Ruby Tuesday 10-Q 7 Oct 16 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Aug. 30, 2016	Oct. 05, 2016
Document Information [Line Items]
Entity Registrant Name	RUBY TUESDAY INC
Entity Central Index Key	68,270
Trading Symbol	rt
Current Fiscal Year End Date	--06-06
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		60,196,759
Document Type	10-Q
Document Period End Date	Aug. 30, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Revenue:
Restaurant sales and operating revenue	$ 255,764	$ 277,907
Franchise revenue	893	1,573
Total revenue	256,657	279,480
Operating costs and expenses:
Cost of goods sold	72,190	76,241
Payroll and related costs	90,607	95,335
Other restaurant operating costs	57,363	62,207
Depreciation and amortization	11,229	12,806
Selling, general, and administrative, net	31,585	29,396
Closures and impairments, net	30,192	2,712
Interest expense, net	4,877	6,000
Total operating costs and expenses	298,043	284,697
Loss before income taxes	(41,386)	(5,217)
Benefit for income taxes	(1,694)	(1,023)
Net loss	(39,692)	(4,194)
Other comprehensive income:
Pension liability reclassification	355	(44)
Total comprehensive loss	$ (39,337)	$ (4,238)
Loss per share:
Basic (in dollars per share)	$ (0.66)	$ (0.07)
Diluted (in dollars per share)	$ (0.66)	$ (0.07)
Weighted average shares:
Basic (in shares)	59,790	61,344
Diluted (in shares)	59,790	61,344

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Aug. 30, 2016	May 31, 2016
Current assets:
Cash and cash equivalents	$ 68,661	$ 67,341
Accounts and other receivables	7,108	12,827
Inventories:
Merchandise	11,932	13,799
China, silver and supplies	6,726	7,796
Income tax receivable	4,721	3,003
Prepaid rent and other expenses	10,643	11,508
Assets held for sale	11,849	4,642
Total current assets	121,640	120,916
Property and equipment, net	651,777	671,250
Other assets	44,742	45,751
Total assets	818,159	837,917
Current liabilities:
Accounts payable	22,033	22,141
Accrued liabilities:
Taxes, other than income and payroll	11,549	10,769
Employee-related Liabilities, Current	14,978	14,561
Insurance	5,475	5,109
Rent and other	45,436	18,838
Deferred revenue – gift cards	14,720	16,354
Less current maturities	9,781	9,934
Total current liabilities	123,972	97,706
Long-term debt and capital leases, less current maturities	213,728	213,803
Deferred escalating minimum rent	45,787	51,535
Other deferred liabilities	65,393	67,093
Total liabilities	448,880	430,137
Commitments and contingencies (Note 11)
Shareholders’ equity:
Common stock, $0.01 par value; (authorized: 100,000 shares; issued and outstanding: 2017 – 60,197 shares, 2016 – 60,137 shares)	602	601
Capital in excess of par value	76,772	75,938
Retained earnings	301,658	341,350
Deferred compensation liability payable in Company stock	496	521
Company stock held by Deferred Compensation Plan	(496)	(521)
Accumulated other comprehensive loss	(9,753)	(10,109)
Total shareholders' equity	369,279	407,780
Total liabilities and shareholders' equity	$ 818,159	$ 837,917

Condensed Consolidated Balance4

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares shares in Thousands	Aug. 30, 2016	May 31, 2016
Common stock, issued (in shares)	60,197	60,137
Common stock, outstanding (in shares)	60,197	60,137
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	100,000	100,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Operating activities:
Net loss	$ (39,692)	$ (4,194)
Adjustments to reconcile net loss to net cash provided/(used) by operating activities:
Depreciation and amortization	11,229	12,806
Deferred income taxes		(1,345)
Loss on impairments, including disposition of assets	6,253	2,278
Inventory write-off	2,754
Share-based compensation expense	861	(279)
Lease reserve adjustments	17,728	604
Deferred escalating minimum rent	261	557
Other, net	150	1,258
Changes in operating assets and liabilities:
Receivables	1,004	74
Inventories	404	(2,372)
Income taxes	(1,718)	(1,501)
Prepaid and other assets	865	(966)
Accounts payable, accrued and other liabilities	1,508	(9,391)
Net cash provided/(used) by operating activities	1,607	(2,471)
Investing activities:
Purchases of property and equipment	(6,358)	(9,942)
Proceeds from sale of assets	5,257	2,746
Insurance proceeds from property claims	150
Reductions in Deferred Compensation Plan assets	312	209
Other, net	860
Net cash provided/(used) by investing activities	221	(6,987)
Financing activities:
Principal payments on long-term debt	(475)	(8,901)
Stock repurchases	(26)	(9)
Payments for debt issuance costs	(7)	(25)
Net cash used by financing activities	(508)	(8,935)
Increase/(decrease) in cash and cash equivalents	1,320	(18,393)
Cash and cash equivalents:
Beginning of fiscal year	67,341	75,331
End of quarter	68,661	56,938
Supplemental disclosure of cash flow information:
Interest, net of amount capitalized	314	1,478
Income taxes, net	7	1,759
Significant non-cash investing and financing activities:
Retirement of fully depreciated assets	7,175	5,956
Reclassification of properties to assets held for sale	$ 7,493	$ 325

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Basis of Presentation Description of Business Ruby Tuesday, Inc., including its wholly-owned subsidiaries (“RTI,” the “Company,” “we,” and/or “our”), owns and operates Ruby Tuesday® casual dining restaurants. We also franchise the Ruby Tuesday concept in selected domestic and international markets. As discussed further in Note 7 to the Condensed Consolidated Financial Statements, during the 13 weeks ended August 30, 2016, we closed 99 Company-owned restaurants, 95 of which were closed following a comprehensive review of the Company’s property portfolio due to perceived limited upside due to market concentration, challenged trade areas, and other factors. At August 30, 2016, we owned and operated 547 Ruby Tuesday restaurants concentrated primarily in the Southeast, Northeast, Mid-Atlantic, and Midwest of the United States, which we consider to be our core markets. We also owned and operated one Lime Fresh Mexican Grill® (“Lime Fresh”) fast casual restaurant as of August 30, 2016. As further discussed in Note 4 to the Condensed Consolidated Financial Statements, we entered into an agreement during fiscal year 2016 to sell the assets related to eight Company-owned Lime Fresh restaurants. The one remaining Company-owned Lime Fresh restaurant not closed as of August 30, 2016 is expected to be closed and transferred to the buyer prior to the end of our second quarter of fiscal year 2017. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not

Note 2 - Loss Per Share

Note 2 - Loss Per Share	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	2. Loss Per Share Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during each period presented. Diluted earnings per share gives effect to stock options and restricted stock outstanding during the applicable periods, except during loss periods as the effect would be anti-dilutive. The following table reflects the calculation of weighted average common and dilutive potential common shares outstanding as presented in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands, except per-share data): Thirteen weeks ended August 30, 2016 September 1, 2015 Net loss $ ( 39,692 ) $ (4,194 ) Weighted average common shares outstanding 59,790 61,344 Dilutive effect of stock options and restricted stock – – Weighted average common and dilutive potential common shares outstanding 59,790 61,344 Basic net loss per share $ (0. 66 ) $ (0.07 ) Diluted net loss per share $ (0. 66 ) $ (0.07 ) Stock options with an exercise price greater than the average market price of our c ommon stock and certain options, restricted stock, and restricted stock units with unrecognized compensation expense do not impact the computation of diluted loss per share because the effect would be anti-dilutive. The following table summarizes on a weighted-average basis stock options, restricted stock, and restricted stock units that were excluded from the computation of diluted loss per share because their inclusion would have had an anti-dilutive effect (in thousands): Thirteen weeks ended August 30, 2016 September 1, 2015 Stock options 2,393 2,813 Restricted stock / Restricted stock units 758 749 Total 3,151 3,562

Note 3 - Franchise Programs

Note 3 - Franchise Programs	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Franchise Programs [Text Block]	3. Franchise Programs As of August 30, 2016, our franchisees collectively operated 68 domestic and international Ruby Tuesday restaurants. We do not own any equity interest in our franchisees. Under the terms of the franchise operating agreements, we charge a royalty fee (generally 4.0% of monthly gross sales) , a marketing and purchasing fee (generally 1.5% of monthly gross sales), and a national advertising fee (generally 1.5% of monthly gross sales as of August 30, 2016, but up to a maximum of 3.0% under the terms of the franchise operating agreements). Amounts received from franchisees for the marketing and purchasing fee and national advertising fee are considered by RTI to be reimbursements, recorded on an accrual basis as earned, and have been netted against Selling, general and administrative expenses in the Condensed Consolidated Statements of Operations and Comprehensive Loss. For the 13 weeks ended August 30, 2016 and September 1, 2015, we recorded $ 0.2 million and $0.5 million, respectively, in marketing and purchasing fees and national advertising fund fees.

Note 4 - Accounts and Other Rec

Note 4 - Accounts and Other Receivables	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	4. Accounts and Other Receivables Accounts and other receivables consist of the following (in thousands): August 30, 2016 May 31, 2016 Amounts due from franchisees $ 3,318 $ 3,013 Third-party gift card sales 925 1,272 Rebates receivable 819 1,001 Receivables from sales of Lime Fresh Mexican Grill assets 140 5,289 Other receivables 1, 906 2,252 $ 7,108 $ 12,827 We negotiate purchase arrangements, including price terms, with designated and approved suppliers on behalf of us and our franchise system. We receive various volume discounts and rebates based on purchases for our Company-owned restaurants from numerous suppliers. Amounts due from franchisees consist of royalties, license and other miscellaneous fees, a portion of which represents current and recently-invoiced billings. As of August 30, 2016 and May 31, 2016, other receivables consisted primarily of amounts due from our distributor, online ordering, sales and other miscellaneous tax refunds, and other receivables. Sale s of Lime Fresh Mexican Grill Assets On May 31, 2016, we entered into agreements with two separate buyers to sell various Lime Fresh Mexican Grill assets. Pursuant to the terms of an asset purchase agreement with another restaurant company, we agreed to sell our eight remaining Lime Fresh Mexican Grill Company-owned restaurants for $6.0 million. Given that closing requirements were satisfied for only six of the eight restaurants, an amendment was agreed upon which allowed for the payment of $5.0 million upon the transfer of the six restaurants and the holdback of $1.0 million until such time that both of the remaining two restaurants had closed and transferred to the buyer. The six restaurants closed and were transferred on May 31, 2016. While one of the two remaining restaurants was sold and transferred to the buyer on June 14, 2016, the final restaurant is expected to remain open and be operated by Ruby Tuesday until a date in our second quarter of fiscal year 2017. The $5.3 million of receivables from sales of Lime Fresh assets included in the table above as of May 31, 2016 consists of $5.0 million due from the buyer of our Lime Fresh restaurants, which was collected on the first day of fiscal year 2017, and $0.3 million due from the buyer of the Lime Fresh brand, of which $0.1 million remains outstanding. Given that the closing requirements were not satisfied on the two remaining restaurants as of August 30, 2016, we did not reflect those restaurants as having been sold during the 13 weeks ended August 30, 2016, nor we did accrue as a receivable the $1.0 million holdback.

Note 5 - Property, Equipment, a

Note 5 - Property, Equipment, and Assets Held for Sale	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	5. Property, Equipment, and Assets Held for Sale Property and equipment, net, is comprised of the following (in thousands): August 30, 2016 May 31, 2016 Land $ 182,829 $ 209,930 Buildings 381,496 398,984 Improvements 294,500 303,032 Restaurant equipment 216,542 222,646 Other equipment 80,026 82,204 Surplus properties* 37,302 4,354 Construction in progress and other 2,239 3,325 1,194,93 4 1,224,475 Less accumulated depreciation 543,157 553,225 Property and equipment, net $ 651,777 $ 671,250 * Surplus properties represent assets held for sale that are not classified as such in the Consolidated Balance Sheets as we have yet to conclude that we can sell these assets within the next 12 months. These assets primarily consist of parcels of land upon which we have no intention to build restaurants, closed properties which include a building, and liquor licenses not needed for operations. Included within the current assets section of our Condensed Consolidated Balance Sheets at August 30, 2016 and May 31, 2016 are amounts classified as assets held for sale totaling $11.8 million and $4.6 million, respectively. Assets held for sale primarily consist of parcels of land upon which we have no intention to build restaurants, land and buildings of closed restaurants, and various liquor licenses. During the 13 weeks ended August 30, 2016 and September 1, 2015, we sold surplus properties with carrying values that were negligible and $2.1 million, respectively, at net gains of $0.1 million and $0.6 million, respectively. Cash proceeds, net of broker fees, from these sales totaled $0.1 million and $2.7 million for the 13 weeks ended August 30, 2016 and September 1, 2015, respectively.

