Summary of Significant Accounting Policies (Tables)

3 Months Ended

Jul. 29, 2016

Accounting Policies [Abstract]

Schedule of Weighted Average Number of Shares Outstanding

The denominator is based on the following weighted-average shares outstanding:

	Three Months Ended
(in thousands)	July 29, 2016	July 24, 2015
Basic	19,792	22,733
Dilutive shares	172	148
Diluted	19,964	22,881

Schedule of Dividends Declared

Refer to table below:

	Three Months Ended
(in thousands)	July 29, 2016		July 24, 2015
Cash dividends paid to common stockholders	$	6,724	$	7,028
Dividend equivalent rights	85		124
Total dividends	$	6,809	$	7,152

Schedule of Sale Leaseback Transactions

See the table below for a summary of the unamortized deferred gains as of July 29, 2016, and April 29, 2016, respectively:

(in thousands)	July 29, 2016			April 29, 2016
Unamortized gain related to Bob Evans Restaurants' sale leaseback transaction	$	56,036		$	56,743
Unamortized gain related to BEF Foods' sale leaseback transaction	2,216			2,245
Total unamortized gains related to sale leaseback transactions	58,252			58,988
Less current portion (1)	(2,952		)	(2,952		)
Non-current deferred sale leaseback gains	$	55,300		$	56,036

⁽¹⁾    Current portion of unamortized sale leaseback gains is recorded to the other accrued expenses line on the Consolidated Balance Sheets.