Stock-Based Compensation (Tables)

6 Months Ended

Oct. 29, 2016

Stock-Based Compensation

Summary of total stock-based compensation expense

	Quarter Ended					Six Months Ended
(Unaudited, amounts in thousands)	10/29/16			10/24/15		10/29/16		10/24/15
Equity-based awards expense	$	2,551		$	2,111	$	5,880	$	5,123
Liability-based awards (income) expense	(1,229		)	1,507		270		1,068
Total stock-based compensation expense	$	1,322		$	3,618	$	6,150	$	6,191

Fair value assumptions for stock options

(Unaudited)	Fiscal 2017 grant
Risk-free interest rate	1.30		%
Dividend rate	1.54		%
Expected life in years	5.00
Stock price volatility	38.87		%
Fair value per share	$	7.99

Fair value assumptions for SARs

(Unaudited)	Fiscal 2014 grant			Fiscal 2013 grant
Risk-free interest rate	0.77		%	0.59		%
Dividend rate	1.72		%	1.72		%
Expected life in years	1.63			0.71
Stock price volatility	31.85		%	31.28		%
Fair value per share	$	5.56		$	11.06