XML 24 R15.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stock Based Compensation
3 Months Ended
Aug. 27, 2022
Stock Based Compensation [Abstract]  
Stock Based Compensation
Note 9 - Stock Based Compensation
Total stock-based
 
compensation expense was $
1.0
 
million for the thirteen weeks ended August 27, 2022 and August 28, 2021.
Unrecognized
 
compensation
 
expense
 
as a
 
result
 
of non
 
-vested
 
shares
 
of
 
restricted
 
stock outstanding
 
under
 
the
 
Amended
 
and
Restated 2012 Omnibus Long-Term
 
Incentive Plan at August 27, 2022 of $
5.9
 
million will be recorded over a weighted average
period
 
of
1.9
 
years.
 
Refer
 
to
 
Part
 
II
 
Item
 
8,
 
Notes
 
to
 
Consolidated
 
Financial
 
Statements
 
and
 
Supplementary
 
Data,
 
Note
 
16:
Stock Compensation Plans in our 2022 Annual Report for further information
 
on our stock compensation plans.
The Company’s restricted share activity
 
for the thirteen weeks ended August 27, 2022 follows:
Number of
Shares
Weighted
Average Grant
Date Fair Value
Outstanding, May 28, 2022
317,844
$
39.12
Vested
(3,240)
38.31
Forfeited
(2,778)
39.48
Outstanding, August 27, 2022
311,826
$
39.12