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Subsequent Events
9 Months Ended
Jan. 25, 2013
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

14. Subsequent Events

Effective January 28, 2013, we entered into a definitive agreement to sell our operating segment, Mimi's Café, to Le Duff America, Inc. The purchase price of the transaction is $50,000, consisting of $20,000 in cash and a note for $30,000, subject to customary purchase price allocations and adjustments. The note has an annual interest rate of 1.5% and a term of seven years. The interest and note are payable in full at maturity. We will continue to provide transitional services to Mimi's Café for a period of up to one year. As a result of the definitive agreement to sell Mimi's Café, we have disclosed assets and liabilities as held for sale on the Consolidated Balance Sheets.

Effective February 15, 2013, we completed the sale of Mimi's Café to Le Duff America, Inc.

The Board of Directors approved a quarterly cash dividend of $0.275 per share. The quarterly cash dividend will be paid on March 25, 2013 to shareholders of record at the close of business on March 11, 2013.

On November 23, 2012, the Board of Directors authorized a share repurchase program of up to $25,000; with $2,000 allocated to open market or privately purchased shares of common stock pursuant to a Rule 10b-18 Plan starting immediately; and with $23,000 of which is allocated to a Rule 10b5-1 nondiscretionary trading program (“10b5-1 program”). The 10b5-1 program began on December 7, 2012 and was cancelled effective February 26, 2013. On February 26, 2013, the Board of Directors authorized a share repurchase program of up to $25,000. This program begins on March 22, 2013. The plan terminates at the earlier of the use of all authorized funds or August 14, 2013. The program authorizes Bob Evans to repurchase its outstanding common stock in the open market or through privately negotiated transactions.