SHARE-BASED EMPLOYEE COMPENSATION (Tables)

3 Months Ended

Sep. 04, 2012

SHARE-BASED EMPLOYEE COMPENSATION [Abstract]

Summary of stock option activity

The following table summarizes the activity in options for the 13 weeks ended September 4, 2012 under these stock option plans (in thousands, except per-share data):

	Options			Weighted- Average Exercise Price
Balance at June 5, 2012		2,716		$	8.79
Granted		–			–
Exercised		(13	)		7.00
Forfeited		(70	)		8.99
Balance at September 4, 2012		2,633		$	8.80
Exercisable at September 4, 2012		2,200		$	8.79

Summary of restricted stock activity

Restricted Stock

The following table summarizes our restricted stock activity for the 13 weeks ended September 4, 2012 (in thousands, except per-share data):

				Weighted-Average
	Restricted			Grant-Date
Performance-based vesting:	Stock			Fair Value
Non-vested at June 5, 2012		423		$	7.75
Granted		242			6.64
Vested		(85	)		7.29
Forfeited		(314	)		7.87
Non-vested at September 4, 2012		266		$	6.74
				Weighted-Average
	Restricted			Grant-Date
Service-based vesting:	Stock			Fair Value
Non-vested at June 5, 2012		797		$	8.37
Granted		213			6.64
Vested		(171	)		6.65
Forfeited		–			–
Non-vested at September 4, 2012		839		$	8.22