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DERIVATIVES (Tables)
12 Months Ended
Apr. 29, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments

In accordance with the provisions of ASC Topic 815, Derivatives and Hedging, our EURO foreign exchange contract was designated as a cash flow hedge, with the fair value of these financial instruments recorded in other assets and changes in fair value recorded in accumulated other comprehensive income. ASC Topic 815 requires disclosure of gains and losses on derivative instruments in the following tabular format.

 

    

(Amounts in Thousands)

Fair Values of Derivative Instruments

 
    

April 29, 2018

     April 30, 2017  

Derivatives designated as hedging instruments under ASC Topic 815

  

Balance

Sheet

Location

   Fair
Value
     Balance
Sheet
Location
     Fair
Value
 

Euro Foreign Exchange Contract

   Accrued Expenses    $ 55        N/A      $ —    
Schedule of Gains and Losses on Derivative Instruments

Derivatives in
ASC Topic 815

Net Investment

Hedging
Relationships

   Amt of Gain (Loss) (net of
tax) Recognized in OCI on
Derivative (Effective
Portion) and recorded in
Accrued Expenses at Fair
Value
    

Location of Gain or
(Loss) Reclassified
from Accumulated OCI
into Income

(Effective Portion)

     Amount of Gain or (Loss)
Reclassified from
Accumulated OCI into
Income (Effective Portion)
     Location of Gain or
(Loss) Recognized in
Income on Derivative
(Ineffective Portion
and Amount Excluded
from Effectiveness
Testing)
     Amount of Gain (loss) (net of tax)
Recognized in Income on
Derivative (Ineffective Portion
and Amount Excluded from
Effectiveness Testing)
 
     2018     2017      2016             2018      2017      2016             2018      2017      2016  
                                                                             

EURO Foreign Exchange Contract

   $ (55   $ —        $ —          Other Exp      $ —        $ —        $ —          Other Exp      $ —        $ —        $ —