v3.26.3
Stock Based Compensation
3 Months Ended
Aug. 29, 2026
Stock Based Compensation [Abstract]  
Stock Based Compensation
Note 8 -
Stock Based Compensation
Restricted
Stock
Total
stock-based
compensation
expense
related
to
the
restricted
stock
was
$
1.3
million for
both
the
thirteen
weeks ended
August 29,
2026
and
August 30, 2025
,
respectively.
Unrecognized
compensation
expense
as
a result of
non-vested
shares of
equity-based
awards
outstanding
under the
Amended
and
Restated
2012
Omnibus
Long-Term
Incentive
Plan
at
August 29,
2026
of
$
7.8
million will be recorded
over
a
weighted
average
period of
1.9
years. Refer
to Part II
Item 8, Notes
to Consolidated
Financial
Statements
and Supplementary
Data,
Note
13 – Stock
-Based
Compensation
in our 2026
Annual
Report
for further
information
on our stock
compensation
plans.
The Company’s
equity-based
award
activity
for the
thirteen weeks ended
August 29, 2026
was as
follows:
Number
of
Shares
Weighted
Average
Grant
Date Fair
Value
Outstanding,
May
30, 2026
209,002
$
75.42
Granted
3,299
79.31
Vested
(3,370)
74.87
Forfeited
(1,190)
81.85
Outstanding,
August 29,
2026
207,741
$
75.45
Performance-Based
Long-Term
Incentive
Awards
Total compensation
expense as a result
of the performance-based
program was $
237
thousand
and $
78
thousand
for the thirteen
weeks ended
August 29, 2026
and
August 30, 2025,
respectively.
Our unrecognized
compensation
expense as a result
of non-vested
shares in the
performance-based
program
was $
2.2
million at
August 29,
2026
.
The
unrecognized
compensation
expense
will
be
amortized
to stock
compensation
expense
over a
period of
2.5
years. Refer
to Part II
Item 8, Notes
to Consolidated
Financial
Statements
and Supplementary
Data,
Note 13
– Stock-Based
Compensation
in our 2026
Annual
Report
for further
information
on our performance
-based
program.
A summary
of our
activity
and
related
information
for our performance-based
awards
is as follows:
Number
of
Shares
Weighted
Average
Grant
Date Fair
Value
Outstanding,
May
30, 2026
9,260
$
101.95
Granted
21,183
80.08
Outstanding,
August 29,
2026
30,443
$
86.73