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Earnings Per Share ("EPS") (Tables)
12 Months Ended
May 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The EPS presented in our Consolidated Statements of Comprehensive Income are based on the following (in thousands, except per share amounts):

 

 

 

For the Fiscal Year Ended

 

 

 

May 30, 2026

 

 

May 31, 2025

 

 

June 1, 2024

 

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

Numerator for Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

6,383

 

 

$

6,383

 

 

$

(1,143

)

 

$

(1,143

)

 

$

61

 

 

$

61

 

Less dividends:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

 

2,997

 

 

 

2,997

 

 

 

2,964

 

 

 

2,964

 

 

 

2,933

 

 

 

2,933

 

Class B common stock

 

 

442

 

 

 

442

 

 

 

443

 

 

 

443

 

 

 

443

 

 

 

443

 

Undistributed earnings (loss)

 

$

2,944

 

 

$

2,944

 

 

$

(4,550

)

 

$

(4,550

)

 

$

(3,315

)

 

$

(3,315

)

Common stock undistributed earnings (loss)

 

$

2,566

 

 

$

2,572

 

 

$

(3,957

)

 

$

(3,957

)

 

$

(2,880

)

 

$

(2,887

)

Class B common stock undistributed earnings (loss)

 

 

378

 

 

 

372

 

 

 

(593

)

 

 

(593

)

 

 

(435

)

 

 

(428

)

Total undistributed earnings (loss)

 

$

2,944

 

 

$

2,944

 

 

$

(4,550

)

 

$

(4,550

)

 

$

(3,315

)

 

$

(3,315

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock weighted average shares

 

 

12,492

 

 

 

12,492

 

 

 

12,298

 

 

 

12,298

 

 

 

12,214

 

 

 

12,214

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive stock options and awards

 

 

 

 

 

198

 

 

 

 

 

 

 

 

 

 

 

 

250

 

Denominator for diluted EPS adjusted for
   weighted average shares and assumed
   conversions

 

 

 

 

 

12,690

 

 

 

 

 

 

12,298

 

 

 

 

 

 

12,464

 

Class B common stock weighted average
    shares, and shares under if-converted
    method for diluted EPS

 

 

2,042

 

 

 

2,042

 

 

 

2,049

 

 

 

2,049

 

 

 

2,051

 

 

 

2,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

$

0.45

 

 

$

0.44

 

 

$

(0.08

)

 

$

(0.08

)

 

$

0.00

 

 

$

0.00

 

Class B common stock

 

$

0.40

 

 

$

0.40

 

 

$

(0.07

)

 

$

(0.07

)

 

$

0.00

 

 

$

0.00

 

Note: There were no common stock options that were anti-dilutive for fiscal 2026. There were 232 common stock options and awards that were anti-dilutive and not included in the diluted earnings per share for fiscal 2025. There were no common stock options that were anti-dilutive for fiscal 2024.