Ruby Tuesday 10-Q 16 Oct 17 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 05, 2017	Oct. 09, 2017
Document Information [Line Items]
Entity Registrant Name	RUBY TUESDAY INC
Entity Central Index Key	68,270
Trading Symbol	rt
Current Fiscal Year End Date	--06-05
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)		61,186,581
Document Type	10-Q
Document Period End Date	Sep. 5, 2017
Document Fiscal Year Focus	2,018
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
	Sep. 05, 2017	Aug. 30, 2016
Revenue:
Restaurant sales and operating revenue	$ 216,406	$ 255,764
Franchise revenue	901	893
Total revenue	217,307	256,657
Operating costs and expenses:
Cost of goods sold	58,299	72,190
Payroll and related costs	76,517	90,607
Other restaurant operating costs	46,079	57,363
Depreciation and amortization	9,429	11,229
General and administrative expenses	13,884	16,089
Marketing expenses, net	10,003	15,496
Closures and impairments, net	7,819	30,192
Interest expense, net	5,072	4,877
Total operating costs and expenses	227,102	298,043
Loss before income taxes	(9,795)	(41,386)
Provision/(benefit) for income taxes	51	(1,694)
Net loss	(9,846)	(39,692)
Other comprehensive income:
Pension liability reclassification	144	355
Total comprehensive loss	$ (9,702)	$ (39,337)
Loss per share:
Basic (in dollars per share)	$ (0.16)	$ (0.66)
Diluted (in dollars per share)	$ (0.16)	$ (0.66)
Weighted average shares:
Basic (in shares)	60,411	59,790
Diluted (in shares)	60,411	59,790

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 05, 2017	Jun. 06, 2017
Current assets:
Cash and cash equivalents	$ 48,068	$ 41,714
Restricted Cash	30	6,445
Accounts and other receivables	5,856	7,315
Inventories:
Merchandise	9,772	10,701
China, silver and supplies	6,418	6,477
Income tax receivable	3,161	3,061
Prepaid rent and other expenses	10,721	10,499
Assets held for sale	8,561	12,825
Total current assets	92,587	99,037
Property and equipment, net	567,114	583,097
Other assets	41,321	41,508
Total assets	701,022	723,642
Current liabilities:
Accounts payable	12,970	17,570
Accrued liabilities:
Taxes, other than income and payroll	10,063	11,028
Payroll and related costs	12,413	15,505
Insurance	5,394	5,740
Rent and other	30,890	33,812
Deferred revenue – gift cards	13,930	15,051
Current maturities of long-term debt, including capital leases	379	368
Total current liabilities	86,039	99,074
Long-term debt and capital leases, less current maturities	213,255	213,341
Deferred escalating minimum rent	43,767	43,464
Other deferred liabilities	60,063	60,397
Total liabilities	403,124	416,276
Commitments and contingencies (Note 11)
Shareholders’ equity:
Common stock, $0.01 par value; (authorized: 100,000 shares; issued and outstanding: 2018 – 61,015 shares, 2017 – 60,755 shares)	610	607
Capital in excess of par value	79,762	79,531
Retained earnings	225,364	235,210
Deferred compensation liability payable in Company stock	280	303
Company stock held by Deferred Compensation Plan	(280)	(303)
Accumulated other comprehensive loss	(7,838)	(7,982)
Total shareholders' equity	297,898	307,366
Total liabilities and shareholders' equity	$ 701,022	$ 723,642

Condensed Consolidated Balance4

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares shares in Thousands	Sep. 05, 2017	Jun. 06, 2017
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000	100,000
Common stock, shares issued (in shares)	61,015	60,755

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016
Operating activities:
Net loss	$ (9,846)	$ (39,692)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	9,429	11,229
Loss on impairments, including disposition of assets	6,944	6,253
Inventory write-off		2,754
Share-based compensation expense	234	861
Lease reserve adjustments	234	17,728
Deferred escalating minimum rent	253	261
Pension curtailment expense	436
Other, net	1,271	150
Changes in operating assets and liabilities:
Receivables	1,062	1,004
Inventories	989	404
Income taxes	(100)	(1,718)
Prepaid and other assets	(608)	1,229
Accounts payable, accrued and other liabilities	(7,634)	1,508
Net cash provided by operating activities	2,664	1,971
Investing activities:
Purchases of property and equipment	(4,874)	(6,358)
Proceeds from sale of assets	8,980	5,257
Insurance proceeds from property claims	567	150
Reductions in Deferred Compensation Plan assets	344	312
Other, net	(26)	860
Net cash provided by investing activities	4,991	221
Financing activities:
Principal payments on long-term debt	(360)	(475)
Stock repurchases		(26)
Payments for debt issuance costs	(941)	(7)
Net cash used by financing activities	(1,301)	(508)
Increase in cash and cash equivalents	6,354	1,684
Cash and cash equivalents:
Beginning of fiscal year	41,714	66,964
End of quarter	48,068	68,648
Supplemental disclosure of cash flow information:
Interest, net of amount capitalized	99	314
Income taxes, net	151	7
Significant non-cash investing and financing activities:
Retirement of fully depreciated assets	1,774	7,175
Reclassification of properties to assets held for sale	$ 1,550	$ 7,493

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. 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. At September 5, 2017, 541 7 13 August 30, 2016, 99 95 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 13 September 5, 2017 not may 52 June 5, 2018. 10 June 6, 2017. Reclassifications As shown in the table below, we split our previously reported expenses within Selling, general, and administrative, net into separately reported General and administrative expenses and Marketing expenses, net in the Condensed Consolidated Statements of Operations and Comprehensive Loss for the prior periods to be comparable with the classification for the 13 September 5, 2017. Thirteen Weeks Ended As presented August 30, 2016 Reclassifications As a djusted August 30, 2016 Selling, general, and administrative, net $ 31,585 (31,585 ) $ - General and administrative expenses - 16,089 16,089 Marketing expenses, net - 15,496 15,496 Cash and cash equivalents and Restricted cash are separately reported in the Condensed Consolidated Balance Sheets as of September 5, 2017 June 6, 2017. Restricted cash was included within Cash and cash equivalents as of August 30, 2016. 13 August 30, 2016

Note 2 - Loss Per Share

Note 2 - Loss Per Share	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	2. 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 September 5, 2017 August 30, 2016 Net loss $ (9,846 ) $ (39,692 ) Weighted average common shares outstanding 60,411 59,790 Dilutive effect of stock options and restricted stock – – Weighted average common and dilutive potential common shares outstanding 60,411 59,790 Basic net loss per share $ (0.16 ) $ (0.66 ) Diluted net loss per share $ (0.16 ) $ (0.66 ) Stock options with an exercise price greater than the average market price of our common stock and certain options, restricted stock, and restricted stock units with unrecognized compensation expense do not Thirteen weeks ended September 5, 2017 August 30, 2016 Stock options 1,293 2,393 Restricted stock / Restricted stock units 635 758 Total 1,928 3,151

Note 3 - Franchise Programs

Note 3 - Franchise Programs	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Franchise Programs [Text Block]	3. As of September 5, 2017, 58 not Under the terms of the franchise operating agreements, we charge a royalty fee (generally 4.0% 1.5% 1.5% September 5, 2017, 3.0% 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 Marketing expenses, net in the Condensed Consolidated Statements of Operations and Comprehensive Loss. For the 13 September 5, 2017 August 30, 2016, $0.4 $0.2

Note 4 - Accounts and Other Rec

Note 4 - Accounts and Other Receivables	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	4. Accounts and other receivables consist of the following (in thousands): September 5 , 2017 June 6, 2017 Amounts due from franchisees $ 3,278 $ 4,014 Third-party gift card sales 880 1,147 Rebates receivable 729 1,031 Other receivables 969 1,123 $ 5,856 $ 7,315 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 September 5, 2017 June 6, 2017,

Note 5 - Property, Equipment, a

Note 5 - Property, Equipment, and Assets Held for Sale	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	5. Property and equipment, net, is comprised of the following (in thousands): September 5, 2017 June 6, 2017 Land $ 179,890 $ 180,520 Buildings 364,433 366,566 Improvements 211,629 227,056 Restaurant equipment 187,673 192,217 Other equipment 71,791 71,851 Surplus properties* 14,809 17,139 Construction in progress and other 1,539 1,172 1,031,764 1,056,521 Less accumulated depreciation 464,650 473,424 Property and equipment, net $ 567,114 $ 583,097 * Surplus properties represent assets held for sale that are not Condensed Consolidated Balance Sheets as we have yet to conclude that we can sell these assets within the next 12 no not Included within the current assets section of our Condensed Consolidated Balance Sheets at September 5, 2017 June 6, 2017 $8.6 $12.8 no 13 September 5, 2017 August 30, 2016, $6.7 and negligible $2.3 $0.1 $9.0 $0.1 13 September 5, 2017 August 30, 2016,

Note 6 - Long-term Debt and Cap

Note 6 - Long-term Debt and Capital Leases	3 Months Ended
	Sep. 05, 2017
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): September 5, 2017 June 6, 2017 Senior unsecured notes $ 212,546 $ 212,546 Unamortized discount (1,262 ) (1,366 ) Unamortized debt issuance costs (2,135 ) (2,311 ) Senior unsecured notes less unamortized discount and debt issuance costs 209,149 208,869 Revolving credit facility – – Mortgage loan obligations 4,280 4,650 Unamortized discount - mortgage loan obligations – (1 ) Unamortized debt issuance costs - mortgage loan obligations (25 ) (27 ) Capital lease obligations 230 218 Total long-term debt and capital leases 213,634 213,709 Less current maturities 379 368 Long-term debt and capital leases, less current maturities $ 213,255 $ 213,341 On May 14, 2012, ’s $250.0 7.625% 2020 $3.7 eight 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 Interest on the Senior Notes is calculated at 7.625% May 15 November 15 May 1 November 1 $5.2 $1.2 September 5, 2017 June 6, 2017, – Rent and other in our Condensed Consolidated Balance Sheets. We may no 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.(viii) repurchase 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 On May 26, 2017, 364 may $20.0 We entered into the Senior Credit Facility to replace our previous $30.0 May 26, 2017. $15.0 not 0.50%, 1.0%. 4.00% 3.00%. 0.50% As security for the Senior Credit Facility, we have granted the lenders liens and security interests in substantially all of the Company ’s personal property, including equity interest in certain of its subsidiaries, and the real property, improvements, and fixtures of 22 22 $31.0 February 2017 September 5, 2017 $34.7 We had no September 5, 2017. $8.0 September 5, 2017. 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 not 13 September 5, 2017. Under the Senior Credit Facility, we are required to comply with financial covenants relating to the maintenance of a minimum appraised value of eligible restaurants and a maximum leverage ratio. The terms of the Senior Credit Facility require us to maintain a minimum appraised value of eligible restaurants of no $30.0 no 5.00 1.00 beginning with the fiscal quarter ended September 5, 2017. The Senior Credit Facility terminates no May 25, 2018 Upon the occurrence of an event of default, the lenders may On May 25, 2017, We were in compliance with our maximum leverage ratio and other financial covenants as of September 5, 2017. Our $4.3 September 5, 2017 February 2019 October 2021, $0.4 $0.7 7.78% 10.17%.

