SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 03, 2016

Accounting Policies [Abstract]

Property, Plant and Equipment

The following table summarizes the majority of our estimated useful lives of long-term depreciable assets:

	Useful life
Buildings and building improvements	20 - 30 years
Machinery and equipment	5 - 10 years
Transportation equipment	5 - 15 years

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following assumptions were used to determine the weighted average fair value of options granted during 2016 and 2015.

	2016			2015
Assumptions used in Black-Scholes pricing model:
Expected dividend yield		2.41	%		3.20	%
Risk-free interest rate		1.22	%		1.40	%
Weighted average expected life		5.5 years			5.6 years
Expected volatility		39	%		43.3	%