Fair Value Measurements (Tables)

3 Months Ended

Aug. 29, 2020

Fair Value Disclosures [Abstract]

Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis

In accordance with the fair value hierarchy described above, the following table shows the fair value of financial assets and liabilities measured at fair value on a recurring basis as of August 29, 2020 and May 30, 2020 (in thousands):

August 29, 2020	Level 1		Level 2		Level 3		Balance
Assets
Municipal bonds	$	—	$	16,386	$	—	$	16,386
Commercial paper	—		7,737		—		7,737
Corporate bonds	—		122,741		—		122,741
Certificates of deposits	—		1,003		—		1,003
Asset backed securities	—		2,657		—		2,657
Mutual funds	3,248		—		—		3,248
Total assets measured at fair value	$	3,248	$	150,524	$	—	$	153,772

May 30, 2020	Level 1		Level 2		Level 3		Balance
Assets
Municipal bonds	$	—	$	16,179	$	—	$	16,179
Commercial paper	—		6,982		—		6,982
Corporate bonds	—		126,868		—		126,868
Certificates of deposits	—		1,492		—		1,492
Asset backed securities	—		2,642		—		2,642
Mutual funds	2,749		—		—		2,749
Total assets measured at fair value	$	2,749	$	154,163	$	—	$	156,912