of the early adoption of Accounting Standards Update (“ASU”) 2015-17, related to the b alance sheet classification of deferred income taxes .

Long-Term Debt

Long-Term Debt	9 Months Ended
	Feb. 25, 2017
Long-Term Debt [Abstract]
Long-Term Debt	5. Long-Term Debt  In October 2016, the Company entered into a $120 million secured revolving credit facility (“Facility”) with Bank of America, consisting of (i) a $90 million revolving loan facility, which includes a $5 million sublimit for the issuance of standby letters of credit (“Revolving Loan”), and (ii) a $30 million reducing revolving loan facility, any amounts of which may not be reborrowed after being repaid (“Reducing Revolving Loan”). The Facility is available for working capital and general corporate purposes, including potential acquisitions and stock repurchases. Our obligations under the Facility are guaranteed by all of the Company’s domestic subsidiaries and secured by essentially all assets of the Company, Resources Connection LLC and their domestic subsidiaries, subject to certain customary exclusions. Borrowings under the Facility bear interest at a rate per annum of either, at the Company’s option, (i) a LIBO rate defined in the Facility plus a margin of 1.25% or 1.50% or (ii) an alternate base rate, plus a margin of 0.25% or 0.50%, with the applicable margin depending on the Company's consolidated leverage ratio. The alternate base rate is the highest of (i) Bank of America’s prime rate, (ii) the federal funds rate plus 0.50% and (iii) the Eurodollar rate plus 1.0% . The Company pays an unused commitment fee on the average daily unused portion of the Facility at a rate of 0.15% to 0.25% depending upon on the Company’s consolidated leverage ratio. The Facility expires October 17, 2021 .  In November 2016, the Company borrowed $58.0 million under the Facility to fund a portion of the purchase price of its modified Dutch auction tender offer. See Note 6 – Stockholders’ Equity , for additional information about the tender offer. During the third quarter of fiscal 2017, the Company reduced the amount borrowed by $10.0 million. As of February 25, 2017, the outstanding balance on the Facility wa s $49.2 million, including $1.2 million of outstanding letters of credit issued under the Facility. There is $40.8 million remaining to borrow under the Revolving Loan and $30.0 million remaining under the Reducing Revolving Loan as of February 25, 2017. As of February 25, 2017, the interest rate on the Company’s borrowings was 2.28% on one tranche of $24.0 million based on a 1-month LIBOR plus 1.5% and 2.5% on a second tranche of $24.0 million based on a 3-month LIBOR plus 1.5% .  The Facility contains both affirmative and negative covenants. Covenants include, but are not limited to, limitations on the Company’s and its subsidiaries’ ability to incur liens, incur additional indebtedness, make certain restricted payments, merge or consolidate and make disposition of assets. In addition, the Facility requires us to comply with financial covenants limiting the Company’s total funded debt, minimum interest coverage ratio and maximum leverage ratio. The Company was in compliance with all financial covenants under the Facility as of February 25, 2017.  Upon the occurrence of an event of default under the Facility, the lender may cease making loans, terminate the Facility and declare all amounts outstanding to be immediately due and payable. The Facility specifies a number of events of default (some of which are subject to applicable grace or cure periods), including, among other things, non-payment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults and material judgment defaults.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Feb. 25, 2017
Stockholders' Equity [Abstract]
Stockholders' Equity	 6. Stockholders’ Equity Stock Repurchase Program In July 2015, the Company’s board of directors approved a stock repurchase program (the “July 2015 program”), authorizing the repurchase, at the discretion of the Company’s senior executives, of the Company’s common stock for an aggregate dollar limit not to exceed $150 million. Repurchases under the program may take place in the open market or in privately negotiated transactions and may be made pursuant to a Rule 10b5-1 plan. During the three months ended February 25 , 201 7 , the Company purchased 400,102 shares of its common stock on the open market at an average price of $17.31 per share, for approximately $6.9 million . As of February 25 , 201 7 , approximately $125.1 million remained available for future repurchases of the Company’s common stock under the July 2015 program. Tender Offer for Common Stock In O ctober 2016, the Company commenced a modified Dutch auction tender offer to purchase up to 6,000,000 shares of common stock at a price not greater than $16.00 per share and not less than $13.50 per share. In November 2016, the Company exercised its right to increase the size of the tender offer by up to 2.0% of its outstanding common stock. The tender offer period expired on November 15, 2016 and on November 22, 2016, the Company purchased 6,515,264 shares of its common stock at a per share price of $16.00, excluding transaction costs, for approximately $104.2 million. These shares are currently held as treasury stock. The tender offer was funded through borrowings of $58.0 million under the Facility and the remainder with cash on hand. During the nine months ended February 25, 2017, the Company purchased 843,358 shares of its common stock on the open market at an average price of $15.99 per share, for approximately $13.5 million. 

