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Sale Leaseback Transactions (Tables)
12 Months Ended
Apr. 29, 2016
Leases [Abstract]  
Summary of Sale Leaseback Transactions
Refer to the table below for a summary of our BEF Foods sale leaseback transaction:
(in thousands)
Lima, Ohio
 
Sulphur Springs, Texas
Selling Price
$
25,284

 
$
26,316

Direct transactions costs
(564
)
 
(606
)
Net book value of assets sold
(22,415
)
 
(29,142
)
Net gain (loss) on sale
$
2,305

(1)
$
(3,432
)
(1)    The gain on the sale of our Lima facility is deferred and will be recognized over the lease term
Refer to the table below for a summary of our Bob Evans Restaurant sale leaseback transaction:
(in thousands)
Sold Restaurants
Selling Price
$
197,191

Direct transactions costs
(9,153
)
Net book value of assets sold
(139,621
)
Deferred gain on sale
(56,868
)
Loss on sale recorded in fiscal 2016 4th quarter
$
(8,451
)