Resources Connection (RGP) 10-Q4 Apr 242024 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Feb. 24, 2024	Mar. 28, 2024
Document and Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Feb. 24, 2024
Document Transition Report	false
Entity File Number	0-32113
Entity Registrant Name	RESOURCES CONNECTION, INC.
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	33-0832424
Entity Address Address Line 1	17101 Armstrong Avenue
Entity Address City Or Town	Irvine
Entity Address State Or Province	CA
Entity Address Postal Zip Code	92614
City Area Code	714
Local Phone Number	430-6400
Security 12b Title	Common stock, par value $0.01 per share
Trading Symbol	RGP
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		33,807,459
Current Fiscal Year End Date	--05-25
Amendment Flag	false
Entity Central Index Key	0001084765
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 24, 2024	May 27, 2023
Current assets:
Cash and cash equivalents	$ 113,836	$ 116,784
Trade accounts receivable, net of allowances of $2,976 and $3,283 as of February 24, 2024 and May 27, 2023, respectively	112,111	137,356
Prepaid expenses and other current assets	8,405	5,187
Assets held for sale	8,909
Income taxes receivable	8,080	4,739
Total current assets	251,341	264,066
Goodwill	216,955	206,722
Intangible assets, net	10,902	11,521
Property and equipment, net	4,346	15,380
Operating lease right-of-use assets	13,140	15,856
Deferred tax assets	11,030	10,701
Other non-current assets	15,450	7,753
Total assets	523,164	531,999
Current liabilities:
Accounts payable and other accrued expenses	17,367	14,464
Accrued salaries and related obligations	48,529	64,776
Operating lease liabilities, current	5,538	7,460
Contingent consideration liabilities	1,774
Other current liabilities	10,939	10,384
Total current liabilities	84,147	97,084
Long-term debt
Operating lease liabilities, non-current	9,260	10,274
Deferred tax liabilities	9,567	7,136
Other non-current liabilities	5,330	2,985
Total liabilities	108,304	117,479
Commitments and contingencies (see Note 8 and 13)
Stockholders' equity:
Preferred stock, $0.01 par value, 5,000 shares authorized; zero shares issued and outstanding
Common stock, $0.01 par value, 70,000 shares authorized; 36,194 and 35,545 shares issued, and 33,807 and 33,475 shares outstanding as of February 24, 2024 and May 27, 2023, respectively	363	355
Additional paid-in capital	387,933	378,657
Accumulated other comprehensive loss	(17,211)	(17,290)
Retained earnings	82,977	87,648
Treasury stock at cost, 2,386 and 2,070 shares as of February 24, 2024 and May 27, 2023, respectively	(39,202)	(34,850)
Total stockholders' equity	414,860	414,520
Total liabilities and stockholders' equity	$ 523,164	$ 531,999

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Feb. 24, 2024	May 27, 2023
Consolidated Balance Sheets [Abstract]
Trade accounts receivable, allowance for doubtful accounts	$ 2,976	$ 3,283
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	36,194,000	35,545,000
Common stock, shares outstanding	33,808,000	33,475,000
Treasury stock at cost, shares	2,386,000	2,070,000

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Consolidated Statements Of Operations [Abstract]
Revenue	$ 151,307	$ 186,777	$ 484,603	$ 591,194
Direct cost of services	95,299	115,170	298,118	353,770
Gross profit	56,008	71,607	186,485	237,424
Selling, general and administrative expenses	49,589	59,371	162,514	172,335
Goodwill impairment		2,955		2,955
Amortization expense	1,413	1,275	4,048	3,743
Depreciation expense	745	885	2,432	2,652
Income from operations	4,261	7,121	17,491	55,739
Interest (income) expense, net	(225)	147	(830)	662
Other (income)	(1)	(43)	(6)	(381)
Income before income tax expense (benefit)	4,487	7,017	18,327	55,458
Income tax expense (benefit)	1,937	(2)	7,765	12,867
Net income	$ 2,550	$ 7,019	$ 10,562	$ 42,591
Net income per common share:
Basic (per share)	$ 0.08	$ 0.21	$ 0.32	$ 1.27
Diluted (per share)	$ 0.08	$ 0.21	$ 0.31	$ 1.24
Weighted-average number of common and common equivalent shares outstanding:
Basic (shares)	33,463	33,466	33,428	33,418
Diluted (shares)	33,759	34,149	33,906	34,245
Cash dividends declared per common share	$ 0.14	$ 0.14	$ 0.42	$ 0.42

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
COMPREHENSIVE INCOME:
Net income	$ 2,550	$ 7,019	$ 10,562	$ 42,591
Foreign currency translation adjustment (loss) gain, net of tax	(678)	1,124	79	(2,151)
Total comprehensive income	$ 1,872	$ 8,143	$ 10,641	$ 40,440

Consolidated Statements Of Stoc

Consolidated Statements Of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Total
Balances at May. 28, 2022	$ 344	$ 355,502	$ (19,651)	$ (16,484)	$ 52,738	$ 372,449
Balances (in shares) at May. 28, 2022	34,352		1,155
Exercise of stock options	$ 4	7,382				7,386
Exercise of stock options (in shares)	477
Stock-based compensation expense		6,970				6,970
Issuance of common stock purchased under Employee Stock Purchase Plan	$ 4	5,995				5,999
Issuance of common stock purchased under Employee Stock Purchase Plan (in shares)	393
Issuance of common stock upon vesting of restricted stock units, net of shares withheld to cover taxes	$ 1	(1,762)			(5)	(1,766)
Issuance of common stock upon vesting of restricted stock units, net of shares withheld to cover taxes (in shares)	79
Issuance of restricted stock	$ 1	(1)
Issuance of restricted stock (in shares)	97
Cash dividends declared					(14,136)	(14,136)
Dividend equivalents on equity awards		477			(477)
Repurchase of common stock			$ (10,507)			(10,507)
Repurchase of common stock (in shares)			618
Currency translation adjustment				(2,151)		(2,151)
Net income					42,591	42,591
Balances at Feb. 25, 2023	$ 354	374,563	$ (30,158)	(18,635)	80,711	406,835
Balances (in shares) at Feb. 25, 2023	35,398		1,773
Balances at Nov. 26, 2022	$ 351	367,948	$ (25,002)	(19,759)	78,608	402,146
Balances (in shares) at Nov. 26, 2022	35,108		1,473
Exercise of stock options	$ 1	652				653
Exercise of stock options (in shares)	58
Stock-based compensation expense		2,610				2,610
Issuance of common stock purchased under Employee Stock Purchase Plan	$ 2	3,154				3,156
Issuance of common stock purchased under Employee Stock Purchase Plan (in shares)	210
Issuance of restricted stock (in shares)	22
Cash dividends declared					(4,707)	(4,707)
Dividend equivalents on equity awards		199			(209)	(10)
Repurchase of common stock			$ (5,156)			(5,156)
Repurchase of common stock (in shares)			300
Currency translation adjustment				1,124		1,124
Net income					7,019	7,019
Balances at Feb. 25, 2023	$ 354	374,563	$ (30,158)	(18,635)	80,711	406,835
Balances (in shares) at Feb. 25, 2023	35,398		1,773
Balances at May. 27, 2023	$ 355	378,657	$ (34,850)	(17,290)	87,648	$ 414,520
Balances (in shares) at May. 27, 2023	35,545		2,070			33,475
Exercise of stock options	$ 1	451				$ 452
Exercise of stock options (in shares)	32					32
Stock-based compensation expense		4,075				$ 4,075
Issuance of common stock purchased under Employee Stock Purchase Plan	$ 5	5,646				5,651
Issuance of common stock purchased under Employee Stock Purchase Plan (in shares)	456
Issuance of common stock upon vesting of restricted stock units, net of shares withheld to cover taxes	$ 1	(1,336)				(1,335)
Issuance of common stock upon vesting of restricted stock units, net of shares withheld to cover taxes (in shares)	86
Issuance of restricted stock	$ 1	(1)	$ 648		(648)
Issuance of restricted stock (in shares)	75		(38)
Cash dividends declared					(14,144)	(14,144)
Dividend equivalents on equity awards		441			(441)
Repurchase of common stock			$ (5,000)			(5,000)
Repurchase of common stock (in shares)			354
Currency translation adjustment				79		79
Net income					10,562	10,562
Balances at Feb. 24, 2024	$ 363	387,933	$ (39,202)	(17,211)	82,977	$ 414,860
Balances (in shares) at Feb. 24, 2024	36,194		2,386			33,808
Balances at Nov. 25, 2023	$ 360	383,662	$ (39,811)	(16,533)	85,926	$ 413,604
Balances (in shares) at Nov. 25, 2023	35,929		2,422
Exercise of stock options		68				68
Exercise of stock options (in shares)	6
Stock-based compensation expense		1,177				1,177
Issuance of common stock purchased under Employee Stock Purchase Plan	$ 3	2,874				2,877
Issuance of common stock purchased under Employee Stock Purchase Plan (in shares)	258
Issuance of common stock upon vesting of restricted stock units, net of shares withheld to cover taxes		(6)				(6)
Issuance of common stock upon vesting of restricted stock units, net of shares withheld to cover taxes (in shares)	1
Issuance of restricted stock			$ 609		(609)
Issuance of restricted stock (in shares)			(36)
Cash dividends declared					(4,732)	(4,732)
Dividend equivalents on equity awards		158			(158)
Currency translation adjustment				(678)		(678)
Net income					2,550	2,550
Balances at Feb. 24, 2024	$ 363	$ 387,933	$ (39,202)	$ (17,211)	$ 82,977	$ 414,860
Balances (in shares) at Feb. 24, 2024	36,194		2,386			33,808

Consolidated Statements Of St_2

Consolidated Statements Of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Consolidated Statements Of Stockholders' Equity [Abstract]
Cash dividends declared per common share	$ 0.14	$ 0.14	$ 0.42	$ 0.42

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023
Cash flows from operating activities:
Net income	$ 10,562	$ 42,591
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	6,480	6,395
Stock-based compensation expense	4,249	7,375
(Gain) on disposition of taskforce		(238)
Goodwill impairment		2,955
Adjustment to allowance for doubtful accounts	128	1,026
Deferred income taxes	1,282	(7,927)
Other, net	807	(291)
Changes in operating assets and liabilities, net of acquisitions and dispositions:
Trade accounts receivable	26,104	7,386
Prepaid expenses and other current assets	(2,298)	(914)
Income taxes	(3,577)	26,862
Other assets	(8,147)	(1,445)
Accounts payable and other accrued expenses	2,468	3,757
Accrued salaries and related obligations	(18,006)	(19,397)
Other liabilities	(1,298)	(4,257)
Net cash provided by operating activities	18,754	63,878
Cash flows from investing activities:
Proceeds from sale of taskforce		2,984
Proceeds from sale of assets		5
Acquisition of CloudGo, net of cash acquired	(7,411)
Investments in property and equipment and internal-use software	(1,021)	(1,441)
Net cash (used in) provided by investing activities	(8,432)	1,548
Cash flows from financing activities:
Proceeds from exercise of stock options	465	8,257
Proceeds from issuance of common stock under Employee Stock Purchase Plan	5,651	5,999
Proceeds from Revolving Credit Facility		15,000
Repayments on Revolving Credit Facility		(69,000)
Repurchase of common stock	(5,000)	(10,507)
Payment of cash dividends	(14,093)	(14,076)
Net cash used in financing activities	(12,977)	(64,327)
Effect of exchange rate changes on cash and cash equivalents	(293)	(1,418)
Net decrease in cash and cash equivalents	(2,948)	(319)
Cash and cash equivalents at beginning of period	116,784	104,224
Cash and cash equivalents at end of period	113,836	103,905
Supplemental cash flow disclosures
Income taxes paid, net	9,834	(6,354)
Interest paid	264	875
Non-cash investing and financing activities
Increase in long-term receivable in connection with the sale of taskforce		2,984
Acquisition of CloudGo: Liability for contingent consideration	4,500
Dividends declared, not paid	$ 4,732	$ 4,707

