(LOSS)/EARNINGS PER SHARE AND STOCK REPURCHASES (Tables)

6 Months Ended

Nov. 29, 2011

(LOSS)/EARNINGS PER SHARE AND STOCK REPURCHASES [Abstract]

The following table shows the calculation of weighted-average common and dilutive potential common shares outstanding as presented in the accompanying Condensed Consolidated Statements of Operations (in thousands):

	Thirteen weeks ended					Twenty-six weeks ended
	November 29, 2011			November 30, 2010		November 29, 2011		November 30, 2010
Net (loss)/income	$	(2,001	)	$	4,565	$	1,092	$	16,962

Weighted-average common
shares outstanding		62,598			64,011		63,177		63,846
Dilutive effect of stock
options and restricted stock		–			887		552		809
Weighted average common
and dilutive potential
common shares outstanding		62,598			64,898		63,729		64,655
Basic (loss)/earnings per share	$	(0.03	)	$	0.07	$	0.02	$	0.27
Diluted (loss)/earnings per share	$	(0.03	)	$	0.07	$	0.02	$	0.26

Anti-dilutive stock options and restricted shares

The following table summarizes stock options and restricted shares that did not impact the computation of diluted earnings per share because their inclusion would have had an anti-dilutive effect (in thousands):

	Thirteen weeks ended					Twenty-six weeks ended
	November 29, 2011			November 30, 2010		November 29, 2011		November 30, 2010
Stock options		3,404	*		3,284		2,074		3,052
Restricted shares		1,143	*		443		899		465
Total		4,547			3,727		2,973		3,517