INVESTMENTS	3 Months Ended
Aug. 30, 2014
INVESTMENTS	INVESTMENTS As of August 30, 2014, we had approximately $34.6 million invested in time deposits and certificates of deposit (“CD”). Of this, $26.4 million mature in less than twelve months and $8.2 million mature in more than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD. As of May 31, 2014, we had approximately $32.7 million invested in time deposits and CD’s. Of this, $31.7 million mature in less than twelve months and $1.0 million mature in more than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD. We also have investments in equity securities, all of which are classified as available-for-sale and are carried at their fair value based on quoted market prices. Our investments, which are included in non-current assets, had a carrying amount of $0.5 million as of August 30, 2014, and as of May 31, 2014. Proceeds from the sale of securities were less than $0.1 million million during the first quarter of fiscal 2015 and $0.1 million during the first quarter of fiscal 2014. We reinvested proceeds from the sale of securities, and the cost of the equity securities sold was based on a specific identification method. Gross realized gains and losses on those sales were less than $0.1 million during the first quarter of fiscal 2015 and fiscal 2014. Net unrealized holding gains of less than $0.1 million during the first quarter of fiscal 2015 and fiscal 2014, have been included in accumulated other comprehensive income.

INVESTMENTS

3 Months Ended

Aug. 30, 2014

As of August 30, 2014, we had approximately $34.6 million invested in time deposits and certificates of deposit (“CD”). Of this, $26.4 million mature in less than twelve months and $8.2 million mature in more than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD.

As of May 31, 2014, we had approximately $32.7 million invested in time deposits and CD’s. Of this, $31.7 million mature in less than twelve months and $1.0 million mature in more than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD.

We also have investments in equity securities, all of which are classified as available-for-sale and are carried at their fair value based on quoted market prices. Our investments, which are included in non-current assets, had a carrying amount of $0.5 million as of August 30, 2014, and as of May 31, 2014. Proceeds from the sale of securities were less than $0.1 million million during the first quarter of fiscal 2015 and $0.1 million during the first quarter of fiscal 2014. We reinvested proceeds from the sale of securities, and the cost of the equity securities sold was based on a specific identification method. Gross realized gains and losses on those sales were less than $0.1 million during the first quarter of fiscal 2015 and fiscal 2014. Net unrealized holding gains of less than $0.1 million during the first quarter of fiscal 2015 and fiscal 2014, have been included in accumulated other comprehensive income.