Description Of The Company And

Description Of The Company And Its Business	9 Months Ended
Description Of The Company And Its Business	Feb. 24, 2024
Description Of The Company And Its Business [Abstract]
Description Of The Company And Its Business	1. Description of the Company and its Business Resources Connection, Inc. (the “Company”), a Delaware corporation, was incorporated on November 16, 1998. The Company’s operating entities provide services primarily under the name Resources Global Professionals (“RGP”). RGP is a global consulting firm focused on project execution services that power clients’ operational needs and change initiatives utilizing on-demand, expert and diverse talent. As a next-generation human capital partner for its clients, the Company specializes in co-delivery of enterprise initiatives typically precipitated by business transformation, strategic transactions or regulatory change. The Company’s principal markets of operations are North America, Europe and Asia Pacific. The Company’s fiscal year consists of 52 or 53 weeks, ending on the Saturday in May closest to May 31 . The third quarters of fiscal 2024 and 2023 each consisted of 13 weeks. The Company’s fiscal 2024 will consist of 52 weeks.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	9 Months Ended
Summary Of Significant Accounting Policies	Feb. 24, 2024
Summary Of Significant Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited financial statements of the Company as of and for the three and nine months ended February 24, 2024 and February 25, 2023 have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. These financial statements include all adjustments (consisting only of normal recurring adjustments) the Company’s management considers necessary for a fair presentation of its financial position at such dates and the operating results and cash flows for those periods. The financial statements include the accounts of the Company and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although management believes these estimates and assumptions are adequate, actual results could differ from the estimates and assumptions used. The fiscal 2023 year-end balance sheet data was derived from audited consolidated financial statements, and certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to Securities and Exchange Commission (“SEC”) rules or regulations; however, the Company believes the disclosures made are adequate to make the information presented not misleading. The unaudited consolidated results of operations for the interim periods presented are not necessarily indicative of the results of operations to be expected for the full fiscal year. These interim financial statements should be read in conjunction with the audited consolidated financial statements for the year ended May 27, 2023, which are included in the Company’s Annual Report on Form 10-K (“Fiscal Year 2023 Form 10-K”) filed with the SEC on July 25, 2023 (File No. 0-32113). A complete listing of the Company’s significant accounting policies is discussed in Note 2 – Summary of Significant Accounting Policies in the Notes to Consolidated Financial Statements included in the Fiscal Year 2023 Form 10-K. Reporting Segments Effective May 31, 2022, the Company’s operating segments consist of the following:  RGP – a global consulting firm focused on project execution services that power clients’ operational needs and change initiatives utilizing on-demand, experienced and diverse talent; and  Sitrick – a crisis communications and public relations firm which operates under the Sitrick brand, providing corporate, financial, transactional and crisis communication and management services. Each of these segments reports through a separate management team to the Company’s Chief Executive Officer, who is designated as the Chief Operating Decision Maker (“CODM”) for segment reporting purposes. RGP is the Company’s only reportable segment. Sitrick does not individually meet the quantitative threshold to qualify as a reportable segment. Therefore, Sitrick is disclosed in Other Segments. Each of these segments represents a reporting unit for the purposes of assessing goodwill for impairment. On November 15, 2023, the Company acquired CloudGo Pte Ltd. and its subsidiaries (collectively, “CloudGo”) . CloudGo is reported as part of the RGP operating segment. See Note 4 – Acquisitions and Dispositions in the Notes to Consolidated Financial Statements for further information. On May 31, 2022, the Company divested taskforce – Management on Demand GmbH, and its wholly owned subsidiary skillforce – Executive Search GmbH, a German professional services firm operating under the taskforce brand (“ taskforce”) ; see Note 4 – Acquisitions and Dispositions for further information. Prior to the divestiture, the business operated by taskforce , along with its parent company, Resources Global Professionals (Germany) GmbH (“RGP Germany”), an affiliate of the Company, represented an operating segment of the Company and was reported as a part of Other Segments. Prior-period comparative segment information was not restated as a result of the divestiture of taskforce as the Company did not have a change in internal organization or the financial information that the CODM uses to assess performance and allocate resources. See Note 14 – Segment Information and Enterprise Reporting for further information. Per Share Information The Company presents both basic and diluted earnings per share (“EPS”). Basic EPS is calculated by dividing net income by the weighted-average number of common shares outstanding during the period. Performance stock units are excluded from the basic EPS calculation, since the number of shares subject to the award that will vest will not be determined until after the end of the applicable performance period. Diluted EPS is based upon the weighted-average number of common shares and common equivalent shares outstanding during the period, calculated using the treasury stock method. Common equivalent shares are excluded from the computation in periods in which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price over the period are anti-dilutive and are excluded from the calculation. The following table summarizes the calculation of net income per common share for the three and nine months ended February 24, 2024 and February 25, 2023 (in thousands, except per share amounts): Three Months Ended Nine Months Ended February 24, February 25, February 24, February 25, 2024 2023 2024 2023 Net income $ 2,550 $ 7,019 $ 10,562 $ 42,591 Weighted-average shares outstanding: Basic weighted-average shares 33,463 33,466 33,428 33,418 Effect of dilutive shares: Weighted-average shares - Basic 33,463 33,466 33,428 33,418 Potentially dilutive stock options 43 345 76 416 Potentially dilutive employee stock purchase plan 20 36 7 4 Potentially dilutive restricted stock awards 16 34 56 64 Potentially dilutive restricted stock units 52 128 183 236 Potentially dilutive performance stock units 165 140 156 107 Diluted weighted-average shares outstanding 33,759 34,149 33,906 34,245 Net income per common share: Basic $ 0.08 $ 0.21 $ 0.32 $ 1.27 Diluted $ 0.08 $ 0.21 $ 0.31 $ 1.24 Anti-dilutive shares not included above 2,360 694 1,929 650 Financial Instruments The fair value of the Company’s financial instruments reflects the amounts that the Company estimates it will receive in connection with the sale of an asset in an orderly transaction between market participants at the measurement date (exit price). The fair value hierarchy prioritizes the use of inputs used in valuation techniques into the following three levels: Level 1 – Quoted prices in active markets for identical assets and liabilities. Level 2 – Observable inputs other than quoted prices in active markets for identical assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets. Level 3 – Unobservable inputs. Contingent consideration liability is for estimated future contingent consideration payments related to the Company’s acquisitions. Total contingent consideration liabilities related to the acquisition of CloudGo were preliminarily valued at $ 4.5 million as of November 25, 2023 and remained the same as of February 24, 2024. The fair value measurement of the liability was based on significant inputs not observed in the market and thus represents a Level 3 measurement. The significant unobservable inputs used in the fair value measurement of the contingent consideration liability were the Company’s measures of the estimated payouts based on internally generated financial projections and discount rates. The fair value of contingent consideration liability will be remeasured on a quarterly basis until settlement by the Company using additional information as it becomes available, and any change in the fair value estimates will be recorded in selling, general and administrative expenses in the Company’s Consolidated Statements of Operations. Future revisions to these assumptions could materially change the estimate of the fair value of contingent consideration and therefore could materially affect the Company’s future operating results. The Company’s remaining financial instruments, including cash and cash equivalents, trade accounts receivable, accounts payable and other accrued expenses and long-term debt are carried at cost, which approximates their fair value because of the short - term maturity of these instruments or because their stated interest rates are indicative of market interest rates. Capitalized Hosting Arrangements The capitalized hosting arrangements costs are primarily related to the implementation of a cloud-based enterprise resource planning system and talent acquisition and management systems. Such costs include third party implementation costs and costs associated with internal resources directly involved in the implementation. Capitalized hosting arrangements are stated at historical cost and amortized on a straight-line basis over the estimated useful life of the expected term of the hosting arrangement, taking into consideration several other factors such as, but not limited to, options to extend the hosting arrangement or options to terminate the hosting arrangement. The amortization of capitalized implementation costs for hosting arrangements will commence when the systems are ready for their intended use and will be presented as operating expenses in the Consolidated Statements of Operations consistent with the presentation for expensing the fees for the associated hosting arrangement. As of February 24, 2024 and May 27, 2023, the capitalized costs related to hosting arrangements incurred during the application development stage were $ 14.1 million and $ 6.0 million, respectively. These capitalized hosting arrangements are included in other non-current assets on the Consolidated Balance Sheets. During both the three and nine months ended February 24, 2024, there was less than $ 0.1 million of amortization. No costs were amortized during the three and nine months ended February 25, 2023. Share Repurchases The Company’s stock repurchase program authorizes the Company to repurchase shares at the discretion of the Company’s senior executives based on numerous factors, including, without limitation, share price and other market conditions, the Company’s ongoing capital allocation planning, the levels of cash and debt balances, and other demands for cash. The Company records the shares repurchased as treasury stock based on the amount paid to repurchase its shares. Direct costs incurred to acquire treasury stock are treated like stock issue costs and added to the cost of the treasury stock. See Note 10 — Stockholders’ Equity for further information on the repurchased shares. Recent Accounting Pronouncements On December 14, 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The guidance is intended to expand the disclosure requirements for income taxes, specifically related to the rate reconciliation and income taxes paid. The guidance is effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Company is evaluating the potential impact of this guidance on its financial statement disclosures. On November 27, 2023, FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The guidance is intended to improve reportable segment disclosure requirements for public entities primarily through enhanced disclosures about significant segment expenses that are regularly provided to the CODM and included within each reported measure of segment profit. This guidance is effective for annual periods beginning after December 15, 2023, and for interim periods beginning after December 15, 2024. The Company is evaluating the potential impact of this guidance on its financial statement disclosures. On October 9, 2023, FASB issued ASU 2023-06, Disclosure Improvements, which closes out a long-running project to incorporate certain SEC disclosure requirements into authoritative accounting guidance. The effective date for the ASU is immediately after the new Accounting Standards Codification (“ASC”) 260, Earnings Per Share is updated. The Company adopted the guidance effective with the quarter ending November 25, 2023 and prior periods to the date of adoption are presented in accordance with ASC 260 – Earnings Per Share. Other recent accounting pronouncements or changes in accounting pronouncements issued by the FASB, the American Institute of Certified Public Accountants and the SEC did not, or are not expected to, have a material significance , or have potential material significance, to the Company’s financial statements.

Revenue Recognition

Revenue Recognition	9 Months Ended
Revenue Recognition	Feb. 24, 2024
Revenue Recognition [Abstract]
Revenue Recognition	3. Revenue Recognition The timing of revenue recognition, billings and cash collections affects the recognition of trade accounts receivable, contract assets and contract liabilities. Contract assets represent the Company’s rights to consideration for completed performance under the contract (i.e., unbilled receivables), in which the Company has transferred control of the product or services before there is an unconditional right to payment. Contract assets were $ 27.9 million and $ 35.4 million as of February 24, 2024 and May 27, 2023, respectively, which were included in trade accounts receivable in the Consolidated Balance Sheets. Contract liabilities represent deferred revenue when cash is received in advance of performance of services and are presented in other current liabilities in the Consolidated Balance Sheets. Contract liabilities were $ 3.3 million and $ 3.1 million as of February 24, 2024 and May 27, 2023, respectively. Revenue recognized during the three and nine months ended February 24, 2024 that was included in deferred revenue as of May 27, 2023 were $ 0.4 million and $ 2.5 million, respectively.

