Income Taxes Income Taxes (Tables)

12 Months Ended

Apr. 28, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax (benefits) provisions for Fiscal 2018, Fiscal 2017 and Fiscal 2016 are as follows:

	Fiscal 2018			Fiscal 2017			Fiscal 2016
Current:
Federal (a)	$	(8,089	)	$	14,872		$	13,019
State	2,410			1,819			1,783
Total current	(5,679		)	16,691			14,802
Deferred:
Federal (a)	(13,250		)	(9,238		)	(9,922		)
State	(1,514		)	(2,723		)	(2,213		)
Total deferred	(14,764		)	(11,961		)	(12,135		)
Total	$	(20,443	)	$	4,730		$	2,667

(a) Income tax benefit caused largely by the revaluation due to the change in the U.S. corporate income tax rate from 35% to 21% as described above.

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciliation between the effective income tax rate and the federal statutory income tax rate is as follows:

	Fiscal 2018		Fiscal 2017		Fiscal 2016
Federal statutory income tax rate (a)	34.1	%	35.0	%	35.0	%
State income taxes, net of federal income tax benefit	(0.3	)	(5.8	)	(15.2	)
Valuation allowances	—		—		50.6
Permanent book / tax differences	(0.7	)	25.5		31.1
Goodwill impairment	(34.2	)	—		—
Provisional remeasurement due to Tax Legislation	7.5		—		—
Credits	0.2		(5.5	)	(5.4	)
Other, net	0.9		(2.3	)	0.8
Effective income tax rate	7.5	%	46.9	%	96.9	%

(a)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The significant components of our deferred taxes consisted of the following:

	As of
	April 28, 2018			April 29, 2017
Deferred tax assets:
Estimated accrued liabilities	$	9,375		$	13,047
Inventory	8,256			16,969
Stock-based compensation	1,374			1,780
Insurance liability	474			881
Lease transactions	1,095			1,826
Property and equipment	2,803			8,728
Tax credits	220			206
Goodwill	9,105			—
Net operating losses	5,834			4,916
Other	4,356			5,106
Gross deferred tax assets	42,892			53,459
Valuation allowance	(932		)	(1,392		)
Net deferred tax assets	41,960			52,067
Deferred tax liabilities:
Intangible asset amortization	(44,066		)	(68,938		)
Gross deferred tax liabilities	(44,066		)	(68,938		)
Net deferred tax liabilities	$	(2,106	)	$	(16,871	)

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

Balance at May 2, 2015	$	215
Additions for tax positions of the current period	21
Additions for tax positions of prior periods	—
Reductions due to settlements	—
Other reductions for tax positions of prior periods	(215		)
Balance at April 30, 2016	$	21
Additions for tax positions of the current period	40
Additions for tax positions of prior periods	25
Reductions due to settlements	—
Other reductions for tax positions of prior periods	—
Balance at April 29, 2017	$	86
Additions for tax positions of the current period	25
Additions for tax positions of prior periods	2
Reductions due to settlements	—
Other reductions for tax positions of prior periods	(16		)
Balance at April 28, 2018	$	97