Note 7 - Closures and Impairmen

Note 7 - Closures and Impairments Expense	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Asset Impairment Charges [Text Block]	7. Closures and impairments, net include the following (in thousands): Thirteen weeks ended September 5 , 2017 August 30, 2016 Property impairments $ 9,124 $ 6,580 Closed restaurant lease reserves 234 17,728 Inventory write-off – 2,754 Severance benefits 14 1,760 Other closing expense 767 1,427 Gain on sale of properties (2,320 ) (57 ) Closures and impairments, net $ 7,819 $ 30,192 During the 13 August 30, 2016, 99 95 ’s property portfolio as they were projected to have limited upside due to market concentration, challenged trade areas, and other factors. Included within Closures and impairments, net for the thirteen September 5, 2017 August 30, 2016 $0.5 $24.7 A rollforward of our future lease obligations associated with closed restaurants is as follows (in thousands): Reserve for Lease Obligations Balance at June 6, 2017, $ 16,230 Closing expense including rent and other lease charges 234 Payments (2,045 ) Adjustments to deferred escalating minimum rent and other (12 ) Balance at September 5, 2017 $ 14,407 The amounts comprising future lease obligations associated with closed restaurants 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, $13.5 $0.4 $0.5 September 5, 2017. 2018

Note 8 - Employee Post-employme

Note 8 - Employee Post-employment Benefits	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	8. Pension and Postretirement Medical and Life Benefits We sponsor three Retirement Plan RTI sponsors the Morrison Restaurants Inc. Retirement Plan (the "Retirement Plan"). Effective December 31, 1987, no no 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 not 2018. 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. The Executive Supplemental Pension Plan and the Management Retirement Plan have been amended so that no no may Included in our Condensed Consolidated Balance Sheets as of September 5, 2017 June 6, 2017 $1.6 $3.0 $33.9 $33.5 three 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 September 5, 2017 June 6, 2017 $0.1 $0.9 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 General, and administrative expense in our Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands): Pension Plans Thirteen weeks ended September 5, 2017 August 30, 2016 Service cost $ 4 $ 6 Interest cost 396 420 Expected return on plan assets (86 ) (91 ) Recognized actuarial loss 180 338 Curtailment Expense 436 - Net periodic benefit cost $ 930 $ 673 Postretirement Medical and Life Benefits Thirteen weeks ended September 5, 2017 August 30, 2016 Service cost $ 1 $ 1 Interest cost 8 9 Recognized actuarial loss 8 17 Net periodic benefit cost $ 17 $ 27 During the 13 September 5, 2017, $1.4 Accordingly, reflected in the table above is a pre-tax curtailment expense of $0.4 13 September 5, 2017 During the 13 September 5, 2017 August 30, 2016, $0.1 $0.4 General and administrative expenses within our Condensed Consolidated Statements of Operations and Comprehensive Loss. We also sponsor two 10 June 6, 2017. Restaurant Closures and Corporate Restructuring As of June 6, 2017, $0.9 Balance at June 6, 2017 $ 854 Employee severance accruals and unused vacation accruals 167 Cash payments (1,021 ) Balance at September 5, 2017 $ -

Note 9 - Income Taxes

Note 9 - Income Taxes	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. Companies are required to apply their estimated annual tax rate on a year-to-date basis in each interim period. Companies should not not 13 September 5, 2017 August 30, 2016 We regularly evaluate the need for a valuation allowance for deferred tax assets by assessing whether it is more likely than not 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 September 5, 2017, three 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 $140.4 $135.9 September 5, 2017 June 6, 2017, We recorded tax expense of $0.1 $1.7 13 September 5, 2017 August 30, 2016, $5.8 We had a gross liability for unrecognized tax benefits, exclusive of accrued interest and penalties, of $4.0 $3.9 September 5, 2017 June 6, 2017, $3.5 $3.4 September 5, 2017 June 6, 2017, $2.5 for both periods. If these benefits were recognized as of September 5, 2017 June 6, 2017, $2.3 $2.2 September 5, 2017 twelve Interest and penalties related to unrecognized tax benefits are recognized as components of income tax expense. As of September 5, 2017 June 6, 2017, $0.5 $0.4 first 2018, At September 5, 2017, no 2012, no 2014.

Note 10 - Share-based Employee

Note 10 - Share-based Employee Compensation	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	10. Preferred Stock RTI is authorized, under its Certificate of Incorporation, to issue up to 250,000 $0.01. may one No September 5, 2017 June 6, 2017. The Ruby Tuesday, Inc. Stock Incentive Plan and the Ruby Tuesday, Inc. 1996 A committee, appointed by the Board of Directors, administers the Ruby Tuesday, Inc. Stock Incentive Plan (“SIP”) and the Ruby Tuesday, Inc. 1996 “1996 1996 1996 three 1996 seven 1996 may 1996 At September 5, 2017, 6,424,000 1996 September 5, 2017, 751,000 September 5, 2017 5,673,000. Stock Options The following table summarizes our stock option activity under these stock option plans for the 13 September 5, 2017 ( Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value Service-based vesting: Outstanding at June 6, 2017 1,694 $ 6.09 Cancellations and forfeitures (254 ) 2.51 Expired (689 ) 8.33 Outstanding at September 5, 2017 751 $ 5.24 4.09 $ – Exercisable at September 5, 2017 443 $ 6.37 2.82 $ – At September 5, 2017, $0.2 1.5 September 5, 2017 $0.2 Included in cancellations and forfeitures in the table above are 247,000 voluntarily waived receipt of during the quarter ended September 5, 2017. Restricted Stock and Restricted Stock Units (“RSU”) The following table summarizes our restricted stock and RSU activity for the 13 September 5, 2017 ( Shares Weighted Average Fair Value Service-Based Vesting: Unvested at June 6, 2017 581 $ 3.24 Granted 179 2.09 Vested (81 ) 4.78 Cancellations and forfeitures (3 ) 4.73 Unvested at September 5, 2017 676 $ 3.02 Performance-Based Vesting: Unvested at June 6, 2017 117 $ 6.51 Cancellations and forfeitures (1 ) 6.51 Unvested at September 5, 2017 116 $ 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. The total intrinsic value of restricted stock and RSU grants vesting during the 13 September 5, 2017 $0.2 September 5, 2017, $1.0 1.5 During the 13 September 5, 2017, 179,000 The awards will vest in three three Phantom Stock Units The following table summarizes our phantom stock unit activity for the 13 September 5, 2017 ( Phantom Stock Units Service-Based Vesting: Unvested at June 6, 2017 576 Cancellations and forfeitures (81 ) Unvested at September 5, 2017 495 Performance-Based Vesting: Unvested at June 6, 2017 298 Cancellations and forfeitures (4 ) Unvested at September 5, 2017 294 We began granting phantom stock units during fiscal year 2017. Each phantom stock unit entitles the recipient to receive a cash payment equal to the value of a single share of our common stock upon vesting. Included in cancellations and forfeitures in the table above are 81,000 September 5, 2017. Included in our Condensed Consolidated Balance Sheets are amounts within Accrued liabilities: Payroll and related costs of $0.4 June 6, 2017 $0.8 $0.5 September 5, 2017 June 6, 2017, Included within General and administrative expenses in our Consolidated Statements of Operations and Comprehensive Loss is share-based compensation expense of $0.2 $0.9 13 September 5, 2017 August 30, 2016,

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	11. 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