Acquisitions And Dispositions

Acquisitions And Dispositions	9 Months Ended
Acquisitions And Dispositions	Feb. 24, 2024
Acquisitions And Dispositions [Abstract]
Acquisitions And Dispositions	4. Acquisitions and Dispositions Acquisition of CloudGo On November 15, 2023, the Company acquired 100 % of the equity interests in CloudGo pursuant to the terms of a Share Purchase Agreement entered into by and between the Company, CloudGo, and the shareholders of CloudGo (the “CloudGo SPA”) . Headquartered in Singapore, CloudGo is a digital transformation firm primarily focused on technology implementation through the ServiceNow platform. The Company paid initial cash consideration of $ 7.4 million (net of $ 0.3 million cash acquired). The initial consideration was subjected to final post-closing adjustments for the final working capital, cash, indebtedness and transaction expenses as described in the CloudGo SPA. In addition, the CloudGo SPA provides for contingent consideration of up to $ 12 million to be paid based on CloudGo’s revenue and operating profit margin performance during two one-year performance periods that began after the acquisition date. The Company determined the fair value of the contingent consideration as of the acquisition date using the Monte Carlo simulation model and the application of an appropriate discount rate (Level 3 fair value). The preliminary fair value of the contractual obligation to pay the contingent consideration amounted to $ 4.5 million. Of this, $ 1.8 million was recorded in contingent consideration liabilities and $ 2.7 million was reported in long-term liabilities in the Consolidated Balance Sheets. Each reporting period, the Company will estimate changes in the fair value of contingent consideration and any change in fair value will be recognized in the Company’s Consolidated Statements of Operations. There were no changes to the estimated contingent consideration as of February 24, 2024. The estimate of fair value of contingent consideration liability requires assumptions to be made of various levels of potential revenue and operating profit performance as well as discount rates. Future revisions to these assumptions could materially change the estimate of the fair value of contingent consideration and therefore could materially affect the Company’s future operating results. Results of operations of CloudGo are included in the Consolidated Statements of Operations from the date of acquisition. CloudGo contributed $ 1.9 million and $ 2.0 million of revenue to the consolidated results of operations during the three and nine months ended February 24, 2024, respectively. During the three and nine months ended February 24, 2024, the Company incurred $ 0.2 million and $ 1.3 million, respectively, in acquisition costs that were recorded in selling, general and administrative expenses in the Consolidated Statements of Operations. In accordance with ASC 805, the Company made an initial provisional allocation of the purchase price for CloudGo based on the fair value of the assets acquired and liabilities assumed, with the residual amount recorded as goodwill. The Company’s provisional purchase price allocation considered a number of factors, including the valuation of identifiable intangible assets. In connection with this acquisition, the Company provisionally recorded total intangible assets consisting of $ 3.1 million for customer relationships (to be amortized over 9 to 12 years ). The Company also provisionally recorded $ 10.1 million of goodwill. The goodwill is attributable primarily to expected synergies and the assembled workforce of CloudGo. The following table summarizes the consideration for the acquisition of CloudGo and the provisional amounts of the identified assets acquired and liabilities assumed at the acquisition date: Fair value of consideration transferred (in thousands): Cash $ 7,753 Contingent consideration 4,500 Total $ 12,253 Recognized provisional amounts of identifiable assets acquired and liabilities assumed (in thousands): Cash and cash equivalents $ 342 Trade accounts receivable (1) 778 Prepaid expenses and other current assets 91 Income taxes receivable 2 Intangible assets 3,100 Property and equipment 36 Total identifiable assets 4,349 Accounts payable and other accrued expenses 411 Accrued salaries and related obligations 363 Deferred tax liabilities 820 Other liabilities 566 Total liabilities assumed 2,160 Net identifiable assets acquired 2,189 Goodwill 10,064 Net assets acquired $ 12,253 (1) As of the acquisition date, the gross contractual amount of accounts receivable of $ 0.8 million was expected to be fully collected. The purchase price allocation described above is preliminary with respect to the valuation of intangible assets acquired, goodwill, tax related matters, and the amount of contingent consideration. A final determination of fair value of assets acquired and liabilities assumed relating to the acquisition could differ from the preliminary purchase price allocation. The Company expects to finalize the valuation and complete the purchase price allocation as soon as practicable, but no later than one year from the acquisition date. The weighted-average useful life of the customer relationships and CloudGo’s intangible assets is approximately 10.94 years. Sale of taskforce On April 21, 2022, RGP Germany entered into a Sale and Purchase Agreement (the “ taskforce SPA”) to sell its business in taskforce to MoveVision – Management-, Beteiligungs- und Servicegesellschaft mbH and Blue Elephant – Management-, Beteiligungs- und Servicegesellschaft mbH (collectively, the “Purchasers”), owned by the original founder and a member of the senior leadership team of taskforce , respectively. The taskforce SPA provided for the sale of all of the shares of taskforce from RGP Germany to the Purchasers for a purchase price of approximately EUR 5.5 million, subject to final working capital adjustments, with 50 % of the consideration to be paid in cash in connection with the closing and the remaining 50 % payable on July 1, 2024 and bearing interest based on the Company’s average borrowing interest rate plus 285 basis points, compounded annually . On May 31, 2022, the Company completed the sale of taskforce . Upon conclusion of the Final Completion Accounts and Calculation (as defined in the taskforce SPA), the final purchase price was determined to be EUR 5.5 million (approximately $ 6.0 million), of which EUR 2.8 million (approximately $ 3.0 million) was received in cash and EUR 2.7 million (approximately $ 3.0 million) shall become due in July 2024 in accordance with the taskforce SPA. During fiscal 2023, the Company received full payment from the purchasers of taskforce on the note receivable in the amount of EUR 2.7 million (approximately $ 3.0 million), which included an interest payment. The Company recognized a $ 0.2 million gain on the sale during the nine months ended February 25, 2023, which was recorded in other income in the Company’s Consolidated Statements of Operations. The disposition of taskforce did not qualify as a discontinued operation because it did not represent a strategic shift that has or will have a major effect on the Company’s operations or financial results.

Assets Held For Sale

Assets Held For Sale	9 Months Ended
Assets Held For Sale	Feb. 24, 2024
Assets Held for Sale [Abstract]
Assets Held for Sale	5. Assets Held for Sale As of February 24, 2024, the Company determined the asset groups associated with the corporate office in Irvine, California met the criteria of held for sale, since the Company intends to complete the sale of these assets within the twelve months following the end of the third quarter of fiscal 2024. Accordingly, the related assets classified as held for sale are separately presented in our Consolidated Balance Sheets as of February 24, 2024. In addition, such assets are presented at the lower of carrying value or fair value less any costs to sell. The Company concluded that the offering price of the disposal assets was an approximate fair value, which exceeded the carrying value of the related assets as of February 24, 2024. As such, the assets held for sale are reported at their carrying value. The following table presents information related to the major classes of assets that were classified as held for sale in our Consolidated Balance Sheets (in thousands): Assets Held for Sale As of Irvine Office Building February 24, 2024 Building and land $ 14,309 Leasehold improvements 321 Furniture and fixtures 1,565 Total assets held for sale, gross 16,195 Less: accumulated depreciation and amortization ( 7,286 ) Total assets held for sale, net $ 8,909

Goodwill And Intangible Assets

Goodwill And Intangible Assets	9 Months Ended
Goodwill And Intangible Assets	Feb. 24, 2024
Goodwill And Intangible Assets [Abstract]
Goodwill And Intangible Assets	6. Goodwill and Intangible Assets The following table summarizes the activity in the Company’s goodwill balance (in thousands): RGP Other Segments Total Balance as of May 27, 2023 $ 206,722 $ - $ 206,722 Acquisition (see Note 4) 10,064 - 10,064 Impact of foreign currency exchange rate changes 169 - 169 Balance as of February 24, 2024 $ 216,955 $ - $ 216,955 The following table presents details of the Company’s intangible assets, estimated lives and related accumulated amortization (in thousands): As of February 24, 2024 As of May 27, 2023 Estimated Gross Net Gross Net Useful Carrying Accumulated Carrying Carrying Accumulated Carrying Life Amount Amortization Amount Amount Amortization Amount Customer contracts and relationships 3 - 12 years $ 25,100 $ ( 16,058 ) $ 9,042 $ 22,000 $ ( 13,802 ) $ 8,198 Computer software 2 - 3.5 years 7,870 ( 6,010 ) 1,860 7,541 ( 4,218 ) 3,323 Total $ 32,970 $ ( 22,068 ) $ 10,902 $ 29,541 $ ( 18,020 ) $ 11,521 The Company recorded amortization expense of $ 1.4 million and $ 1.3 million for the three months ended February 24, 2024 and February 25, 2023, respectively, and $ 4.0 million and $ 3.7 million for the nine months ended February 24, 2024 and February 25, 2023, respectively . The following table presents future estimated amortization expense based on existing intangible assets (in thousands): Fiscal Years: 2024 (remaining three months) $ 1,330 2025 4,097 2026 2,793 2027 593 2028 and thereafter 2,089 Total $ 10,902 Actual future estimated amortization expense could differ from these estimated amounts as a result of future acquisitions, dispositions, impairments, and other factors or changes.

Leases

Leases	9 Months Ended
Leases	Feb. 24, 2024
Leases [Abstract]
Leases	7. Leases The Company currently leases office space, vehicles and certain equipment under operating leases through fiscal 2030. In addition, the Company owns its headquarters office building located in Irvine, California and leases approximately 13,000 square feet of the approximately 57,000 square feet of the building to independent third parties pursuant to operating lease agreements with terms through fiscal 2025. See Note 5 – Assets Held for Sale for further information regarding the Company’s headquarters office building. Lease cost components included within selling, general and administrative expenses in the Consolidated Statements of Operations were as follows (in thousands): Three Months Ended Nine Months Ended February 24, 2024 February 25, 2023 February 24, 2024 February 25, 2023 Operating lease cost (1) $ 1,829 $ 1,891 $ 5,545 $ 5,364 Short-term lease cost 52 32 154 64 Variable lease cost 380 336 1,188 925 Sublease income (2) ( 220 ) ( 113 ) ( 551 ) ( 402 ) Total lease cost $ 2,041 $ 2,146 $ 6,336 $ 5,951 (1) Operating lease cost for the nine months ended February 25, 2023 includes a $ 0.4 million reduction resulting from a one-time settlement of a lease liability involving an office space. (2) Sublease income does not include rental income received from owned property, which is not material. The weighted-average lease term and weighted-average discount rate for operating leases as of February 24, 2024 and May 27, 2023 are presented in the following table: As of As of February 24, 2024 May 27, 2023 Weighted-average remaining lease term 3.5 years 3.4 years Weighted-average discount rate 4.32 % 3.97 % Cash flow and other noncash information related to operating leases is included in the following table (in thousands): Three Months Ended Nine Months Ended February 24, 2024 February 25, 2023 February 24, 2024 February 25, 2023 Cash paid for amounts included in the measurement of operating lease liabilities $ 2,106 $ 2,269 $ 6,435 $ 7,045 Right-of-use assets obtained in exchange for new operating lease obligations $ 338 $ 217 $ 3,258 $ 4,206 Future m aturities of operating lease liabilities as of February 24, 2024 are presented in the following table (in thousands): Fiscal Years: Operating Lease Maturity 2024 (remaining three months) $ 1,953 2025 5,214 2026 3,562 2027 2,244 2028 1,871 Thereafter 1,369 Total future lease payments 16,213 Less: interest ( 1,415 ) Present value of operating lease liabilities $ 14,798

Long-Term Debt

Long-Term Debt	9 Months Ended
Long-Term Debt	Feb. 24, 2024
Long-Term Debt [Abstract]
Long-Term Debt	8. Long-Term Debt On November 12, 2021, the Company and Resources Connection LLC, as borrowers, and all of the Company’s domestic subsidiaries, as guarantors, entered into a credit agreement with the lenders that are party thereto and Bank of America, N.A. as administrative agent for the lenders (the “Credit Agreement”) . The Credit Agreement provides for a $ 175.0 million senior secured revolving loan (the “Credit Facility”), which includes a $ 10.0 million sublimit for the issuance of standby letters of credit and a swingline sublimit of $ 20.0 million. The Credit Facility also includes an option to increase the amount of the revolving loan up to an additional $ 75.0 million , subject to the terms of the Credit Agreement . The Credit Facility matures on November 12, 2026 . The obligations under the Credit Facility are secured by substantially all assets of the Company, Resources Connection LLC and all of the Company’s domestic subsidiaries. Future borrowings under the Credit Facility bear interest at a rate per annum of either, at the Company’s election, (i) Term SOFR (as defined in the Credit Agreement) plus a margin ranging from 1.25 % to 2.00 % or (ii) the Base Rate (as defined in the Credit Agreement), plus a margin of 0.25 % to 1.00 % with the applicable margin depending on the Company’s consolidated leverage ratio. In addition, the Company pays an unused commitment fee on the average daily unused portion of the Credit Facility, which ranges from 0.20 % to 0.30 % depending on the Company’s consolidated leverage ratio. The Credit Agreement contains both affirmative and negative covenants. Covenants include, but are not limited to, limitations on the Company’s and its subsidiaries’ ability to incur liens, incur additional indebtedness, make certain restricted payments, merge or consolidate and make dispositions of assets. In addition, the Credit Agreement requires the Company to comply with financial covenants including limitations on the Company’s total funded debt, minimum interest coverage ratio and maximum leverage ratio. The Company was compliant with all financial covenants under the Credit Agreement as of February 24, 2024. As of February 24, 2024 and May 27, 2023, the Company had no debt outstanding under the Credit Facility. In addition, the Company had $ 1.4 million and $ 0.8 million of outstanding letters of credit issued under the Credit Facility as of February 24, 2024 and May 27, 2023, respectively. As of February 24, 2024, there was $ 173.6 million remaining capacity under the Credit Facility. On November 2, 2022, Resources Global Enterprise Consulting (Beijing) Co., Ltd . (a wholly-owned subsidiary of the Company), as borrower, and the Company, as guarantor, entered into a RMB 13.4 million ($ 1.8 million based on the prevailing exchange rate on November 2, 2022) revolving credit facility with Bank of America, N.A. (Beijing) as the lender (the “Beijing Revolver”). The Beijing Revolver bears interest at loan prime rate plus 0.80 %. Interest incurred on borrowings will be payable monthly in arrears. As of February 24, 2024, the Company had no debt outstanding under the Beijing Revolver and RMB 13.4 million ($ 1.9 million based on the prevailing exchange rate on February 24, 2024) in available credit. The availability of proceeds under the Beijing Revolver is at the lender's absolute discretion and may be terminated at any time by the lender, with or without prior notice to the borrower.

