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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 29, 2020
Nov. 24, 2019
Nov. 29, 2020
Nov. 24, 2019
Income Statement [Abstract]        
Product sales $ 130,904 $ 142,593 $ 266,547 $ 281,307
Cost of product sales 110,267 127,079 229,564 250,457
Gross profit 20,637 15,514 36,983 30,850
Operating costs and expenses:        
Research and development 2,572 2,822 5,080 5,643
Selling, general and administrative 16,106 18,728 34,009 35,623
Legal settlement charge 1,763 0 1,763 0
Restructuring costs 1,662 0 10,066 0
Total operating costs and expenses 22,103 21,550 50,918 41,266
Operating loss (1,466) (6,036) (13,935) (10,416)
Dividend income 281 281 563 562
Interest income 10 25 18 50
Interest expense, net (3,039) (2,169) (6,148) (4,244)
Other (expense) income, net (11,787) (6) (11,808) (6)
Net loss before tax (16,001) (7,905) (31,310) (14,054)
Income tax benefit 2,700 1,165 7,009 2,530
Net loss $ (13,301) $ (6,740) $ (24,301) $ (11,524)
Net loss per common share:        
Net loss per common share - basic (in dollars per share) $ (0.45) $ (0.23) $ (0.83) $ (0.40)
Net loss per common share - diluted (in dollars per share) $ (0.45) $ (0.23) $ (0.83) $ (0.40)
Net loss per common share:        
Basic (in shares) 29,280 29,155 29,261 29,147
Diluted (in shares) 29,280 29,155 29,261 29,147
Other comprehensive income (loss), net of tax:        
Net unrealized gain (loss) on interest rate swaps (net of tax effect of $(121), $(39), $(228), and $226) $ 401 $ 127 $ 705 $ (485)
Other comprehensive income, net 401 127 705 (485)
Total comprehensive loss $ (12,900) $ (6,613) $ (23,596) $ (12,009)