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurements	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	12. 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 September 5, 2017 June 6, 2017 Deferred compensation plan – Assets 1 $ 5,356 $ 5,631 Deferred compensation plan – Liabilities 1 (5,356 ) (5,631 ) There were no 13 September 5, 2017. 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 General, and administrative expense 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 Condensed 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 September 5, 2017 Fair Value Measurements Level September 5, 2017 Long-lived assets held for use 2 $ 6,044 The following table presents the losses recognized during the 13 September 5, 2017 August 30, 2016 Thirteen weeks ended September 5, 2017 August 30, 2016 Long-lived assets held for use $ 9,124 $ 4,266 Long-lived assets held for sale – 2,314 Property impairments $ 9,124 $ 6,580 Long-lived assets held for sale are valued using Level 2 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 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 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 September 5, 2017 June 6, 2017 not September 5, 2017 June 6, 2017 Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt (Level 2) $ 213,404 $ 216,555 $ 213,491 $ 209,524 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
	Sep. 05, 2017
Notes to Financial Statements
Condensed Financial Statements [Text Block]	13. As discussed in Note 6 None The following condensed consolidating financial information, which has been prepared in accordance with the requirements for presentation of Rule 3 10 X Condensed Consolidating Balance Sheet As of September 5, 2017 (In thousands) Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 47,933 $ 135 $ – $ 48,068 Restricted cash 30 – – 30 Accounts and other receivables 1,408 4,448 – 5,856 Inventories 11,754 4,436 – 16,190 Income Tax Receivable 175,585 – (172,424 ) 3,161 Other current assets 13,433 5,849 – 19,282 Total current assets 250,143 14,868 (172,424 ) 92,587 Property and equipment, net 433,009 134,105 – 567,114 Investment in subsidiaries 48,846 – (48,846 ) – Due from/(to) subsidiaries 97,032 216,009 (313,041 ) – Other assets 37,473 3,848 – 41,321 Total assets $ 866,503 $ 368,830 $ (534,311 ) $ 701,022 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 10,440 $ 2,530 $ – $ 12,970 Accrued and other current liabilities 41,331 31,359 – 72,690 Current maturities of long-term debt, including capital leases (1,179 ) 1,558 – 379 Income tax payable – 172,424 (172,424 ) – Total current liabilities 50,592 207,871 (172,424 ) 86,039 Long-term debt and capital leases, less current maturities 210,559 2,696 – 213,255 Due to/(from) subsidiaries 216,009 97,032 (313,041 ) – Other deferred liabilities 91,445 12,385 – 103,830 Total liabilities 568,605 319,984 (485,465 ) 403,124 Shareholders ’ equity: Common stock 610 – – 610 Capital in excess of par value 79,762 – – 79,762 Retained earnings 225,364 48,846 (48,846 ) 225,364 Accumulated other comprehensive loss (7,838 ) – – (7,838 ) Total shareholders ’ equity 297,898 48,846 (48,846 ) 297,898 Total liabilities & shareholders ’ equity $ 866,503 $ 368,830 $ (534,311 ) $ 701,022 Condensed Consolidating Balance Sheet As of June 6, 2017 (In thousands) Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 41,584 $ 130 $ – $ 41,714 Restricted cash 6,445 – – 6,445 Accounts and other receivables 1,913 5,402 – 7,315 Inventories 12,447 4,731 – 17,178 Income tax receivable 175,535 – (172,474 ) 3,061 Other current assets 15,969 7,355 – 23,324 Total current assets 253,893 17,618 (172,474 ) 99,037 Property and equipment, net 446,211 136,886 – 583,097 Investment in subsidiaries 51,214 – (51,214 ) – Due from/(to) subsidiaries 94,281 213,066 (307,347 ) – Other assets 37,454 4,054 – 41,508 Total assets $ 883,053 $ 371,624 $ (531,035 ) $ 723,642 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 14,333 $ 3,237 $ – $ 17,570 Accrued and other current liabilities 47,796 33,340 – 81,136 Current maturities of long-term debt, including capital leases (1,157 ) 1,525 – 368 Income tax payable – 172,474 (172,474 ) – Total current liabilities 60,972 210,576 (172,474 ) 99,074 Long-term debt and capital leases, less current maturities 210,243 3,098 – 213,341 Due to/(from) subsidiaries 213,066 94,281 (307,347 ) – Other deferred liabilities 91,406 12,455 – 103,861 Total liabilities 575,687 320,410 (479,821 ) 416,276 Shareholders ’ equity: Common stock 607 – – 607 Capital in excess of par value 79,531 – – 79,531 Retained earnings 235,210 51,214 (51,214 ) 235,210 Accumulated other comprehensive loss (7,982 ) – – (7,982 ) Total shareholders ’ equity 307,366 51,214 (51,214 ) 307,366 Total liabilities & shareholders ’ equity $ 883,053 $ 371,624 $ (531,035 ) $ 723,642 Condensed Consolidating Statement of Operations and Comprehensive Loss For the Thirteen Weeks Ended September 5 , 201 7 (In thousands) Parent Guarantors Eliminations Consolidated Revenue: Restaurant sales and operating revenue $ 159,365 $ 57,041 $ – $ 216,406 Franchise revenue – 901 – 901 Total revenue 159,365 57,942 – 217,307 Operating costs and expenses: Cost of goods sold 42,947 15,352 – 58,299 Payroll and related costs 54,996 21,521 – 76,517 Other restaurant operating costs 34,071 12,008 – 46,079 Depreciation and amortization 7,038 2,391 – 9,429 G eneral and administrative expenses 14,790 (906 ) – 13,884 Intercompany general and administrative allocations 2,189 (2,189 ) – – Marketing expenses, net 7,575 2,428 – 10,003 Closures and impairments, net 7,208 611 – 7,819 Equity in earnings of subsidiaries (4,972 ) – 4,972 – Interest expense, net 4,970 102 – 5,072 Intercompany interest expense/(income) 2,943 (2,943 ) – – Total operating costs and expenses 173,755 48,375 4,972 227,102 ( Loss)/income before income taxes (14,390 ) 9,567 (4,972 ) (9,795 ) (Benefit)/provision for income taxes (4,544 ) 4,595 – 51 Net (loss)/income $ (9,846 ) $ 4,972 $ (4,972 ) $ (9,846 ) Other comprehensive income: Pension liability reclassification 144 – – 144 Total comprehensive (loss)/income $ (9,702 ) $ 4,972 $ (4,972 ) $ (9,702 ) 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 General and administrative expenses 8,041 8,048 – 16,089 Intercompany general and administrative allocations 10,363 (10,363 ) – – Marketing expenses, net 11,345 4,151 15,496 Closures and impairments, net 16,584 13,608 – 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 227,721 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)/income $ (39,692 ) $ (9,032 ) $ 9,032 $ (39,692 ) Other comprehensive income: Pension liability reclassification, net of tax 355 – – 355 Total comprehensive loss $ (39,337 ) $ (9,032 ) $ 9,032 $ (39,337 ) Condensed Consolidating Statement of Cash Flows For the Thirteen Weeks Ended September 5, 2017 (In thousands) Parent Guarantors Eliminations Consolidated Net cash provided by operating activities $ 1,512 $ 5,549 $ (4,397 ) $ 2,664 Investing activities: Purchases of property and equipment (3,609 ) (1,265 ) – (4,874 ) Proceeds from disposal of assets 5,547 3,433 – 8,980 Insurance proceeds from property claims 567 - - 567 Reductions in Deferred Compensation Plan assets 344 - - 344 Other, net (26 ) – – (26 ) Net cash provided by investing activities 2,823 2,168 – 4,991 Financing activities: Principal payments on long-term debt 12 (372 ) – (360 ) Payments for debt issuance costs (941 ) – – (941 ) Dividends Paid – (7,340 ) 7,340 – Other intercompany transactions 2,943 – (2,943 ) – Net cash provided/(used) by financing activities 2,014 (7,712 ) 4,397 (1,301 ) Decrease in cash and cash equivalents 6,349 5 – 6,354 Cash and cash equivalents: Beginning of fiscal year 41,584 130 – 41,714 End of quarter $ 47,933 $ 135 $ – $ 48,068 Condensed Consolidating Statement of Cash Flows For the Thirteen Weeks Ended August 30, 2016 (In thousands) Parent Guarantors Eliminations Consolidated Net cash (used)/provided by operating activities $ (2,847 ) $ 9,280 $ (4,462 ) $ 1,971 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 2,953 – (2,953 ) – Net cash provided/(used) by financing activities 2,931 (7,901 ) 4,462 (508 ) Decrease in cash and cash equivalents 1,671 13 – 1,684 Cash and cash equivalents: Beginning of fiscal year 66,831 133 – 66,964 End of quarter $ 68,502 $ 146 $ – $ 68,648

Note 14 - Recently Issued Accou

Note 14 - Recently Issued Accounting Pronouncements	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1 4. Accounting Pronouncements Adopted during Fiscal Year 2018 In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718 2016 09” 2016 09 December 15, 2016, 2018 2016 09 first 2018 not Accounting Pronouncements Not In August 2016, 2016 15, Statement of Cash Flows (Topic 230 2016 15” eight 2016 15 December 15, 2017, 2019 not In February 2016, 2016 02, Leases (Topic 842 2016 02” 12 may 2016 02 December 15, 2018, 2020 In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606 2014 09" . 2014 09 may 2014 09 not December 15, 2017 ( 2019 first 2017. not not Additionally, in March April 2016, 2014 09 2016 08, Revenue from Contracts with Customers (Topic 606 2016 10, Revenue from Contracts with Customers (Topic 606 two 2014 09

Note 15 - Subsequent Events

Note 15 - Subsequent Events	3 Months Ended
	Sep. 05, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	15. Sale of Company On October 16, 2017, Merger Agreement”) among RTI Holding Company, LLC, a fund managed by NRD Capital ("NRD"), RTI Merger Sub, LLC, a wholly owned subsidiary of RTI Holding Company, LLC (“Merger Sub”), and Ruby Tuesday Inc. (“Ruby Tuesday”), pursuant to which, among other things and subject to the satisfaction or waiver of specified conditions, Merger Sub will merge with and into Ruby Tuesday (the “Merger”). If the Merger is consummated, we will become a wholly-owned subsidiary of NRD. Accordingly, this Quarterly Report on Form 10 At the effective time of the Merger (the “ Effective Time”), each share of Ruby Tuesday common stock issued and outstanding immediately prior to the Effective Time (other than dissenting shares) will be converted into the right to receive $2.40 The transaction has been unanimous ly approved by our and NRD’s Board of Directors. The completion of the Merger is subject to customary conditions, including, without limitation, ( 1 2 3 4 The Merger Agreement includes detailed represe ntations, warranties and covenants of Ruby Tuesday, RTI Holding Company, LLC, and Merger Sub. Between the date of execution of the Merger Agreement and the Effective Time, Ruby Tuesday has agreed to conduct its business in the ordinary course and use its reasonable best efforts to preserve intact its business organizations and relationships with third In addition, Ruby Tuesday has ag reed not not not first 2018. NRD Partners II, L.P., the parent of RTI Holding Company, LLC , has entered into a Limited Guarantee dated October 16, 2017 ( The foregoing description of the Merger Agreement and Limited Guarantee does not as exhibits 1.1 1.2, 8 October 16, 2017.