Supplemental Disclosure Of Cash

Supplemental Disclosure Of Cash Flow Information	9 Months Ended
	Feb. 25, 2017
Supplemental Disclosure Of Cash Flow Information [Abstract]
Supplemental Disclosure Of Cash Flow Information	7 . Supplemental Disclosure of Cash Flow Information The following table presents information regarding income taxes paid and non-cash investing and financing activities (amounts in thousands):       For the Nine Months Ended  February 25, February 27,  2017 2016   Income taxes paid $ 15,116 $ 18,975  Non-cash investing and financing activities:  Capitalized leasehold improvements paid directly by landlord $ 1,026 $ 405  Dividends declared, not paid $ 3,295 $ 3,675  

Stock-Based Compensation Plans

Stock-Based Compensation Plans	9 Months Ended
	Feb. 25, 2017
Stock-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	8. Stock-Based Compensation Plans Stock Options and Restricted Stock The maximum number of shares of the Company’s common stock that may be issued or transferred pursuant to awards under the 2014 Plan equals the sum of: (1) 2,400,000 shares, plus (2) the number of shares subject to stock options granted under the Resources Connection, Inc. 2004 Performance Incentive Plan and the 1999 Long Term Incentive Plan (the “Prior Stock Plans”) and outstanding as of September 3, 2014 (the date at which the Prior Stock Plans terminated), which expire, or for any reason are cancelled or terminated, after that date without being exercised, plus (3) the number of shares subject to restricted stock, restricted stock unit and other full-value awards granted under the Prior Stock Plans that were outstanding and unvested as of September 3, 2014, which are forfeited, terminated, cancelled, or otherwise reacquired after that date without having become vested. As of February 25, 201 7 , 2,636,000 shares were available for award grant purposes under the 2014 Plan, subject to future increases as described in (2) and (3) above and subject to increase as then-outstanding awards expire or terminate without having become vested or exercised, as applicable. Awards under the 2014 Plan may include, but are not limited to, stock options and restricted stock grants. Stock option grants generally vest in equal annual installments over four years and terminate ten years from the date of grant. Restricted stock award vesting is determined on an individual grant basis. Awards of restricted stock under the 2014 Plan will be counted against the available share limit as two and a half shares for every one share actually issued in connection with the award. The Company’s policy is to issue shares from its authorized shares upon the exercise of stock options. The following table summarizes the stock option activity for the nine months ended February 25, 2017 (number of shares under option and aggregate intrinsic value in thousands):       Number of Shares Under Option Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value  Outstanding at May 28, 2016 7,347 $ 16.08 5.41 $ 10,109  Granted, at fair market value 1,212 $ 14.52  Exercised (289) $ 12.60  Forfeited (172) $ 14.12  Expired (787) $ 29.97  Outstanding at February 25, 2017 7,311 $ 15.12 5.82 $ 17,797  Exercisable at February 25, 2017 4,655 $ 15.66 4.27 $ 10,300  Vested and expected to vest at February 25, 2017 7,040 $ 15.14 5.69 $ 17,183  The aggregate intrinsic value in the table above represents the total pretax intrinsic value, which is the difference between the Company’s closing stock price on the last trading day of the third quarter of fiscal 2017 and the exercise price multiplied by the number of shares that would have been received by the option holders if they had exercised their “in the money” options on February 25, 2017. This amount will change based on changes in the fair market value of the Company’s common stock. The aggregate intrinsic value of stock options exercised for the three months ended February 25 , 201 7 and February 27, 2016 was $514,000 and $15,000 , respectively, and for the nine months ended February 25, 2017 and February 27, 2016 was $1.0 million and $1.8 million, respectively . Stock-Based Compensation Expense As of February 25, 201 7 , there was $8.3 million of total unrecognized compensation cost related to un vested employee stock options granted. That cost is expected to be recognized over a weighted-average period of 33 months . Stock-ba sed compensation expense included in selling, general and administrative expenses was $1.5 million for both the three months ended February 25 , 201 7 and February 27 , 201 6 , and $4.7 million and $5.0 million for the nine months ended February 25 , 201 7 and February 27 , 201 6, respectively ; this consisted of stock-based compensation expense related to employee stock options, employee stock purchases made via the Company’s ESPP and restricted stock awards. Included in stock-based compensation expense for the nine months ended February 25, 2017 was non-cash stock-based compensation expense of approximately $400,000 related to the accelerated vesting of options previously granted to a senior executive in connection with his departure from the Company. Included in stock-based compensation expense for the nine months ended February 27, 2016 was approximately $900,000 related to the accelerated vesting of options previously granted to Donald Murray in connection with his transition from Executive Chairman to Chairman . There were no capitalized share-based compensation costs during the nine months ended February 25, 2017 and February 27 , 201 6 . The Company granted 110,987 shares and 127,720 shares of restricted stock during the three and nine months ended February 25 , 201 7, respectively, and 44,275 shares and 50,354 shares of restricted stock during the three and nine months ended February 27 , 201 6 , respectively. Stock-based compensation expense for existing restricted stock awards for the three months ended February 25 , 201 7 and February 27 , 201 6 was $212,000 and $154,000 , respectively, and $561,000 and $440,000 for the nine months ended February 25 , 201 7 and February 27 , 201 6, respectively . There were 189,612 unvested restricted shares, with approximately $2.9 million of remaining unrecognized compensation cost, as of February 25 , 2017 . The Company recognizes compensation expense for only the portion of stock options and restricted stock that is expected to vest, rather than recording forfeitures when they occur. If the actual number of forfeitures differs from that estimated by management, additional adjustments to compensation expense may be required in future periods. The Company reflects, in its Consolidated Statements of Cash Flows, the tax impact resulting from tax deductions in excess of expense recognized in its Consolidated Statements of Operations as a financing cash flow, which will impact the Company’s future reported cash flows from operating activities. Gross excess tax benefits totaled $6,000 and $185,000 for the nine months ended February 25 , 201 7 and February 27 , 201 6, respectively. Employee Stock Purchase Plan The Company’s ESPP allows qualified employees (as defined in the ESPP) to purchase designated shares of the Company’s common stock at a price equal to 85% of the lesser of the fair market value of common stock at the beginning or end of each semi-annual stock purchase period. The ESPP’s term expires October 16, 2024. A total of 5,900,000 shares of common stock may be issued under the ESPP. The Company issued 359,000 and 325,000 shares of common stock pursuant to the ESPP during the nine m onths ended February 25, 2017 and the year ended May 28 , 201 6 , respectively. T here were 918,000 shares of common stock available for issuance under the ESPP as of February 25, 2017.

