Property, Plant and Equipment

12 Months Ended

Apr. 27, 2013

Property, Plant and Equipment [Abstract]

Note 5: Property, Plant and Equipment

(Amounts in thousands)	Estimated Useful Lives		4/27/2013			4/28/2012
Buildings and building fixtures	3-40 years		$	171,346		$	168,451
Machinery and equipment	3-15 years			141,924			141,476
Information systems and software	3-10 years			62,005			56,621
Land		—		18,433			15,158
Land improvements	3-30 years			10,772			10,772
Transportation equipment	3-10 years			17,855			17,595
Furniture and fixtures	3-20 years			14,204			12,335
Construction in progress				4,496			7,249
				441,035			429,657
Accumulated depreciation				(322,975	)		(315,291	)
Net property, plant and equipment			$	118,060		$	114,366

Depreciation expense for the fiscal years ended April 27, 2013, April 28, 2012, and April 30, 2011, was $19.8 million, $21.3 million, and $22.0 million, respectively.

Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset or asset group may not be recoverable. We did not have any long-lived asset impairments during fiscal 2013 or fiscal 2012. During fiscal 2011, the estimated undiscounted cash flows (based upon, among other things, our annual forecasting process) related to certain locations were less than the carrying value of the underlying assets. As a result, we recorded an impairment charge of $1.8 million for several locations owned by our then consolidated California VIE and $1.3 million for various other company owned stores. In addition, during fiscal 2011 we decided to vacate one of our facilities and recorded an impairment charge of $1.3 million representing the full carrying value of leasehold improvements at that location.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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