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 05, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	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 13 September 5, 2017 not may 52 June 5, 2018. 10 June 6, 2017.
Reclassification, Policy [Policy Text Block]	Reclassifications As shown in the table below, we split our previously reported expenses within Selling, general, and administrative, net into separately reported General and administrative expenses and Marketing expenses, net in the Condensed Consolidated Statements of Operations and Comprehensive Loss for the prior periods to be comparable with the classification for the 13 September 5, 2017. Thirteen Weeks Ended As presented August 30, 2016 Reclassifications As a djusted August 30, 2016 Selling, general, and administrative, net $ 31,585 (31,585 ) $ - General and administrative expenses - 16,089 16,089 Marketing expenses, net - 15,496 15,496 Cash and cash equivalents and Restricted cash are separately reported in the Condensed Consolidated Balance Sheets as of September 5, 2017 June 6, 2017. Restricted cash was included within Cash and cash equivalents as of August 30, 2016. 13 August 30, 2016

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Reclassification of Line Items Reported in Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) [Table Text Block]	Thirteen Weeks Ended As presented August 30, 2016 Reclassifications As a djusted August 30, 2016 Selling, general, and administrative, net $ 31,585 (31,585 ) $ - General and administrative expenses - 16,089 16,089 Marketing expenses, net - 15,496 15,496

Note 2 - Loss Per Share (Tables

Note 2 - Loss Per Share (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Thirteen weeks ended September 5, 2017 August 30, 2016 Net loss $ (9,846 ) $ (39,692 ) Weighted average common shares outstanding 60,411 59,790 Dilutive effect of stock options and restricted stock – – Weighted average common and dilutive potential common shares outstanding 60,411 59,790 Basic net loss per share $ (0.16 ) $ (0.66 ) Diluted net loss per share $ (0.16 ) $ (0.66 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Thirteen weeks ended September 5, 2017 August 30, 2016 Stock options 1,293 2,393 Restricted stock / Restricted stock units 635 758 Total 1,928 3,151

Note 4 - Accounts and Other R24

Note 4 - Accounts and Other Receivables (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 5 , 2017 June 6, 2017 Amounts due from franchisees $ 3,278 $ 4,014 Third-party gift card sales 880 1,147 Rebates receivable 729 1,031 Other receivables 969 1,123 $ 5,856 $ 7,315

Note 5 - Property, Equipment,25

Note 5 - Property, Equipment, and Assets Held for Sale (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	September 5, 2017 June 6, 2017 Land $ 179,890 $ 180,520 Buildings 364,433 366,566 Improvements 211,629 227,056 Restaurant equipment 187,673 192,217 Other equipment 71,791 71,851 Surplus properties* 14,809 17,139 Construction in progress and other 1,539 1,172 1,031,764 1,056,521 Less accumulated depreciation 464,650 473,424 Property and equipment, net $ 567,114 $ 583,097

Note 6 - Long-term Debt and C26

Note 6 - Long-term Debt and Capital Leases (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	September 5, 2017 June 6, 2017 Senior unsecured notes $ 212,546 $ 212,546 Unamortized discount (1,262 ) (1,366 ) Unamortized debt issuance costs (2,135 ) (2,311 ) Senior unsecured notes less unamortized discount and debt issuance costs 209,149 208,869 Revolving credit facility – – Mortgage loan obligations 4,280 4,650 Unamortized discount - mortgage loan obligations – (1 ) Unamortized debt issuance costs - mortgage loan obligations (25 ) (27 ) Capital lease obligations 230 218 Total long-term debt and capital leases 213,634 213,709 Less current maturities 379 368 Long-term debt and capital leases, less current maturities $ 213,255 $ 213,341

Note 7 - Closures and Impairm27

Note 7 - Closures and Impairments Expense (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Closures and Impairment Expenses [Table Text Block]	Thirteen weeks ended September 5 , 2017 August 30, 2016 Property impairments $ 9,124 $ 6,580 Closed restaurant lease reserves 234 17,728 Inventory write-off – 2,754 Severance benefits 14 1,760 Other closing expense 767 1,427 Gain on sale of properties (2,320 ) (57 ) Closures and impairments, net $ 7,819 $ 30,192
Future Lease Obligations Associated with Closed Properties [Table Text Block]	Reserve for Lease Obligations Balance at June 6, 2017, $ 16,230 Closing expense including rent and other lease charges 234 Payments (2,045 ) Adjustments to deferred escalating minimum rent and other (12 ) Balance at September 5, 2017 $ 14,407

Note 8 - Employee Post-employ28

Note 8 - Employee Post-employment Benefits (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Pension Plans Thirteen weeks ended September 5, 2017 August 30, 2016 Service cost $ 4 $ 6 Interest cost 396 420 Expected return on plan assets (86 ) (91 ) Recognized actuarial loss 180 338 Curtailment Expense 436 - Net periodic benefit cost $ 930 $ 673 Postretirement Medical and Life Benefits Thirteen weeks ended September 5, 2017 August 30, 2016 Service cost $ 1 $ 1 Interest cost 8 9 Recognized actuarial loss 8 17 Net periodic benefit cost $ 17 $ 27
Schedule of Unpaid Employee Separation Obligations Included in Accrued Payroll and Related Costs [Table Text Block]	Balance at June 6, 2017 $ 854 Employee severance accruals and unused vacation accruals 167 Cash payments (1,021 ) Balance at September 5, 2017 $ -

Note 10 - Share-based Employe29

Note 10 - Share-based Employee Compensation (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
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 June 6, 2017 1,694 $ 6.09 Cancellations and forfeitures (254 ) 2.51 Expired (689 ) 8.33 Outstanding at September 5, 2017 751 $ 5.24 4.09 $ – Exercisable at September 5, 2017 443 $ 6.37 2.82 $ –
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 June 6, 2017 581 $ 3.24 Granted 179 2.09 Vested (81 ) 4.78 Cancellations and forfeitures (3 ) 4.73 Unvested at September 5, 2017 676 $ 3.02 Performance-Based Vesting: Unvested at June 6, 2017 117 $ 6.51 Cancellations and forfeitures (1 ) 6.51 Unvested at September 5, 2017 116 $ 6.51
Schedule of Share based Compensation Phantom Stock Units Activity [Table Text Block]	Phantom Stock Units Service-Based Vesting: Unvested at June 6, 2017 576 Cancellations and forfeitures (81 ) Unvested at September 5, 2017 495 Performance-Based Vesting: Unvested at June 6, 2017 298 Cancellations and forfeitures (4 ) Unvested at September 5, 2017 294

Note 12 - Fair Value Measurem30

Note 12 - Fair Value Measurements (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Level September 5, 2017 June 6, 2017 Deferred compensation plan – Assets 1 $ 5,356 $ 5,631 Deferred compensation plan – Liabilities 1 (5,356 ) (5,631 )
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements Level September 5, 2017 Long-lived assets held for use 2 $ 6,044
Schedule of Gains and Losses Recognized from Fair Value Measurements on Non-Recurring Basis [Table Text Block]	Thirteen weeks ended September 5, 2017 August 30, 2016 Long-lived assets held for use $ 9,124 $ 4,266 Long-lived assets held for sale – 2,314 Property impairments $ 9,124 $ 6,580
Fair Value, by Balance Sheet Grouping [Table Text Block]	September 5, 2017 June 6, 2017 Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt (Level 2) $ 213,404 $ 216,555 $ 213,491 $ 209,524