Segment Information And Enterpr

Segment Information And Enterprise Reporting	9 Months Ended
	Feb. 25, 2017
Segment Information And Enterprise Reporting [Abstract]
Segment Information And Enterprise Reporting	 9. Segment Information and Enterprise Reporting The Company discloses information regarding operations outside of the U.S. The Company operates as one segment. The accounting policies for the domestic and international operations are the same as those described in Note 2 - Summary of Significant Accounting Policies in the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended May 28, 2016. Summarized information regarding the Company’s domestic and international operations is shown in the following table (amounts in thousands):    Revenue for the Revenue for the  Three Months Ended Nine Months Ended Long-Lived Assets (1) as of  February 25, February 27, February 25, February 27, February 25, May 28,  2017 2016 2017 2016 2017 2016  United States $ 116,920 $ 121,016 $ 350,205 $ 364,659 $ 174,168 $ 172,155  The Netherlands 3,992 3,830 12,683 11,572 17,070 17,728  Other 22,932 21,933 71,903 69,775 2,306 2,574  Total $ 143,844 $ 146,779 $ 434,791 $ 446,006 $ 193,544 $ 192,457 (1) Long-lived assets are comprised of goodwill and property and equipment.

Legal Proceedings

Legal Proceedings	9 Months Ended
	Feb. 25, 2017
Legal Proceedings [Abstract]
Legal Proceedings	10. Legal Proceedings The Company is involved in certain legal matters arising in the ordinary course of business. In the opinion of management, all such matters, if disposed of unfavorably, would not have a material adverse effect on the Company’s financial position, cash flows or results of operations. 

