Employee Benefit Plans (Tables)

12 Months Ended

May 30, 2013

Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]

Defined-Benefit And Account-Based Retirement Plan

The status of the Company’s unfunded nonqualified, defined-benefit and account-based retirement plan based on the respective May 30, 2013 and May 31, 2012 measurement dates is as follows:

	May 30, 2013		May 31, 2012
	(in thousands)
Change in benefit obligation:
Net benefit obligation at beginning of year	$	25,595	$	22,010
Service cost		712		627
Interest cost		1,099		1,178
Actuarial (gain)/loss		(119)		2,674
Benefits paid		(848)		(894)
Net benefit obligation at end of year	$	26,439	$	25,595
Amounts recognized in the statement of financial position consist of:
Current accrued benefit liability	$	(962)	$	(906)
Noncurrent accrued benefit liability		(25,477)		(24,689)
Total		(26,439)		(25,595)
Amounts recognized in accumulated other comprehensive loss consist of:
Net actuarial loss		7,273	$	7,756
Prior service credit		(912)		(990)
Total	$	6,361	$	6,766

Net Periodic Pension Cost

	Year Ended
	May 30, 2013		May 31, 2012		May 26, 2011
	(in thousands)
Net periodic pension cost:
Service cost	$	712	$	627	$	598
Interest cost		1,099		1,178		1,195
Net amortization of prior service cost, transition obligation and actuarial loss		286		121		108
	$	2,097	$	1,926	$	1,901

Benefit Payments Expected

Benefit payments expected to be paid subsequent to May 30, 2013, are:

Fiscal Year	(in thousands)
2014	$	962
2015		1,145
2016		1,153
2017		1,183
2018		1,243
Years 2019 – 2023		6,783