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Stock Based Compensation

9 Months Ended

Feb. 29, 2020

Share-based Payment Arrangement [Abstract]

Total stock based compensation expense was $2.7 million and $2.6 million for the thirty-nine weeks ended February 29, 2020 and March 2, 2019, respectively.

Unrecognized compensation expense as a result of non-vested shares of the 2012 Omnibus Long-Term Incentive Plan at February 29, 2020 of $7.2 million will be recorded over a weighted average period of 2.3 years. Refer to Note 10 of our June 1, 2019 audited financial statements for further information on our stock compensation plans.

The Company’s restricted share activity for the thirty-nine weeks ended February 29, 2020 follows:


	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding, June 1, 2019	248,412	$	43.20
Granted	104,566	38.25
Vested	(77,801)	43.00
Forfeited	(2,131)	43.20
Outstanding, February 29, 2020	273,046	$	41.36