Note 6 - Long-term Debt and Cap

Note 6 - Long-term Debt and Capital Leases	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Debt and Capital Leases Disclosures [Text Block]	6. Long-Term Debt and Capital Leases Long-term debt and capital lease obligations consist of the following (in thousands): August 30, 2016 May 31 , 2016 Senior unsecured notes $ 212,546 $ 212,546 Unamortized discount ( 1,675 ) (1,771 ) Unamortized debt issuance costs ( 2,832 ) (2,995 ) Senior unsecured notes less unamortized discount and debt issuance costs 208,039 207,780 Revolving credit facility – – Mortgage loan obligations 15,258 15,745 Unamortized premium - mortgage loan obligations 47 75 Unamortized debt issuance costs - mortgage loan obligations ( 58 ) (74 ) Capital lease obligations 223 211 Total long-term debt and capital leases 223,509 223,737 Less current maturities 9,781 9,934 Long-term debt and capital leases, less current maturities $ 213,728 $ 213,803 On May 14, 2012, we entered into an indenture (the “Indenture”) among Ruby Tuesday, Inc., certain subsidiaries of the Company as guarantors and Wells Fargo Bank, National Association as trustee, governing the Company ’s $250.0 million aggregate principal amount of 7.625% senior notes due 2020 (the “Senior Notes”). The Senior Notes were issued at a discount of $3.7 million, which is being amortized to interest expense, net using the effective interest method over the eight-year term of the notes. The Senior Notes are guaranteed on a senior unsecured basis by our existing and future domestic restricted subsidiaries, subject to certain exceptions. They rank equal in right of payment with our existing and future senior indebtedness and senior in right of payment to any of our future subordinated indebtedness. The Senior Notes are effectively subordinated to all of our secured debt, including borrowings outstanding under our revolving credit facility, to the extent of the value of the assets securing such debt and structurally subordinated to all of the liabilities of our existing and future subsidiaries that do not guarantee the Senior Notes. Interest on the Senior Notes is calculated at 7.625% per annum, payable semiannually on each May 15 and November 15 to holders of record on the May 1 or November 1 immediately preceding the interest payment date. Accrued interest on the Senior Notes and our other long-term debt and capital lease obligations was $5.0 million and $1.0 million as of August 30, 2016 and May 31, 2016, respectively, and is included in Accrued liabilities – Rent and other in our Condensed Consolidated Balance Sheets. We may redeem the Senior Notes, in whole or in part, at the redemption prices specified in the Indenture plus accrued and unpaid interest. There is no sinking fund for the Senior Notes, which mature on May 15, 2020. The Indenture contains covenants that limit, among other things, our ability and the ability of certain of our subsidiaries to (i) incur or guarantee additional indebtedness; (ii) declare or pay dividends, redeem stock or make other distributions to stockholders; (iii) make certain investments; (iv) create liens or use assets as security in other transactions; (v) merge or consolidate, or sell, transfer, lease or dispose of substantially all of their assets; (vi) enter into transactions with affiliates; and (vii) sell or transfer certain assets. The Indenture also restricts the declaration and payment of a dividend or other distribution on, and/or repurchase by RTI in respect of, our outstanding common stock. These covenants are subject to a number of important exceptions and qualifications, as described in the Indenture, and certain covenants will not apply at any time when the Senior Notes are rated investment grade by the Rating Agencies, as defined in the Indenture. The Indenture also provides for events of default, which, if any of them occurs, would permit or require the principal, premium, if any, interest and any other monetary obligations on all the then outstanding Senior Notes to be due and payable immediately. On December 3, 2013, we entered into a four-year revolving credit agreement (the “Senior Credit Facility”) under which we may borrow up to $50.0 million with the option, subject to certain conditions, to increase the facility by up to $35.0 million. The terms of the Senior Credit Facility provide for a $25.0 million sublimit for the issuance of standby letters of credit. Under the terms of the Senior Credit Facility, interest rates charged on borrowings can vary depending on the interest rate option we choose to utilize. Our options for the rate are a Base Rate or LIBOR plus an applicable margin, provided that the rate shall not be less than zero. The Base Rate is defined as the highest of the issuing bank’s prime rate, the Federal Funds rate plus 0.50%, or the Adjusted LIBO rate (as defined in the Senior Credit Facility) plus 1.0%. The applicable margin for the LIBOR-based option is a percentage ranging from 2.50% to 3.50% and for the Base Rate option is a percentage ranging from 1.50% to 2.50%. We pay commitment fees quarterly ranging from 0.40% to 0.75% on the unused portion of the Senior Credit Facility. As security for the Senior Credit Facility, we granted the lenders liens and security interests in substantially all of the shares of capital stock of the Company and each of our present and future subsidiaries, substantially all of the personal property of the Company and each of our present and future subsidiaries, and the real property, improvements, and fixtures of 49 Ruby Tuesday restaurants. The real property, improvements, and fixtures of the 49 restaurants pledged as collateral appraised at $101.4 million at the time of the transaction and have a n August 30, 2016 net book value of $77.8 million. We had no borrowings outstanding under the Senior Credit Facility at August 30, 2016. After consideration of letters of credit outstanding, we had $38.5 million available under the Senior Credit Facility as of August 30, 2016. The Senior Credit Facility contains a number of customary affirmative and negative covenants that, among other things, limit or restrict our ability to incur liens, engage in mergers or other fundamental changes, make acquisitions, investments, loans and advances, pay dividends or other distributions, sell or otherwise dispose of certain assets, engage in certain transactions with affiliates, enter into burdensome agreements or certain hedging agreements, amend organizational documents, change accounting practices, incur additional indebtedness and prepay other indebtedness. Under the terms of the Senior Credit Facility we are allowed, under certain circumstances, to repurchase up to $20.0 million of the S enior Notes in any fiscal year. We did not repurchase any Senior Notes during the 13 weeks ended August 30, 2016. Under the Senior Credit Facility, we are required to comply with financial covenants relating to the maintenance of a maximum leverage ratio and a minimum fixed charge coverage ratio. The terms of the Senior Credit Facility require us to maintain a maximum leverage ratio of no more than 4.40 to 1.0 and a minimum fixed charge coverage ratio of 1.60 to 1.0 for the quarter ended August 30, 2016. For the remainder of fiscal year 2017, the Senior Credit Facility requires us to maintain a maximum leverage ratio of 4.30 to 1.0 for our second and third fiscal quarters and 4.25 to 1.0 for our fourth fiscal quarter, and requires us to maintain a minimum fixed charge coverage ratio of 1.65 to 1.0 for our second and third fiscal quarters and 1.70 to 1.0 for our fourth fiscal quarter. The Senior Credit Facility terminates no later than December 3, 2017. Upon the occurrence of an event of default, the lenders may terminate the loan commitments, accelerate all loans and exercise any of their rights under the Senior Credit Facility and any ancillary loan documents. On December 3, 2013, in connection with our entry into the Senior Credit Facility, the Company and certain of its subsidiaries entered into loan modification agreements (the “Loan Modification Agreements”) with certain mortgage lenders to, among other things, provide waivers and consents under certain of our mortgage loan obligations to enter into the Senior Credit Facility. The Loan Modification Agreements also amended certain financial reporting requirements under the specified loans and modified and/or provided for certain financial covenants for the specified loans, including the maximum leverage ratio and the minimum fixed charge coverage ratio. We were in compliance with our maximum leverage ratio and our minimum fixed charge coverage ratio as of August 30, 2016. Our $15. 2 million in mortgage loan obligations as of August 30, 2016 consists of various loans acquired upon franchise acquisitions. These loans, which mature between January 2017 and October 2021, have balances which range from $0.6 million to $6.8 million and interest rates of 7.60% to 10.17%. Included in our current maturities of long-term debt as of August 30, 2016 is $9.4 million related to two mortgage loan obligations that have balloon payments due during the third quarter of fiscal year 2017. Many of the properties acquired from franchisees collateralize the loans outstanding.

Note 7 - Closures and Impairmen

Note 7 - Closures and Impairments Expense	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Asset Impairment Charges [Text Block]	7. Closures and Impairments Expense Closures and impairments, net include the following (in thousands): Thirteen weeks ended August 30, 2016 September 1, 2015 Property impairments $ 6,580 $ 2,577 Closed restaurant lease reserves 17,728 604 Inventory write-off 2,754 – Severance benefits 1, 760 18 Other closing expense 1,427 103 Gain on sale of surplus properties ( 57 ) (590 ) Closures and impairments, net $ 30,192 $ 2,712 During the 13 weeks ended August 30, 2016, we closed 99 Company-owned restaurants, 95 of which were closed in connection with an asset rationalization plan announced on August 11, 2016. The plan was formulated in response to a comprehensive review of our property portfolio through the planned closure of restaurants with perceived limited upside due to market concentration, challenged trade areas, or other factors. Included within Closures and impairments, net for the 13 weeks ended August 30, 2016 are closed restaurant lease reserves, inventory write-off, severance benefits, and other closing expense of $24.7 million related to these closures. A rollforward of our future lease obligations associated with closed restaurants is as follows (in thousands): Reserve for Lease Obligations Balance at May 31, 2016 $ 6,270 Closing expense including rent and other lease charges 17,728 Payments ( 1,393 ) Adjustments to deferred escalating minimum rent 9,283 Balance at August 30, 2016 $ 31,888 The amounts comprising future lease obligations in the table above are estimated using certain assumptions, including the period of time it will take to settle the lease with the landlord or find a suitable sublease tenant, and the amount of actual future cash payments could differ from our recorded lease obligations. Of the total future lease obligations included in the table above, $27.9 million is included within Accrued liabilities – Rent and other, $3.5 million is included within Deferred escalating minimum rent, and $0.5 million is included within Other deferred liabilities in our Condensed Consolidated Balance Sheet as of August 30, 2016. For the remainder of fiscal year 2017 and beyond, our focus will be on obtaining settlements, or subleases as necessary, on as many of these leases as possible and these settlements could be higher or lower than the amounts recorded. The actual amount of any cash payments made by the Company for lease contract termination costs will be dependent upon ongoing negotiations with the landlords of the leased restaurant properties.