Subsequent Event

Subsequent Event	9 Months Ended
	Feb. 25, 2017
Subsequent Event [Abstract]
Subsequent Event	11. Subsequent Event  On April 5, 2017, the Company announced a restructuring plan involving a reduction in 60 management and administrative positions (approximately 7.7% of management and administrative headcount) as well as the consolidation of two offices into existing locations within a reasonable proximity. The Company will record approximately $2.0 - $2.5 million for severance and termination costs in the quarter ended May 27, 2017. On an annualized basis, these actions should produce cost savings of approximately $7.0 million.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Feb. 25, 2017
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	12. Recent Accounting Pronouncements  Accounting Pronouncements Adopted During Current Fiscal Year  Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. In November 2015, the Financial Accounting Standards Board (“FASB”) issued ASU 2015-17. The standard requires that deferred tax assets and liabilities be classified as noncurrent on the balance sheet rather than being separated into current and noncurrent portions. ASU 2015-17 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. As permitted, the Company early adopted ASU 2015-17 during the first quarter of fiscal year 2017 on a retrospective basis. Accordingly, current deferred taxes have been reclassified as noncurrent on the May 28, 2016 Consolidated Balance Sheet . T his reclassification decreased current deferred tax assets by $8.4 million and increased noncurrent deferred tax assets by $8.4 million . The Company also netted noncurrent deferred tax liabilities of $5.0 million against noncurrent deferred tax assets.  Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments. In September 2015, the FASB issued ASU 2015-16. This ASU eliminates the requirement to retrospectively account for changes to provisional amounts initially recorded in a business combination. ASU 2015-16 requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustments are determined, including the effect of the change in provisional amount as if the accounting had been completed at the acquisition date. The Company adopted this guidance as of the beginning of fiscal 2017 and will consider it during future business combinations.  Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. In August 2014, the FASB issued ASU 2014-15.This ASU provides new guidance regarding management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and to provide related footnote disclosures. The Company adopted this guidance as of the beginning of fiscal 2017.  Compensation-Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. In June 2014, the FASB issued ASU 2014-12. This ASU provides new guidance requiring that a performance target that affects vesting and could be achieved after the requisite service period be treated as a performance condition. The Company adopted this guidance as of the beginning of fiscal 2017. The Company does not currently have any performance based awards and thus the adoption has not had a material impact on its consolidated financial statements. Accounting Pronouncements Pending Adoption Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In August 2016, the FASB issued ASU 2016-15, which provides authoritative guidance designed to address diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. Examples include cash payments for debt prepayment or debt extinguishment; contingent consideration payments made after a business combination; and proceeds from the settlement of corporate-owned life insurance policies. The new standard is effective for financial statements for annual and interim periods within those annual periods beginning after December 15, 2017 (for the Company, fiscal 2019). Early adoption is permitted. The Company believes the adoption of this guidance will not have a material impact on its consolidated financial statements. Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. In March 2016, the FASB issued ASU 2016-09. The new standard modifies several aspects of the accounting and reporting for employee share-based payments and related tax accounting impacts, including the presentation in the statements of operations and cash flows of certain tax benefits or deficiencies and employee tax withholdings, as well as the accounting for award forfeitures over the vesting period. The new standard is effective for financial statements for annual and interim periods within those annual periods beginning after December 15, 2016 (for the Company, fiscal 2018); early adoption is permitted. T he Company is currently evaluating the impact the adoption of this new standard will have on its consolidated financial statements but anticipates three potential impacts: a) added volatility to the Company’s effective tax rate from the change in accounting for income taxes; b) changes to its classification of excess tax benefits on the Consolidated Statement of Cash Flows; and c) change in the accounting for forfeitures, as the guidance allows the Company to account for forfeitures as they occur, rather than estimating the expected forfeitures over the course of the vesting period. The Company will continue to evaluate the impact of adoption of this guidance and its preliminary assessments are subject to change. Leases (Topic 842): Leases. In February 2016, the FASB issued ASU 2016-02, which amends the existing guidance to require lessees to recognize operating lease obligations on their balance sheets by recording the rights and obligations created by those leases. The requirements are effective for financial statements for annual periods and interim periods within those annual periods beginning after December 15, 2018 (for the Company, fiscal 2020), and early adoption is permitted. The Company is currently evaluating the impact that ASU 2016-02 will have on its consolidated financial statements and believes that it will have a significant impact on the Company’s reported balance sheet assets and liabilities. Under current accounting guidelines, the Company’s office leases are operating lease arrangements, in which rental payments are treated as operating expenses and there is no recognition of the arrangement on the balance sheet as an asset with related obligation to the lessor. Revenue from Contracts with Customers (Topic 606) : In May 2014, the FASB issued ASU 2014-09, a comprehensive new revenue recognition standard that will supersede most existing revenue recognition guidance and is intended to improve and converge revenue recognition and related financial reporting requirements. The core principle of this guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides a number of steps to apply to achieve that core principle and requires additional disclosures. In August 2015, the FASB issued ASU 2015-14, which delays the required implementation date for the Company until fiscal 2019, although the Company has the option to adopt this guidance beginning in fiscal 2018. The standard allows for either “full retrospective” adoption, meaning the standard is applied to all periods presented, or “cumulative effect” adoption, meaning the standard is applied only to the most current period presented in the financial statements. In addition, in March 2016, the FASB issued ASU 2016-12, Narrow-Scope Improvements and Practical Expedients (Topic 606), which provides clarifying guidance in certain areas and adds some practical expedients. The effective date for this ASU is the same as the effective date for ASU 2014-09. We intend to implement the standard using the modified retrospective approach, which recognizes the cumulative effect (if any) of application recognized on that date. The Company is currently evaluating the impact of adoption of this guidance, including required disclosures, and based upon our current analysis, does not expect a significant impact on processes, systems or controls. The Company will continue to evaluate the impact of adoption of this guidance and its preliminary assessments are subject to change.  Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants and the SEC did not, or are not expected to, have a material effect on the Company’s results of operations, financial position or cash flows.

