Fair Value Measures (Tables)

12 Months Ended

May 31, 2014

Fair Value Measures [Abstract]

Schedule Of Fair Value And Carrying Value Of Borrowings Under Credit Facilities And Long-Term Debt

	May 31, 2014				June 1, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
2.00 – 6.80% Notes payable	$	52,676	$	53,387	$	54,239	$	56,237
Series A Senior Secured Notes at 5.45%		8,417		8,396		10,524		10,636
Note payable-Texas Egg Products, LLC (payable to non-affiliate equity members)		-  -		-		257		257
	$	61,093	$	61,783	$	65,020	$	67,130

Schedule Of Assets Measured At Fair Value On A Recurring Basis

	May 31, 2014
	Quoted Prices
	in Active		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable
	Instruments		Inputs		Inputs		Total
	(Level 1)		(Level 2)		(Level 3)		Balance
Investment securities available-for-sale
State municipal bonds	$	-	$	75,847	$	-	$	75,847
US government obligations		-		4,061		-		4,061
Corporate bonds		-		102,685		-		102,685
Commercial paper		-		3,930		-		3,930
Certificates of deposit		-		351		-		351
Variable rate demand notes		-		2,000		-		2,000
Government agency bonds		-		4,798		-		4,798
Foreign government obligations		-		1,066		-		1,066
Mutual Funds*		1,451		-		-		1,451
Total available-for-sale securities at fair value		1,451		194,738		-		196,189
Commodity contracts		-		1,255		-		1,255
Total assets measured at fair value	$	1,451	$	195,993	$	-	$	197,444
Contingent consideration		-		-		2,985		2,985
Total liabilities measured at fair value	$	-	$	-	$	2,985	$	2,985

*The mutual funds are classified as long term and are a part of “other investments” in the Consolidated Balance Sheet.

	June 1, 2013
	Quoted Prices
	in Active		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable
	Instruments		Inputs		Inputs		Total
	(Level 1)		(Level 2)		(Level 3)		Balance
Investment securities available-for-sale
State municipal bonds	$	-	$	61,195	$	-	$	61,195
US government obligations		-		12,377		-		12,377
Corporate bonds		-		64,383		-		64,383
Certificates of deposit		-		12,285		-		12,285
Government agency bonds		-		7,664		-		7,664
Mutual Funds*		1,026		-		-		1,026
Total assets measured at fair value	$	1,026	$	157,904	$	-	$	158,930
Contingent consideration		-		-		1,250		1,250
Total liabilities measured at fair value	$	-	$	-	$	1,250	$	1,250

*The mutual funds are classified as long term and are a part of “other investments”in the Consolidated Balance Sheet.

Changes In Fair Value Of Contingent Consideration

		Year ended
		May 31, 2014
Balance at beginning of year	$	1,250
Liabilities recognized at acquisition date		-
(Gains)/Losses recognized in earnings		4,359
Payments		(2,624)
Balance at end of year	$	2,985