Note 8 - Employee Post-employme

Note 8 - Employee Post-employment Benefits	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	8. Employee Post-Employment Benefits Pension and Postretirement Medical and Life Benefits We sponsor three defined benefit pension plans for active employees and offer certain postretirement benefits for retirees. A summary of each of these is presented below. Retirement Plan RTI sponsors the Morrison Restaurants Inc. Retirement Plan (the "Retirement Plan"). Effective December 31, 1987, the Retirement Plan was amended so that no additional benefits would accrue and no new participants could enter the Retirement Plan after that date. Participants receive benefits based upon salary and length of service. Minimum funding for the Retirement Plan is determined in accordance with the guidelines set forth in employee benefit and tax laws. From time to time we may contribute additional amounts as we deem appropriate. We estimate that we will be required to make contributions totaling $0.1 million to the Retirement Plan during the remainder of fiscal year 2017. Executive Supplemental Pension Plan and Management Retirement Plan Under these unfunded defined benefit pension plans, eligible employees earn supplemental retirement income based upon salary and length of service, reduced by social security benefits and amounts otherwise receivable under other specified Company retirement plans. Effective June 1, 2001, the Management Retirement Plan was amended so that no additional benefits would accrue and no new participants could enter the plan after that date. In December 2015, the Executive Supplemental Pension Plan was similarly amended effective as of January 1, 2016 for current participants, and as of January 1, 2018 for two specified potential participants, who are currently not named executive officers. Included in our Condensed Consolidated Balance Sheets as of August 30, 2016 and May 31, 2016 are amounts within Accrued liabilities: Payroll and related costs of $2.5 million as of both dates and amounts within Other deferred liabilities of $34.7 million and $35.7 million, respectively, relating to our three defined benefit pension plans. Postretirement Medical and Life Benefits Our Postretirement Medical and Life Benefits plans provide medical benefits to substantially all retired employees and life insurance benefits to certain retirees. The medical plan requires retiree cost sharing provisions that are more substantial for employees who retire after January 1, 1990. Included in our Condensed Consolidated Balance Sheets as of August 30, 2016 and May 31, 2016 are amounts within Accrued liabilities: Payroll and related costs of $0.1 million as of both dates and amounts within Other deferred liabilities of $1.0 million as of both dates relating to our postretirement medical and life benefits. The following tables detail the components of net periodic benefit cost for the Retirement Plan, Management Retirement Plan, and the Executive Supplemental Pension Plan (collectively, the "Pension Plans") and the Postretirement Medical and Life Benefits plans, which is recorded as a component of Selling, general, and administrative expense, net in our Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands): Pension Plans Thirteen weeks ended August 30, 2016 September 1, 2015 Service cost $ 6 $ 230 Interest cost 420 599 Expected return on plan assets ( 91 ) ( 103 ) Recognized actuarial loss 338 628 Net periodic benefit cost $ 673 $ 1,354 Postretirement Medical and Life Benefits Thirteen weeks ended August 30, 2016 September 1, 2015 Service cost $ 1 $ 1 Interest cost 9 12 Recognized actuarial loss 17 32 Net periodic benefit cost $ 2 7 $ 45 During the 13 weeks ended August 30, 2016 and September 1, 2015, we reclassified recognized actuarial losses of $ 0.4 million and $0.7 million, respectively, out of accumulated other comprehensive loss and into pension expense, which is included in Selling, general and administrative, net within our Condensed Consolidated Statements of Operations and Comprehensive Loss. We also sponsor two defined contribution retirement savings plans. Information regarding these plans is included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2016. Restaurant Closures and Corporate Restructuring W e closed 99 Company-owned restaurants during the 13 weeks ended August 30, 2016, 95 of which were closed in connection with an asset rationalization plan as previously discussed in Note 7 to the Condensed Consolidated Financial Statements. A s of both August 30, 2016 and May 31, 2016, liabilities of $0.3 million, representing unpaid obligations related to employee severance and vacation accruals, were included within Accrued liabilities: Payroll and related costs in our Consolidated Balance Sheet. Costs of $1.7 million and $0.3 million reflected in the table below related to employee severance and unused vacation accruals are included within Closures and impairments, net and Selling, general, and administrative, net, respectively, in our Consolidated Statements of Operations and Comprehensive Loss. A roll forward of our obligations in connection with employee separations is as follows (in thousands): Balance at May 31, 2016 $ 317 Employee severance and unused vacation accruals 2,020 Cash payments ( 2,068 ) Balance at August 30, 2016 $ 269 As further discussed in Note 14 to the Condensed Consolidated Financial Statements, on September 13, 2016, James J. Buettgen resigned as the Chairman of the Board of Directors, President, and Chief Executive Officer of the Company.

Note 9 - Income Taxes

Note 9 - Income Taxes	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. Income Taxes Under Accounting Standards Codification 740 (“ASC 740”), companies are required to apply their estimated annual tax rate on a year-to-date basis in each interim period. Under ASC 740, companies should not apply the estimated annual tax rate to interim financial results if the estimated annual tax rate is not reliably predictable. In this situation, the interim tax rate should be based on the actual year-to-date results. Due to changes in our projections, which have fluctuated as we work through our brand repositioning, a reliable projection of our annual effective rate has been difficult to determine. As such, we recorded a tax provision for the 13 weeks ended August 30, 2016 and September 1, 2015 based on the actual year-to-date results, in accordance with ASC 740. We regularly evaluate the need for a valuation allowance for deferred tax assets by assessing whether it is more likely than not that we will realize the deferred tax assets in the future. A valuation allowance assessment is performed each reporting period, with any additions or adjustments reflected in earnings in the period of assessment. In assessing the need for a valuation allowance, we consider both positive and negative evidence related to the likelihood of realization of the deferred tax assets for each jurisdiction. As of May 31, 2016, we have rolling three-year historical operating losses and have concluded that the negative evidence outweighs the positive evidence. In accordance with the applicable accounting standards, we are unable to use future income projections to support the realization of our deferred tax assets as a consequence of the above conclusion. Instead, in determining the appropriate amount of the valuation allowance, we considered the timing of future reversal of our taxable temporary differences and available tax strategies that, if implemented, would result in the realization of deferred tax assets. Our valuation allowance for deferred tax assets totaled $106.2 million and $89.9 million as of August 30, 2016 and May 31, 2016, respectively. We recorded a tax benefit of $ 1.7 million and $1.0 million for the 13 weeks ended August 30, 2016 and September 1, 2015, respectively. Netted against our tax benefit was a charge of $16.3 million representing the amount reserved for the increase in deferred tax assets during the quarter which primarily related to general business credit carryforwards and federal and state net operating loss carryforwards. We had a gross liability for unrecognized tax benefits, exclusive of accrued interest and penalties, of $ 4.6 million and $4.5 million, respectively, as of August 30, 2016 and May 31, 2016, of which $3.7 million was reclassified against our deferred tax assets as of both dates. As of August 30, 2016 and May 31, 2016, the total amount of unrecognized tax benefits that, if recognized, would impact our effective tax rate was $2.4 million and $2.3 million, respectively. The liability for unrecognized tax benefits as of August 30, 2016 includes $0.4 million related to tax positions for which it is reasonably possible that the total amounts could change within the next twelve months based on the outcome of examinations and negotiations with tax authorities. Interest and penalties related to unrecognized tax benefits are recognized as components of income tax expense. As of both August 30, 2016 and May 31, 2016, we had accrued $0.4 million for the payment of interest and penalties. During the first quarter of fiscal year 2017, accrued interest and penalties increased by an insignificant amount. At August 30, 2016, we are no longer subject to U.S. federal income tax examinations by tax authorities for fiscal years prior to 2012, and with few exceptions, we are no longer subject to state and local examinations by tax authorities prior to fiscal year 2013.

Note 10 - Share-based Employee

Note 10 - Share-based Employee Compensation	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	10. Share-Based Employee Compensation Preferred Stock RTI is authorized, under its Certificate of Incorporation, to issue up to 250,000 shares of preferred stock with a par value of $0.01. These shares may be issued from time to time in one or more series. Each series will have dividend rates, rights of conversion and redemption, liquidation prices, and other terms or conditions as determined by the Board of Directors. No preferred shares have been issued as of August 30, 2016 and May 31, 2016. The Ruby Tuesday, Inc. Stock Incentive Plan and the Ruby Tuesday, Inc. 1996 Stock Incentive Plan A committee, appointed by the Board of Directors, administers the Ruby Tuesday, Inc. Stock Incentive Plan (“SIP”) and the Ruby Tuesday, Inc. 1996 Stock Incentive Plan (“1996 SIP”), and has full authority in its discretion to determine the key employees, officers, and non-employee directors to whom share-based incentives are granted and the terms and provisions of share-based incentives. Stock option grants under the SIP and 1996 SIP can have varying vesting provisions and exercise periods as determined by such committee. A majority of currently outstanding stock options granted under the SIP and 1996 SIP vest within three years following the date of grant and expire seven years after the date of grant. The SIP and 1996 SIP permit the committee to make awards of shares of common stock, awards of stock options or other derivative securities related to the value of the common stock, and certain cash awards to eligible persons. These discretionary awards may be made on an individual basis or for the benefit of a group of eligible persons. All stock options awarded under the SIP and 1996 SIP have been awarded with an exercise price equal to the fair market value at the time of grant. At August 30, 2016, we had reserved a total of 6,726,000 shares of common stock for the SIP and 1996 SIP. Of the reserved shares at August 30, 2016, 2,282,000 were subject to stock options outstanding. Stock option exercises are settled with the issuance of new shares. Net shares of common stock available for issuance at August 30, 2016 were 4,444,000. Stock Options The following table summarizes our stock option activity under these stock option plans for the 13 weeks ended August 30, 2016 (Stock Options and Aggregate Intrinsic Value are in thousands): Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value Service-based vesting: Outstanding at May 31, 2016 2,066 $ 7. 89 Granted 809 3.82 Cancellations and forfeitures ( 3 ) 6.40 Expired ( 87 ) 6.64 Outstanding at August 30, 2016 2,785 $ 6.75 4.07 $ – Exercisable at August 30, 2016 1,806 $ 8.14 2.72 $ – At May 31, 2016, there was approximately $ 1.1 million of unrecognized pre-tax compensation expense related to non-vested stock options. This cost is expected to be recognized over a weighted average period of 1.9 years. During the 13 weeks ended August 30, 2016, we granted 809,000 service-based stock options to certain employees under the terms of the SIP. The stock options awarded vest in equal annual installments over a three-year period following grant of the award, and have a maximum life of seven years. Restricted Stock and Restricted Stock Units (“RSU”) The following table summarizes our restricted stock and RSU activity for the 13 weeks ended August 30, 2016 (in thousands, except per-share data): Shares Weighted Average Fair Value Service-Based Vesting: Unvested at May 31, 2016 564 $ 6. 29 Granted 292 3.82 Vested ( 102 ) 6.67 Cancellations and forfeitures ( 16 ) 6.47 Unvested at August 30, 2016 738 $ 5.25 Performance-Based Vesting: Unvested at May 31, 2016 225 $ 6.51 Cancellations and forfeitures ( 5 ) 6.51 Unvested at August 30, 2016 220 $ 6.51 The fair value of restricted stock and RSU awards is based on the closing price of our common stock on the date prior to the grant date. At August 30, 2016, unrecognized compensation expense related to restricted stock and RSU grants expected to vest totaled $2.5 million and will be recognized over a weighted average vesting period of 1.6 years. During the 13 weeks ended August 30, 2016, we granted 286,000 service-based RSUs to certain employees under the terms of the SIP and 1996 SIP. The service-based RSUs will vest in three equal installments over a three-year period following the date of grant. Also during the 13 weeks ended August 30, 2016, we granted 571,000 performance-based stock units that will settle in cash and vest approximately three years after the grant date. Vesting of the performance-based stock units is contingent upon the Company’s achievement of a same-restaurant sales performance condition related to the next three fiscal years. Included in our Condensed Consolidated Balance Sheets as of August 30, 2016 and May 31, 2016 are amounts within Other deferred liabilities of $0.4 million and $0.2 million, respectively, relating to all of our long-term incentive awards that will settle in cash. I ncluded within Selling, general, and administrative, net in our Consolidated Statements of Operations and Comprehensive Loss is share-based compensation expense of $0.9 million for the 13 weeks ended August 30, 2016 and net credit of $0.3 million for the 13 weeks ended September 1, 2015 as a result of forfeitures.

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 1 . Commitments and Contingencies Litigation We are presently, and from time to time, subject to pending claims and lawsuits arising in the ordinary course of business. We provide reserves for such claims when payment is probable and estimable in accordance with GAAP. At this time, in the opinion of management, the ultimate resolution of pending legal proceedings will not have a material adverse effect on our operations, financial position, or cash flows.