Summary Of Significant Accoun21

Summary Of Significant Accounting Policies (Policy)	9 Months Ended
	Feb. 25, 2017
Summary Of Significant Accounting Policies [Abstract]
Interim Financial Information	Interim Financial Information The financial information as of and for the three and nine months ended February 25, 2017 and February 27, 2016 is unaudited but includes all adjustments (consisting only of normal recurring adjustments) that the Company considers necessary for a fair presentation of its financial position at such dates and the operating results and cash flows for those periods. The fiscal 2016 year-end balance sheet data was derived from audited financial statements, and certain information and note disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles in the U.S. (“GAAP”) have been condensed or omitted pursuant to Securities and Exchange Commission (“SEC”) rules or regulations; however, the Company believes the disclosures made are adequate to make the information presented not misleading. The results of operations for the interim periods presented are not necessarily indicative of the results of operations to be expected for the fiscal year. These condensed interim financial statements should be read in conjunction with the audited financial statements for the year ended May 28, 2016, which are included in the Company’s Annual Report on Form 10-K for the year then ended (File No. 0-32113).
Cash, Cash Equivalents And Short-Term Investments	Cash, Cash Equivalents and Short-Term Investments The Company considers cash on hand, deposits in banks, and short-term investments purchased with an original maturity date of three months or less to be cash and cash equivalents. The carrying amounts reflected in the consolidated balance sheets for cash, cash equivalents and short-term investments approximate their fair values due to the short maturities of these instruments.
Client Reimbursements Of "Out-Of-Pocket" Expenses	Client Reimbursements of “Out-of-Pocket” Expenses The Company recognizes all reimbursements received from clients for “out-of-pocket” expenses as revenue and all such expenses as direct cost of services. Reimbursements received from clients were $2.5 million and $2.4 million for the three months ended February 25, 2017 and February 27, 2016, respectively, and $7.3 million and $8.0 million for the nine months ended February 25, 2017 and February 27, 2016, respectively.
Foreign Currency Translation	Foreign Currency Translation The financial statements of subsidiaries outside the U.S. are measured using the local currency as the functional currency. Assets and liabilities of these subsidiaries are translated at the exchange rates effective at the end of the period, income and expense items are translated at average exchange rates prevailing during the period and the related translation adjustments are recorded as a component of accumulated other comprehensive income or loss within the Consolidated Balance Sheets. Gains and losses from foreign currency transactions are included in the Consolidated Statements of Operations.
Net Income Per Share Information	Net Income Per Share Information The Company presents both basic and diluted earnings per common share (“EPS”). Basic EPS is calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted EPS is based upon the weighted average number of common and common equivalent shares outstanding during the period, calculated using the treasury stock method for stock options. Under the treasury stock method, assumed proceeds include the amount the employee must pay for exercising stock options, the amount of compensation cost for future services that the Company has not yet recognized and the amount of tax benefits that would be recorded in additional paid-in capital when the award becomes deductible. Common equivalent shares are excluded from the computation in periods in which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price per common share over the period are anti-dilutive and are excluded from the calculation. The following table summarizes the calculation of net income per common share for the periods indicated (amounts in thousands, except per share amounts):    Three Months Ended Nine Months Ended  February 25, February 27, February 25, February 27,  2017 2016 2017 2016  Net income $ 2,884 $ 5,957 $ 14,214 $ 21,766  Basic:  Weighted average shares 29,764 37,073 33,916 37,186  Diluted:  Weighted average shares 29,764 37,073 33,916 37,186  Potentially dilutive shares 820 542 634 591  Total dilutive shares 30,584 37,615 34,550 37,777  Net income per common share:  Basic $ 0.10 $ 0.16 $ 0.42 $ 0.59  Dilutive $ 0.09 $ 0.16 $ 0.41 $ 0.58  Anti-dilutive shares not included above 4,189 5,286 4,678 4,690 
Stock-Based Compensation	Stock-Based Compensation The Company recognizes compensation expense for all share-based awards made to employees and directors, including employee stock options, restricted stock grants and employee stock purchases made via the Company’s Employee Stock Purchase Plan (the “ESPP”), based on estimated fair value at the date of grant. The Company estimates the fair value of share-based awards on the date of grant using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as an expense over the requisite service periods. Stock option awards vest over four years and restricted stock award vesting is determined on an individual grant basis under the Company’s 2014 Performance Incentive Plan (“2014 Plan”). The Company determines the estimated value of stock option awards using the Black-Scholes valuation model. The Company recognizes stock-based compensation expense on a straight-line basis over the service period for options and restricted stock that are expected to vest and records adjustments to compensation expense at the end of the service period if actual forfeitures differ from original estimates. See Note 8 — Stock-Based Compensation Plans for further information on the 2014 Plan and stock-based compensation.
Use Of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although management believes these estimates and assumptions are adequate, actual results could differ from the estimates and assumptions used.

Summary Of Significant Accoun22

Summary Of Significant Accounting Policies (Tables)	9 Months Ended
	Feb. 25, 2017
Summary Of Significant Accounting Policies [Abstract]
Calculation Of Net Income Per Share	   Three Months Ended Nine Months Ended  February 25, February 27, February 25, February 27,  2017 2016 2017 2016  Net income $ 2,884 $ 5,957 $ 14,214 $ 21,766  Basic:  Weighted average shares 29,764 37,073 33,916 37,186  Diluted:  Weighted average shares 29,764 37,073 33,916 37,186  Potentially dilutive shares 820 542 634 591  Total dilutive shares 30,584 37,615 34,550 37,777  Net income per common share:  Basic $ 0.10 $ 0.16 $ 0.42 $ 0.59  Dilutive $ 0.09 $ 0.16 $ 0.41 $ 0.58  Anti-dilutive shares not included above 4,189 5,286 4,678 4,690 

Intangible Assets And Goodwill

Intangible Assets And Goodwill (Tables)	9 Months Ended
	Feb. 25, 2017
Intangible Assets And Goodwill [Abstract]
Summary Of Activity In Goodwill Balance	   For the Nine Months Ended  February 25, February 27,  2017 2016  Goodwill, beginning of year $ 171,183 $ 170,878  Impact of foreign currency exchange rate changes (1,115) (10)  Goodwill, end of period $ 170,068 $ 170,868 