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Feb. 24, 2024
Income Taxes [Abstract]
Income Taxes	9. Income Taxes For the three months ended February 24, 2024 and February 25, 2023, the Company’s income tax expense was $ 1.9 million (resulting in an effective tax rate of 43.2 %) and an income tax benefit of nearly zero (resulting in an effective tax benefit rate of less than 0.1 %), respectively. For the nine months ended February 24, 2024 and February 25, 2023, the Company’s income tax expense was $ 7.8 million (resulting in an effective tax rate of 42.4 %) and $ 12.9 million (resulting in an effective tax rate of 23.2 %), respectively. The higher effective tax rate in fiscal 2024 was attributed primarily to a nonrecurring increase in forfeiture of stock options, coupled with a capitalization of acquisition related costs for tax purposes. Additionally, the lower effective tax rate in fiscal 2023 resulted from a number of one-time tax benefits recognized, including the release of valuation allowance, and a larger pretax income base lowering the tax expense ratio. The Company operates in an international environment. Accordingly, the consolidated effective tax rate is a composite rate reflecting the earnings (losses) in various locations and the applicable tax rates in those jurisdictions, and fluctuations in the consolidated effective tax rate year over year, are due to the changes in the mix of operating income and losses amongst the various jurisdictions in which the Company operates. For the three months ended February 24, 2024 and February 25, 2023 , the Company recognized a tax benefit of approximately $ 0.1 million and $ 0.2 million, respectively, associated with the exercise of nonqualified stock options, vesting of restricted stock awards, restricted stock units, and disqualifying dispositions by employees of shares acquired under the Employee Stock Purchase Plan (“ESPP”). For the nine months ended February 24, 2024 and February 25, 2023 , the Company recognized a tax benefit of approximately $ 1.3 million and $ 2.0 million, respectively, associated with the exercise of nonqualified stock options, vesting of restricted stock awards, restricted stock units, and disqualifying dispositions by employees of shares acquired under the ESPP. The Company’s total liability for unrecognized gross tax benefits, including accrued interest and penalties, was $ 1.0 million as of both February 24, 2024 and May 27, 2023, which, if ultimately recognized, would impact the effective tax rate in future periods. The unrecognized tax benefits are included in other long-term liabilities in the Consolidated Balance Sheets. None of the unrecognized tax benefits are short-term liabilities as the Company does not anticipate any cash payments within 12 months to settle the liability.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
Stockholders' Equity	Feb. 24, 2024
Stockholders' Equity [Abstract]
Stockholders' Equity	10. Stockholders’ Equity Stock Repurchase Program The Company’s board of directors has previously approved a stock repurchase program authorizing the repurchase, at the discretion of the Company’s senior executives, of the Company’s common stock for a designated aggregate dollar limit. The current program was authorized in July 2015 (the “July 2015 Program”) and set an aggregate dollar limit not to exceed $ 150 million. Subject to the aggregate dollar limit, the currently authorized stock repurchase program does not have an expiration date. Repurchases under the program may take place in the open market or in privately negotiated transactions and may be made pursuant to a Rule 10b5-1 plan. The Company did no t repurchase any shares under the July 2015 Program during the three months ended February 24, 2024. During the nine months ended February 24, 2024, the Company purchased 353,858 shares of its common stock on the open market at an average price of $ 14.13 per share, for an aggregate total purchase price of approximately $ 5.0 million. As of February 24, 2024, approximately $ 45.2 million remained available for future repurchases of the Company’s common stock under the July 2015 Program. During the three months ended February 25, 2023, the Company purchased 300,000 shares of its common stock on the open market at an average price of $ 17.19 per share, for an aggregate total purchase price of approximately $ 5.2 million. During the nine months ended February 25, 2023, the Company purchased 618,438 shares of its common stock on the open market at an average price of $ 16.99 per share, for an aggregate total purchase price of approximately $ 10.5 million. Quarterly Dividend Subject to approval each quarter by its board of directors, the Company pays a regular dividend. On January 17, 2024, the board of directors declared a regular quarterly dividend of $ 0.14 per share of the Company’s common stock. The dividend was paid on March 14, 2024 to stockholders of record at the close of business on February 15, 2024. As of both February 24, 2024 and May 27, 2023, $ 4.7 million was accrued and recorded in other current liabilities in the Company’s Consolidated Balance Sheets for dividends declared but not yet paid. Continuation of the quarterly dividend is at the discretion of the board of directors and depends upon the Company’s financial condition, results of operations, capital requirements, general business condition, contractual restrictions contained in the Credit Facility and other agreements, and other factors deemed relevant by the board of directors.

Restructuring Activities

Restructuring Activities	9 Months Ended
Restructuring Activities	Feb. 24, 2024
Restructuring Activities [Abstract]
Restructuring Activities	11. Restructuring Activities During the second quarter of fiscal 2024, the Company initiated a cost reduction plan, including a reduction in force (the “United States (U.S.) Restructuring Plan”) intended to reduce costs and streamline operations. During the third quarter of fiscal 2024, the Company expanded the U.S. Restructuring Plan, which resulted in a reduction of force of approximately 12 % of the Company’s U.S. management and administrative workforce. The Company incurred employee termination costs associated with the U.S. Restructuring Plan within its RGP segment, and were recorded in selling, general and administrative expenses in its Consolidated Statements of Operations. The U.S. Restructuring Plan was substantially completed during the third quarter of fiscal 2024. Restructuring costs were $ 1.6 million and $ 3.9 million for the three and nine months ended February 24, 2024, respectively. The Company previously initiated global restructuring and business transformation plans in North America, Asia Pacific and Europe (the “Global Restructuring Plans”) during calendar year 2020 that were substantially completed in fiscal 2021. Restructuring adjustments were zero and ($ 0.4 ) million for the three and nine months ended February 25, 2023, respectively. The restructuring liability was $ 1.7 million and zero as of February 24, 2024 and May 27, 2023, respectively.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	9 Months Ended
Stock-Based Compensation Plans	Feb. 24, 2024
Stock-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	12. Stock-Based Compensation Plans General The Company’s stockholders approved the Resources Connection, Inc. 2020 Performance Incentive Plan (the “2020 Plan”) on October 22, 2020, which replaced and succeeded in its entirety the Resources Connection, Inc. 2014 Performance Incentive Plan (the “2014 Plan”). Executive officers and certain employees, as well as non-employee directors of the Company and certain consultants and advisors are eligible to participate in the 2020 Plan. The maximum number of shares of the Company’s common stock that may be issued or transferred pursuant to awards under the 2020 Plan equals: (1) 1,797,440 (which represents the number of shares that were available for additional award grant purposes under the 2014 Plan immediately prior to the termination of the authority to grant new awards under the 2014 Plan as of October 22, 2020), plus (2) the number of any shares subject to stock options granted under the 2014 Plan or the Resources Connection, Inc. 2004 Performance Incentive Plan (together with the 2014 Plan, the “Prior Plans”) and outstanding as of October 22, 2020 which expire, or for any reason are cancelled or terminated, after that date without being exercised, plus (3) the number of any shares subject to restricted stock and restricted stock unit awards granted under the Prior Plans that are outstanding and unvested as of October 22, 2020 which are forfeited, terminated, cancelled, or otherwise reacquired after that date without having become vested. Awards under the 2020 Plan may include, but are not limited to, stock options, stock appreciation rights, restricted stock, performance stock, stock units, stock bonuses and other forms of awards granted or denominated in shares of common stock or units of common stock, as well as certain cash bonus awards. Historically, the Company has granted restricted stock, restricted stock units and stock option awards under the 2020 Plan that typically vest in equal annual installments, and performance stock unit awards under the 2020 Plan that vest upon the achievement of certain Company-wide performance targets at the end of the defined performance period. Stock option grants typically terminate ten years from the date of grant. Vesting periods for restricted stock, restricted stock units and stock option awards range from three to four years . The performance periods for the performance stock unit awards are three years . As of February 24, 2024, there were 1,125,496 shares available for further award grants under the 2020 Plan. Stock-Based Compensation Expense Stock-based compensation expense included in selling, general and administrative expenses was $ 1.2 million and $ 2.6 million for the three months ended February 24, 2024 and February 25, 2023, respectively, and $ 4.2 million and $ 7.4 million for the nine months ended February 24, 2024 and February 25, 2023, respectively . These amounts consisted of stock-based compensation expense related to employee stock options, restricted stock awards, restricted stock unit awards and performance stock unit awards under the 2020 Plan and Prior Plans, employee stock purchases made via the ESPP, and stock units credited under the Directors Deferred Compensation Plan. The Company recognized a tax benefit of $ 0.2 million and $ 0.5 million associated with such stock - based compensation expense during the three months ended February 24, 2024 and February 25, 2023, respectively, and $ 0.8 million and $ 1.5 million during the nine months ended February 24, 2024 and February 25, 2023, respectively . The Company recognizes stock-based compensation expense on time-vesting equity awards ratably over the applicable vesting period based on the grant date fair value, net of estimated forfeitures. Expense related to the liability-classified awards reflects the change in fair value during the reporting period. The number of performance stock units earned at the end of the applicable performance period may equal, exceed or be less than the targeted number of shares depending on whether the performance criteria are met, surpassed or not met. During each reporting period, the Company uses the latest forecasted results to estimate the number of shares to be issued at the end of the performance period. Any resulting changes to stock compensation expense are adjusted in the period in which the change in estimates occur. Stock Options The following table summarizes the stock option activity for the nine months ended February 24, 2024 (in thousands, except weighted-average exercise price): Number of Options Weighted-Average Exercise Price Outstanding at May 27, 2023 2,648 $ 16.44 Exercised ( 32 ) $ 14.29 Forfeited ( 9 ) $ 17.44 Expired ( 344 ) $ 16.97 Outstanding at February 24, 2024 2,263 $ 16.39 Exercisable at February 24, 2024 2,263 $ 16.39 Vested at February 24, 2024 2,263 $ 16.39 As of February 24, 2024, there was no unrecognized compensation costs related to unvested and outstanding employee stock options. Employee Stock Purchase Plan On October 20, 2022, the Company’s stockholders approved an amendment and restatement of the ESPP that increased the number of shares authorized for issuance under the ESPP by 1,500,000 , resulting in a maximum number of shares of the Company’s common stock authorized for issuance under the ESPP of 3,325,000 shares. The Company’s ESPP allows qualified employees (as defined in the ESPP) to purchase designated shares of the Company’s common stock at a price equal to 85 % of the lesser of the fair market value of common stock at the beginning or end of each semi-annual stock purchase period. The Company issued 455,678 and 393,060 shares of common stock pursuant to the ESPP during the nine months ended February 24, 2024 and February 25, 2023, respectively. There were 1,323,246 shares of common stock available for issuance under the ESPP as of February 24, 2024. Restricted Stock Awards (“RSAs”) The following table summarizes the activities for the unvested RSAs for the nine months ended February 24, 2024 (in thousands, except weighted-average grant-date fair value): Shares Weighted-Average Grant-Date Fair Value Outstanding at May 27, 2023 209 $ 17.19 Granted 113 $ 13.79 Vested ( 99 ) $ 16.33 Forfeited - $ - Unvested as of February 24, 2024 223 $ 15.84 Expected to vest as of February 24, 2024 197 $ 15.89 As of February 24, 2024, there was $ 2.7 million of total unrecognized compensation costs related to unvested RSAs. The cost is expected to be recognized over a weighted-average period of 1.60 years. Restricted Stock Units (“RSUs”) The Company may issue either equity-classified RSUs, which are awards granted to employees under the 2020 Plan that settle in shares of the Company’s common stock, or liability-classified RSUs, which are awards credited to board of director members under the Directors Deferred Compensation Plan that settle in cash. The following table summarizes the activities for the unvested RSUs, including both equity- and liability-classified RSUs, for the nine months ended February 24, 2024 (in thousands, except weighted-average grant-date fair value): Equity-Classified RSUs Liability-Classified RSUs Total RSUs Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Outstanding at May 27, 2023 631 $ 15.78 60 $ 16.55 691 $ 15.85 Granted ( 1 ) 298 $ 13.63 26 $ 14.19 324 $ 13.67 Vested ( 184 ) $ 14.91 ( 38 ) $ 16.10 ( 222 ) $ 15.11 Forfeited ( 146 ) $ 15.59 - $ - ( 146 ) $ 15.59 Unvested as of February 24, 2024 599 $ 15.04 48 $ 15.64 647 $ 15.08 Expected to vest as of February 24, 2024 529 $ 15.04 48 $ 15.64 577 $ 15.09 (1) The dividend equivalents are included in the granted shares. As of February 24, 2024, there was $ 6.7 million of total unrecognized compensation costs related to unvested equity-classified RSUs. The cost is expected to be recognized over a weighted-average period of 1.80 years. As of February 24, 2024, there was $ 0.7 million of total unrecognized compensation costs related to unvested liability-classified RSUs. The cost is expected to be recognized over a weighted-average period of 1.91 years. Performance Stock Units (“PSUs”) The Company has issued PSUs to certain members of management and other select employees. The total number of shares that would vest under the PSUs will be determined at the end of the applicable three-year performance period based on the Company’s achievement of certain revenue and Adjusted EBITDA (as defined below in Note 14 – Segment Information and Enterprise Reporting ) percentage targets over the applicable performance period. The total number of shares that may be earned for these awards based on performance over the performance period ranges from zero to 150 % of the target number of shares. The following table summarizes the activities for the unvested PSUs for the nine months ended February 24, 2024 (in thousands, except weighted-average grant-date fair value): Shares (1) Weighted-Average Grant-Date Fair Value Outstanding at May 27, 2023 434 $ 18.32 Granted ( 2 ) 294 $ 13.63 Vested - $ - Forfeited ( 99 ) $ 18.21 Unvested as of February 24, 2024 629 $ 16.17 Expected to vest as of February 24, 2024 539 $ 16.44 (1) Shares are presented in this table at the stated target, which represents the base number of shares that would vest over the applicable performance period. Actual shares that vest may be zero to 150 % of the target based on the achievement of the specific company-wide performance targets. (2) The dividend equivalents are included in the granted shares. As of February 24, 2024, there was $ 2.0 million of total unrecognized compensation costs related to unvested PSUs. The cost is expected to be recognized over a weighted-average period of 1.98 years.

