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Fair Value Measurements (Tables)
12 Months Ended
May. 30, 2015
Fair Value Measurements [Abstract]  
Schedule Of Fair Value And Carrying Value Of Borrowings Under Credit Facilities And Long-Term Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

May 30, 2015

 

May 31, 2014

 

Carrying Value

 

Fair Value

 

Carrying Value

 

Fair Value

2.006.80% Notes payable

$

44,549 

 

$

45,158 

 

$

52,676 

 

$

53,387 

Series A Senior Secured Notes at 5.45%

 

6,311 

 

 

6,312 

 

 

8,417 

 

 

8,396 

 

$

50,860 

 

$

51,470 

 

$

61,093 

 

$

61,783 

 

Schedule Of Assets Measured At Fair Value On A Recurring Basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

May 30, 2015

   

 

Quoted Prices

 

 

 

 

 

 

   

 

in Active

 

Significant

 

 

 

 

   

 

Markets for

 

Other

 

Significant

 

 

   

 

Identical

 

Observable

 

Unobservable

 

 

   

 

Instruments

 

Inputs

 

Inputs

 

Total

 

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Balance

Assets

 

 

 

 

 

 

 

 

 

 

 

 

US government and agency obligations

 

$

 -

 

$

9,630 

 

$

 -

 

$

9,630 

Municipal bonds

 

 

 -

 

 

76,311 

 

 

 -

 

 

76,311 

Certificates of deposit

 

 

 -

 

 

2,002 

 

 

 -

 

 

2,002 

Commercial paper

 

 

 -

 

 

7,496 

 

 

 -

 

 

7,496 

Corporate bonds

 

 

 -

 

 

136,364 

 

 

 -

 

 

136,364 

Foreign government obligations

 

 

 -

 

 

1,045 

 

 

 -

 

 

1,045 

Asset backed securities

 

 

 -

 

 

14,352 

 

 

 -

 

 

14,352 

Mutual Funds

 

 

4,508 

 

 

 -

 

 

 -

 

 

4,508 

Commodity contracts

 

 

 -

 

 

82 

 

 

 -

 

 

82 

Total assets measured at fair value

 

$

4,508 

 

247,282 

 

$

 -

 

$  

251,790 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

 

 -

 

 

 -

 

 

1,024 

 

 

1,024 

Total liabilities measured at fair value

 

$

 -

 

$

 -

 

$

1,024 

 

$

1,024 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

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

Assets

 

 

 

 

 

 

 

 

 

 

 

 

US government and agency obligations

 

$

 -

 

$

8,859 

 

$

 -

 

$

8,859 

Municipal bonds

 

 

 -

 

 

71,834 

 

 

 -

 

 

71,834 

Certificates of deposit

 

 

 -

 

 

351 

 

 

 -

 

 

351 

Commercial paper

 

 

 -

 

 

3,930 

 

 

 -

 

 

3,930 

Corporate bonds

 

 

 -

 

 

102,685 

 

 

 -

 

 

102,685 

Foreign government obligations

 

 

 -

 

 

1,066 

 

 

 -

 

 

1,066 

Variable rate demand notes

 

 

 -

 

 

2,000 

 

 

 -

 

 

2,000 

Mutual Funds

 

 

5,464 

 

 

 -

 

 

 -

 

 

5,464 

Commodity contracts

 

 

 -

 

 

1,255 

 

 

 -

 

 

1,255 

Total assets measured at fair value

 

$

5,464 

 

191,980 

 

$

 -

 

$  

197,444 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

 

 -

 

 

 -

 

 

2,985 

 

 

2,985 

Total liabilities measured at fair value

 

$

 -

 

$

 -

 

$

2,985 

 

$

2,985 

 

Changes In Fair Value Of Contingent Consideration

 

 

 

 

 

 

 

 

Year ended

 

 

May 30, 2015

Balance at beginning of year

$

2,985 

(Gains)/Losses recognized in earnings

 

239 

Payments

 

(2,200)

Balance at end of year

$

1,024