Income Taxes

6 Months Ended

Nov. 24, 2019

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The effective income tax rate for continuing operations for the quarter ended November 24, 2019 was a 509.7 percent benefit compared to an effective income tax rate expense of 14.3 percent for the quarter ended November 25, 2018. The effective income tax rate for continuing operations for the six months ended November 24, 2019 was a 7.1 percent benefit compared to an effective income tax rate expense of 8.5 percent for the six months ended November 25, 2018. The effective income tax rate change for the quarter and six months ended November 24, 2019 was primarily due to lower earnings before income taxes for fiscal 2020 driven primarily by a pension settlement charge recorded during the quarter ended November 24, 2019.

Included in our remaining balance of unrecognized tax benefits is $11.0 million related to tax positions for which it is reasonably possible that the total amounts could change within the next twelve months based on the outcome of examinations or as a result of the expiration of the statute of limitations for specific jurisdictions.