Commitments And Contingencies

Commitments And Contingencies	9 Months Ended
Commitments And Contingencies	Feb. 24, 2024
Commitments And Contingencies [Abstract]
Commitments And Contingencies	13. Commitments and Contingencies Legal Proceedings The Company is involved in certain legal matters arising in the ordinary course of business. In the opinion of management, none of such matters, if disposed of unfavorably, would have a material adverse effect on the Company’s financial position, cash flows or results of operations.

Segment Information And Enterpr

Segment Information And Enterprise Reporting	9 Months Ended
Segment Information And Enterprise Reporting	Feb. 24, 2024
Segment Information And Enterprise Reporting [Abstract]
Segment Information And Enterprise Reporting	14. Segment Information and Enterprise Reporting The tables below reflect the operating results of the Company’s segments consistent with the management and performance measurement system utilized by the Company. Upon completing the sale of the taskforce operating segment, effective May 31, 2022, the Company’s operating segments consist of RGP and Sitrick. Prior-period comparative segment information was not restated. See Note 2 – Summary of Significant Accounting Policies for further discussion about the Company’s operating and reportable segments. Performance measurement is based on segment Adjusted EBITDA, a non-GAAP measure. Adjusted EBITDA is defined as net income before amortization expense, depreciation expense, interest and income taxes plus or minus stock-based compensation expense, technology transformation costs, goodwill impairment, one-time acquisition costs and restructuring costs. Adjusted EBITDA at the segment level excludes certain shared corporate administrative costs that are not practical to allocate. The Company’s CODM does not evaluate segments using asset information. The following table discloses the Company’s revenue and Adjusted EBITDA by segment for both periods presented (in thousands): Three Months Ended Nine Months Ended February 24, February 25, February 24, February 25, 2024 2023 2024 2023 Revenue: RGP $ 148,995 $ 184,270 $ 477,374 $ 582,849 Other Segments 2,312 2,507 7,229 8,345 Total revenue $ 151,307 $ 186,777 $ 484,603 $ 591,194 Adjusted EBITDA: RGP $ 19,376 $ 25,320 $ 63,697 $ 101,331 Other Segments ( 246 ) 113 ( 708 ) 761 Reconciling items (1) ( 8,344 ) ( 8,817 ) ( 24,596 ) ( 25,135 ) Total Adjusted EBITDA (2) $ 10,786 $ 16,616 $ 38,393 $ 76,957 (1) Reconciling items are generally comprised of u nallocated corporate administrative costs, including management and board compensation, corporate support function costs and other general corporate costs that are not allocated to segments. (2) A reconciliation of the Company’s net income to Adjusted EBITDA on a consolidated basis is presented below. The table below represents a reconciliation of the Company’s net income to Adjusted EBITDA for both periods presented (in thousands): Three Months Ended Nine Months Ended February 24, February 25, February 24, February 25, 2024 2023 2024 2023 Net income $ 2,550 $ 7,019 $ 10,562 $ 42,591 Adjustments: Amortization expense 1,413 1,275 4,048 3,743 Depreciation expense 745 885 2,432 2,652 Interest (income) expense, net ( 225 ) 147 ( 830 ) 662 Income tax expense (benefit) 1,937 ( 2 ) 7,765 12,867 EBITDA 6,420 9,324 23,977 62,515 Stock-based compensation expense 1,181 2,609 4,249 7,375 Technology transformation costs (1) 1,386 1,737 4,987 4,476 Goodwill impairment (2) - 2,955 - 2,955 Acquisition costs (3) 156 - 1,282 - Restructuring costs (4) 1,643 ( 9 ) 3,898 ( 364 ) Adjusted EBITDA $ 10,786 $ 16,616 $ 38,393 $ 76,957 (1) Technology transformation costs represent costs included in net income related to the Company’s initiative to upgrade its technology platform globally, including a cloud-based enterprise resource planning system and talent acquisition and management systems. Such costs primarily include hosting and certain other software licensing costs, third-party consulting fees and costs associated with dedicated internal resources that are not capitalized. (2) The effect of the goodwill impairment charge recognized during the three and nine months ended February 25, 2023 was related to the Sitrick operating segment. (3) Acquisition costs primarily represent one-time costs included in net income related to the Company’s acquisitions, which include fees paid to the Company’s brokers and other professional services firms. See Note 4 – Acquisitions and Dispositions for further discussion. (4) The Company initiated the U.S. Restructuring Plan in October 2023 and substantially completed the plan during the second and third quarters of fiscal 2024. In addition, the Company substantially completed the Global Restructuring Plans in fiscal 2021 and the remaining accrued restructuring liability was released in fiscal 2023.

Subsequent Event

Subsequent Event	9 Months Ended
Subsequent Event	Feb. 24, 2024
Subsequent Event [Abstract]
Subsequent Event	15. Subsequent Event On March 27, 2024, the Company entered into a Membership Interest Purchase Agreement (the “Reference Point MIPA”) with Reference Point LLC (“Reference Point”) and the sole member of Reference Point, pursuant to which the Company agreed to acquire 100 % of the membership interests of Reference Point . Reference Point is a strategy, management, and technology consulting firm serving the financial services sector and is headquartered in New York. The acquisition is expected to close around the end of RGP’s current fiscal year and is subject to customary closing conditions.

Description Of The Company An_2

Description Of The Company And Its Business (Policy)	9 Months Ended
Description Of The Company And Its Business (Policy)	Feb. 24, 2024
Description Of The Company And Its Business [Abstract]
Fiscal Period	The Company’s fiscal year consists of 52 or 53 weeks, ending on the Saturday in May closest to May 31 . The third quarters of fiscal 2024 and 2023 each consisted of 13 weeks. The Company’s fiscal 2024 will consist of 52 weeks.

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policy)	9 Months Ended
Summary Of Significant Accounting Policies (Policy)	Feb. 24, 2024
Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation The accompanying unaudited financial statements of the Company as of and for the three and nine months ended February 24, 2024 and February 25, 2023 have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. These financial statements include all adjustments (consisting only of normal recurring adjustments) the Company’s management considers necessary for a fair presentation of its financial position at such dates and the operating results and cash flows for those periods. The financial statements include the accounts of the Company and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although management believes these estimates and assumptions are adequate, actual results could differ from the estimates and assumptions used. The fiscal 2023 year-end balance sheet data was derived from audited consolidated financial statements, and certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to Securities and Exchange Commission (“SEC”) rules or regulations; however, the Company believes the disclosures made are adequate to make the information presented not misleading. The unaudited consolidated results of operations for the interim periods presented are not necessarily indicative of the results of operations to be expected for the full fiscal year. These interim financial statements should be read in conjunction with the audited consolidated financial statements for the year ended May 27, 2023, which are included in the Company’s Annual Report on Form 10-K (“Fiscal Year 2023 Form 10-K”) filed with the SEC on July 25, 2023 (File No. 0-32113). A complete listing of the Company’s significant accounting policies is discussed in Note 2 – Summary of Significant Accounting Policies in the Notes to Consolidated Financial Statements included in the Fiscal Year 2023 Form 10-K.
Reporting Segments	Reporting Segments Effective May 31, 2022, the Company’s operating segments consist of the following:  RGP – a global consulting firm focused on project execution services that power clients’ operational needs and change initiatives utilizing on-demand, experienced and diverse talent; and  Sitrick – a crisis communications and public relations firm which operates under the Sitrick brand, providing corporate, financial, transactional and crisis communication and management services. Each of these segments reports through a separate management team to the Company’s Chief Executive Officer, who is designated as the Chief Operating Decision Maker (“CODM”) for segment reporting purposes. RGP is the Company’s only reportable segment. Sitrick does not individually meet the quantitative threshold to qualify as a reportable segment. Therefore, Sitrick is disclosed in Other Segments. Each of these segments represents a reporting unit for the purposes of assessing goodwill for impairment. On November 15, 2023, the Company acquired CloudGo Pte Ltd. and its subsidiaries (collectively, “CloudGo”) . CloudGo is reported as part of the RGP operating segment. See Note 4 – Acquisitions and Dispositions in the Notes to Consolidated Financial Statements for further information. On May 31, 2022, the Company divested taskforce – Management on Demand GmbH, and its wholly owned subsidiary skillforce – Executive Search GmbH, a German professional services firm operating under the taskforce brand (“ taskforce”) ; see Note 4 – Acquisitions and Dispositions for further information. Prior to the divestiture, the business operated by taskforce , along with its parent company, Resources Global Professionals (Germany) GmbH (“RGP Germany”), an affiliate of the Company, represented an operating segment of the Company and was reported as a part of Other Segments. Prior-period comparative segment information was not restated as a result of the divestiture of taskforce as the Company did not have a change in internal organization or the financial information that the CODM uses to assess performance and allocate resources. See Note 14 – Segment Information and Enterprise Reporting for further information.
Per Share Information	Per Share Information The Company presents both basic and diluted earnings per share (“EPS”). Basic EPS is calculated by dividing net income by the weighted-average number of common shares outstanding during the period. Performance stock units are excluded from the basic EPS calculation, since the number of shares subject to the award that will vest will not be determined until after the end of the applicable performance period. Diluted EPS is based upon the weighted-average number of common shares and common equivalent shares outstanding during the period, calculated using the treasury stock method. Common equivalent shares are excluded from the computation in periods in which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price over the period are anti-dilutive and are excluded from the calculation. The following table summarizes the calculation of net income per common share for the three and nine months ended February 24, 2024 and February 25, 2023 (in thousands, except per share amounts): Three Months Ended Nine Months Ended February 24, February 25, February 24, February 25, 2024 2023 2024 2023 Net income $ 2,550 $ 7,019 $ 10,562 $ 42,591 Weighted-average shares outstanding: Basic weighted-average shares 33,463 33,466 33,428 33,418 Effect of dilutive shares: Weighted-average shares - Basic 33,463 33,466 33,428 33,418 Potentially dilutive stock options 43 345 76 416 Potentially dilutive employee stock purchase plan 20 36 7 4 Potentially dilutive restricted stock awards 16 34 56 64 Potentially dilutive restricted stock units 52 128 183 236 Potentially dilutive performance stock units 165 140 156 107 Diluted weighted-average shares outstanding 33,759 34,149 33,906 34,245 Net income per common share: Basic $ 0.08 $ 0.21 $ 0.32 $ 1.27 Diluted $ 0.08 $ 0.21 $ 0.31 $ 1.24 Anti-dilutive shares not included above 2,360 694 1,929 650
Financial Instruments	Financial Instruments The fair value of the Company’s financial instruments reflects the amounts that the Company estimates it will receive in connection with the sale of an asset in an orderly transaction between market participants at the measurement date (exit price). The fair value hierarchy prioritizes the use of inputs used in valuation techniques into the following three levels: Level 1 – Quoted prices in active markets for identical assets and liabilities. Level 2 – Observable inputs other than quoted prices in active markets for identical assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets. Level 3 – Unobservable inputs. Contingent consideration liability is for estimated future contingent consideration payments related to the Company’s acquisitions. Total contingent consideration liabilities related to the acquisition of CloudGo were preliminarily valued at $ 4.5 million as of November 25, 2023 and remained the same as of February 24, 2024. The fair value measurement of the liability was based on significant inputs not observed in the market and thus represents a Level 3 measurement. The significant unobservable inputs used in the fair value measurement of the contingent consideration liability were the Company’s measures of the estimated payouts based on internally generated financial projections and discount rates. The fair value of contingent consideration liability will be remeasured on a quarterly basis until settlement by the Company using additional information as it becomes available, and any change in the fair value estimates will be recorded in selling, general and administrative expenses in the Company’s Consolidated Statements of Operations. Future revisions to these assumptions could materially change the estimate of the fair value of contingent consideration and therefore could materially affect the Company’s future operating results. The Company’s remaining financial instruments, including cash and cash equivalents, trade accounts receivable, accounts payable and other accrued expenses and long-term debt are carried at cost, which approximates their fair value because of the short - term maturity of these instruments or because their stated interest rates are indicative of market interest rates.
Capitalized Hosting Arrangements	Capitalized Hosting Arrangements The capitalized hosting arrangements costs are primarily related to the implementation of a cloud-based enterprise resource planning system and talent acquisition and management systems. Such costs include third party implementation costs and costs associated with internal resources directly involved in the implementation. Capitalized hosting arrangements are stated at historical cost and amortized on a straight-line basis over the estimated useful life of the expected term of the hosting arrangement, taking into consideration several other factors such as, but not limited to, options to extend the hosting arrangement or options to terminate the hosting arrangement. The amortization of capitalized implementation costs for hosting arrangements will commence when the systems are ready for their intended use and will be presented as operating expenses in the Consolidated Statements of Operations consistent with the presentation for expensing the fees for the associated hosting arrangement. As of February 24, 2024 and May 27, 2023, the capitalized costs related to hosting arrangements incurred during the application development stage were $ 14.1 million and $ 6.0 million, respectively. These capitalized hosting arrangements are included in other non-current assets on the Consolidated Balance Sheets. During both the three and nine months ended February 24, 2024, there was less than $ 0.1 million of amortization. No costs were amortized during the three and nine months ended February 25, 2023.
Share Repurchases	Share Repurchases The Company’s stock repurchase program authorizes the Company to repurchase shares at the discretion of the Company’s senior executives based on numerous factors, including, without limitation, share price and other market conditions, the Company’s ongoing capital allocation planning, the levels of cash and debt balances, and other demands for cash. The Company records the shares repurchased as treasury stock based on the amount paid to repurchase its shares. Direct costs incurred to acquire treasury stock are treated like stock issue costs and added to the cost of the treasury stock. See Note 10 — Stockholders’ Equity for further information on the repurchased shares.
Recent Accounting Pronouncements	Recent Accounting Pronouncements On December 14, 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The guidance is intended to expand the disclosure requirements for income taxes, specifically related to the rate reconciliation and income taxes paid. The guidance is effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Company is evaluating the potential impact of this guidance on its financial statement disclosures. On November 27, 2023, FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The guidance is intended to improve reportable segment disclosure requirements for public entities primarily through enhanced disclosures about significant segment expenses that are regularly provided to the CODM and included within each reported measure of segment profit. This guidance is effective for annual periods beginning after December 15, 2023, and for interim periods beginning after December 15, 2024. The Company is evaluating the potential impact of this guidance on its financial statement disclosures. On October 9, 2023, FASB issued ASU 2023-06, Disclosure Improvements, which closes out a long-running project to incorporate certain SEC disclosure requirements into authoritative accounting guidance. The effective date for the ASU is immediately after the new Accounting Standards Codification (“ASC”) 260, Earnings Per Share is updated. The Company adopted the guidance effective with the quarter ending November 25, 2023 and prior periods to the date of adoption are presented in accordance with ASC 260 – Earnings Per Share. Other recent accounting pronouncements or changes in accounting pronouncements issued by the FASB, the American Institute of Certified Public Accountants and the SEC did not, or are not expected to, have a material significance , or have potential material significance, to the Company’s financial statements.

