Stock-Based Compensation (Tables)

3 Months Ended

Jul. 25, 2015

Stock-Based Compensation

Summary of total stock-based compensation expense

	Quarter Ended
(Unaudited, amounts in thousands)	7/25/15			7/26/14
Equity-based awards expense	$	3,012		$	3,010
Liability-based awards income	(439		)	(448		)
Total stock-based compensation expense	$	2,573		$	2,562

Fair value assumptions for stock options

(Unaudited)	7/25/15
Risk-free interest rate	1.54		%
Dividend rate	1.20		%
Expected life in years	5.0
Stock price volatility	44.37		%
Fair value per share	$	9.69

Fair value assumptions for SARs

(Unaudited)	Fiscal 2014 grant			Fiscal 2013 grant
Risk-free interest rate	1.07		%	0.69		%
Dividend rate	1.28		%	1.28		%
Expected life in years	2.90			1.98
Stock price volatility	31.07		%	28.82		%
Fair value per share	$	7.76		$	12.65