Supplemental Disclosure Of Ca24

Supplemental Disclosure Of Cash Flow Information (Tables)	9 Months Ended
	Feb. 25, 2017
Supplemental Disclosure Of Cash Flow Information [Abstract]
Schedule Of Additional Information Regarding Cash Flows	   For the Nine Months Ended  February 25, February 27,  2017 2016   Income taxes paid $ 15,116 $ 18,975  Non-cash investing and financing activities:  Capitalized leasehold improvements paid directly by landlord $ 1,026 $ 405  Dividends declared, not paid $ 3,295 $ 3,675  

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	9 Months Ended
	Feb. 25, 2017
Stock-Based Compensation Plans [Abstract]
Schedule Of Stock Option Activity	   Number of Shares Under Option Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value  Outstanding at May 28, 2016 7,347 $ 16.08 5.41 $ 10,109  Granted, at fair market value 1,212 $ 14.52  Exercised (289) $ 12.60  Forfeited (172) $ 14.12  Expired (787) $ 29.97  Outstanding at February 25, 2017 7,311 $ 15.12 5.82 $ 17,797  Exercisable at February 25, 2017 4,655 $ 15.66 4.27 $ 10,300  Vested and expected to vest at February 25, 2017 7,040 $ 15.14 5.69 $ 17,183 

Segment Information And Enter26

Segment Information And Enterprise Reporting (Tables)	9 Months Ended
	Feb. 25, 2017
Segment Information And Enterprise Reporting [Abstract]
Schedule Of Revenue From External Customers And Long-Lived Assets, By Geographical Areas	   Revenue for the Revenue for the  Three Months Ended Nine Months Ended Long-Lived Assets (1) as of  February 25, February 27, February 25, February 27, February 25, May 28,  2017 2016 2017 2016 2017 2016  United States $ 116,920 $ 121,016 $ 350,205 $ 364,659 $ 174,168 $ 172,155  The Netherlands 3,992 3,830 12,683 11,572 17,070 17,728  Other 22,932 21,933 71,903 69,775 2,306 2,574  Total $ 143,844 $ 146,779 $ 434,791 $ 446,006 $ 193,544 $ 192,457 (1) Long-lived assets are comprised of goodwill and property and equipment.

Summary Of Significant Accoun27

Summary Of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016
Summary Of Significant Accounting Policies [Line Items]
Reimbursements received from clients for "out-of-pocket" expenses	$ 2.5	$ 2.4	$ 7.3	$ 8
Stock options vesting period			4 years
Stock Incentive Plan 2014 [Member]
Summary Of Significant Accounting Policies [Line Items]
Stock options vesting period			4 years

Summary Of Significant Accoun28

Summary Of Significant Accounting Policies (Calculation Of Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016
Summary Of Significant Accounting Policies [Abstract]
Net income	$ 2,884	$ 5,957	$ 14,214	$ 21,766
Basic:
Weighted average shares	29,764	37,073	33,916	37,186
Diluted:
Weighted average shares	29,764	37,073	33,916	37,186
Potentially dilutive shares	820	542	634	591
Total dilutive shares	30,584	37,615	34,550	37,777
Net income per common share:
Basic (per share)	$ 0.10	$ 0.16	$ 0.42	$ 0.59
Diluted (per share)	$ 0.09	$ 0.16	$ 0.41	$ 0.58
Anti-dilutive shares not included above	4,189	5,286	4,678	4,690

Intangible Assets And Goodwil29

Intangible Assets And Goodwill (Narrative) (Details) - USD ($)	3 Months Ended	9 Months Ended
	Feb. 27, 2016	Feb. 27, 2016	Feb. 25, 2017	May 28, 2016
Intangible Assets And Goodwill [Abstract]
Intangible assets, net			$ 0	$ 0
Amortization expense	$ 30,000	$ 90,000

Intangible Assets And Goodwil30

Intangible Assets And Goodwill (Summary Of Activity In Goodwill Balance) (Details) - USD ($) $ in Thousands	9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016
Intangible Assets And Goodwill [Abstract]
Goodwill, beginning of year	$ 171,183	$ 170,878
Impact of foreign currency exchange rate changes	(1,115)	(10)
Goodwill, end of period	$ 170,068	$ 170,868

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016
Income Taxes [Abstract]
Provision for income taxes	$ 2,743,000	$ 4,808,000	$ 11,224,000	$ 16,477,000
Effective tax rate	49.00%	44.00%	44.00%	43.00%
Tax benefit related to stock-based compensation	$ 673,000	$ 488,000	$ 1,700,000	$ 1,700,000