Summary Of Significant Accoun_3

Summary Of Significant Accounting Policies (Tables)	9 Months Ended
Summary Of Significant Accounting Policies (Tables)	Feb. 24, 2024
Summary Of Significant Accounting Policies [Abstract]
Calculation Of Net Income Per Common Share	Three Months Ended Nine Months Ended February 24, February 25, February 24, February 25, 2024 2023 2024 2023 Net income $ 2,550 $ 7,019 $ 10,562 $ 42,591 Weighted-average shares outstanding: Basic weighted-average shares 33,463 33,466 33,428 33,418 Effect of dilutive shares: Weighted-average shares - Basic 33,463 33,466 33,428 33,418 Potentially dilutive stock options 43 345 76 416 Potentially dilutive employee stock purchase plan 20 36 7 4 Potentially dilutive restricted stock awards 16 34 56 64 Potentially dilutive restricted stock units 52 128 183 236 Potentially dilutive performance stock units 165 140 156 107 Diluted weighted-average shares outstanding 33,759 34,149 33,906 34,245 Net income per common share: Basic $ 0.08 $ 0.21 $ 0.32 $ 1.27 Diluted $ 0.08 $ 0.21 $ 0.31 $ 1.24 Anti-dilutive shares not included above 2,360 694 1,929 650

Acquisitions And Dispositions (

Acquisitions And Dispositions (Tables)	9 Months Ended
Acquisitions And Dispositions (Tables)	Feb. 24, 2024
Acquisitions And Dispositions [Abstract]
Summary Of Fair Value Of Consideration Transferred	Cash $ 7,753 Contingent consideration 4,500 Total $ 12,253
Summary Of Recognized Amounts Of Identifiable Assets Acquired And Liabilities Assumed	Cash and cash equivalents $ 342 Trade accounts receivable (1) 778 Prepaid expenses and other current assets 91 Income taxes receivable 2 Intangible assets 3,100 Property and equipment 36 Total identifiable assets 4,349 Accounts payable and other accrued expenses 411 Accrued salaries and related obligations 363 Deferred tax liabilities 820 Other liabilities 566 Total liabilities assumed 2,160 Net identifiable assets acquired 2,189 Goodwill 10,064 Net assets acquired $ 12,253 (1) As of the acquisition date, the gross contractual amount of accounts receivable of $ 0.8 million was expected to be fully collected.

Assets Held For Sale (Tables)

Assets Held For Sale (Tables)	9 Months Ended
Assets Held For Sale (Tables)	Feb. 24, 2024
Assets Held for Sale [Abstract]
Summary Of Information Related To Major Classes Of Assets And Classified As Held For Sale	Assets Held for Sale As of Irvine Office Building February 24, 2024 Building and land $ 14,309 Leasehold improvements 321 Furniture and fixtures 1,565 Total assets held for sale, gross 16,195 Less: accumulated depreciation and amortization ( 7,286 ) Total assets held for sale, net $ 8,909

Goodwill And Intangible Assets

Goodwill And Intangible Assets (Tables)	9 Months Ended
Goodwill And Intangible Assets (Tables)	Feb. 24, 2024
Goodwill And Intangible Assets [Abstract]
Summary Of Activity In Goodwill Balance	RGP Other Segments Total Balance as of May 27, 2023 $ 206,722 $ - $ 206,722 Acquisition (see Note 4) 10,064 - 10,064 Impact of foreign currency exchange rate changes 169 - 169 Balance as of February 24, 2024 $ 216,955 $ - $ 216,955
Summary Of Intangible Assets And Related Accumulated Amortization	As of February 24, 2024 As of May 27, 2023 Estimated Gross Net Gross Net Useful Carrying Accumulated Carrying Carrying Accumulated Carrying Life Amount Amortization Amount Amount Amortization Amount Customer contracts and relationships 3 - 12 years $ 25,100 $ ( 16,058 ) $ 9,042 $ 22,000 $ ( 13,802 ) $ 8,198 Computer software 2 - 3.5 years 7,870 ( 6,010 ) 1,860 7,541 ( 4,218 ) 3,323 Total $ 32,970 $ ( 22,068 ) $ 10,902 $ 29,541 $ ( 18,020 ) $ 11,521
Summary Of Future Estimated Amortization Expense	2024 (remaining three months) $ 1,330 2025 4,097 2026 2,793 2027 593 2028 and thereafter 2,089 Total $ 10,902

Leases (Tables)

Leases (Tables)	9 Months Ended
Leases (Tables)	Feb. 24, 2024
Leases [Abstract]
Lease Cost Components	Three Months Ended Nine Months Ended February 24, 2024 February 25, 2023 February 24, 2024 February 25, 2023 Operating lease cost (1) $ 1,829 $ 1,891 $ 5,545 $ 5,364 Short-term lease cost 52 32 154 64 Variable lease cost 380 336 1,188 925 Sublease income (2) ( 220 ) ( 113 ) ( 551 ) ( 402 ) Total lease cost $ 2,041 $ 2,146 $ 6,336 $ 5,951 (1) Operating lease cost for the nine months ended February 25, 2023 includes a $ 0.4 million reduction resulting from a one-time settlement of a lease liability involving an office space. (2) Sublease income does not include rental income received from owned property, which is not material.
Lease Term And Discount Rate	As of As of February 24, 2024 May 27, 2023 Weighted-average remaining lease term 3.5 years 3.4 years Weighted-average discount rate 4.32 % 3.97 %
Supplemental Cash Flow Information Related To Operating Leases	Three Months Ended Nine Months Ended February 24, 2024 February 25, 2023 February 24, 2024 February 25, 2023 Cash paid for amounts included in the measurement of operating lease liabilities $ 2,106 $ 2,269 $ 6,435 $ 7,045 Right-of-use assets obtained in exchange for new operating lease obligations $ 338 $ 217 $ 3,258 $ 4,206
Maturities Of Operating Lease Liabilities	Fiscal Years: Operating Lease Maturity 2024 (remaining three months) $ 1,953 2025 5,214 2026 3,562 2027 2,244 2028 1,871 Thereafter 1,369 Total future lease payments 16,213 Less: interest ( 1,415 ) Present value of operating lease liabilities $ 14,798

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	9 Months Ended
Stock-Based Compensation Plans (Tables)	Feb. 24, 2024
Stock-Based Compensation Plans [Abstract]
Summary Of Stock Option Activity	Number of Options Weighted-Average Exercise Price Outstanding at May 27, 2023 2,648 $ 16.44 Exercised ( 32 ) $ 14.29 Forfeited ( 9 ) $ 17.44 Expired ( 344 ) $ 16.97 Outstanding at February 24, 2024 2,263 $ 16.39 Exercisable at February 24, 2024 2,263 $ 16.39 Vested at February 24, 2024 2,263 $ 16.39
Summary Of Unvested Restricted Stock Awards	Shares Weighted-Average Grant-Date Fair Value Outstanding at May 27, 2023 209 $ 17.19 Granted 113 $ 13.79 Vested ( 99 ) $ 16.33 Forfeited - $ - Unvested as of February 24, 2024 223 $ 15.84 Expected to vest as of February 24, 2024 197 $ 15.89
Summary Unvested Restricted Stock Unit Activity	Equity-Classified RSUs Liability-Classified RSUs Total RSUs Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Shares Weighted-Average Grant-Date Fair Value Outstanding at May 27, 2023 631 $ 15.78 60 $ 16.55 691 $ 15.85 Granted ( 1 ) 298 $ 13.63 26 $ 14.19 324 $ 13.67 Vested ( 184 ) $ 14.91 ( 38 ) $ 16.10 ( 222 ) $ 15.11 Forfeited ( 146 ) $ 15.59 - $ - ( 146 ) $ 15.59 Unvested as of February 24, 2024 599 $ 15.04 48 $ 15.64 647 $ 15.08 Expected to vest as of February 24, 2024 529 $ 15.04 48 $ 15.64 577 $ 15.09 (1) The dividend equivalents are included in the granted shares.
Summary Of Unvested Performance Stock Units Activity	Shares (1) Weighted-Average Grant-Date Fair Value Outstanding at May 27, 2023 434 $ 18.32 Granted ( 2 ) 294 $ 13.63 Vested - $ - Forfeited ( 99 ) $ 18.21 Unvested as of February 24, 2024 629 $ 16.17 Expected to vest as of February 24, 2024 539 $ 16.44 (1) Shares are presented in this table at the stated target, which represents the base number of shares that would vest over the applicable performance period. Actual shares that vest may be zero to 150 % of the target based on the achievement of the specific company-wide performance targets. (2) The dividend equivalents are included in the granted shares.

