Summary of Significant Accounting Policies (Tables)

6 Months Ended

Oct. 28, 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		Six Months Ended
(in thousands)	October 28, 2016	October 23, 2015	October 28, 2016	October 23, 2015
Basic	19,825	22,115	19,807	22,421
Dilutive shares	139	118	175	151
Diluted	19,964	22,233	19,982	22,572

Schedule of Dividends Declared

Refer to table below:

	Six Months Ended
(in thousands)	October 28, 2016		October 23, 2015
Cash dividends paid to common stockholders	$	13,452	$	14,040
Dividend equivalent rights	253		213
Total dividends	$	13,705	$	14,253

Schedule of Sale Leaseback Transactions

See the table below for a summary of the unamortized deferred gains as of October 28, 2016, and April 29, 2016, respectively:

(in thousands)	October 28, 2016			April 29, 2016
Unamortized gain related to Bob Evans Restaurants' sale leaseback transaction	$	55,329		$	56,743
Unamortized gain related to BEF Foods' sale leaseback transaction	2,187			2,245
Total unamortized gains related to sale leaseback transactions	57,516			58,988
Less current portion (1)	(2,952		)	(2,952		)
Non-current deferred sale leaseback gains	$	54,564		$	56,036

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