Note 13 - Supplemental Conden31

Note 13 - Supplemental Condensed Consolidating Financial Statements (Tables)	3 Months Ended
	Sep. 05, 2017
Notes Tables
Condensed Balance Sheet [Table Text Block]	Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 47,933 $ 135 $ – $ 48,068 Restricted cash 30 – – 30 Accounts and other receivables 1,408 4,448 – 5,856 Inventories 11,754 4,436 – 16,190 Income Tax Receivable 175,585 – (172,424 ) 3,161 Other current assets 13,433 5,849 – 19,282 Total current assets 250,143 14,868 (172,424 ) 92,587 Property and equipment, net 433,009 134,105 – 567,114 Investment in subsidiaries 48,846 – (48,846 ) – Due from/(to) subsidiaries 97,032 216,009 (313,041 ) – Other assets 37,473 3,848 – 41,321 Total assets $ 866,503 $ 368,830 $ (534,311 ) $ 701,022 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 10,440 $ 2,530 $ – $ 12,970 Accrued and other current liabilities 41,331 31,359 – 72,690 Current maturities of long-term debt, including capital leases (1,179 ) 1,558 – 379 Income tax payable – 172,424 (172,424 ) – Total current liabilities 50,592 207,871 (172,424 ) 86,039 Long-term debt and capital leases, less current maturities 210,559 2,696 – 213,255 Due to/(from) subsidiaries 216,009 97,032 (313,041 ) – Other deferred liabilities 91,445 12,385 – 103,830 Total liabilities 568,605 319,984 (485,465 ) 403,124 Shareholders ’ equity: Common stock 610 – – 610 Capital in excess of par value 79,762 – – 79,762 Retained earnings 225,364 48,846 (48,846 ) 225,364 Accumulated other comprehensive loss (7,838 ) – – (7,838 ) Total shareholders ’ equity 297,898 48,846 (48,846 ) 297,898 Total liabilities & shareholders ’ equity $ 866,503 $ 368,830 $ (534,311 ) $ 701,022 Parent Guarantors Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 41,584 $ 130 $ – $ 41,714 Restricted cash 6,445 – – 6,445 Accounts and other receivables 1,913 5,402 – 7,315 Inventories 12,447 4,731 – 17,178 Income tax receivable 175,535 – (172,474 ) 3,061 Other current assets 15,969 7,355 – 23,324 Total current assets 253,893 17,618 (172,474 ) 99,037 Property and equipment, net 446,211 136,886 – 583,097 Investment in subsidiaries 51,214 – (51,214 ) – Due from/(to) subsidiaries 94,281 213,066 (307,347 ) – Other assets 37,454 4,054 – 41,508 Total assets $ 883,053 $ 371,624 $ (531,035 ) $ 723,642 Liabilities & Shareholders ’ Equity Current liabilities: Accounts payable $ 14,333 $ 3,237 $ – $ 17,570 Accrued and other current liabilities 47,796 33,340 – 81,136 Current maturities of long-term debt, including capital leases (1,157 ) 1,525 – 368 Income tax payable – 172,474 (172,474 ) – Total current liabilities 60,972 210,576 (172,474 ) 99,074 Long-term debt and capital leases, less current maturities 210,243 3,098 – 213,341 Due to/(from) subsidiaries 213,066 94,281 (307,347 ) – Other deferred liabilities 91,406 12,455 – 103,861 Total liabilities 575,687 320,410 (479,821 ) 416,276 Shareholders ’ equity: Common stock 607 – – 607 Capital in excess of par value 79,531 – – 79,531 Retained earnings 235,210 51,214 (51,214 ) 235,210 Accumulated other comprehensive loss (7,982 ) – – (7,982 ) Total shareholders ’ equity 307,366 51,214 (51,214 ) 307,366 Total liabilities & shareholders ’ equity $ 883,053 $ 371,624 $ (531,035 ) $ 723,642
Condensed Income Statement [Table Text Block]	Parent Guarantors Eliminations Consolidated Revenue: Restaurant sales and operating revenue $ 159,365 $ 57,041 $ – $ 216,406 Franchise revenue – 901 – 901 Total revenue 159,365 57,942 – 217,307 Operating costs and expenses: Cost of goods sold 42,947 15,352 – 58,299 Payroll and related costs 54,996 21,521 – 76,517 Other restaurant operating costs 34,071 12,008 – 46,079 Depreciation and amortization 7,038 2,391 – 9,429 G eneral and administrative expenses 14,790 (906 ) – 13,884 Intercompany general and administrative allocations 2,189 (2,189 ) – – Marketing expenses, net 7,575 2,428 – 10,003 Closures and impairments, net 7,208 611 – 7,819 Equity in earnings of subsidiaries (4,972 ) – 4,972 – Interest expense, net 4,970 102 – 5,072 Intercompany interest expense/(income) 2,943 (2,943 ) – – Total operating costs and expenses 173,755 48,375 4,972 227,102 ( Loss)/income before income taxes (14,390 ) 9,567 (4,972 ) (9,795 ) (Benefit)/provision for income taxes (4,544 ) 4,595 – 51 Net (loss)/income $ (9,846 ) $ 4,972 $ (4,972 ) $ (9,846 ) Other comprehensive income: Pension liability reclassification 144 – – 144 Total comprehensive (loss)/income $ (9,702 ) $ 4,972 $ (4,972 ) $ (9,702 ) 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 General and administrative expenses 8,041 8,048 – 16,089 Intercompany general and administrative allocations 10,363 (10,363 ) – – Marketing expenses, net 11,345 4,151 15,496 Closures and impairments, net 16,584 13,608 – 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 227,721 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)/income $ (39,692 ) $ (9,032 ) $ 9,032 $ (39,692 ) Other comprehensive income: Pension liability reclassification, net of tax 355 – – 355 Total comprehensive loss $ (39,337 ) $ (9,032 ) $ 9,032 $ (39,337 )
Condensed Cash Flow Statement [Table Text Block]	Parent Guarantors Eliminations Consolidated Net cash provided by operating activities $ 1,512 $ 5,549 $ (4,397 ) $ 2,664 Investing activities: Purchases of property and equipment (3,609 ) (1,265 ) – (4,874 ) Proceeds from disposal of assets 5,547 3,433 – 8,980 Insurance proceeds from property claims 567 - - 567 Reductions in Deferred Compensation Plan assets 344 - - 344 Other, net (26 ) – – (26 ) Net cash provided by investing activities 2,823 2,168 – 4,991 Financing activities: Principal payments on long-term debt 12 (372 ) – (360 ) Payments for debt issuance costs (941 ) – – (941 ) Dividends Paid – (7,340 ) 7,340 – Other intercompany transactions 2,943 – (2,943 ) – Net cash provided/(used) by financing activities 2,014 (7,712 ) 4,397 (1,301 ) Decrease in cash and cash equivalents 6,349 5 – 6,354 Cash and cash equivalents: Beginning of fiscal year 41,584 130 – 41,714 End of quarter $ 47,933 $ 135 $ – $ 48,068 Parent Guarantors Eliminations Consolidated Net cash (used)/provided by operating activities $ (2,847 ) $ 9,280 $ (4,462 ) $ 1,971 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 2,953 – (2,953 ) – Net cash provided/(used) by financing activities 2,931 (7,901 ) 4,462 (508 ) Decrease in cash and cash equivalents 1,671 13 – 1,684 Cash and cash equivalents: Beginning of fiscal year 66,831 133 – 66,964 End of quarter $ 68,502 $ 146 $ – $ 68,648

Note 1 - Basis of Presentatio32

Note 1 - Basis of Presentation (Details Textual)	Aug. 11, 2016	Aug. 30, 2016	Sep. 05, 2017
Number of Restaurants Closed	95	99
Ruby Tuesday [Member]
Number of Restaurants			541

Note 1 - Basis of Presentatio33

Note 1 - Basis of Presentation - Reclassification of Line Items Reported in Consolidated Statements of Operations and Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016
Selling, general, and administrative, net
General and administrative expenses	$ 13,884	16,089
Marketing expenses, net	$ 10,003	15,496
Scenario, Previously Reported [Member]
Selling, general, and administrative, net		31,585
General and administrative expenses
Marketing expenses, net
Scenario, Adjustment [Member]
Selling, general, and administrative, net		(31,585)
General and administrative expenses		16,089
Marketing expenses, net		$ 15,496

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
	Sep. 05, 2017	Aug. 30, 2016
Net loss	$ (9,846)	$ (39,692)
Basic (in shares)	60,411	59,790
Dilutive effect of stock options and restricted stock (in shares)
Weighted average common and dilutive potential common shares outstanding (in shares)	60,411	59,790
Basic net loss per share (in dollars per share)	$ (0.16)	$ (0.66)
Diluted net loss per share (in dollars per share)	$ (0.16)	$ (0.66)

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
	Sep. 05, 2017	Aug. 30, 2016
Antidilutive securities (in shares)	1,928	3,151
Employee Stock Option [Member]
Antidilutive securities (in shares)	1,293	2,393
Restricted Stock [Member]
Antidilutive securities (in shares)	635	758

Note 3 - Franchise Programs (De

Note 3 - Franchise Programs (Details Textual) $ in Millions	3 Months Ended
	Sep. 05, 2017USD ($)	Aug. 30, 2016USD ($)
Development and Licensing Fee Income in Conjunction with New Openings	$ 0.4	$ 0.2
Ruby Tuesday [Member]
Number of Franchise Restaurants	58
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%

Note 4 - Accounts and Other R37

Note 4 - Accounts and Other Receivables - Accounts Receivable, Current (Details) - USD ($) $ in Thousands	Sep. 05, 2017	Jun. 06, 2017
Amounts due from franchisees	$ 3,278	$ 4,014
Third-party gift card sales	880	1,147
Receivables	5,856	7,315
Other receivables	969	1,123
Rebates [Member]
Receivables	$ 729	$ 1,031

Note 5 - Property, Equipment,38

Note 5 - Property, Equipment, and Assets Held for Sale (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016	Jun. 06, 2017
Disposal Group, Including Discontinued Operation, Assets, Current	$ 8,561		$ 12,825
Property, Plant and Equipment, Disposals	6,700	$ 0
Gain (Loss) on Disposition of Property Plant Equipment	2,300	100
Proceeds from Sale of Property Plant and Equipment, Net	$ 9,000	$ 100

Note 5 - Property, Equipment,39

Note 5 - Property, Equipment, Assets Held for Sale - Property and Equipment, Net (Details) - USD ($) $ in Thousands		Sep. 05, 2017	Jun. 06, 2017
Property, plant and equipment		$ 1,031,764	$ 1,056,521
Less accumulated depreciation		464,650	473,424
Property and equipment, net		567,114	583,097
Land [Member]
Property, plant and equipment		179,890	180,520
Building [Member]
Property, plant and equipment		364,433	366,566
Building Improvements [Member]
Property, plant and equipment		211,629	227,056
Restaurant Equipment [Member]
Property, plant and equipment		187,673	192,217
Other Equipment [Member]
Property, plant and equipment		71,791	71,851
Other Capitalized Property Plant and Equipment [Member]
Property, plant and equipment	[1]	14,809	17,139
Construction in Progress and Other [Member]
Property, plant and equipment		$ 1,539	$ 1,172
[1]	Surplus properties represent assets held for sale that are not classified as such in the Condensed 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 C40