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurements	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	1 2 . Fair Value Measurements The following table presents the fair values of our financial assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the measurements fall (in thousands): Level August 30, 2016 May 31, 2016 Deferred compensation plan – Assets 1 $ 6,743 $ 6,660 Deferred compensation plan – Liabilities 1 ( 6,743 ) (6,660 ) There were no transfers among levels within the fair value hierarchy during the 13 weeks ended August 30, 2016. The Deferred Compensation Plan and the Ruby Tuesday, Inc. Restated Deferred Compensation Plan ( the “Predecessor Plan”) are unfunded, non-qualified deferred compensation plans for eligible employees. Assets earmarked to pay benefits under the Deferred Compensation Plan and Predecessor Plan are held by a rabbi trust. We report the accounts of the rabbi trust in our Consolidated Financial Statements. The investments held by these plans are considered trading securities and are reported at fair value based on third-party broker statements. The realized and unrealized holding gains and losses related to these other investments, as well as the offsetting compensation expense, is recorded in Selling, general, and administrative expense, net in the Consolidated Financial Statements. The investment in RTI common stock and related liability payable in RTI common stock, which are reflected in Shareholders ’ Equity in the Consolidated Balance Sheets, are excluded from the fair value table above as these are considered treasury shares and reported at cost. The following table presents the fair values on our Condensed Consolidated Balance Sheets as of August 30, 2016 for those assets and liabilities measured on a non-recurring basis (in thousands): Fair Value Measurements Level August 30, 2016 Long-lived assets held for use 2 $ 1,195 Long-lived assets held for sale 2 695 Total $ 1,890 The following table presents the losses recognized during the 13 weeks ended August 30, 2016 and September 1, 2015 resulting from fair value measurements of assets and liabilities measured on a non-recurring basis. The amounts presented are included in Closures and impairments, net in our Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands): Thirteen weeks ended August 30, 2016 September 1, 2015 Long-lived assets held for use $ 4,266 $ 2,485 Long-lived assets held for sale 2,314 92 Property impairments $ 6,580 $ 2,577 Long-lived assets held for sale are valued using Level 2 inputs, primarily from information obtained through broker listings or sales agreements. Costs to market and/or sell are factored into the estimates of fair value for those properties included in Assets held for sale on our Condensed Consolidated Balance Sheets. We review our long-lived assets (primarily property, equipment, and, as appropriate, reacquired franchise rights and favorable leases) related to each restaurant to be held and used in the business, whenever events or changes in circumstances indicate that the carrying amount of a restaurant may not be recoverable. Long-lived assets held for use presented in the table above includes restaurants or groups of restaurants that we have impaired. From time to time, the table will also include closed restaurants or surplus sites not meeting held for sale criteria that have been offered for sale at a price less than their carrying value. The fair values of our long-lived assets held for use are primarily based on broker estimates of the value of the land, building, leasehold improvements, and other residual assets (Level 2). Our financial instruments at August 30, 2016 and May 31, 2016 consisted of cash and cash equivalents, accounts receivable and payable, and long-term debt. The fair values of cash and cash equivalents and accounts receivable and payable approximated their carrying values because of the short-term nature of these instruments. The carrying amounts and fair values of our long-term debt, which are not measured on a recurring basis using fair value, are as follows (in thousands): August 30, 2016 May 31, 2016 Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt (Level 2) $ 223,286 $ 218,762 $ 223,526 $ 223,212 We estimated the fair value of debt using market quotes and calculations based on market rates.

Note 13 - Supplemental Condense

Note 13 - Supplemental Condensed Consolidating Financial Statements	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Condensed Financial Statements [Text Block]	13 . Supplemental Condensed Consolidating Financial Statements As discussed in Note 6 to the Condensed Consolidated Financial Statements, the Senior Notes are a liability of Ruby Tuesday, Inc. (the “Parent”) and are guaranteed on a senior unsecured basis by our existing and future domestic restricted subsidiaries, subject to certain exceptions (the “Guarantors”). Each of the Guarantors is wholly-owned by Ruby Tuesday, Inc. None of the few remaining subsidiaries of Ruby Tuesday, Inc., which were primarily created to hold liquor license assets, guarantee the Senior Notes (the “Non-Guarantors”). Our Non-Guarantor subsidiaries are immaterial and are aggregated within the Parent information disclosed below. The following condensed consolidating financial information, which has been prepared in accordance with the requirements for presentation of Rule 3-10(f) of Regulation S-X promulgated by the Securities and Exchange Commission, presents the condensed consolidating financial information separately for the Parent, the Guarantors, and elimination entries necessary to consolidate the Parent and Guarantors. Investments in wholly-owned subsidiaries are accounted for using the equity method for purposes of the consolidated presentation. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions. Condensed Consolidating Balance Sheet As of August 30, 2016 (In thousands) Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 68,515 $ 146 $ – $ 68,661 Accounts and other receivables 2, 625 4, 483 – 7,108 Inventories 13,653 5,005 – 18,658 Income tax receivable 170,031 – ( 165,310 ) 4,721 Other current assets 12, 652 9, 840 – 22,49 2 Total current assets 267,476 19,474 ( 165,310 ) 121,6 40 Property and equipment, net 491,229 160,548 – 651,777 Investment in subsidiaries 8 2,482 – ( 82,482 ) – Due from/(to) subsidiaries 8 1,389 216,770 ( 298,159 ) – Other assets 39,993 4,749 – 44,7 42 Total assets $ 962,569 $ 401,541 $ ( 545,951 ) $ 818,159 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 18,065 $ 3,968 $ – $ 2 2,033 Accrued and other current liabilities 5 2,324 39, 834 – 92,158 Current maturities of long-term debt, including capital leases ( 1,088 ) 10,869 – 9, 781 Income tax payable – 165,310 ( 165,310 ) – Total current liabilities 69,301 219,981 ( 165,310 ) 123,972 Long-term debt and capital leases, less current maturities 209,350 4,378 – 213,728 Due to/(from) subsidiaries 216,770 8 1,389 ( 298,159 ) – Other deferred liabilities 97, 869 13, 311 – 111, 180 Total liabilities 593, 290 3 19,059 ( 463,469 ) 448,880 Shareholders ’ equity: Common stock 602 – – 602 Capital in excess of par value 7 6,772 – – 7 6,772 Retained earnings 301,658 82,482 ( 82,482 ) 301,658 Accumulated other comprehensive loss ( 9,753 ) – – ( 9,753 ) Total shareholders ’ equity 369,279 82,482 ( 82,482 ) 369,279 Total liabilities & shareholders ’ equity $ 962, 569 $ 40 1,541 $ ( 545,951 ) $ 818,159 Condensed Consolidating Balance Sheet As of May 31, 2016 (In thousands) Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 67,208 $ 133 $ – $ 67,341 Accounts and other receivables 8,102 4,725 – 12,827 Inventories 15,401 6,194 – 21,595 Income tax receivable 167,065 – (164,062 ) 3,003 Other current assets 11,282 4,868 – 16,150 Total current assets 269,058 15,920 (164,062 ) 120,916 Property and equipment, net 501,482 169,768 – 671,250 Investment in subsidiaries 98,929 – (98,929 ) – Due from/(to) subsidiaries 76,208 213,816 (290,024 ) – Other assets 40,626 5,125 – 45,751 Total assets $ 986,303 $ 404,629 $ (553,015 ) $ 837,917 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 17,405 $ 4,736 $ – $ 22,141 Accrued and other current liabilities 35,674 29,957 – 65,631 Current maturities of long-term debt, including capital leases (1,067 ) 11,001 – 9,934 Income tax payable – 164,062 (164,062 ) – Total current liabilities 52,012 209,756 (164,062 ) 97,706 Long-term debt and capital leases, less current maturities 209,058 4,745 – 213,803 Due to/(from) subsidiaries 213,816 76,208 (290,024 ) – Other deferred liabilities 103,637 14,991 – 118,628 Total liabilities 578,523 305,700 (454,086 ) 430,137 Shareholders ’ equity: Common stock 601 – – 601 Capital in excess of par value 75,938 – – 75,938 Retained earnings 341,350 98,929 (98,929 ) 341,350 Accumulated other comprehensive loss (10,109 ) – – (10,109 ) Total shareholders ’ equity 407,780 98,929 (98,929 ) 407,780 Total liabilities & shareholders ’ equity $ 986,303 $ 404,629 $ (553,015 ) $ 837,917 Condensed Consolidating Statement of Operations and Comprehensive Loss For the Thirteen Weeks Ended August 30, 2016 (In thousands) Parent Guarantors Eliminations Consolidated Revenue: Restaurant sales and operating revenue $ 185,088 $ 70,676 $ – $ 255,764 Franchise revenue 10 883 – 893 Total revenue 185,098 71,559 – 256,657 Operating costs and expenses: Cost of goods sold 52,182 20,008 – 72,190 Payroll and related costs 63,575 27,032 – 90,607 Other restaurant operating costs 40,976 16,387 – 57,363 Depreciation and amortization 8,088 3,141 – 11,229 Selling, general, and administrative 19,386 12,199 – 31,585 Intercompany selling, general, and administrative allocations 10,363 ( 10,363 ) – – Closures and impairments, net 1 6,584 1 3,608 – 30,192 Equity in losses of subsidiaries 9,032 – (9,032 ) – Interest expense, net 4,582 295 – 4,877 Intercompany interest expense/(income) 2,953 ( 2,953 ) – – Total operating costs and expenses 22 7,721 79,354 (9,032 ) 298,043 Loss before income taxes ( 42,623 ) (7,795 ) 9,032 ( 41,386 ) (Benefit)/provision for income taxes ( 2,931 ) 1,237 – ( 1,694 ) Net loss $ ( 39,692 ) $ (9,032 ) $ 9,032 $ ( 39,692 ) Other comprehensive income: Pension liability reclassification 355 – – 355 Total comprehensive loss $ ( 39,337 ) $ (9,032 ) $ 9,032 $ ( 39,337 ) Condensed Consolidating Statement of Operations and Comprehensive Loss For the Thirteen Weeks Ended September 1, 2015 (In thousands) Parent Guarantors Eliminations Consolidated Revenue: Restaurant sales and operating revenue $ 201,416 $ 76,491 $ – $ 277,907 Franchise revenue 15 1,558 – 1,573 Total revenue 201,431 78,049 – 279,480 Operating costs and expenses: Cost of goods sold 55,228 21,013 – 76,241 Payroll and related costs 67,341 27,994 – 95,335 Other restaurant operating costs 45,202 17,005 – 62,207 Depreciation and amortization 9,127 3,679 – 12,806 Selling, general, and administrative 20,589 8,807 – 29,396 Intercompany selling, general, and administrative allocations 11,126 ( 11,126 ) – – Closures and impairments, net 2,589 123 – 2,712 Equity in earnings of subsidiaries ( 11,966 ) – 11,966 – Interest expense, net 4,598 1,402 – 6,000 Intercompany interest expense/(income) 2,975 ( 2,975 ) – – Total operating costs and expenses 206,809 65,922 11,966 284,697 (Loss)/income before income taxes ( 5,378 ) 12,127 ( 11,966 ) ( 5,217 ) (Benefit)/provision for income taxes ( 1,184 ) 161 – ( 1,023 ) Net (loss)/income $ ( 4,194 ) $ 11,966 $ ( 11,966 ) $ ( 4,194 ) Other comprehensive loss: Pension liability reclassification, net of tax ( 44 ) – – ( 44 ) Total comprehensive (loss)/income $ ( 4,238 ) $ 11,966 $ ( 11,966 ) $ ( 4,238 ) Condensed Consolidating Statement of Cash Flows For the Thirteen Weeks Ended August 30, 2016 (In thousands) Parent Guarantors Eliminations Consolidated Net cash provided by operating activities $ 4,204 $ 9,280 $ ( 11,877 ) $ 1, 607 Investing activities: Purchases of property and equipment (4,992 ) (1,366 ) – ( 6,358 ) Proceeds from disposal of assets 5,257 – – 5,257 Other, net 1,322 – – 1,322 Net cash provided/(used) by investing activities 1,587 (1,366 ) – 221 Financing activities: Principal payments on long-term debt 11 (486 ) – ( 475 ) Stock repurchases ( 26 ) – – ( 26 ) Payments for debt issuance costs ( 7 ) – – ( 7 ) Intercompany dividend – (7,415 ) 7,415 – Other intercompany transactions (4,462 ) – 4,462 – Net cash used by financing activities (4,484 ) (7,901 ) 11,877 ( 508 ) In crease in cash and cash equivalents 1,307 13 – 1,320 Cash and cash equivalents: Beginning of fiscal year 67,208 133 – 67,341 End of quarter $ 68,515 $ 146 $ – $ 6 8,661 Consolidating Statement of Cash Flows For the Thirteen Weeks Ended September 1, 2015 (In thousands) Parent Guarantors Eliminations Consolidated Net cash (used)/provided by operating activities $ (6,213 ) $ 22,659 $ (18,917 ) $ (2,471 ) Investing activities: Purchases of property and equipment ( 7,138 ) ( 2,804 ) – ( 9,942 ) Proceeds from disposal of assets 2,746 – – 2,746 Other, net 209 – – 209 Net cash used by investing activities ( 4,183 ) ( 2,804 ) – ( 6,987 ) Financing activities: Principal payments on long-term debt 11 ( 8,912 ) – ( 8,901 ) Stock repurchases ( 9 ) – – ( 9 ) Payments for debt issuance costs ( 25 ) – – ( 25 ) Intercompany dividend – (10,946 ) 10,946 – Other intercompany transactions (7,971 ) – 7,971 – Net cash used by financing activities (7,994 ) ( 19,858 ) 18,917 ( 8,935 ) D ecrease in cash and cash equivalents (18,390 ) ( 3 ) – (18,393 ) Cash and cash equivalents: Beginning of fiscal year 75,034 297 – 75,331 End of quarter $ 56,644 $ 294 $ – $ 56,938

Note 14 - Recently Issued Accou

Note 14 - Recently Issued Accounting Pronouncements	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	14. Recently Issued Accounting Pronouncements Accounting Pronouncements Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In August 2014, the FASB issued ASU 2014-15, Presentation of Finan cial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern . In May 2014, the FASB and International Accounting Standards Board jointly issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) .

