Segment Reporting Segment Reporting (Tables)

6 Months Ended

Oct. 28, 2017

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Summarized financial information for our reportable segments is reported below:

	13 weeks ended						26 weeks ended
	October 28, 2017			October 29, 2016			October 28, 2017			October 29, 2016
Sales:
BNC	$	761,787		$	770,671		$	1,011,764		$	1,009,908
MBS	134,851			—			274,652			—
Elimination	(9,777		)	—			(43,844		)	—
Total Sales	$	886,861		$	770,671		$	1,242,572		$	1,009,908
Gross Profit
BNC	$	171,725		$	171,514		$	220,462		$	218,927
MBS	33,175			—			60,764			—
Elimination	11,658			—			45			—
Total Gross Profit	$	216,558		$	171,514		$	281,271		$	218,927
Depreciation and Amortization
BNC	$	15,086		$	12,987		$	28,468		$	25,908
MBS	1,618			—			3,253			—
Total Depreciation and Amortization	$	16,704		$	12,987		$	31,721		$	25,908
Operating Income
BNC (a),(b)	$	55,062		$	56,760		$	(1,050	)	$	3,998
MBS	16,536			—			28,722			—
Elimination	11,658			—			45			—
Total Operating Income	$	83,256		$	56,760		$	27,717		$	3,998
The following is a reconciliation of segment Operating Income to consolidated Income Before Income Taxes:
Total Operating Income	$	83,256		$	56,760		$	27,717		$	3,998
Interest Expense, net	(1,836		)	(630		)	(4,874		)	(1,296		)
Total Income Before Income Taxes	$	81,420		$	56,130		$	22,843		$	2,702

(a) During the 26 weeks ended October 28, 2017, we recognized expenses totaling approximately $5,361 related to the resignation of Mr. Max J. Roberts as Chief Executive Officer of the Company and the appointment of Mr. Michael P. Huseby to the position of Chief Executive Officer and Chairman of the Board, both effective as of September 19, 2017. For additional information, refer to Note 9. Supplemental Information - Restructuring and Other Charges of this Form 10-Q.

(b) On August 3, 2017, we acquired Student Brands, LLC, a leading direct-to-student subscription-based writing services business. The condensed consolidated financial statements for the 13 and 26 weeks ended October 28, 2017 include the financial results of Student Brands in the BNC segment from the date of acquisition, August 3, 2017, and the condensed consolidated financial statements for the 13 and 26 weeks ended October 29, 2016 exclude the financial results of Student Brands.