Note 6 - Long-term Debt and Capital Leases (Details Textual) $ in Thousands	May 26, 2017USD ($)	May 14, 2012USD ($)	Sep. 05, 2017USD ($)	Jun. 06, 2017USD ($)	May 25, 2017USD ($)	Feb. 28, 2017USD ($)
Debt Instrument, Collateral Amount, Appraised Value						$ 31,000
Secured Debt			$ 4,280	$ 4,650
Senior Credit Facility [Member]
Debt Instrument, Term	364 days
Line of Credit Facility, Maximum Borrowing Capacity	$ 20,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.50%
Number of Restaurants Collateralizing Debt	22
Debt Instrument, Collateral Amount			34,700
Short-term Debt			0
Line of Credit Facility, Remaining Borrowing Capacity			8,000
Debt Instrument, Covenant Requirements, Minimum Appraised Value of Eligible Restaurants			$ 30,000
Line of Credit Facility, Maximum Leverage Ratio			5
Debt Instrument, Maturity Date			May 25, 2018
Senior Credit Facility [Member] | Federal Funds Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Senior Credit Facility [Member] | Adjusted London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Senior Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	4.00%
Senior Credit Facility [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	3.00%
Senior Credit Facility [Member] | Sub-limit for Standby Letters of Credit [Member]
Line of Credit Facility, Current Borrowing Capacity	$ 15,000
Prior Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity					$ 30,000
Rent and Other Line Item [Member]
Interest Payable, Current			$ 5,200	1,200
Senior Notes [Member]
Debt Instrument, Face Amount		$ 250,000
Debt Instrument, Interest Rate, Stated Percentage		7.625%
Debt Instrument, Unamortized Discount		$ 3,700	1,262	$ 1,366
Debt Instrument, Term		8 years
Debt Instrument Repurchased Amount Authorized			20,000
Debt Instrument, Repurchase Amount			$ 0
Debt Instrument, Maturity Date			May 15, 2020
Debt Instrument, Cumulative Sinking Fund Payments			$ 0
Mortgages [Member]
Secured Debt			4,300
Mortgages [Member] | Minimum [Member]
Range of Loan Balances			$ 400
Debt Instrument, Interest Rate, Effective Percentage			7.78%
Mortgages [Member] | Maximum [Member]
Range of Loan Balances			$ 700
Debt Instrument, Interest Rate, Effective Percentage			10.17%

Note 6 - Long-term Debt and C41

Note 6 - Long-term Debt and Capital Leases - Long-term Debt and Capital Lease Obligations (Details) - USD ($) $ in Thousands	Sep. 05, 2017	Jun. 06, 2017	May 14, 2012
Unamortized debt issuance costs	$ (25)	$ (27)
Mortgage loan obligations	4,280	4,650
Unamortized discount - mortgage loan obligations		(1)
Capital lease obligations	230	218
Total long-term debt and capital leases	213,634	213,709
Less current maturities	379	368
Long-term debt and capital leases, less current maturities	213,255	213,341
Senior Notes [Member]
Senior unsecured notes	212,546	212,546
Unamortized discount	(1,262)	(1,366)	$ (3,700)
Unamortized debt issuance costs	(2,135)	(2,311)
Senior unsecured notes less unamortized discount and debt issuance costs	$ 209,149	$ 208,869

Note 7 - Closures and Impairm42

Note 7 - Closures and Impairments Expense (Details Textual) $ in Thousands	Aug. 11, 2016	Sep. 05, 2017USD ($)	Aug. 30, 2016	Aug. 30, 2016USD ($)	Jun. 06, 2017USD ($)
Number of Restaurants Closed	95		99
Closures and Impairments Expenses		$ 7,819		$ 30,192
Operating Lease Obligation		14,407			$ 16,230
Rent and Other [Member]
Operating Lease Obligation		13,500
Deferred Escalating Minimum Rent [Member]
Operating Lease Obligation		400
Other Deferred Liabilities [Member]
Operating Lease Obligation		500
Closed Restaurant Lease Reserves, Inventory Write-off, Severance Benefits, and Other Closing Expenses [Member]
Closures and Impairments Expenses		$ 500		$ 24,700

Note 7 - Closures and Impairm43

Note 7 - Closures and Impairments Expense - Closures and Impairments Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016
Closures and Impairments Expenses	$ 7,819	$ 30,192
Closed restaurant lease reserves	234
Inventory write-off		2,754
Continuing Operations [Member]
Closures and Impairments Expenses	7,819	30,192
Closed restaurant lease reserves	234	17,728
Inventory write-off		2,754
Severance benefits	14	1,760
Gain on sale of properties	(2,320)	(57)
Continuing Operations [Member] | Other Closing Expense [Member]
Closures and Impairments Expenses	767	1,427
Property [Member] | Continuing Operations [Member]
Closures and Impairments Expenses	$ 9,124	$ 6,580

Note 7 - Closures and Impairm44

Note 7 - Closures and Impairments Expense - Future Liabilities Associated With Closed Properties (Details) $ in Thousands	3 Months Ended
	Sep. 05, 2017USD ($)
Balance	$ 16,230
Closing expense including rent and other lease charges	234
Payments	(2,045)
Adjustments to deferred escalating minimum rent and other	(12)
Balance	$ 14,407

Note 8 - Employee Post-employ45

Note 8 - Employee Post-employment Benefits (Details Textual) $ in Thousands	3 Months Ended
	Sep. 05, 2017USD ($)	Aug. 30, 2016USD ($)	Jun. 06, 2017USD ($)
Defined Benefit Pension Plans	3
Number of Defined Contribution Plans Sponsored By Entity			2
Employee-related Liabilities, Current	$ 12,413		$ 15,505
Employee Severance [Member]
Employee-related Liabilities, Current			900
Selling, General and Administrative Expenses [Member]
Defined Benefit Plan, Amortization of Gain (Loss)	100	$ 400
Retirement Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year			0
Executive Supplemental Pension Plan and Management Retirement Plan [Member] | Payroll and Related Costs [Member]
Liability, Defined Benefit Pension Plan, Current	1,600		3,000
Executive Supplemental Pension Plan and Management Retirement Plan [Member] | Other Deferred Liabilities [Member]
Liability, Defined Benefit Pension Plan, Noncurrent	33,900		33,500
Post-retirement Medical and Life Benefits Plans [Member] | Payroll and Related Costs [Member]
Liability, Defined Benefit Pension Plan, Current	100		100
Post-retirement Medical and Life Benefits Plans [Member] | Other Deferred Liabilities [Member]
Liability, Defined Benefit Pension Plan, Noncurrent	900		$ 900
Executive Supplemental Pension Plan [Member]
Defined Benefit Plan, Benefit Obligation, Payment for Settlement	$ 1,400

Note 8 - Employee Post-employ46

Note 8 - Employee Post-employment Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016
Pension Plan [Member]
Service cost	$ 4	$ 6
Interest cost	396	420
Expected return on plan assets	(86)	(91)
Recognized actuarial loss	180	338
Curtailment Expense	436
Net periodic benefit cost	930	673
Postretirement Medical and Life Benefits [Member]
Service cost	1	1
Interest cost	8	9
Recognized actuarial loss	8	17
Net periodic benefit cost	$ 17	$ 27

Note 8 - Employee Post-employ47

Note 8 - Employee Post-employment Benefits - Roll Forward of Employee Separation Obligations (Details) - Employee Severance [Member] $ in Thousands	3 Months Ended
	Sep. 05, 2017USD ($)
Balance	$ 854
Employee severance accruals and unused vacation accruals	167
Cash payments	(1,021)
Balance

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 05, 2017	Aug. 30, 2016	Jun. 06, 2017
Deferred Tax Assets, Valuation Allowance	$ 140,400		$ 135,900
Income Tax Expense (Benefit)	51	$ (1,694)
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	5,800
Unrecognized Tax Benefits	4,000		3,900
Unrecognized Tax Benefit Reclassified Against Deferred Tax Assets	3,500		3,400
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	2,500		2,500
Operating Loss Carryforwards, State and Local, Reclassified Against Deferred Tax Assets	2,300		2,200
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 500		$ 400

Note 10 - Share-based Employe49

Note 10 - Share-based Employee Compensation (Details Textual) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 05, 2017USD ($)$ / sharesshares	Aug. 30, 2016USD ($)	Jun. 06, 2017USD ($)shares
Preferred Stock, Shares Authorized	250,000
Preferred Stock, Par or Stated Value Per Share | $ / shares	$ 0.01
Preferred Stock, Shares Issued	0		0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value | $	$ 0.2
Allocated Share-based Compensation Expense | $	0.2	$ 0.9
Payroll and Related Costs [Member]
Deferred Compensation Share-based Arrangements, Liability, Current | $			$ 0.4
Other Deferred Liabilities [Member]
Deferred Compensation Share-based Arrangements, Liability, Classified, Noncurrent | $	$ 0.8		$ 0.5
Restricted Stock Service-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	179,000
Employee Stock Option [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 0.2
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 182 days
Stock Options Services-Based [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	4 years 32 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	751,000		1,694,000
Restricted Stock Units (RSUs) [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 1
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 182 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Vested | $	$ 0.2
Phantom Stock Units Service-based [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	81,000
SIP and 1996 SIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	6,424,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	751,000
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
SIP and 1996 SIP [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	5,673,000
SIP [Member] | Stock Options Services-Based [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	247,000
SIP [Member] | Restricted Stock [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	179,000
Number Of Annual Installments	3

Note 10 - Share-based Employe50

Note 10 - Share-based Employee Compensation - Summary of Stock Option Activity (Details) - Stock Options Services-Based [Member] shares in Thousands	3 Months Ended
	Sep. 05, 2017$ / sharesshares
Outstanding, Shares (in shares) | shares	1,694
Outstanding, Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 6.09
Cancellations and Forfeitures, Shares (in shares) | shares	(254)
Cancellations and Forfeitures, Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 2.51
Expired, Shares (in shares) | shares	(689)
Expired, Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 8.33
Outstanding, Shares (in shares) | shares	751
Outstanding, Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 5.24
Outstanding, weighted average remaining contractual term (Year)	4 years 32 days
Exercisable at September 5, 2017 (in shares) | shares	443
Exercisable at September 5, 2017 (in dollars per share) | $ / shares	$ 6.37
Exercisable, weighted average remaining contractual term (Year)	2 years 299 days

