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Note 8 - Employee Post-employment Benefits (Details) - Change in Benefit Obligation and Plan Assets and Reconciliation of Funded Status - USD ($)
$ in Thousands
12 Months Ended
Jun. 02, 2015
Jun. 02, 2015
Jun. 03, 2014
Jun. 04, 2013
Change in benefit obligation:        
Beginning fair value of plan assets   $ 7,020    
Benefits paid $ (65)      
Fair value of plan assets at end of year 6,786 6,786 $ 7,020  
Pension Benefits [Member]        
Change in benefit obligation:        
Beginning projected benefit obligation   42,774 40,308  
Service cost   301 356 $ 460
Interest cost   1,773 1,737 2,100
Beginning fair value of plan assets   7,020 6,506  
Actual return on plan assets   336 800  
Employer contributions   2,055 2,077  
Actuarial loss/(gain)   1,620 2,736  
Benefits paid   (2,625) (2,363)  
Fair value of plan assets at end of year 6,786 6,786 7,020 6,506
Benefit obligation at end of year 43,843 43,843 42,774 40,308
Funded status at end of year [1] (37,057) (37,057) (35,754)  
Amounts recognized in the Consolidated Balance Sheets:        
Accrued liabilities – payroll and related costs (3,185) (3,185) (3,277)  
Other deferred liabilities (33,872) (33,872) (32,477)  
Net amount recognized at year-end (37,057) (37,057) (35,754)  
Amounts recognized in accumulated other comprehensive loss:        
Prior service cost (1) (1) (2)  
Net actuarial loss (17,148) (17,148) (17,084)  
Total amount recognized (17,149) (17,149) (17,086)  
Postretirement Medical and Life Benefits [Member]        
Change in benefit obligation:        
Beginning projected benefit obligation   1,376 1,896  
Service cost   4 13 11
Interest cost   46 67 60
Employer contributions   133 86  
Plan participant contributions   78 91  
Actuarial loss/(gain)   111 (514)  
Benefits paid   (211) (177)  
Benefit obligation at end of year 1,404 1,404 1,376 $ 1,896
Funded status at end of year (1,404) (1,404) (1,376)  
Amounts recognized in the Consolidated Balance Sheets:        
Accrued liabilities – payroll and related costs (137) (137) (128)  
Other deferred liabilities (1,267) (1,267) (1,248)  
Net amount recognized at year-end (1,404) (1,404) (1,376)  
Amounts recognized in accumulated other comprehensive loss:        
Net actuarial loss (994) (994) (1,017)  
Total amount recognized $ (994) $ (994) $ (1,017)  
[1] The funded status reflected above includes the liabilities attributable to all of the Pension Plans but only the assets of the Retirement Plan as the other plans are not considered funded for Employee Retirement Income Security Act purposes. To provide a source for the payment of benefits under the Executive Supplemental Pension Plan and the Management Retirement Plan, we own whole-life insurance contracts on some of the participants. The cash value of these policies, which are included within the Other Assets caption in our Consolidated Balance Sheets, was $29.5 million and $29.7 million at June 2, 2015 and June 3, 2014, respectively. In addition, we held in trust a negligible amount and $0.2 million of cash and cash equivalents as of June 2, 2015 and June 3, 2014, respectively, relating to these policies. We maintain a rabbi trust to hold the policies and death benefits as they are received.