INVESTMENTS	9 Months Ended
Mar. 01, 2014
INVESTMENTS	INVESTMENTS As of March 1, 2014, we had approximately $34.6 million invested in time deposits and certificates of deposit (“CD”). Of this, $33.3 million mature in less than twelve months and $1.3 million mature in greater than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD. As of June 1, 2013, we had approximately $44.0 million invested in time deposits and CD’s. Of this, $39.0 million mature in less than twelve months and $5.0 million mature in greater than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD. We also have investments in equity securities, all of which are classified as available-for-sale and are carried at their fair value based on quoted market prices. Our investments in equity securities, which are included in non-current assets, had a carrying amount of $0.5 million as of March 1, 2014, and $0.4 million as of June 1, 2013. Proceeds from the sale of securities were $0.2 million during the third quarter of fiscal 2014 and fiscal 2013. We reinvested proceeds from the sale of securities, and the cost of the equity securities sold was based on a specific identification method. Gross realized gains and losses on those sales were less than $0.1 million during the third quarter and year to date of fiscal 2014 and fiscal 2013. Net unrealized holding losses of less than $0.1 million during the third quarter and year to date of fiscal 2014 and fiscal 2013 have been included in accumulated other comprehensive income.

INVESTMENTS

9 Months Ended

Mar. 01, 2014

As of March 1, 2014, we had approximately $34.6 million invested in time deposits and certificates of deposit (“CD”). Of this, $33.3 million mature in less than twelve months and $1.3 million mature in greater than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD.

As of June 1, 2013, we had approximately $44.0 million invested in time deposits and CD’s. Of this, $39.0 million mature in less than twelve months and $5.0 million mature in greater than twelve months. The fair value of these investments is equal to the face value of each time deposit and CD.

We also have investments in equity securities, all of which are classified as available-for-sale and are carried at their fair value based on quoted market prices. Our investments in equity securities, which are included in non-current assets, had a carrying amount of $0.5 million as of March 1, 2014, and $0.4 million as of June 1, 2013. Proceeds from the sale of securities were $0.2 million during the third quarter of fiscal 2014 and fiscal 2013. We reinvested proceeds from the sale of securities, and the cost of the equity securities sold was based on a specific identification method. Gross realized gains and losses on those sales were less than $0.1 million during the third quarter and year to date of fiscal 2014 and fiscal 2013. Net unrealized holding losses of less than $0.1 million during the third quarter and year to date of fiscal 2014 and fiscal 2013 have been included in accumulated other comprehensive income.