Note 10 - Share-based Employe51

Note 10 - Share-based Employee Compensation - Summary of Restricted Stock Activity (Details) shares in Thousands	3 Months Ended
	Sep. 05, 2017$ / sharesshares
Restricted Stock Service-based [Member]
Unvested, Shares (in shares) | shares	581
Unvested, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 3.24
Granted, Shares (in shares) | shares	179
Granted, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 2.09
Vested, Shares (in shares) | shares	(81)
Vested, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 4.78
Cancellations and Forfeitures, Shares (in shares) | shares	(3)
Cancellations and Forfeitures, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 4.73
Unvested, Shares (in shares) | shares	676
Unvested, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 3.02
Restricted Stock Performance-based [Member]
Unvested, Shares (in shares) | shares	117
Unvested, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 6.51
Cancellations and Forfeitures, Shares (in shares) | shares	(1)
Cancellations and Forfeitures, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 6.51
Unvested, Shares (in shares) | shares	116
Unvested, Weighted Average Fair Value (in dollars per share) | $ / shares	$ 6.51

Note 10 - Share-based Employe52

Note 10 - Share-based Employee Compensation - Phantom Stock Unit Activity (Details) shares in Thousands	3 Months Ended
	Sep. 05, 2017shares
Phantom Stock Units Service-based [Member]
Unvested, Shares (in shares)	576
Cancellations and forfeitures (in shares)	(81)
Unvested, Shares (in shares)	495
Phantom Stock Units Performance-based [Member]
Unvested, Shares (in shares)	298
Cancellations and forfeitures (in shares)	(4)
Unvested, Shares (in shares)	294

Note 12 - Fair Value Measurem53

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	Sep. 05, 2017	Jun. 07, 2017
Deferred compensation plan – Assets	$ 5,356	$ 5,631
Deferred compensation plan – Liabilities	$ (5,356)	$ (5,631)

Note 12 - Fair Value Measurem54

Note 12 - Fair Value Measurements - Fair Values Financial Assets and Liabilities Measured on a Non-recurring Basis (Details) $ in Thousands	Sep. 05, 2017USD ($)
Fair Value, Inputs, Level 2 [Member] | Assets Held for Use [Member]
Assets, Fair Value Disclosure, Nonrecurring	$ 6,044

Note 12 - Fair Value Measurem55

Note 12 - Fair Value Measurements - Losses Recognized from Fair Value Measurements on Non-recurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016
Property impairments	$ 6,944	$ 6,253
Continuing Operations [Member]
Long-lived assets held for use	9,124	4,266
Long-lived assets held for sale		2,314
Property impairments	$ 9,124	$ 6,580

Note 12 - Fair Value Measurem56

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	Sep. 05, 2017	Jun. 06, 2017
Long-term debt, carrying amount	$ 213,404	$ 213,491
Long-term debt, fair value	$ 216,555	$ 209,524

Note 13 - Supplemental Conden57

Note 13 - Supplemental Condensed Consolidating Financial Statements - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 05, 2017	Jun. 06, 2017	Aug. 30, 2016	May 31, 2016
Cash and cash equivalents	$ 48,068	$ 41,714	$ 68,648	$ 66,964
Restricted cash	30	6,445
Accounts and other receivables	5,856	7,315
Inventories	16,190	17,178
Income Tax Receivable	3,161	3,061
Other current assets	19,282	23,324
Total current assets	92,587	99,037
Property and equipment, net	567,114	583,097
Investment in subsidiaries
Due from/(to) subsidiaries
Other assets	41,321	41,508
Total assets	701,022	723,642
Accounts payable	12,970	17,570
Accrued and other current liabilities	72,690	81,136
Current maturities of long-term debt, including capital leases	379	368
Income tax payable
Total current liabilities	86,039	99,074
Long-term debt and capital leases, less current maturities	213,255	213,341
Due to/(from) subsidiaries
Other deferred liabilities	103,830	103,861
Total liabilities	403,124	416,276
Common stock	610	607
Capital in excess of par value	79,762	79,531
Retained earnings	225,364	235,210
Accumulated other comprehensive loss	(7,838)	(7,982)
Total shareholders’ equity	297,898	307,366
Total liabilities & shareholders’ equity	701,022	723,642
Current liabilities:
Accounts payable	12,970	17,570
Accrued and other current liabilities	72,690	81,136
Current maturities of long-term debt, including capital leases	379	368
Income tax payable
Total current liabilities	86,039	99,074
Long-term debt and capital leases, less current maturities	213,255	213,341
Due to/(from) subsidiaries
Other deferred liabilities	103,830	103,861
Total liabilities	403,124	416,276
Shareholders’ equity:
Common stock	610	607
Capital in excess of par value	79,762	79,531
Retained earnings	225,364	235,210
Accumulated other comprehensive loss	(7,838)	(7,982)
Total shareholders’ equity	297,898	307,366
Total liabilities & shareholders’ equity	701,022	723,642
Consolidation, Eliminations [Member]
Cash and cash equivalents
Restricted cash
Accounts and other receivables
Inventories
Income Tax Receivable	(172,424)	(172,474)
Other current assets
Total current assets	(172,424)	(172,474)
Property and equipment, net
Investment in subsidiaries	(48,846)	(51,214)
Due from/(to) subsidiaries	(313,041)	(307,347)
Other assets
Total assets	(534,311)	(531,035)
Accounts payable
Accrued and other current liabilities
Current maturities of long-term debt, including capital leases
Income tax payable	(172,424)	(172,474)
Total current liabilities	(172,424)	(172,474)
Long-term debt and capital leases, less current maturities
Due to/(from) subsidiaries	(313,041)	(307,347)
Other deferred liabilities
Total liabilities	(485,465)	(479,821)
Common stock
Capital in excess of par value
Retained earnings	(48,846)	(51,214)
Accumulated other comprehensive loss
Total shareholders’ equity	(48,846)	(51,214)
Total liabilities & shareholders’ equity	(534,311)	(531,035)
Current liabilities:
Accounts payable
Accrued and other current liabilities
Current maturities of long-term debt, including capital leases
Income tax payable	(172,424)	(172,474)
Total current liabilities	(172,424)	(172,474)
Long-term debt and capital leases, less current maturities
Due to/(from) subsidiaries	(313,041)	(307,347)
Other deferred liabilities
Total liabilities	(485,465)	(479,821)
Shareholders’ equity:
Common stock
Capital in excess of par value
Retained earnings	(48,846)	(51,214)
Accumulated other comprehensive loss
Total shareholders’ equity	(48,846)	(51,214)
Total liabilities & shareholders’ equity	(534,311)	(531,035)
Parent Company [Member]
Cash and cash equivalents	47,933	41,584	68,502	66,831
Restricted cash	30	6,445
Accounts and other receivables	1,408	1,913
Inventories	11,754	12,447
Income Tax Receivable	175,585	175,535
Other current assets	13,433	15,969
Total current assets	250,143	253,893
Property and equipment, net	433,009	446,211
Investment in subsidiaries	48,846	51,214
Due from/(to) subsidiaries	97,032	94,281
Other assets	37,473	37,454
Total assets	866,503	883,053
Accounts payable	10,440	14,333
Accrued and other current liabilities	41,331	47,796
Current maturities of long-term debt, including capital leases	(1,179)	(1,157)
Income tax payable
Total current liabilities	50,592	60,972
Long-term debt and capital leases, less current maturities	210,559	210,243
Due to/(from) subsidiaries	216,009	213,066
Other deferred liabilities	91,445	91,406
Total liabilities	568,605	575,687
Common stock	610	607
Capital in excess of par value	79,762	79,531
Retained earnings	225,364	235,210
Accumulated other comprehensive loss	(7,838)	(7,982)
Total shareholders’ equity	297,898	307,366
Total liabilities & shareholders’ equity	866,503	883,053
Current liabilities:
Accounts payable	10,440	14,333
Accrued and other current liabilities	41,331	47,796
Current maturities of long-term debt, including capital leases	(1,179)	(1,157)
Income tax payable
Total current liabilities	50,592	60,972
Long-term debt and capital leases, less current maturities	210,559	210,243
Due to/(from) subsidiaries	216,009	213,066
Other deferred liabilities	91,445	91,406
Total liabilities	568,605	575,687
Shareholders’ equity:
Common stock	610	607
Capital in excess of par value	79,762	79,531
Retained earnings	225,364	235,210
Accumulated other comprehensive loss	(7,838)	(7,982)
Total shareholders’ equity	297,898	307,366
Total liabilities & shareholders’ equity	866,503	883,053
Guarantor Subsidiaries [Member]
Cash and cash equivalents	135	130	$ 146	$ 133
Restricted cash
Accounts and other receivables	4,448	5,402
Inventories	4,436	4,731
Income Tax Receivable
Other current assets	5,849	7,355
Total current assets	14,868	17,618
Property and equipment, net	134,105	136,886
Investment in subsidiaries
Due from/(to) subsidiaries	216,009	213,066
Other assets	3,848	4,054
Total assets	368,830	371,624
Accounts payable	2,530	3,237
Accrued and other current liabilities	31,359	33,340
Current maturities of long-term debt, including capital leases	1,558	1,525
Income tax payable	172,424	172,474
Total current liabilities	207,871	210,576
Long-term debt and capital leases, less current maturities	2,696	3,098
Due to/(from) subsidiaries	97,032	94,281
Other deferred liabilities	12,385	12,455
Total liabilities	319,984	320,410
Common stock
Capital in excess of par value
Retained earnings	48,846	51,214
Accumulated other comprehensive loss
Total shareholders’ equity	48,846	51,214
Total liabilities & shareholders’ equity	368,830	371,624
Current liabilities:
Accounts payable	2,530	3,237
Accrued and other current liabilities	31,359	33,340
Current maturities of long-term debt, including capital leases	1,558	1,525
Income tax payable	172,424	172,474
Total current liabilities	207,871	210,576
Long-term debt and capital leases, less current maturities	2,696	3,098
Due to/(from) subsidiaries	97,032	94,281
Other deferred liabilities	12,385	12,455
Total liabilities	319,984	320,410
Shareholders’ equity:
Common stock
Capital in excess of par value
Retained earnings	48,846	51,214
Accumulated other comprehensive loss
Total shareholders’ equity	48,846	51,214
Total liabilities & shareholders’ equity	$ 368,830	$ 371,624