Note 15 - Subsequent Events

Note 15 - Subsequent Events	3 Months Ended
	Aug. 30, 2016
Notes to Financial Statements
Subsequent Events [Text Block]	15. Subsequent Events On September 13, 2016, James J. Buettgen resigned as Chairman of the Board of Directors, President, and Chief Executive Officer of the Company. On the same date, F. Lane Cardwell, Jr., a member of the Company’s Board of Directors since October 2012 and an executive with approximately 38 years of leadership experience in the restaurant industry, was appointed Interim President and Chief Executive Officer, Stephen I. Sadove, the Company’s then Lead Director, was appointed Chairman of the Board and Sue Briley was appointed Chief Financial Officer. Ms. Briley had been serving as Interim Chief Financial Officer since June 2016. On September 22, 2016, we announced that we had entered into an agreement to sell for $2.8 million one of two office buildings comprising our Restaurant Support Center in Maryville, Tennessee. The building being sold had an August 30, 2016 net book value of $6.0 million. We also announced that we will consolidate our two Tennessee Restaurant Support Center office buildings into the one remaining building by January 2017. As previously mentioned in Note 7 to the Condensed Consolidated Financial Statements, we had a liability for future lease obligations of $31.9 million as of August 30, 2016. Since then and through the date of this filing , we settled seven of these leases for $3.1 million, which approximated the amount of our accrual for those leases at August 30, 2016.

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Aug. 30, 2016
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Pronouncements Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In August 2014, the FASB issued ASU 2014-15, Presentation of Finan cial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern . In May 2014, the FASB and International Accounting Standards Board jointly issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) .

Note 2 - Loss Per Share (Tables

Note 2 - Loss Per Share (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Thirteen weeks ended August 30, 2016 September 1, 2015 Net loss $ ( 39,692 ) $ (4,194 ) Weighted average common shares outstanding 59,790 61,344 Dilutive effect of stock options and restricted stock – – Weighted average common and dilutive potential common shares outstanding 59,790 61,344 Basic net loss per share $ (0. 66 ) $ (0.07 ) Diluted net loss per share $ (0. 66 ) $ (0.07 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Thirteen weeks ended August 30, 2016 September 1, 2015 Stock options 2,393 2,813 Restricted stock / Restricted stock units 758 749 Total 3,151 3,562

Note 4 - Accounts and Other R23

Note 4 - Accounts and Other Receivables (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	August 30, 2016 May 31, 2016 Amounts due from franchisees $ 3,318 $ 3,013 Third-party gift card sales 925 1,272 Rebates receivable 819 1,001 Receivables from sales of Lime Fresh Mexican Grill assets 140 5,289 Other receivables 1, 906 2,252 $ 7,108 $ 12,827

Note 5 - Property, Equipment,24

Note 5 - Property, Equipment, and Assets Held for Sale (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	August 30, 2016 May 31, 2016 Land $ 182,829 $ 209,930 Buildings 381,496 398,984 Improvements 294,500 303,032 Restaurant equipment 216,542 222,646 Other equipment 80,026 82,204 Surplus properties* 37,302 4,354 Construction in progress and other 2,239 3,325 1,194,93 4 1,224,475 Less accumulated depreciation 543,157 553,225 Property and equipment, net $ 651,777 $ 671,250

Note 6 - Long-term Debt and C25

Note 6 - Long-term Debt and Capital Leases (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	August 30, 2016 May 31 , 2016 Senior unsecured notes $ 212,546 $ 212,546 Unamortized discount ( 1,675 ) (1,771 ) Unamortized debt issuance costs ( 2,832 ) (2,995 ) Senior unsecured notes less unamortized discount and debt issuance costs 208,039 207,780 Revolving credit facility – – Mortgage loan obligations 15,258 15,745 Unamortized premium - mortgage loan obligations 47 75 Unamortized debt issuance costs - mortgage loan obligations ( 58 ) (74 ) Capital lease obligations 223 211 Total long-term debt and capital leases 223,509 223,737 Less current maturities 9,781 9,934 Long-term debt and capital leases, less current maturities $ 213,728 $ 213,803

Note 7 - Closures and Impairm26

Note 7 - Closures and Impairments Expense (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Closures and Impairment Expenses [Table Text Block]	Thirteen weeks ended August 30, 2016 September 1, 2015 Property impairments $ 6,580 $ 2,577 Closed restaurant lease reserves 17,728 604 Inventory write-off 2,754 – Severance benefits 1, 760 18 Other closing expense 1,427 103 Gain on sale of surplus properties ( 57 ) (590 ) Closures and impairments, net $ 30,192 $ 2,712
Future Lease Obligations Associated with Closed Properties [Table Text Block]	Reserve for Lease Obligations Balance at May 31, 2016 $ 6,270 Closing expense including rent and other lease charges 17,728 Payments ( 1,393 ) Adjustments to deferred escalating minimum rent 9,283 Balance at August 30, 2016 $ 31,888

Note 8 - Employee Post-employ27

Note 8 - Employee Post-employment Benefits (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Pension Plans Thirteen weeks ended August 30, 2016 September 1, 2015 Service cost $ 6 $ 230 Interest cost 420 599 Expected return on plan assets ( 91 ) ( 103 ) Recognized actuarial loss 338 628 Net periodic benefit cost $ 673 $ 1,354 Postretirement Medical and Life Benefits Thirteen weeks ended August 30, 2016 September 1, 2015 Service cost $ 1 $ 1 Interest cost 9 12 Recognized actuarial loss 17 32 Net periodic benefit cost $ 2 7 $ 45
Schedule of Unpaid Employee Separation Obligations Included in Accrued Payroll and Related Costs [Table Text Block]	Balance at May 31, 2016 $ 317 Employee severance and unused vacation accruals 2,020 Cash payments ( 2,068 ) Balance at August 30, 2016 $ 269

Note 10 - Share-based Employe28

Note 10 - Share-based Employee Compensation (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value Service-based vesting: Outstanding at May 31, 2016 2,066 $ 7. 89 Granted 809 3.82 Cancellations and forfeitures ( 3 ) 6.40 Expired ( 87 ) 6.64 Outstanding at August 30, 2016 2,785 $ 6.75 4.07 $ – Exercisable at August 30, 2016 1,806 $ 8.14 2.72 $ –
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	Shares Weighted Average Fair Value Service-Based Vesting: Unvested at May 31, 2016 564 $ 6. 29 Granted 292 3.82 Vested ( 102 ) 6.67 Cancellations and forfeitures ( 16 ) 6.47 Unvested at August 30, 2016 738 $ 5.25 Performance-Based Vesting: Unvested at May 31, 2016 225 $ 6.51 Cancellations and forfeitures ( 5 ) 6.51 Unvested at August 30, 2016 220 $ 6.51

Note 12 - Fair Value Measurem29

Note 12 - Fair Value Measurements (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Level August 30, 2016 May 31, 2016 Deferred compensation plan – Assets 1 $ 6,743 $ 6,660 Deferred compensation plan – Liabilities 1 ( 6,743 ) (6,660 )
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements Level August 30, 2016 Long-lived assets held for use 2 $ 1,195 Long-lived assets held for sale 2 695 Total $ 1,890
Schedule of Gains and Losses Recognized from Fair Value Measurements on Non-Recurring Basis [Table Text Block]	Thirteen weeks ended August 30, 2016 September 1, 2015 Long-lived assets held for use $ 4,266 $ 2,485 Long-lived assets held for sale 2,314 92 Property impairments $ 6,580 $ 2,577
Fair Value, by Balance Sheet Grouping [Table Text Block]	August 30, 2016 May 31, 2016 Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt (Level 2) $ 223,286 $ 218,762 $ 223,526 $ 223,212

Note 13 - Supplemental Conden30

Note 13 - Supplemental Condensed Consolidating Financial Statements (Tables)	3 Months Ended
	Aug. 30, 2016
Notes Tables
Condensed Balance Sheet [Table Text Block]	Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 68,515 $ 146 $ – $ 68,661 Accounts and other receivables 2, 625 4, 483 – 7,108 Inventories 13,653 5,005 – 18,658 Income tax receivable 170,031 – ( 165,310 ) 4,721 Other current assets 12, 652 9, 840 – 22,49 2 Total current assets 267,476 19,474 ( 165,310 ) 121,6 40 Property and equipment, net 491,229 160,548 – 651,777 Investment in subsidiaries 8 2,482 – ( 82,482 ) – Due from/(to) subsidiaries 8 1,389 216,770 ( 298,159 ) – Other assets 39,993 4,749 – 44,7 42 Total assets $ 962,569 $ 401,541 $ ( 545,951 ) $ 818,159 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 18,065 $ 3,968 $ – $ 2 2,033 Accrued and other current liabilities 5 2,324 39, 834 – 92,158 Current maturities of long-term debt, including capital leases ( 1,088 ) 10,869 – 9, 781 Income tax payable – 165,310 ( 165,310 ) – Total current liabilities 69,301 219,981 ( 165,310 ) 123,972 Long-term debt and capital leases, less current maturities 209,350 4,378 – 213,728 Due to/(from) subsidiaries 216,770 8 1,389 ( 298,159 ) – Other deferred liabilities 97, 869 13, 311 – 111, 180 Total liabilities 593, 290 3 19,059 ( 463,469 ) 448,880 Shareholders ’ equity: Common stock 602 – – 602 Capital in excess of par value 7 6,772 – – 7 6,772 Retained earnings 301,658 82,482 ( 82,482 ) 301,658 Accumulated other comprehensive loss ( 9,753 ) – – ( 9,753 ) Total shareholders ’ equity 369,279 82,482 ( 82,482 ) 369,279 Total liabilities & shareholders ’ equity $ 962, 569 $ 40 1,541 $ ( 545,951 ) $ 818,159 Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 67,208 $ 133 $ – $ 67,341 Accounts and other receivables 8,102 4,725 – 12,827 Inventories 15,401 6,194 – 21,595 Income tax receivable 167,065 – (164,062 ) 3,003 Other current assets 11,282 4,868 – 16,150 Total current assets 269,058 15,920 (164,062 ) 120,916 Property and equipment, net 501,482 169,768 – 671,250 Investment in subsidiaries 98,929 – (98,929 ) – Due from/(to) subsidiaries 76,208 213,816 (290,024 ) – Other assets 40,626 5,125 – 45,751 Total assets $ 986,303 $ 404,629 $ (553,015 ) $ 837,917 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 17,405 $ 4,736 $ – $ 22,141 Accrued and other current liabilities 35,674 29,957 – 65,631 Current maturities of long-term debt, including capital leases (1,067 ) 11,001 – 9,934 Income tax payable – 164,062 (164,062 ) – Total current liabilities 52,012 209,756 (164,062 ) 97,706 Long-term debt and capital leases, less current maturities 209,058 4,745 – 213,803 Due to/(from) subsidiaries 213,816 76,208 (290,024 ) – Other deferred liabilities 103,637 14,991 – 118,628 Total liabilities 578,523 305,700 (454,086 ) 430,137 Shareholders ’ equity: Common stock 601 – – 601 Capital in excess of par value 75,938 – – 75,938 Retained earnings 341,350 98,929 (98,929 ) 341,350 Accumulated other comprehensive loss (10,109 ) – – (10,109 ) Total shareholders ’ equity 407,780 98,929 (98,929 ) 407,780 Total liabilities & shareholders ’ equity $ 986,303 $ 404,629 $ (553,015 ) $ 837,917
Condensed Income Statement [Table Text Block]	Parent Guarantors Eliminations Consolidated Revenue: Restaurant sales and operating revenue $ 185,088 $ 70,676 $ – $ 255,764 Franchise revenue 10 883 – 893 Total revenue 185,098 71,559 – 256,657 Operating costs and expenses: Cost of goods sold 52,182 20,008 – 72,190 Payroll and related costs 63,575 27,032 – 90,607 Other restaurant operating costs 40,976 16,387 – 57,363 Depreciation and amortization 8,088 3,141 – 11,229 Selling, general, and administrative 19,386 12,199 – 31,585 Intercompany selling, general, and administrative allocations 10,363 ( 10,363 ) – – Closures and impairments, net 1 6,584 1 3,608 – 30,192 Equity in losses of subsidiaries 9,032 – (9,032 ) – Interest expense, net 4,582 295 – 4,877 Intercompany interest expense/(income) 2,953 ( 2,953 ) – – Total operating costs and expenses 22 7,721 79,354 (9,032 ) 298,043 Loss before income taxes ( 42,623 ) (7,795 ) 9,032 ( 41,386 ) (Benefit)/provision for income taxes ( 2,931 ) 1,237 – ( 1,694 ) Net loss $ ( 39,692 ) $ (9,032 ) $ 9,032 $ ( 39,692 ) Other comprehensive income: Pension liability reclassification 355 – – 355 Total comprehensive loss $ ( 39,337 ) $ (9,032 ) $ 9,032 $ ( 39,337 ) Parent Guarantors Eliminations Consolidated Revenue: Restaurant sales and operating revenue $ 201,416 $ 76,491 $ – $ 277,907 Franchise revenue 15 1,558 – 1,573 Total revenue 201,431 78,049 – 279,480 Operating costs and expenses: Cost of goods sold 55,228 21,013 – 76,241 Payroll and related costs 67,341 27,994 – 95,335 Other restaurant operating costs 45,202 17,005 – 62,207 Depreciation and amortization 9,127 3,679 – 12,806 Selling, general, and administrative 20,589 8,807 – 29,396 Intercompany selling, general, and administrative allocations 11,126 ( 11,126 ) – – Closures and impairments, net 2,589 123 – 2,712 Equity in earnings of subsidiaries ( 11,966 ) – 11,966 – Interest expense, net 4,598 1,402 – 6,000 Intercompany interest expense/(income) 2,975 ( 2,975 ) – – Total operating costs and expenses 206,809 65,922 11,966 284,697 (Loss)/income before income taxes ( 5,378 ) 12,127 ( 11,966 ) ( 5,217 ) (Benefit)/provision for income taxes ( 1,184 ) 161 – ( 1,023 ) Net (loss)/income $ ( 4,194 ) $ 11,966 $ ( 11,966 ) $ ( 4,194 ) Other comprehensive loss: Pension liability reclassification, net of tax ( 44 ) – – ( 44 ) Total comprehensive (loss)/income $ ( 4,238 ) $ 11,966 $ ( 11,966 ) $ ( 4,238 )
Condensed Cash Flow Statement [Table Text Block]	Parent Guarantors Eliminations Consolidated Net cash provided by operating activities $ 4,204 $ 9,280 $ ( 11,877 ) $ 1, 607 Investing activities: Purchases of property and equipment (4,992 ) (1,366 ) – ( 6,358 ) Proceeds from disposal of assets 5,257 – – 5,257 Other, net 1,322 – – 1,322 Net cash provided/(used) by investing activities 1,587 (1,366 ) – 221 Financing activities: Principal payments on long-term debt 11 (486 ) – ( 475 ) Stock repurchases ( 26 ) – – ( 26 ) Payments for debt issuance costs ( 7 ) – – ( 7 ) Intercompany dividend – (7,415 ) 7,415 – Other intercompany transactions (4,462 ) – 4,462 – Net cash used by financing activities (4,484 ) (7,901 ) 11,877 ( 508 ) In crease in cash and cash equivalents 1,307 13 – 1,320 Cash and cash equivalents: Beginning of fiscal year 67,208 133 – 67,341 End of quarter $ 68,515 $ 146 $ – $ 6 8,661 Parent Guarantors Eliminations Consolidated Net cash (used)/provided by operating activities $ (6,213 ) $ 22,659 $ (18,917 ) $ (2,471 ) Investing activities: Purchases of property and equipment ( 7,138 ) ( 2,804 ) – ( 9,942 ) Proceeds from disposal of assets 2,746 – – 2,746 Other, net 209 – – 209 Net cash used by investing activities ( 4,183 ) ( 2,804 ) – ( 6,987 ) Financing activities: Principal payments on long-term debt 11 ( 8,912 ) – ( 8,901 ) Stock repurchases ( 9 ) – – ( 9 ) Payments for debt issuance costs ( 25 ) – – ( 25 ) Intercompany dividend – (10,946 ) 10,946 – Other intercompany transactions (7,971 ) – 7,971 – Net cash used by financing activities (7,994 ) ( 19,858 ) 18,917 ( 8,935 ) D ecrease in cash and cash equivalents (18,390 ) ( 3 ) – (18,393 ) Cash and cash equivalents: Beginning of fiscal year 75,034 297 – 75,331 End of quarter $ 56,644 $ 294 $ – $ 56,938