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended
	Nov. 30, 2016	Feb. 25, 2017	Feb. 25, 2017
Debt Instrument [Line Items]
Proceeds from use of Revolving Credit Facility			$ 58,000
Repayment of Revolving Credit Facility			10,000
Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		$ 120,000	$ 120,000
Credit facility, expiration date			Oct. 17, 2021
Proceeds from use of Revolving Credit Facility	$ 58,000
Repayment of Revolving Credit Facility		10,000
Credit facility, outstanding balance		49,200	$ 49,200
Credit Facility [Member] | Federal Funds Rate [Member]
Debt Instrument [Line Items]
Interest spread on variable rate			0.50%
Credit Facility [Member] | Eurodollar Rate [Member]
Debt Instrument [Line Items]
Interest spread on variable rate			1.00%
Credit Facility [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		90,000	$ 90,000
Credit facility, remaining borrowing capacity		$ 40,800	$ 40,800
Credit Facility [Member] | Revolving Credit Facility [Member] | 1-Month LIBOR [Member]
Debt Instrument [Line Items]
Interest spread on variable rate		1.50%
Credit facility, effective interest rate		2.28%	2.28%
Proceeds from use of Revolving Credit Facility	24,000
Credit Facility [Member] | Revolving Credit Facility [Member] | 3-Month LIBOR [Member]
Debt Instrument [Line Items]
Interest spread on variable rate		1.50%
Credit facility, effective interest rate		2.50%	2.50%
Proceeds from use of Revolving Credit Facility	$ 24,000
Credit Facility [Member] | Reducing Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		$ 30,000	$ 30,000
Credit facility, remaining borrowing capacity		30,000	30,000
Credit Facility [Member] | Letter of Credit [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		5,000	5,000
Credit facility, outstanding balance		$ 1,200	$ 1,200
Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Credit facility, commitment fee			0.15%
Credit Facility [Member] | Minimum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest spread on variable rate			1.25%
Credit Facility [Member] | Minimum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Interest spread on variable rate			0.25%
Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Credit facility, commitment fee			0.25%
Credit Facility [Member] | Maximum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest spread on variable rate			1.50%
Credit Facility [Member] | Maximum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Interest spread on variable rate			0.50%

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 22, 2016	Nov. 30, 2016	Oct. 31, 2016	Feb. 25, 2017	Feb. 25, 2017	Jul. 31, 2015
Stockholders' Equity Disclosure [Line Items]
Cost of shares repurchased					$ 118,886
Proceeds from use of Revolving Credit Facility					$ 58,000
Tender Offer For Common Stock [Member]
Stockholders' Equity Disclosure [Line Items]
Purchase of common stock (in shares)					843,358
Common stock shares repurchased, price per share					$ 15.99
Cost of shares repurchased					$ 13,500
Tender Offer For Common Stock [Member] | The Netherlands [Member]
Stockholders' Equity Disclosure [Line Items]
Purchase of common stock (in shares)	6,515,264
Common stock shares repurchased, price per share	$ 16
Cost of shares repurchased	$ 104,200
Share repurchase, tender offer, shares			6,000,000
Percentage authorized under stock repurchase program		2.00%
Tender Offer For Common Stock [Member] | The Netherlands [Member] | Maximum [Member]
Stockholders' Equity Disclosure [Line Items]
Share repurchase, tender offer per share			$ 16
Tender Offer For Common Stock [Member] | The Netherlands [Member] | Minimum [Member]
Stockholders' Equity Disclosure [Line Items]
Share repurchase, tender offer per share			$ 13.50
July 2015 Program [Member]
Stockholders' Equity Disclosure [Line Items]
Amount authorized under a stock repurchase program						$ 150,000
Purchase of common stock (in shares)				400,102
Common stock shares repurchased, price per share				$ 17.31
Cost of shares repurchased				$ 6,900
Stock repurchase plan, remaining amount				$ 125,100	$ 125,100
Credit Facility [Member]
Stockholders' Equity Disclosure [Line Items]
Proceeds from use of Revolving Credit Facility		$ 58,000
Credit Facility [Member] | Tender Offer For Common Stock [Member]
Stockholders' Equity Disclosure [Line Items]
Proceeds from use of Revolving Credit Facility		$ 58,000

Supplemental Disclosure Of Ca34

Supplemental Disclosure Of Cash Flow Information (Schedule Of Additional Information Regarding Cash Flows) (Details) - USD ($) $ in Thousands	9 Months Ended
	Feb. 25, 2017	Feb. 27, 2016
Supplemental Disclosure Of Cash Flow Information [Abstract]
Income taxes paid	$ 15,116	$ 18,975
Capitalized leasehold improvements paid directly by landlord	1,026	405
Dividends declared, not paid	$ 3,295	$ 3,675