Note 13 - Supplemental Conden58

Note 13 - Supplemental Condensed Consolidating Financial Statements - Condensed Consolidating Statement of Operations and Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016
Restaurant sales and operating revenue	$ 216,406	$ 255,764
Franchise revenue	901	893
Total revenue	217,307	256,657
Cost of goods sold	58,299	72,190
Payroll and related costs	76,517	90,607
Other restaurant operating costs	46,079	57,363
Depreciation and amortization	9,429	11,229
General and administrative expenses	13,884	16,089
Intercompany general and administrative allocations
Marketing expenses, net	10,003	15,496
Closures and Impairments Expenses	7,819	30,192
Equity in earnings (losses) of subsidiaries
Interest expense, net	5,072	4,877
Intercompany interest expense/(income)
Total operating costs and expenses	227,102	298,043
(Loss)/income before income taxes	(9,795)	(41,386)
Income Tax Expense (Benefit)	51	(1,694)
Net (loss)/income	(9,846)	(39,692)
Pension liability reclassification	144	355
Total comprehensive (loss)/income	(9,702)	(39,337)
Loss before income taxes	(9,795)	(41,386)
Total comprehensive loss	(9,702)	(39,337)
Consolidation, Eliminations [Member]
Restaurant sales and operating revenue
Franchise revenue
Total revenue
Cost of goods sold
Payroll and related costs
Other restaurant operating costs
Depreciation and amortization
General and administrative expenses
Intercompany general and administrative allocations
Marketing expenses, net
Closures and Impairments Expenses
Equity in earnings (losses) of subsidiaries	4,972	(9,032)
Interest expense, net
Intercompany interest expense/(income)
Total operating costs and expenses	4,972	(9,032)
(Loss)/income before income taxes	(4,972)	9,032
Income Tax Expense (Benefit)
Net (loss)/income	(4,972)	9,032
Pension liability reclassification
Total comprehensive (loss)/income	(4,972)	9,032
Loss before income taxes	(4,972)	9,032
Total comprehensive loss	(4,972)	9,032
Parent Company [Member]
Restaurant sales and operating revenue	159,365	185,088
Franchise revenue		10
Total revenue	159,365	185,098
Cost of goods sold	42,947	52,182
Payroll and related costs	54,996	63,575
Other restaurant operating costs	34,071	40,976
Depreciation and amortization	7,038	8,088
General and administrative expenses	14,790	8,041
Intercompany general and administrative allocations	2,189	10,363
Marketing expenses, net	7,575	11,345
Closures and Impairments Expenses	7,208	16,584
Equity in earnings (losses) of subsidiaries	(4,972)	9,032
Interest expense, net	4,970	4,582
Intercompany interest expense/(income)	2,943	2,953
Total operating costs and expenses	173,755	227,721
(Loss)/income before income taxes	(14,390)	(42,623)
Income Tax Expense (Benefit)	(4,544)	(2,931)
Net (loss)/income	(9,846)	(39,692)
Pension liability reclassification	144	355
Total comprehensive (loss)/income	(9,702)	(39,337)
Loss before income taxes	(14,390)	(42,623)
Total comprehensive loss	(9,702)	(39,337)
Guarantor Subsidiaries [Member]
Restaurant sales and operating revenue	57,041	70,676
Franchise revenue	901	883
Total revenue	57,942	71,559
Cost of goods sold	15,352	20,008
Payroll and related costs	21,521	27,032
Other restaurant operating costs	12,008	16,387
Depreciation and amortization	2,391	3,141
General and administrative expenses	(906)	8,048
Intercompany general and administrative allocations	(2,189)	(10,363)
Marketing expenses, net	2,428	4,151
Closures and Impairments Expenses	611	13,608
Equity in earnings (losses) of subsidiaries
Interest expense, net	102	295
Intercompany interest expense/(income)	(2,943)	(2,953)
Total operating costs and expenses	48,375	79,354
(Loss)/income before income taxes	9,567	(7,795)
Income Tax Expense (Benefit)	4,595	1,237
Net (loss)/income	4,972	(9,032)
Pension liability reclassification
Total comprehensive (loss)/income	4,972	(9,032)
Loss before income taxes	9,567	(7,795)
Total comprehensive loss	$ 4,972	$ (9,032)

Note 13 - Supplemental Conden59

Note 13 - Supplemental Condensed Consolidating Financial Statements - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 05, 2017	Aug. 30, 2016
Net cash provided by operating activities	$ 2,664	$ 1,971
Purchases of property and equipment	(4,874)	(6,358)
Proceeds from disposal of assets	8,980	5,257
Insurance proceeds from property claims	567	150
Reductions in Deferred Compensation Plan assets	344	312
Other, net	(26)	1,322
Net cash provided by investing activities	4,991	221
Principal payments on long-term debt	(360)	(475)
Payments for debt issuance costs	(941)	(7)
Dividends Paid
Other intercompany transactions
Net cash provided/(used) by financing activities	(1,301)	(508)
Decrease in cash and cash equivalents	6,354	1,684
Beginning of fiscal year	41,714	66,964
End of quarter	48,068	68,648
Investing activities:
Purchases of property and equipment	(4,874)	(6,358)
Proceeds from disposal of assets	8,980	5,257
Other, net	(26)	1,322
Net cash provided by investing activities	4,991	221
Financing activities:
Principal payments on long-term debt	(360)	(475)
Stock repurchases		(26)
Payments for debt issuance costs	(941)	(7)
Dividends Paid
Other intercompany transactions
Net cash provided/(used) by financing activities	(1,301)	(508)
Decrease in cash and cash equivalents	6,354	1,684
Beginning of fiscal year	41,714	66,964
End of quarter	48,068	68,648
Consolidation, Eliminations [Member]
Net cash provided by operating activities	(4,397)	(4,462)
Purchases of property and equipment
Proceeds from disposal of assets
Insurance proceeds from property claims
Reductions in Deferred Compensation Plan assets
Other, net
Net cash provided by investing activities
Principal payments on long-term debt
Payments for debt issuance costs
Dividends Paid	7,340	7,415
Other intercompany transactions	(2,943)	(2,953)
Net cash provided/(used) by financing activities	4,397	4,462
Decrease in cash and cash equivalents
Beginning of fiscal year
End of quarter
Investing activities:
Purchases of property and equipment
Proceeds from disposal of assets
Other, net
Net cash provided by investing activities
Financing activities:
Principal payments on long-term debt
Stock repurchases
Payments for debt issuance costs
Dividends Paid	7,340	7,415
Other intercompany transactions	(2,943)	(2,953)
Net cash provided/(used) by financing activities	4,397	4,462
Decrease in cash and cash equivalents
Beginning of fiscal year
End of quarter
Parent Company [Member]
Net cash provided by operating activities	1,512	(2,847)
Purchases of property and equipment	(3,609)	(4,992)
Proceeds from disposal of assets	5,547	5,257
Insurance proceeds from property claims	567
Reductions in Deferred Compensation Plan assets	344
Other, net	(26)	1,322
Net cash provided by investing activities	2,823	1,587
Principal payments on long-term debt	12	11
Payments for debt issuance costs	(941)	(7)
Dividends Paid
Other intercompany transactions	2,943	2,953
Net cash provided/(used) by financing activities	2,014	2,931
Decrease in cash and cash equivalents	6,349	1,671
Beginning of fiscal year	41,584	66,831
End of quarter	47,933	68,502
Investing activities:
Purchases of property and equipment	(3,609)	(4,992)
Proceeds from disposal of assets	5,547	5,257
Other, net	(26)	1,322
Net cash provided by investing activities	2,823	1,587
Financing activities:
Principal payments on long-term debt	12	11
Stock repurchases		(26)
Payments for debt issuance costs	(941)	(7)
Dividends Paid
Other intercompany transactions	2,943	2,953
Net cash provided/(used) by financing activities	2,014	2,931
Decrease in cash and cash equivalents	6,349	1,671
Beginning of fiscal year	41,584	66,831
End of quarter	47,933	68,502
Guarantor Subsidiaries [Member]
Net cash provided by operating activities	5,549	9,280
Purchases of property and equipment	(1,265)	(1,366)
Proceeds from disposal of assets	3,433
Insurance proceeds from property claims
Reductions in Deferred Compensation Plan assets
Other, net
Net cash provided by investing activities	2,168	(1,366)
Principal payments on long-term debt	(372)	(486)
Payments for debt issuance costs
Dividends Paid	(7,340)	(7,415)
Other intercompany transactions
Net cash provided/(used) by financing activities	(7,712)	(7,901)
Decrease in cash and cash equivalents	5	13
Beginning of fiscal year	130	133
End of quarter	135	146
Investing activities:
Purchases of property and equipment	(1,265)	(1,366)
Proceeds from disposal of assets	3,433
Other, net
Net cash provided by investing activities	2,168	(1,366)
Financing activities:
Principal payments on long-term debt	(372)	(486)
Stock repurchases
Payments for debt issuance costs
Dividends Paid	(7,340)	(7,415)
Other intercompany transactions
Net cash provided/(used) by financing activities	(7,712)	(7,901)
Decrease in cash and cash equivalents	5	13
Beginning of fiscal year	130	133
End of quarter	$ 135	$ 146

Note 15 - Subsequent Events (De

Note 15 - Subsequent Events (Details Textual)	Oct. 16, 2017$ / shares
Subsequent Event [Member]
Merger Agreement, Right to Receive, Cash Per Share	$ 2.40