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Fair Value Measurements (Tables)
9 Months Ended
Feb. 27, 2016
Fair Value Measurements [Abstract]  
Schedule Of Fair Value And Carrying Value Of Borrowings Under Credit Facilities And Long-Term Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

February 27, 2016

 

May 30, 2015

 

Carrying Value

 

Fair Value

 

Carrying Value

 

Fair Value

2.0%6.84% Notes payable

$

27,240 

 

$

27,586 

 

$

44,549 

 

$

45,158 

Series A Senior Secured Notes at 5.45%

 

 -

 

 

 -

 

 

6,311 

 

 

6,312 

 

$

27,240 

 

$

27,586 

 

$

50,860 

 

$

51,470 

 

Schedule Of Assets Measured At Fair Value On A Recurring Basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

Total

February 27, 2016

 

Level 1

 

Level 2

 

Level 3

 

Balance

Assets

 

 

 

 

 

 

 

 

 

 

 

 

US government and agency obligations

 

$

 -

 

$

10,991 

 

$

 -

 

$

10,991 

Municipal bonds

 

 

 -

 

 

80,177 

 

 

 -

 

 

80,177 

Commercial paper

 

 

 -

 

 

2,989 

 

 

 -

 

 

2,989 

Corporate bonds

 

 

 -

 

 

266,475 

 

 

 -

 

 

266,475 

Foreign government obligations

 

 

 -

 

 

2,056 

 

 

 -

 

 

2,056 

Asset backed securities

 

 

 -

 

 

12,686 

 

 

 -

 

 

12,686 

Mutual Funds

 

 

5,415 

 

 

 -

 

 

 -

 

 

5,415 

Total assets measured at fair value

 

$

5,415 

 

375,374 

 

$

 -

 

$  

380,789 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

Total

May 30, 2015

 

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 

 

Changes In Fair Value Of Contingent Consideration

 

 

 

 

 

 

 

 

Thirty-nine weeks ended February 27, 2016

Balance at May 30, 2015

$

1,024 

(Gains)/Losses recognized in earnings

 

 -

Actual payments made

 

(1,024)

Balance at February 27, 2016

$

 -