Segment Information And Enter_2

Segment Information And Enterprise Reporting (Tables)	9 Months Ended
Segment Information And Enterprise Reporting (Tables)	Feb. 24, 2024
Segment Information And Enterprise Reporting [Abstract]
Summary Of Operating Results Of Segments	Three Months Ended Nine Months Ended February 24, February 25, February 24, February 25, 2024 2023 2024 2023 Revenue: RGP $ 148,995 $ 184,270 $ 477,374 $ 582,849 Other Segments 2,312 2,507 7,229 8,345 Total revenue $ 151,307 $ 186,777 $ 484,603 $ 591,194 Adjusted EBITDA: RGP $ 19,376 $ 25,320 $ 63,697 $ 101,331 Other Segments ( 246 ) 113 ( 708 ) 761 Reconciling items (1) ( 8,344 ) ( 8,817 ) ( 24,596 ) ( 25,135 ) Total Adjusted EBITDA (2) $ 10,786 $ 16,616 $ 38,393 $ 76,957 (1) Reconciling items are generally comprised of u nallocated corporate administrative costs, including management and board compensation, corporate support function costs and other general corporate costs that are not allocated to segments. (2) A reconciliation of the Company’s net income to Adjusted EBITDA on a consolidated basis is presented below.
Reconciliation Of Net Income To Adjusted EBITDA	Three Months Ended Nine Months Ended February 24, February 25, February 24, February 25, 2024 2023 2024 2023 Net income $ 2,550 $ 7,019 $ 10,562 $ 42,591 Adjustments: Amortization expense 1,413 1,275 4,048 3,743 Depreciation expense 745 885 2,432 2,652 Interest (income) expense, net ( 225 ) 147 ( 830 ) 662 Income tax expense (benefit) 1,937 ( 2 ) 7,765 12,867 EBITDA 6,420 9,324 23,977 62,515 Stock-based compensation expense 1,181 2,609 4,249 7,375 Technology transformation costs (1) 1,386 1,737 4,987 4,476 Goodwill impairment (2) - 2,955 - 2,955 Acquisition costs (3) 156 - 1,282 - Restructuring costs (4) 1,643 ( 9 ) 3,898 ( 364 ) Adjusted EBITDA $ 10,786 $ 16,616 $ 38,393 $ 76,957 (1) Technology transformation costs represent costs included in net income related to the Company’s initiative to upgrade its technology platform globally, including a cloud-based enterprise resource planning system and talent acquisition and management systems. Such costs primarily include hosting and certain other software licensing costs, third-party consulting fees and costs associated with dedicated internal resources that are not capitalized. (2) The effect of the goodwill impairment charge recognized during the three and nine months ended February 25, 2023 was related to the Sitrick operating segment. (3) Acquisition costs primarily represent one-time costs included in net income related to the Company’s acquisitions, which include fees paid to the Company’s brokers and other professional services firms. See Note 4 – Acquisitions and Dispositions for further discussion. (4) The Company initiated the U.S. Restructuring Plan in October 2023 and substantially completed the plan during the second and third quarters of fiscal 2024. In addition, the Company substantially completed the Global Restructuring Plans in fiscal 2021 and the remaining accrued restructuring liability was released in fiscal 2023.

Description Of The Company An_3

Description Of The Company And Its Business (Narrative) (Details)	9 Months Ended		12 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	May 25, 2024
Description of the Company and its Business [Line Items]
Fiscal period duration	91 days	91 days
Scenario, Plan [Member]
Description of the Company and its Business [Line Items]
Fiscal period duration			364 days
Minimum [Member]
Description of the Company and its Business [Line Items]
Fiscal period duration	364 days
Maximum [Member]
Description of the Company and its Business [Line Items]
Fiscal period duration	371 days

Summary Of Significant Accoun_4

Summary Of Significant Accounting Policies (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023	May 27, 2023
Business Acquisition [Line Items]
Capitalized costs related to hosting arrangements	$ 14,100,000		$ 14,100,000		$ 6,000,000
Capitalized costs related to hosting arrangements, amortization	100,000	$ 0	100,000	$ 0
CloudGo [Member]
Business Acquisition [Line Items]
Contingent consideration liability	$ 4,500,000		$ 4,500,000

Summary Of Significant Accoun_5

Summary Of Significant Accounting Policies (Calculation Of Net Income Per Common Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Net income	$ 2,550	$ 7,019	$ 10,562	$ 42,591
Weighted-average shares outstanding:
Basic weighted-average shares	33,463	33,466	33,428	33,418
Effect of dilutive shares:
Basic weighted-average shares	33,463	33,466	33,428	33,418
Diluted weighted-average shares outstanding	33,759	34,149	33,906	34,245
Net income per common share:
Basic (per share)	$ 0.08	$ 0.21	$ 0.32	$ 1.27
Diluted (per share)	$ 0.08	$ 0.21	$ 0.31	$ 1.24
Anti-dilutive shares not included above	2,360	694	1,929	650
Stock Options [Member]
Effect of dilutive shares:
Potentially dilutive shares	43	345	76	416
Employee Stock Purchase Plan [Member]
Effect of dilutive shares:
Potentially dilutive shares	20	36	7	4
Restricted Stock [Member]
Effect of dilutive shares:
Potentially dilutive shares	16	34	56	64
Restricted Stock Units [Member]
Effect of dilutive shares:
Potentially dilutive shares	52	128	183	236
Performance Stock Units [Member]
Effect of dilutive shares:
Potentially dilutive shares	165	140	156	107

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Feb. 24, 2024	Feb. 24, 2024	May 27, 2023
Revenue Recognition [Abstract]
Contract assets	$ 27.9	$ 27.9	$ 35.4
Contract liabilities	3.3	3.3	$ 3.1
Deferred revenue recognized	$ 0.4	$ 2.5

Acquisitions And Dispositions_2

Acquisitions And Dispositions (Narrative) (Details) $ in Thousands, € in Millions					3 Months Ended		9 Months Ended		12 Months Ended
	Nov. 15, 2023 USD ($) item	May 31, 2022 USD ($)	May 31, 2022 EUR (€)	Apr. 21, 2022 EUR (€)	Feb. 24, 2024 USD ($)	Feb. 25, 2023 USD ($)	Feb. 24, 2024 USD ($)	Feb. 25, 2023 USD ($)	May 27, 2023 USD ($)	May 27, 2023 EUR (€)	May 31, 2022 EUR (€)
Acquisitions And Dispositions [Line Items]
Contingent consideration liability, current					$ 1,774		$ 1,774
Revenue					151,307	$ 186,777	484,603	$ 591,194
Acquisition costs					156		1,282
Goodwill					216,955		216,955		$ 206,722
Proceeds from dispositions of subsidiary								2,984
Gain on sale of business								238
CloudGo [Member]
Acquisitions And Dispositions [Line Items]
Interest acquired	100%
Cash consideration paid, net of cash acquired	$ 7,400
Cash acquired from acquisition	300
Contingent consideration, maximum	$ 12,000
Contingent consideration, number of measurement periods \| item	2
Contingent consideration, duration of measurement periods	1 year
Contingent consideration liability, noncurrent	$ 4,500				2,700		2,700
Contingent consideration liability, current					1,800		1,800
Revenue					1,900		2,000
Acquisition costs					$ 200		$ 1,300
Goodwill	10,064
Customer Relationships [Member] \| CloudGo [Member]
Acquisitions And Dispositions [Line Items]
Identifiable intangible assets acquired	$ 3,100
Identifiable intangible assets acquired, weighted average useful life	10 years 11 months 8 days
Customer Relationships [Member] \| Minimum [Member] \| CloudGo [Member]
Acquisitions And Dispositions [Line Items]
Intangible assets, useful lives	9 years
Customer Relationships [Member] \| Maximum [Member] \| CloudGo [Member]
Acquisitions And Dispositions [Line Items]
Intangible assets, useful lives	12 years
Taskforce [Member]
Acquisitions And Dispositions [Line Items]
Disposition consideration		$ 6,000		€ 5.5							€ 5.5
Percent of consideration to be paid at closing				50%
Percent of consideration payable				50%
Proceeds from dispositions of subsidiary		3,000	€ 2.8
Receivable from disposition of business		$ 3,000									€ 2.7
Amount received of repayment on the note receivable									$ 3,000	€ 2.7
Gain on sale of business								$ 200
Taskforce [Member] \| Purchasers [Member]
Acquisitions And Dispositions [Line Items]
Interest spread on variable rate				2.85%

Acquisitions And Dispositions_3

Acquisitions And Dispositions (Summary Of Fair Value Of Consideration Transferred) (Details) - CloudGo [Member] $ in Thousands	Nov. 15, 2023 USD ($)
Acquisitions And Dispositions [Line Items]
Cash	$ 7,753
Contingent consideration	4,500
Total	$ 12,253

Acquisitions And Dispositions_4

Acquisitions And Dispositions (Summary Of Recognized Amounts Of Assets Acquired And Liabilities Assumed) (Details) - USD ($) $ in Thousands	Feb. 24, 2024	Nov. 15, 2023	May 27, 2023
Acquisitions And Dispositions [Line Items]
Goodwill	$ 216,955		$ 206,722
CloudGo [Member]
Acquisitions And Dispositions [Line Items]
Cash and cash equivalents		$ 342
Trade accounts receivable		778
Prepaid expenses and other current assets		91
Income taxes receivable		2
Intangible assets		3,100
Property and equipment		36
Total identifiable assets		4,349
Accrued payable and other accrued expenses		411
Accrued salaries and related obligations		363
Deferred tax liabilities		820
Other liabilities		566
Total liabilities assumed		2,160
Net identifiable assets acquired		2,189
Goodwill		10,064
Net assets acquired		$ 12,253

Assets Held for Sale (Summary O

Assets Held for Sale (Summary Of Information Related To Major Classes Of Assets Classified As Held For Sale) (Details) - Disposal Group, Held-for-sale, Not Discontinued Operations [Member] - Irvine Office Building [Member] $ in Thousands	Feb. 24, 2024 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale, gross	$ 16,195
Less: accumulated depreciation and amortization	7,286
Total assets held for sale, net	8,909
Building and Land [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale, gross	14,309
Leasehold Improvements [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale, gross	321
Furniture and Fixtures [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale, gross	$ 1,565

Goodwill And Intangible Asset_2

Goodwill And Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Goodwill And Intangible Assets [Abstract]
Amortization expense	$ 1,413	$ 1,275	$ 4,048	$ 3,743

Goodwill And Intangible Asset_3

Goodwill And Intangible Assets (Summary Of Activity In Goodwill Balance) (Details) $ in Thousands	9 Months Ended
	Feb. 24, 2024 USD ($)
Goodwill [Line Items]
Goodwill, beginning of period	$ 206,722
Acquisition (see Note 4)	10,064
Impact of foreign currency exchange rate changes	169
Goodwill, end of period	216,955
RGP [Member]
Goodwill [Line Items]
Goodwill, beginning of period	206,722
Acquisition (see Note 4)	10,064
Impact of foreign currency exchange rate changes	169
Goodwill, end of period	$ 216,955

Goodwill And Intangible Asset_4

Goodwill And Intangible Assets (Summary Of Intangible Assets And Related Accumulated Amortization) (Details) - USD ($) $ in Thousands	9 Months Ended
	Feb. 24, 2024	May 27, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 32,970	$ 29,541
Accumulated Amortization	(22,068)	(18,020)
Net Carrying Amount	10,902	11,521
Customer Contracts And Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	25,100	22,000
Accumulated Amortization	(16,058)	(13,802)
Net Carrying Amount	$ 9,042	8,198
Customer Contracts And Relationships [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	3 years
Customer Contracts And Relationships [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	12 years
Computer Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 7,870	7,541
Accumulated Amortization	(6,010)	(4,218)
Net Carrying Amount	$ 1,860	$ 3,323
Computer Software [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	2 years
Computer Software [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	3 years 6 months

Goodwill And Intangible Asset_5

Goodwill And Intangible Assets (Summary Of Future Estimated Amortization Expense) (Details) $ in Thousands	Feb. 24, 2024 USD ($)
Goodwill And Intangible Assets [Abstract]
2024 (remaining three months)	$ 1,330
2025	4,097
2026	2,793
2027	593
2028 and thereafter	2,089
Total	$ 10,902

Leases (Narrative) (Details)

Leases (Narrative) (Details) - California [Member]	Feb. 24, 2024 ft²
Lessee, Lease, Description [Line Items]
Area of real estate property	57,000
Leases To Independent Third Parties [Member]
Lessee, Lease, Description [Line Items]
Area of real estate property	13,000

Leases (Lease Cost Components)

Leases (Lease Cost Components) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Leases [Abstract]
Operating lease cost	$ 1,829	$ 1,891	$ 5,545	$ 5,364
Short-term lease cost	52	32	154	64
Variable lease cost	380	336	1,188	925
Sublease income	(220)	(113)	(551)	(402)
Total lease cost	$ 2,041	$ 2,146	$ 6,336	5,951
Amount reduced from settlement agreement involving office space leased				$ 400

Leases (Lease Term And Discount

Leases (Lease Term And Discount Rate) (Details)	Feb. 24, 2024	May 27, 2023
Leases [Abstract]
Weighted-average remaining lease term	3 years 6 months	3 years 4 months 24 days
Weighted-average discount rate	4.32%	3.97%

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Information Related To Operating Leases) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 2,106	$ 2,269	$ 6,435	$ 7,045
Right-of-use assets obtained in exchange for new operating lease obligations	$ 338	$ 217	$ 3,258	$ 4,206

Leases (Maturities Of Operating

Leases (Maturities Of Operating Lease Liabilities) (Details) $ in Thousands	Feb. 24, 2024 USD ($)
Leases [Abstract]
2024 (remaining three months)	$ 1,953
2025	5,214
2026	3,562
2027	2,244
2028	1,871
Thereafter	1,369
Total future lease payments	16,213
Less: interest	(1,415)
Present value of operating lease liabilities	$ 14,798

