Note 7 - Income Taxes (Tables)

12 Months Ended

May 03, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	(In thousands)
	Fiscal		Fiscal		Fiscal
	2014		2013		2012
Current	$	19,395	$	23,359	$	23,380
Deferred		79		172		(477	)
Total	$	19,474	$	23,531	$	22,903

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	(In thousands)
	2014		2013
Deferred tax assets:
Accrued expenses and other	$	4,126	$	5,241
Inventory and amortizable assets		400		355
Total deferred tax assets		4,526		5,596
Deferred tax liabilities:
Property		15,616		16,159
Intangibles and other		98		99
Total deferred tax liabilities		15,714		16,258
Net deferred tax liabilities	$	11,188	$	10,662
Current deferred tax assets – net	$	2,685	$	3,665
Noncurrent deferred tax liabilities – net	$	13,873	$	14,327

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Fiscal		Fiscal		Fiscal
	2014*		2013		2012
Statutory federal income tax rate		35.0%		35.0%		35.0%
State income taxes, net of federal benefit		2.3		1.6		2.7
Manufacturing deduction benefit		(3.0)		(3.1)		(3.1)
Adjustment of unrecognized tax benefit		(3.3)		(.2)		(.1)
Other differences		(.1)		.1		(.3)
Effective income tax rate		30.9%		33.4%		34.2%

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	(In thousands)
	Fiscal			Fiscal			Fiscal
	2014			2013			2012
Beginning balance	$	4,349		$	4,548		$	4,687
Increases due to current period tax positions		268			415			408
Decreases due to lapse of statute of limitations and audit resolutions		(2,494	)*		(614	)		(547	)
Ending balance	$	2,123		$	4,349		$	4,548