NET INCOME PER SHARE

12 Months Ended

Apr. 29, 2018

Earnings Per Share [Abstract]

NET INCOME PER SHARE

16. NET INCOME PER SHARE

Basic net income per share is computed using the weighted-average number of shares outstanding during the period. Diluted net income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method. Weighted average shares used in the computation of basic and diluted net income per share are as follows:

(in thousands)	2018		2017		2016
weighted-average common shares outstanding, basic		12,431		12,312		12,302
dilutive effect of stock-based compensation		202		206		173
weighted-average common shares outstanding, diluted		12,633		12,518		12,475

All options to purchase shares of common stock were included in the computation of diluted net income for fiscal years 2018, 2017, and 2016, as the exercise price of the options was less than the average market price of common shares.