Stock-Based Compensation (Tables)

12 Months Ended

Apr. 28, 2012

Weighted Average Assumptions Relating to Valuation of Stock Options

The weighted average assumptions relating to the valuation of the Company’s stock options for fiscal years 2012 and 2010 are shown below. No stock options were granted during fiscal 2011.

Fiscal Year	2012			2010
Weighted average fair value of grants	$	9.85		$	5.72
Volatility		78.52	%		41.30	%
Risk-free interest rate		0.92	%		2.59	%
Expected life		5 years			5 years
Expected dividend yield		0.00	%		4.53	%

Summary of Stock Option Activity

The following table presents a summary of the Company’s stock option activity:

	Number of Shares (in thousands)			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value (in thousands)
Balance, May 2, 2009		5,561		$	20.14		3.83 years	$	33,633
Granted		500			22.07
Exercised		(313	)		13.96
Forfeited		(250	)		30.69
Balance, May 1, 2010		5,498			20.19		3.49 years	$	13,782
Exercised		(1,024	)		16.83
Forfeited		(598	)		20.57
Balance, April 30, 2011		3,876			21.02		3.40 years		—
Granted		1,563			15.70
Exercised		(92	)		11.89
Forfeited		(1,487	)		21.86
Balance, April 28, 2012		3,860		$	18.76		5.70 years	$	574
Vested and expected to vest in the future at April 28, 2012		3,860		$	18.76		5.70 years	$	574
Exercisable at April 28, 2012		2,132		$	20.74		2.68 years	$	515
Available for grant at April 28, 2012		1,001

Restricted Stock

Summary of Other Than Option Award Activity

The following table presents a summary of the Company’s restricted stock activity:

	Number of Shares (in thousands)			Weighted Average Grant Date Fair Value
Balance, May 2, 2009		1,235		$	30.86
Granted		1,647			21.93
Vested		(429	)		33.18
Forfeited		(123	)		30.41
Balance, May 1, 2010		2,330			24.15
Granted		684			16.65
Vested		(435	)		27.99
Forfeited		(154	)		24.76
Balance, April 30, 2011		2,425			21.31
Granted		83			13.23
Vested		(1,073	)		22.78
Forfeited		(51	)		21.52
Balance, April 28, 2012		1,384		$	19.68

Restricted Stock Units (RSUs)

Summary of Other Than Option Award Activity

The following table presents a summary of the Company’s restricted stock unit activity:

	Number of Shares (in thousands)			Weighted Average Grant Date Fair Value
Balance, April 30, 2011		—		$	—
Granted		969			16.64
Forfeited		(5	)		18.59
Balance, April 28, 2012		964		$	16.63