Stock-Based Compensation (Tables)

9 Months Ended

Jan. 27, 2018

Stock-Based Compensation

Summary of total stock-based compensation expense

	Quarter Ended				Nine Months Ended
(Unaudited, amounts in thousands)	1/27/18		1/28/17		1/27/18		1/28/17
Equity-based awards expense	$	1,519	$	1,691	$	7,929	$	7,571
Liability-based awards expense	386		1,383		694		1,653
Total stock-based compensation expense	$	1,905	$	3,074	$	8,623	$	9,224

Fair value assumptions for stock options

(Unaudited)	Fiscal 2018  grant
Risk-free interest rate	1.84		%
Dividend rate	1.61		%
Expected life in years	5.00
Stock price volatility	32.12		%
Fair value per share	$	7.16

Fair value assumptions for SARs

(Unaudited)	Fiscal 2014  grant
Risk-free interest rate	1.50		%
Dividend rate	1.49		%
Expected life in years	0.38
Stock price volatility	28.09		%
Fair value per share	$	13.02