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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Shares
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interests
Beginning balance at Apr. 27, 2019 $ 696,976 $ 46,955 $ 313,168 $ 325,847 $ (3,462) $ 14,468
Increase (Decrease) in Stockholders' Equity            
Net income (loss) 17,988     18,069   (81)
Other comprehensive income 767       281 486
Stock issued for stock and employee benefit plans, net of cancellations and withholding tax (1,417) 126 126 (1,669)    
Repurchases of 391 shares of common stock (12,313) (391) (3,762) (8,160)    
Stock option and restricted stock expense 1,675   1,675      
Reclassification of certain income tax effects [1] 0     547 (547)  
Dividends declared and paid (6,112)     (6,112)    
Ending balance at Jul. 27, 2019 698,138 46,690 311,207 329,096 (3,728) 14,873
Beginning balance at Apr. 25, 2020 716,306 45,857 318,215 343,633 (6,952) 15,553
Increase (Decrease) in Stockholders' Equity            
Net income (loss) 4,679     4,798   (119)
Other comprehensive income 2,218       1,720 498
Stock issued for stock and employee benefit plans, net of cancellations and withholding tax (1,749) 132 (195) (1,686)    
Stock option and restricted stock expense 2,047   2,047      
Dividends declared and paid [2] (8,502)     5   (8,507)
Ending balance at Jul. 25, 2020 $ 714,999 $ 45,989 $ 320,067 $ 346,750 $ (5,232) $ 7,425
[1]
Income tax effects of the Tax Cuts and Jobs Act are reclassified from Accumulated Other Comprehensive Income ("AOCI") to retained earnings due to the adoption of ASU 2018-02.
[2] dividends to shareholders were declared or paid during the first quarter of fiscal 2021; amount includes dividends forfeited from restricted stock awards previously granted. Non-controlling interests include dividends paid to joint venture minority partners resulting from the repatriation of dividends from our foreign earnings that we no longer consider permanently reinvested.