XML 67 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
RESTATEMENT (Tables)
12 Months Ended
Jun. 01, 2013
Restatement Effect on Retained Earning and Net Income

During fiscal 2012, the effect on retained earnings and net income were as follows (in thousands):

 

     Year Ended June 2, 2012  
     Effect on
Retained
Earnings
    Effect on
Net
Income
 

Recording of prior year’s income tax expense

   $ (2,126   $ —     

Income tax effect on the above

     —          —     
  

 

 

   

 

 

 

Net SAB 108 Effect

   $ (2,126   $ —     
  

 

 

   

 

 

 
Effect of Understatement of Income Tax Expense on Consolidated Statement of Comprehensive Income

The understatement of income tax expense for our fiscal year ended May 28, 2011, affected our consolidated statement of comprehensive income as follows (in thousands, except per share data):

 

     As Reported      Restated  

Income from discontinued operations, net of tax

   $ 88,092       $ 85,966   

Net Income

     90,074         87,948   

Income from discontinued operations per diluted share

     4.84         4.72   

Net Income per diluted share

     4.95         4.83