Available-For-Sale Securities (Tables)

6 Months Ended

Nov. 29, 2014

Available-For-Sale Securities [Abstract]

Schedule Of Available-For-Sale Securities Classified As Current Assets

	November 29, 2014
(Amounts in thousands)	Amortized Cost		Gains in Accumulated Other Comprehensive Income		Losses in Accumulated Other Comprehensive Income		Estimated Fair Value
State municipal bonds	$	74,779	$	175	$	-	$	74,954
US government obligations		3,755		10		-		3,765
Corporate bonds		103,641		-		19		103,622
Commercial paper		2,496		1		-		2,497
Foreign government obligations		1,053		2		-		1,055
Government agency bonds		4,638		3		-		4,641
Variable rate demand notes		1,000		-		-		1,000
Total available-for-sale securities	$	191,362	$	191	$	19	$	191,534
Mutual Funds*		942		508		-		1,450
Total noncurrent available-for-sale securities	$	942	$	508	$	-	$	1,450

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

	May 31, 2014
(Amounts in thousands)	Amortized Cost		Gains in Accumulated Other Comprehensive Income		Losses in Accumulated Other Comprehensive Income		Estimated Fair Value
State municipal bonds	$	75,659	$	188	$	-	$	75,847
US government obligations		4,056		5		-		4,061
Corporate bonds		102,587		98		-		102,685
Commercial paper		3,927		3		-		3,930
Certificates of deposit		350		1		-		351
Foreign government obligations		1,064		2		-		1,066
Government agency bonds		4,791		7		-		4,798
Variable rate demand notes		2,000		-		-		2,000
Total current available-for-sale securities	$	194,434	$	304	$	-	$	194,738
Mutual Funds*		999		452		-		1,451
Total noncurrent available-for-sale securities	$	999	$	452	$	-	$	1,451

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

Schedule Of Contractual Maturities Of Available-For-Sale Debt Securities

		Estimated Fair Value
Within one year	$	86,948
After 1-5 years		104,586
After 5-10 years		-
Total	$	191,534