SHARE-BASED EMPLOYEE COMPENSATION (Tables)

9 Months Ended

Feb. 28, 2012

SHARE-BASED EMPLOYEE COMPENSATION [Abstract]

Summary of stock option activity

The following table summarizes the activity in options for the 39 weeks ended February 28, 2012 under these stock option plans (in thousands except per-share data):

				Weighted
				Average
	Options			Exercise Price
Balance at May 31, 2011		3,239		$	13.10
Granted		253			7.87
Exercised		(35	)		5.26
Forfeited		(71	)		28.70
Balance at February 28, 2012		3,386		$	12.46
Exercisable at February 28, 2012		2,309		$	14.31

Summary of restricted stock activity

The following table summarizes our restricted stock activity for the 39 weeks ended February 28, 2012 (in thousands except per-share data):

				Weighted Average
	Restricted			Grant-Date
Performance-based vesting:	Stock			Fair Value
Non-vested at May 31, 2011		299		$	7.24
Granted		384			7.87
Vested		(242	)		7.39
Forfeited		–			–
Non-vested at February 28, 2012		441		$	7.70
				Weighted Average
	Restricted			Grant-Date
Service-based vesting:	Stock			Fair Value
Non-vested at May 31, 2011		551		$	8.22
Granted		274			7.68
Vested		(122	)		8.02
Forfeited		(1	)		9.39
Non-vested at February 28, 2012		702		$	8.04