Stock-Based Compensation Plan35

Stock-Based Compensation Plans (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016	May 28, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant	2,636,000		2,636,000
Stock options vesting period			4 years
Stock options exercise, intrinsic value	$ 514,000	$ 15,000	$ 1,000,000	$ 1,800,000
Unrecognized compensation cost related to stock-based compensation	8,300,000		$ 8,300,000
Weighted-average period of cost to be recognized			33 months
Stock-based compensation expense	1,500,000	1,500,000	$ 4,658,000	5,028,000
Capitalized share based compensation costs			0	0
Share based compensation expense for restricted shares	$ 212,000	$ 154,000	$ 561,000	$ 440,000
Restricted stock, shares granted	110,987	44,275	127,720	50,354
Stock awards granted, exercise price			$ 14.52
Unvested restricted shares	189,612		189,612
Total unrecognized compensation cost	$ 2,900,000		$ 2,900,000
Gross excess tax benefits			6,000	$ 185,000
Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense related to accelerated vesting				$ 900,000
Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense related to accelerated vesting			$ 400,000
Stock Incentive Plan 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock made available for awards	2,400,000		2,400,000
Stock options vesting period			4 years
Stock options termination period			10 years
Stock split conversion ratio			2.5
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock made available for awards	5,900,000		5,900,000
Shares available for grant	918,000		918,000
Percentage of exercise price per share out of fair market value			85.00%
Common stock issued			359,000		325,000

Stock-Based Compensation Plan36

Stock-Based Compensation Plans (Schedule Of Stock Option Activity) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended	12 Months Ended
	Feb. 25, 2017	May 28, 2016
Stock-Based Compensation Plans [Abstract]
Options outstanding, Beginning balance, Number of Shares Under Option	7,347
Granted, at fair market value, Number of Shares Under Option	1,212
Exercised, Number of Shares Under Option	(289)
Forfeited, Number of Shares Under Option	(172)
Expired, Number of Shares Under Option	(787)
Options outstanding, Ending balance, Number of Shares Under Option	7,311	7,347
Exercisable at February 25, 2017, Number of Shares Under Option	4,655
Vested and expected to vest at February 25, 2017, Number of Shares Under Option	7,040
Options outstanding, Beginning balance, Weighted Average Exercise Price (per share)	$ 16.08
Granted, at fair market value, Weighted Average Exercise Price (per share)	14.52
Exercised, Weighted Average Exercise Price (per share)	12.60
Forfeited, Weighted Average Exercise Price (per share)	14.12
Expired, Weighted Average Exercise Price (per share)	29.97
Options outstanding, Ending balance, Weighted Average Exercise Price (per share)	15.12	$ 16.08
Exercisable at February 25, 2017, Weighted Average Exercise Price (per share)	15.66
Vested and expected to vest at February 25, 2017, Weighted Average Exercise Price (per share)	$ 15.14
Options outstanding, Weighted Average Remaining Contractual Life (in years)	5 years 9 months 26 days	5 years 4 months 28 days
Exercisable at February 25, 2017, Weighted Average Remaining Contractual Life (in years)	4 years 3 months 7 days
Vested and expected to vest at February 25, 2017, Weighted Average Remaining Contractual Life (in years)	5 years 8 months 9 days
Options outstanding, Ending balance, Aggregate Intrinsic Value	$ 17,797	$ 10,109
Exercisable at February 25, 2017, Aggregate Intrinsic Value	10,300
Vested and expected to vest at February 25, 2017, Aggregate Intrinsic Value	$ 17,183

Segment Information And Enter37

Segment Information And Enterprise Reporting (Narrative) (Details)	9 Months Ended
	Feb. 25, 2017segment
Segment Information And Enterprise Reporting [Abstract]
Number of operating segments	1

Segment Information And Enter38

Segment Information And Enterprise Reporting (Schedule Of Revenue From External Customers And Long-Lived Assets, By Geographical Areas) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Feb. 25, 2017	Feb. 27, 2016	Feb. 25, 2017	Feb. 27, 2016	May 28, 2016
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue		$ 143,844	$ 146,779	$ 434,791	$ 446,006
Long-Lived Assets	[1]	193,544		193,544		$ 192,457
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue		116,920	121,016	350,205	364,659
Long-Lived Assets	[1]	174,168		174,168		172,155
The Netherlands [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue		3,992	3,830	12,683	11,572
Long-Lived Assets	[1]	17,070		17,070		17,728
Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue		22,932	$ 21,933	71,903	$ 69,775
Long-Lived Assets	[1]	$ 2,306		$ 2,306		$ 2,574
[1]	Long-lived assets are comprised of goodwill and property and equipment.

Subsequent Event (Narrative) (D

Subsequent Event (Narrative) (Details) - Scenario, Forecast [Member] $ in Millions	3 Months Ended
	May 27, 2017USD ($)employeeitem
Subsequent Event [Line Items]
Number of positions eliminated | employee	60
Number of positions eliminated, percent	7.70%
Number of offices consolidated | item	2
Annual cost savings	$ 7
Minimum [Member]
Subsequent Event [Line Items]
Severance charges	2
Maximum [Member]
Subsequent Event [Line Items]
Severance charges	$ 2.5

Recent Accounting Pronounceme40

Recent Accounting Pronouncements (Narrative) (Details) - USD ($) $ in Thousands	Feb. 25, 2017	May 28, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income tax assets, noncurrent	$ 904	$ 4,237
Accounting Standards Update 2015-17 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income tax liabilities, noncurrent		5,000
Accounting Standards Update 2015-17 [Member] | Scenario, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income tax assets, current		(8,400)
Deferred income tax assets, noncurrent		$ 8,400