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual)	Aug. 11, 2016	Aug. 30, 2016	May 31, 2016	Dec. 03, 2013
Ruby Tuesday [Member]
Number of Restaurants		547
Lime Fresh [Member]
Number of Restaurants		1
Number of Company-owned Restaurants Agreed During the Period to Sell			8
Number of Company-owned Restaurants Planned to Close		1
Number of Restaurants Closed	95	99
Number of Restaurants				49

Note 2 - Loss Per Share - Weigh

Note 2 - Loss Per Share - Weighted-Average Common and Dilutive Potential Common Shares Outstanding (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Net loss	$ (39,692)	$ (4,194)
Weighted average common shares outstanding (in shares)	59,790	61,344
Dilutive effect of stock options and restricted stock (in shares)
Weighted average common and dilutive potential common shares outstanding (in shares)	59,790	61,344
Basic net loss per share (in dollars per share)	$ (0.66)	$ (0.07)
Diluted net loss per share (in dollars per share)	$ (0.66)	$ (0.07)

Note 2 - Loss Per Share - Antid

Note 2 - Loss Per Share - Antidilutive Shares Excluded from Computation of Diluted Earnings (Loss) Per Share (Details) - shares shares in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Employee Stock Option [Member]
Antidilutive Securities (in shares)	2,393	2,813
Restricted Stock [Member]
Antidilutive Securities (in shares)	758	749
Antidilutive Securities (in shares)	3,151	3,562

Note 3 - Franchise Programs (De

Note 3 - Franchise Programs (Details Textual) $ in Millions	3 Months Ended
	Aug. 30, 2016USD ($)	Sep. 01, 2015USD ($)
Ruby Tuesday [Member]
Number of Franchise Restaurants	68
Royalty Fee Percentage	4.00%
Operating Agreements Marketing and Purchase Fee Gross Sales Contribution Maximum	1.50%
Operating Agreements National Advertising Fund Gross Sales Contribution Maximum	1.50%
Operating Agreements Support Service Fee Gross Sales Contribution Maximum	3.00%
Development and Licensing Fee Income in Conjunction with New Openings	$ 0.2	$ 0.5

Note 4 - Accounts and Other R35

Note 4 - Accounts and Other Receivables (Details Textual) $ in Thousands	Aug. 11, 2016	Jun. 14, 2016	Jun. 01, 2016USD ($)	May 31, 2016USD ($)	Aug. 30, 2016USD ($)	Sep. 01, 2015USD ($)
Lime Fresh [Member] | Pre-amendment [Member]
Disposal Group, Including Discontinued Operation, Consideration				$ 6,000
Lime Fresh [Member] | Six Restaurants Meeting the Closing Requirements [Member]
Disposal Group, Including Discontinued Operation, Consideration				5,000
Lime Fresh [Member] | Buyer of Lime Fresh Restuarants [Member]
Proceeds from Sale of Property, Plant, and Equipment			$ 5,000
Lime Fresh [Member] | Buyer of Lime Fresh Brand [Member]
Disposal Group, Including Discontinued Operation, Consideration				$ 300	$ 100
Lime Fresh [Member]
Sale of Assets, Number of Buyers				2
Number of Company-owned Restaurants Agreed During the Period to Sell				8
Disposal Group, Including Discontinued Operation, Consideration				$ 5,300
Company-owned Restaurants Agreed to Sell, Number of Restaurants for Which Closing Requirements Were Satisfied				6
Sale of Assets, Amount to Be Received, Holdback Until Transfer of All Remaining Restaurants				$ 1,000	1,000
Sale of Assets, Number of Restaurants Remaining to Be Closed and Transferred to the Buyer				2
Number of Restaurants Closed				6
Number of Restaurants Sold		1
Disposal Group, Including Discontinued Operation, Consideration				$ 5,289	$ 140
Number of Restaurants Closed	95				99
Proceeds from Sale of Property, Plant, and Equipment					$ 5,257	$ 2,746

Note 4 - Accounts and Other R36

Note 4 - Accounts and Other Receivable - Accounts Receivable, Current (Details) - USD ($) $ in Thousands	Aug. 30, 2016	May 31, 2016
Rebates [Member]
Receivables	$ 819	$ 1,001
Amounts due from franchisees	3,318	3,013
Third-party gift card sales	925	1,272
Receivables	7,108	12,827
Disposal Group, Including Discontinued Operation, Consideration	140	5,289
Other receivables	$ 1,906	$ 2,252

Note 5 - Property, Equipment,37

Note 5 - Property, Equipment, and Assets Held for Sale (Details Textual) - USD ($)	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015	May 31, 2016
Disposal Group, Including Discontinued Operation, Assets, Current	$ 11,849,000		$ 4,642,000
Property, Plant and Equipment, Disposals	0	$ 2,100,000
Gain (Loss) on Disposition of Property Plant Equipment	100,000	600,000
Proceeds from Sale of Property Plant and Equipment, Net	$ 100,000	$ 2,700,000

Note 5 - Property, Equipment,38

Note 5 - Property, Equipment, Assets Held for Sale, Operating Leases, and Sale-leaseback Transactions - Property and Equipment, Net (Details) - USD ($) $ in Thousands		Aug. 30, 2016	May 31, 2016
Land [Member]
Property, plant and equipment		$ 182,829	$ 209,930
Building [Member]
Property, plant and equipment		381,496	398,984
Building Improvements [Member]
Property, plant and equipment		294,500	303,032
Restaurant Equipment [Member]
Property, plant and equipment		216,542	222,646
Other Equipment [Member]
Property, plant and equipment		80,026	82,204
Other Capitalized Property Plant and Equipment [Member]
Property, plant and equipment	[1]	37,302	4,354
Construction in Progress and Other [Member]
Property, plant and equipment		2,239	3,325
Property, plant and equipment		1,194,934	1,224,475
Less accumulated depreciation		543,157	553,225
Property and equipment, net		$ 651,777	$ 671,250
[1]	Surplus properties represent assets held for sale that are not classified as such in the Consolidated Balance Sheets as we have yet to conclude that we can sell these assets within the next 12 months. These assets primarily consist of parcels of land upon which we have no intention to build restaurants, closed properties which include a building, and liquor licenses not needed for operations.

Note 6 - Long-term Debt and C39

Note 6 - Long-term Debt and Capital Leases (Details Textual)	Dec. 03, 2013USD ($)	May 14, 2012USD ($)	Jun. 06, 2017	Aug. 30, 2016USD ($)	Mar. 07, 2017	May 31, 2016USD ($)
Senior Notes [Member]
Debt Instrument, Face Amount		$ 250,000,000
Debt Instrument, Interest Rate, Stated Percentage		7.625%
Debt Instrument, Unamortized Discount		$ 3,700,000		$ 1,675,000		$ 1,771,000
Debt Instrument, Term		8 years
Debt Instrument, Cumulative Sinking Fund Payments				$ 0
Debt Instrument, Maturity Date				May 15, 2020
Debt Instrument Repurchased Amount Authorized				$ 20,000,000
Debt Instrument, Repurchase Amount				0
Mortgages [Member] | Minimum [Member]
Range of Loan Balances				$ 600,000
Debt Instrument, Interest Rate, Effective Percentage				7.60%
Mortgages [Member] | Maximum [Member]
Range of Loan Balances				$ 6,800,000
Debt Instrument, Interest Rate, Effective Percentage				10.17%
Mortgages [Member]
Secured Debt				$ 15,200,000
Long-term Debt and Capital Lease Obligations, Current				9,400,000
Rent and Other Line Item [Member]
Interest Payable, Current				5,000,000		1,000,000
Revolving Credit Facility [Member] | Federal Funds Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.50%
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Revolving Credit Facility [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Revolving Credit Facility [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%
Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.40%
Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.75%
Revolving Credit Facility [Member] | Scenario, Forecast [Member]
Line of Credit Facility, Maximum Leverage Ratio			4.25		4.3
Line of Credit Facility, Minimum Fixed Charge Coverage Ratio			1.7		1.65
Revolving Credit Facility [Member]
Debt Instrument, Term	4 years
Line of Credit Facility, Current Borrowing Capacity	$ 50,000,000
Option to Increase Revolving Credit Facility Capacity	$ 35,000,000
Credit Facility Interest Rate, Floor	0.00%
Debt Instrument, Collateral Amount, Appraised Value	$ 101,400,000
Debt Instrument, Collateral Amount				77,800,000
Long-term Line of Credit				0
Line of Credit Facility, Remaining Borrowing Capacity				$ 38,500,000
Line of Credit Facility, Maximum Leverage Ratio				4.4
Line of Credit Facility, Minimum Fixed Charge Coverage Ratio				1.6
Sub-limit for Standby Letters of Credit [Member]
Line of Credit Facility, Current Borrowing Capacity	$ 25,000,000
Number of Restaurants	49
Secured Debt				$ 15,258,000		15,745,000
Long-term Debt and Capital Lease Obligations, Current				$ 9,781,000		$ 9,934,000