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details) ¥ in Millions		9 Months Ended
Long-Term Debt (Narrative) (Details) ¥ in Millions	Nov. 02, 2022 USD ($)	Feb. 24, 2024 USD ($)	Feb. 24, 2024 CNY (¥)	May 27, 2023 USD ($)	Nov. 02, 2022 CNY (¥)
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 1,800,000				¥ 13.4
Credit facility, remaining borrowing capacity		$ 1,900,000	¥ 13.4
Credit facility, outstanding balance		$ 0
Revolving Credit Facility [Member] \| Prime Rate [Member]
Debt Instrument [Line Items]
Interest spread on variable rate	0.80%
Credit Facility [Member]
Debt Instrument [Line Items]
Maturity date		Nov. 12, 2026
Credit facility, remaining borrowing capacity		$ 173,600,000
Credit facility, outstanding balance		0		$ 0
Credit Facility [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		175,000,000
Option to increase capacity, amount		75,000,000
Credit Facility [Member] \| Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		10,000,000
Credit facility, outstanding balance		1,400,000		$ 800,000
Credit Facility [Member] \| Swingline [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		$ 20,000,000
Credit Facility [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Credit facility, commitment fee		0.20%
Credit Facility [Member] \| Minimum [Member] \| SOFR [Member]
Debt Instrument [Line Items]
Interest spread on variable rate		1.25%
Credit Facility [Member] \| Minimum [Member] \| Base Rate [Member]
Debt Instrument [Line Items]
Interest spread on variable rate		0.25%
Credit Facility [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Credit facility, commitment fee		0.30%
Credit Facility [Member] \| Maximum [Member] \| SOFR [Member]
Debt Instrument [Line Items]
Interest spread on variable rate		2%
Credit Facility [Member] \| Maximum [Member] \| Base Rate [Member]
Debt Instrument [Line Items]
Interest spread on variable rate		1%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
Income Taxes (Narrative) (Details) - USD ($)	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023	May 27, 2023
Income Taxes [Abstract]
Tax benefit related to stock-based compensation	$ 100,000	$ 200,000	$ 1,300,000	$ 2,000,000
Income tax expense	1,937,000	$ (2,000)	7,765,000	$ 12,867,000
Unrecognized tax benefits	1,000,000		1,000,000		$ 1,000,000
Unrecognized tax benefit classified as short-term liability	$ 0		$ 0
Effective tax rate	43.20%	0.10%	42.40%	23.20%

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
	Jan. 17, 2024	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023	May 27, 2023	Jul. 31, 2015
Stockholders' Equity Disclosure [Line Items]
Purchase of common stock, amount				$ 5,000	$ 10,507
Dividends paid (per share)	$ 0.14
Dividends payable, current		$ 4,700		$ 4,700		$ 4,700
July 2015 Program [Member]
Stockholders' Equity Disclosure [Line Items]
Amount authorized under a stock repurchase program							$ 150,000
Purchase of common stock (in shares)		0	300,000	353,858	618,438
Purchase of common stock, price per share			$ 17.19	$ 14.13	$ 16.99
Purchase of common stock, amount			$ 5,200	$ 5,000	$ 10,500
Stock repurchase plan, remaining amount		$ 45,200		$ 45,200

Restructuring Activities (Narra

Restructuring Activities (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
Restructuring Activities (Narrative) (Details) - USD ($)	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023	May 27, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 1,643,000	$ (9,000)	$ 3,898,000	$ (364,000)
United States Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Workforce reduction percentage	12%
Restructuring costs	$ 1,600,000		3,900,000
Global Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs		$ 0		$ (400,000)
Restructuring liability	$ 1,700,000		$ 1,700,000		$ 0

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans (Narrative) (Details) - USD ($)		3 Months Ended		9 Months Ended
	Oct. 20, 2022	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 1,181,000	$ 2,609,000	$ 4,249,000	$ 7,375,000
Tax benefit related to stock-based compensation		200,000	$ 500,000	800,000	$ 1,500,000
Unrecognized compensation cost related to stock-based compensation		$ 0		$ 0
Performance Incentive Plan 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock made available for awards		1,797,440		1,797,440
Stock options termination period				10 years
Shares available for grant		1,125,496		1,125,496
Vesting period				3 years
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock made available for awards		3,325,000		3,325,000
Increase in shares available for issuance	1,500,000
Shares available for grant		1,323,246		1,323,246
Percentage of exercise price per share out of fair market value				85%
Common stock issued				455,678	393,060
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to stock-based compensation		$ 2,700,000		$ 2,700,000
Weighted-average period of cost to be recognized				1 year 7 months 6 days
Equity-Classified Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to stock-based compensation		6,700,000		$ 6,700,000
Weighted-average period of cost to be recognized				1 year 9 months 18 days
Liability-Classified Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to stock-based compensation		700,000		$ 700,000
Weighted-average period of cost to be recognized				1 year 10 months 28 days
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				3 years
Unrecognized compensation cost related to stock-based compensation		$ 2,000,000		$ 2,000,000
Weighted-average period of cost to be recognized				1 year 11 months 23 days
Minimum [Member] \| Performance Incentive Plan 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				3 years
Minimum [Member] \| Performance Stock Units [Member] \| Three Year Performance Period [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage				0%
Maximum [Member] \| Performance Incentive Plan 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				4 years
Maximum [Member] \| Performance Stock Units [Member] \| Three Year Performance Period [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage				150%

Stock-Based Compensation Plan_3

Stock-Based Compensation Plans (Summary Of Stock Option Activity) (Details) - $ / shares shares in Thousands	9 Months Ended
	Feb. 24, 2024
Stock-Based Compensation Plans [Abstract]
Outstanding, Beginning balance	2,648
Exercised	(32)
Forfeited	(9)
Expired	(344)
Outstanding, Ending balance	2,263
Exercisable	2,263
Vested, Ending balance	2,263
Beginning balance, Weighted Average Exercise Price (per share)	$ 16.44
Exercised, Weighted Average Exercise Price (per share)	14.29
Forfeited, Weighted Average Exercise Price (per share)	17.44
Expired, Weighted Average Exercise Price (per share)	16.97
Ending balance, Weighted Average Exercise Price (per share)	16.39
Exercisable, Weighted Average Exercise Price (per share)	16.39
Vested, Ending balance, Weighted Average Exercise Price (per share)	$ 16.39

Stock-Based Compensation Plan_4

Stock-Based Compensation Plans (Summary Of Unvested Restricted Stock Awards) (Details) - Restricted Stock [Member] shares in Thousands	9 Months Ended
	Feb. 24, 2024 $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, beginning balance \| shares	209
Granted, Shares \| shares	113
Vested, Shares \| shares	(99)
Unvested, ending balance, Shares \| shares	223
Expected to vest, Shares \| shares	197
Outstanding, beginning balance, Weighted Average Grant-Date Fair Value \| $ / shares	$ 17.19
Granted, Weighted Average Grant-Date Fair Value \| $ / shares	13.79
Vested, Weighted Average Grant-Date Fair Value \| $ / shares	16.33
Unvested, ending balance, Weighted Average Grant-Date Fair Value \| $ / shares	15.84
Expected to vest, Weighted Average Grant-Date Fair Value \| $ / shares	$ 15.89

Stock-Based Compensation Plan_5

Stock-Based Compensation Plans (Summary Of Unvested Restricted Stock Unit Activity) (Details) shares in Thousands	9 Months Ended
	Feb. 24, 2024 $ / shares shares
Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, beginning balance \| shares	691
Granted, Shares \| shares	324
Vested, Shares \| shares	(222)
Forfeited, Shares \| shares	(146)
Unvested, ending balance, Shares \| shares	647
Expected to vest, Shares \| shares	577
Outstanding, beginning balance, Weighted Average Grant-Date Fair Value \| $ / shares	$ 15.85
Granted, Weighted Average Grant-Date Fair Value \| $ / shares	13.67
Vested, Weighted Average Grant-Date Fair Value \| $ / shares	15.11
Forfeited, Weighted Average Grant-Date Fair Value \| $ / shares	15.59
Unvested, ending balance, Weighted Average Grant-Date Fair Value \| $ / shares	15.08
Expected to vest, Weighted Average Grant-Date Fair Value \| $ / shares	$ 15.09
Equity-Classified Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, beginning balance \| shares	631
Granted, Shares \| shares	298
Vested, Shares \| shares	(184)
Forfeited, Shares \| shares	(146)
Unvested, ending balance, Shares \| shares	599
Expected to vest, Shares \| shares	529
Outstanding, beginning balance, Weighted Average Grant-Date Fair Value \| $ / shares	$ 15.78
Granted, Weighted Average Grant-Date Fair Value \| $ / shares	13.63
Vested, Weighted Average Grant-Date Fair Value \| $ / shares	14.91
Forfeited, Weighted Average Grant-Date Fair Value \| $ / shares	15.59
Unvested, ending balance, Weighted Average Grant-Date Fair Value \| $ / shares	15.04
Expected to vest, Weighted Average Grant-Date Fair Value \| $ / shares	$ 15.04
Liability-Classified Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, beginning balance \| shares	60
Granted, Shares \| shares	26
Vested, Shares \| shares	(38)
Unvested, ending balance, Shares \| shares	48
Expected to vest, Shares \| shares	48
Outstanding, beginning balance, Weighted Average Grant-Date Fair Value \| $ / shares	$ 16.55
Granted, Weighted Average Grant-Date Fair Value \| $ / shares	14.19
Vested, Weighted Average Grant-Date Fair Value \| $ / shares	16.10
Unvested, ending balance, Weighted Average Grant-Date Fair Value \| $ / shares	15.64
Expected to vest, Weighted Average Grant-Date Fair Value \| $ / shares	$ 15.64

Stock-Based Compensation Plan_6

Stock-Based Compensation Plans (Summary Of Unvested Performance Stock Units Activity) (Details) - Performance Stock Units [Member] shares in Thousands	9 Months Ended
	Feb. 24, 2024 $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, beginning balance \| shares	434
Granted, Shares \| shares	294
Forfeited, Shares \| shares	(99)
Unvested, ending balance, Shares \| shares	629
Expected to vest, Shares \| shares	539
Outstanding, beginning balance, Weighted Average Grant-Date Fair Value \| $ / shares	$ 18.32
Granted, Weighted Average Grant-Date Fair Value \| $ / shares	13.63
Forfeited, Weighted Average Grant-Date Fair Value \| $ / shares	18.21
Unvested, ending balance, Weighted Average Grant-Date Fair Value \| $ / shares	16.17
Expected to vest, Weighted Average Grant-Date Fair Value \| $ / shares	$ 16.44
Minimum [Member] \| Three Year Performance Period [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage	0%
Maximum [Member] \| Three Year Performance Period [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage	150%

Segment Information And Enter_3

Segment Information And Enterprise Reporting (Summary Of Operating Results Of Segments) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Segment Reporting Information [Line Items]
Revenue	$ 151,307	$ 186,777	$ 484,603	$ 591,194
Adjusted EBITDA	10,786	16,616	38,393	76,957
Reconciling Items [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	(8,344)	(8,817)	(24,596)	(25,135)
RGP [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	148,995	184,270	477,374	582,849
Adjusted EBITDA	19,376	25,320	63,697	101,331
Other Segments [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	2,312	2,507	7,229	8,345
Adjusted EBITDA	$ (246)	$ 113	$ (708)	$ 761

Segment Information And Enter_4

Segment Information And Enterprise Reporting (Reconciliation Of Net Income To Adjusted EBITDA) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 24, 2024	Feb. 25, 2023	Feb. 24, 2024	Feb. 25, 2023
Segment Information And Enterprise Reporting [Abstract]
Net income	$ 2,550	$ 7,019	$ 10,562	$ 42,591
Amortization expense	1,413	1,275	4,048	3,743
Depreciation expense	745	885	2,432	2,652
Interest (income) expense, net	(225)	147	(830)	662
Income tax expense (benefit)	1,937	(2)	7,765	12,867
EBITDA	6,420	9,324	23,977	62,515
Stock-based compensation expense	1,181	2,609	4,249	7,375
Technology transformation costs	1,386	1,737	4,987	4,476
Goodwill impairment		2,955		2,955
Acquisition costs	156		1,282
Restructuring costs	1,643	(9)	3,898	(364)
Adjusted EBITDA	$ 10,786	$ 16,616	$ 38,393	$ 76,957

Subsequent Event (Narrative) (D

Subsequent Event (Narrative) (Details)	Mar. 27, 2024
Subsequent Event [Member] \| Reference Point LLC [Member] \| Membership Interest Purchase Agreement [Member]
Subsequent Event [Line Items]
Interest acquired	100%