Note 6 - Long-term Debt and C40

Note 6 - Long-term Debt and Capital Leases - Long-Term Debt and Capital Lease Obligations (Details) - USD ($)	Aug. 30, 2016	May 31, 2016	May 14, 2012
Senior Notes [Member]
Senior unsecured notes	$ 212,546,000	$ 212,546,000
Unamortized discount	(1,675,000)	(1,771,000)	$ (3,700,000)
Unamortized debt issuance costs	(2,832,000)	(2,995,000)
Senior unsecured notes less unamortized discount and debt issuance costs	208,039,000	207,780,000
Unamortized debt issuance costs	(58,000)	(74,000)
Mortgage loan obligations	15,258,000	15,745,000
Unamortized premium - mortgage loan obligations	47,000	75,000
Capital lease obligations	223,000	211,000
Total long-term debt and capital leases	223,509,000	223,737,000
Less current maturities	9,781,000	9,934,000
Long-term debt and capital leases, less current maturities	$ 213,728,000	$ 213,803,000

Note 7 - Closures and Impairm41

Note 7 - Closures and Impairments Expense (Details Textual) $ in Thousands	Aug. 11, 2016	Aug. 30, 2016USD ($)	Sep. 01, 2015USD ($)	May 31, 2016USD ($)
Closed Restaurant Lease Reserves, Inventory Write-off, Severance Benefits, and Other Closing Expenses [Member]
Closures and Impairments Expenses		$ 24,700
Rent and Other [Member]
Operating Lease Obligation		$ 27,900		$ 3,500
Number of Restaurants Closed	95	99
Closures and Impairments Expenses		$ 30,192	$ 2,712
Operating Lease Obligation		$ 31,888		$ 6,270

Note 7 - Closures and Impairm42

Note 7 - Closures and Impairments Expense, Including Trademark Impairments - Closures and Impairments Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Property [Member] | Continuing Operations [Member]
Closures and Impairments Expenses	$ 6,580	$ 2,577
Continuing Operations [Member] | Other Closing Expense [Member]
Closures and Impairments Expenses	1,427	103
Continuing Operations [Member]
Closures and Impairments Expenses	30,192	2,712
Closed restaurant lease reserves	17,728	604
Inventory write-off	2,754
Severance Costs	1,760	18
Gain on sale of surplus properties	(57)	(590)
Closures and Impairments Expenses	30,192	2,712
Closed restaurant lease reserves	17,728
Inventory write-off	2,754
Severance Costs	$ 2,020

Note 7 - Closures and Impairm43

Note 7 - Closures and Impairments Expense, Including Trademark Impairments - Future Liabilites Associated with Closed Properties (Details) $ in Thousands	3 Months Ended
	Aug. 30, 2016USD ($)
Balance	$ 6,270
Closing expense including rent and other lease charges	17,728
Payments	(1,393)
Adjustments to deferred escalating minimum rent	9,283
Balance	$ 31,888

Note 8 - Employee Post-employ44

Note 8 - Employee Post-employment Benefits (Details Textual) $ in Thousands	Aug. 11, 2016	Aug. 30, 2016USD ($)	Sep. 01, 2015USD ($)	May 31, 2016USD ($)
Pension Plan [Member] | Payroll and Related Costs [Member]
Defined Benefit Pension Plan Liabilities, Current		$ 2,500		$ 2,500
Pension Plan [Member] | Other Deferred Liabilities [Member]
Defined Benefit Pension Plan, Liabilities, Noncurrent		34,700		35,700
Pension Plan [Member]
Defined Benefit Plan, Amortization of Gains (Losses)		(338)	$ (628)
Post-retirement Medical and Life Benefits Plans [Member] | Payroll and Related Costs [Member]
Defined Benefit Pension Plan Liabilities, Current		100		100
Post-retirement Medical and Life Benefits Plans [Member] | Other Deferred Liabilities [Member]
Defined Benefit Pension Plan, Liabilities, Noncurrent		1,000		1,000
Retirement Plan [Member]
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year		100
Selling, General and Administrative Expense [Member] | Employee Severance [Member]
Closures and Impairments Expenses		300
Employee Severance [Member]
Employee-related Liabilities, Current		300		300
Closures and Impairments Expenses		1,700
Selling, General and Administrative Expenses [Member]
Defined Benefit Plan, Amortization of Gains (Losses)		400	700
Employee-related Liabilities, Current		$ 14,978		$ 14,561
Defined Benefit Pension Plans		3
Number of Restaurants Closed	95	99
Closures and Impairments Expenses		$ 30,192	$ 2,712

Note 8 - Employee Post-employ45

Note 8 - Employee Post-employment Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Pension Plan [Member]
Service cost	$ 6	$ 230
Interest cost	420	599
Expected return on plan assets	(91)	(103)
Recognized actuarial loss	338	628
Net periodic benefit cost	673	1,354
Postretirement Medical and Life Benefits [Member]
Service cost	1	1
Interest cost	9	12
Recognized actuarial loss	17	32
Net periodic benefit cost	$ 27	$ 45

Note 8 - Employee Post-employ46

Note 8 - Employee Post-employment Benefits - Roll Forward of Employee Separation Obligations (Details) $ in Thousands	3 Months Ended
	Aug. 30, 2016USD ($)
Employee Severance [Member]
Balance	$ 317
Balance	269
Severance Costs	2,020
Cash payments	$ (2,068)

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Aug. 30, 2016	Sep. 01, 2015	May 31, 2016
Reasonably Possible Amounts Will Change Within Next Twelve Months [Member]
Unrecognized Tax Benefits	$ 400
Unrecognized Tax Benefit Reclassified Against Deferred Tax Assets	3,700		$ 3,700
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	400		400
Deferred Tax Assets, Valuation Allowance	106,200		89,900
Income Tax Expense (Benefit)	(1,694)	$ (1,023)
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	16,300
Unrecognized Tax Benefits	4,600		4,500
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 2,400		$ 2,300

Note 10 - Share-based Employe48

Note 10 - Share-based Employee Compensation (Details Textual) $ / shares in Units, $ in Millions	May 31, 2016USD ($)shares	Aug. 30, 2016USD ($)$ / sharesshares	Sep. 01, 2015USD ($)	May 31, 2016USD ($)shares
SIP and 1996 SIP [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant		4,444,000
SIP and 1996 SIP [Member] | Restricted Stock Service-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term		7 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		809,000
SIP and 1996 SIP [Member] | Restricted Stock Units Service-based [Member] | Cliff Vest [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
Number Of Annual Installments		3
SIP and 1996 SIP [Member] | Restricted Stock Units Service-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		286,000
SIP and 1996 SIP [Member] | Stock Options Performance-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		571,000
SIP and 1996 SIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term		7 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		6,726,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		2,282,000
Employee Stock Option [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 1.1			$ 1.1
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 328 days
Restricted Stock Service-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		292,000
Restricted Stock Units (RSUs) [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $		$ 2.5
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		1 year 219 days
Stock Options Performance-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term		4 years 25 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		2,785,000
Other Deferred Liabilities [Member]
Share-based Compensation Arrangement by Share-based Payment Award Accelerated Compensation Cost | $		$ 0.4		$ 0.2
Preferred Stock, Shares Issued	0	0		0
Preferred Stock, Shares Authorized		250,000
Preferred Stock, Par or Stated Value Per Share | $ / shares		$ 0.01
Share-based Compensation Arrangement by Share-based Payment Award Accelerated Compensation Cost | $		$ 0.9	$ 0.3

Note 10 - Share-based Employe49

Note 10 - Share-based Employee Compensation - Summary of Stock Option Activity (Details) shares in Thousands	3 Months Ended
	Aug. 30, 2016$ / sharesshares
Stock Options Services-Based [Member]
Outstanding (in shares) | shares	2,066
Outstanding (in dollars per share) | $ / shares	$ 7.89
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term
Granted (in shares) | shares	809
Granted (in dollars per share) | $ / shares	$ 3.82
Cancellations and forfeitures (in shares) | shares	(3)
Cancellations and forfeitures (in dollars per share) | $ / shares	$ 6.40
Expired (in shares) | shares	(87)
Expired (in dollars per share) | $ / shares	$ 6.64
Exercisable at August 30, 2016 (in shares) | shares	1,806
Exercisable at August 30, 2016 (in dollars per share) | $ / shares	$ 8.14
Exercisable at August 30, 2016	2 years 262 days
Stock Options Performance-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	4 years 25 days
Outstanding (in shares) | shares	2,785
Outstanding (in dollars per share) | $ / shares	$ 6.75

Note 10 - Share-based Employe50

Note 10 - Share-based Employee Compensation - Summary of Restricted Stock Activity (Details) shares in Thousands	3 Months Ended
	Aug. 30, 2016$ / sharesshares
Restricted Stock Service-based [Member]
Unvested (in shares) | shares	564
Unvested (in dollars per share) | $ / shares	$ 6.29
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares	292
Granted (in dollars per share) | $ / shares	$ 3.82
Vested (in shares) | shares	(102)
Vested (in dollars per share) | $ / shares	$ 6.67
Cancellations and forfeitures (in shares) | shares	(16)
Cancellations and forfeitures (in dollars per share) | $ / shares	$ 6.47
Unvested (in shares) | shares	738
Unvested (in dollars per share) | $ / shares	$ 5.25
Restricted Stock Performance-based [Member]
Unvested (in shares) | shares	225
Unvested (in dollars per share) | $ / shares	$ 6.51
Cancellations and forfeitures (in shares) | shares	(5)
Cancellations and forfeitures (in dollars per share) | $ / shares	$ 6.51
Unvested (in shares) | shares	220
Unvested (in dollars per share) | $ / shares	$ 6.51

Note 12 - Fair Value Measurem51

Note 12 - Fair Value Measurements - Fair Values of Financial Assets and Liabilities Measured on a Recurring Basis (Details) - Fair Value, Inputs, Level 1 [Member] - USD ($) $ in Thousands	Aug. 30, 2016	May 31, 2016
Deferred compensation plan – Assets	$ 6,743	$ 6,660
Deferred compensation plan – Liabilities	$ (6,743)	$ (6,660)

Note 12 - Fair Value Measurem52

Note 12 - Fair Value Measurements - Fair Values Financial Assets and Liabilities Measured on a Non-recurring Basis (Details) $ in Thousands	Aug. 30, 2016USD ($)
Fair Value, Inputs, Level 2 [Member] | Assets Held for Use [Member]
Assets, Fair Value Disclosure, Nonrecurring	$ 1,195
Fair Value, Inputs, Level 2 [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Assets, Fair Value Disclosure, Nonrecurring	695
Assets, Fair Value Disclosure, Nonrecurring	$ 1,890

Note 12 - Fair Value Measurem53

Note 12 - Fair Value Measurements - Losses Recognized from Fair Value Measurement on Non-recurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Closure and Impairments [Member]
Long-lived assets held for use	$ 4,266	$ 2,485
Long-lived assets held for sale	2,314	92
Property impairments	6,580	2,577
Property impairments	$ 6,253	$ 2,278

Note 12 - Fair Value Measurem54

Note 12 - Fair Value Measurements - Carrying Amounts and Fair Values of Other Financial Instruments Not Measured on a Recurring Basis (Details) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Thousands	Aug. 30, 2016	May 31, 2016
Long-term debt	$ 223,286	$ 223,526
Long-term debt	$ 218,762	$ 223,212

Note 13 - Supplemental Conden55

Note 13 - Supplemental Condensed Consolidating Financial Statements - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands	Aug. 30, 2016	May 31, 2016	Sep. 01, 2015	Jun. 02, 2015
Parent Company [Member]
Current assets:
Cash and cash equivalents	$ 68,515	$ 67,208	$ 56,644	$ 75,034
Accounts and other receivables	2,625	8,102
Inventories	13,653	15,401
Income tax receivable	170,031	167,065
Other current assets	12,652	11,282
Total current assets	267,476	269,058
Property and equipment, net	491,229	501,482
Investment in subsidiaries	82,482	98,929
Due from/(to) subsidiaries	81,389	76,208
Other assets	39,993	40,626
Total assets	962,569	986,303
Current liabilities:
Accounts payable	18,065	17,405
Accrued and other current liabilities	52,324	35,674
Long-term Debt and Capital Lease Obligations, Current	(1,088)	(1,067)
Income tax payable
Total current liabilities	69,301	52,012
Long-term debt and capital leases, less current maturities	209,350	209,058
Due to/(from) subsidiaries	216,770	213,816
Other deferred liabilities	97,869	103,637
Total liabilities	593,290	578,523
Shareholders’ equity:
Common stock	602	601
Capital in excess of par value	76,772	75,938
Retained earnings	301,658	341,350
Accumulated other comprehensive loss	(9,753)	(10,109)
Total shareholders’ equity	369,279	407,780
Total liabilities & shareholders’ equity	962,569	986,303
Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	146	133	294	297
Accounts and other receivables	4,483	4,725
Inventories	5,005	6,194
Income tax receivable
Other current assets	9,840	4,868
Total current assets	19,474	15,920
Property and equipment, net	160,548	169,768
Investment in subsidiaries
Due from/(to) subsidiaries	216,770	213,816
Other assets	4,749	5,125
Total assets	401,541	404,629
Current liabilities:
Accounts payable	3,968	4,736
Accrued and other current liabilities	39,834	29,957
Long-term Debt and Capital Lease Obligations, Current	10,869	11,001
Income tax payable	165,310	164,062
Total current liabilities	219,981	209,756
Long-term debt and capital leases, less current maturities	4,378	4,745
Due to/(from) subsidiaries	81,389	76,208
Other deferred liabilities	13,311	14,991
Total liabilities	319,059	305,700
Shareholders’ equity:
Common stock
Capital in excess of par value
Retained earnings	82,482	98,929
Accumulated other comprehensive loss
Total shareholders’ equity	82,482	98,929
Total liabilities & shareholders’ equity	401,541	404,629
Consolidation, Eliminations [Member]
Current assets:
Cash and cash equivalents
Accounts and other receivables
Inventories
Income tax receivable	(165,310)	(164,062)
Other current assets
Total current assets	(165,310)	(164,062)
Property and equipment, net
Investment in subsidiaries	(82,482)	(98,929)
Due from/(to) subsidiaries	(298,159)	(290,024)
Other assets
Total assets	(545,951)	(553,015)
Current liabilities:
Accounts payable
Accrued and other current liabilities
Long-term Debt and Capital Lease Obligations, Current
Income tax payable	(165,310)	(164,062)
Total current liabilities	(165,310)	(164,062)
Long-term debt and capital leases, less current maturities
Due to/(from) subsidiaries	(298,159)	(290,024)
Other deferred liabilities
Total liabilities	(463,469)	(454,086)
Shareholders’ equity:
Common stock
Capital in excess of par value
Retained earnings	(82,482)	(98,929)
Accumulated other comprehensive loss
Total shareholders’ equity	(82,482)	(98,929)
Total liabilities & shareholders’ equity	(545,951)	(553,015)
Cash and cash equivalents	68,661	67,341	$ 56,938	$ 75,331
Accounts and other receivables	7,108	12,827
Inventories	18,658	21,595
Income tax receivable	4,721	3,003
Other current assets	22,492	16,150
Total current assets	121,640	120,916
Property and equipment, net	651,777	671,250
Investment in subsidiaries
Due from/(to) subsidiaries
Other assets	44,742	45,751
Total assets	818,159	837,917
Accounts payable	22,033	22,141
Accrued and other current liabilities	92,158	65,631
Long-term Debt and Capital Lease Obligations, Current	9,781	9,934
Income tax payable
Total current liabilities	123,972	97,706
Long-term debt and capital leases, less current maturities	213,728	213,803
Due to/(from) subsidiaries
Other deferred liabilities	111,180	118,628
Total liabilities	448,880	430,137
Common stock	602	601
Capital in excess of par value	76,772	75,938
Retained earnings	301,658	341,350
Accumulated other comprehensive loss	(9,753)	(10,109)
Total shareholders’ equity	369,279	407,780
Total liabilities & shareholders’ equity	$ 818,159	$ 837,917

Note 13 - Supplemental Conden56

Note 13 - Supplemental Condensed Consolidating Financial Statements - Condensed Consolidating Statement of Operations and Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Parent Company [Member]
Revenue:
Restaurant sales and operating revenue	$ 185,088	$ 201,416
Franchise revenue	10	15
Total revenue	185,098	201,431
Operating costs and expenses:
Cost of goods sold	52,182	55,228
Payroll and related costs	63,575	67,341
Other restaurant operating costs	40,976	45,202
Depreciation and amortization	8,088	9,127
Selling, general, and administrative	19,386	20,589
Intercompany selling, general, and administrative allocations	10,363	11,126
Closures and Impairments Expenses	16,584	2,589
Equity in losses of subsidiaries	9,032	11,966
Interest expense, net	4,582	4,598
Intercompany interest expense/(income)	2,953	2,975
Total operating costs and expenses	227,721	206,809
Loss before income taxes	(42,623)	(5,378)
Income Tax Expense (Benefit)	(2,931)	(1,184)
Net loss	(39,692)	(4,194)
Equity in earnings of subsidiaries	(9,032)	(11,966)
(Loss)/income	(42,623)	(5,378)
Other comprehensive income:
Pension liability reclassification	355	(44)
Total comprehensive loss	(39,337)	(4,238)
Guarantor Subsidiaries [Member]
Revenue:
Restaurant sales and operating revenue	70,676	76,491
Franchise revenue	883	1,558
Total revenue	71,559	78,049
Operating costs and expenses:
Cost of goods sold	20,008	21,013
Payroll and related costs	27,032	27,994
Other restaurant operating costs	16,387	17,005
Depreciation and amortization	3,141	3,679
Selling, general, and administrative	12,199	8,807
Intercompany selling, general, and administrative allocations	(10,363)	(11,126)
Closures and Impairments Expenses	13,608	123
Equity in losses of subsidiaries
Interest expense, net	295	1,402
Intercompany interest expense/(income)	(2,953)	(2,975)
Total operating costs and expenses	79,354	65,922
Loss before income taxes	(7,795)	12,127
Income Tax Expense (Benefit)	1,237	161
Net loss	(9,032)	11,966
Equity in earnings of subsidiaries
(Loss)/income	(7,795)	12,127
Other comprehensive income:
Pension liability reclassification
Total comprehensive loss	(9,032)	11,966
Consolidation, Eliminations [Member]
Revenue:
Restaurant sales and operating revenue
Franchise revenue
Total revenue
Operating costs and expenses:
Cost of goods sold
Payroll and related costs
Other restaurant operating costs
Depreciation and amortization
Selling, general, and administrative
Intercompany selling, general, and administrative allocations
Closures and Impairments Expenses
Equity in losses of subsidiaries	(9,032)	(11,966)
Interest expense, net
Intercompany interest expense/(income)
Total operating costs and expenses	(9,032)	11,966
Loss before income taxes	9,032	(11,966)
Income Tax Expense (Benefit)
Net loss	9,032	(11,966)
Equity in earnings of subsidiaries	9,032	11,966
(Loss)/income	9,032	(11,966)
Other comprehensive income:
Pension liability reclassification
Total comprehensive loss	9,032	(11,966)
Restaurant sales and operating revenue	255,764	277,907
Franchise revenue	893	1,573
Total revenue	256,657	279,480
Cost of goods sold	72,190	76,241
Payroll and related costs	90,607	95,335
Other restaurant operating costs	57,363	62,207
Depreciation and amortization	11,229	12,806
Selling, general, and administrative	31,585	29,396
Intercompany selling, general, and administrative allocations
Closures and Impairments Expenses	30,192	2,712
Equity in losses of subsidiaries
Interest expense, net	4,877	6,000
Intercompany interest expense/(income)
Total operating costs and expenses	298,043	284,697
Loss before income taxes	(41,386)	(5,217)
Income Tax Expense (Benefit)	(1,694)	(1,023)
Net loss	(39,692)	(4,194)
Equity in earnings of subsidiaries
(Loss)/income	(41,386)	(5,217)
Pension liability reclassification	355	(44)
Total comprehensive loss	$ (39,337)	$ (4,238)

Note 13 - Supplemental Conden57

Note 13 - Supplemental Condensed Consolidating Financial Statement - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 30, 2016	Sep. 01, 2015
Parent Company [Member]
Net cash provided by operating activities	$ 4,204	$ (6,213)
Investing activities:
Purchases of property and equipment	(4,992)	(7,138)
Proceeds from Sale of Property, Plant, and Equipment	5,257	2,746
Other, net	1,322	209
Net cash provided/(used) by investing activities	1,587	(4,183)
Financing activities:
Principal payments on long-term debt	11	11
Stock repurchases	(26)	(9)
Payments for debt issuance costs	(7)	(25)
Intercompany dividend
Other intercompany transactions	(4,462)	(7,971)
Net cash used by financing activities	(4,484)	(7,994)
Increase in cash and cash equivalents	1,307	(18,390)
Beginning of fiscal year	67,208	75,034
End of quarter	68,515	56,644
Net cash provided by operating activities	4,204	(6,213)
Guarantor Subsidiaries [Member]
Net cash provided by operating activities	9,280	22,659
Investing activities:
Purchases of property and equipment	(1,366)	(2,804)
Proceeds from Sale of Property, Plant, and Equipment
Other, net
Net cash provided/(used) by investing activities	(1,366)	(2,804)
Financing activities:
Principal payments on long-term debt	(486)	(8,912)
Stock repurchases
Payments for debt issuance costs
Intercompany dividend	(7,415)	(10,946)
Other intercompany transactions
Net cash used by financing activities	(7,901)	(19,858)
Increase in cash and cash equivalents	13	(3)
Beginning of fiscal year	133	297
End of quarter	146	294
Net cash provided by operating activities	9,280	22,659
Consolidation, Eliminations [Member]
Net cash provided by operating activities	(11,877)	(18,917)
Investing activities:
Purchases of property and equipment
Proceeds from Sale of Property, Plant, and Equipment
Other, net
Net cash provided/(used) by investing activities
Financing activities:
Principal payments on long-term debt
Stock repurchases
Payments for debt issuance costs
Intercompany dividend	7,415	10,946
Other intercompany transactions	4,462	7,971
Net cash used by financing activities	11,877	18,917
Increase in cash and cash equivalents
Beginning of fiscal year
End of quarter
Net cash provided by operating activities	(11,877)	(18,917)
Net cash provided by operating activities	1,607	(2,471)
Purchases of property and equipment	(6,358)	(9,942)
Proceeds from Sale of Property, Plant, and Equipment	5,257	2,746
Other, net	1,322	209
Net cash provided/(used) by investing activities	221	(6,987)
Principal payments on long-term debt	(475)	(8,901)
Stock repurchases	(26)	(9)
Payments for debt issuance costs	(7)	(25)
Intercompany dividend
Other intercompany transactions
Net cash used by financing activities	(508)	(8,935)
Increase in cash and cash equivalents	1,320	(18,393)
Beginning of fiscal year	67,341	75,331
End of quarter	68,661	56,938
Net cash provided by operating activities	$ 1,607	$ (2,471)

Note 15 - Subsequent Events (De

Note 15 - Subsequent Events (Details Textual) - USD ($)	Sep. 22, 2016	Sep. 13, 2016	Oct. 07, 2016	Aug. 30, 2016	May 31, 2016
Former Chairman of the Board of Directors, President, and Chief Executive Officer [Member] | Subsequent Event [Member]
Severance Costs		$ 0
Subsequent Event [Member]
Proceeds from Sale of Buildings	$ 2,800,000
Operating Lease Obligations, Amount Settled During Period			$ 3,100,000
One Office Building at the Restaurant Support Center [Member]
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current				$ 6,000,000
Severance Costs				2,020,000
Operating Lease Obligation				$ 31,888,000	$ 6,270,000