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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
May. 02, 2015
May. 03, 2014
Apr. 27, 2013
Operating Activities:      
Net income $ 49,311,000 $ 43,635,000 $ 46,920,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 11,580,000 11,708,000 11,002,000
Deferred income tax provision 1,076,000 79,000 172,000
(Gain) loss on disposal of property, net (1,188,000) 51,000 63,000
Stock-based compensation 307,000 95,000 230,000
Changes in assets and liabilities:      
Trade receivables (1,746,000) 5,864,000 (2,478,000)
Inventories 990,000 (4,680,000) 1,628,000
Prepaid and other assets (605,000) (2,548,000) (2,466,000)
Accounts payable (710,000) 1,345,000 (10,614,000)
Accrued and other liabilities (995,000) (3,167,000) (4,193,000)
Net cash provided by operating activities 58,020,000 52,382,000 40,264,000
Investing Activities:      
Additions to property, plant and equipment (11,630,000) (12,124,000) (9,693,000)
Proceeds from sale of property, plant and equipment 1,905,000 62,000 77,000
Net cash used in investing activities $ (9,725,000) $ (12,062,000) (9,616,000)
Financing Activities:      
Dividends paid on common stock     (118,139,000)
Dividends paid on preferred stock $ (239,000) $ (659,000) (12,000)
(Repayments) borrowings under credit facilities, net (20,000,000) (20,000,000) 50,000,000
(Redemption) issuance of preferred stock (6,000,000) (8,000,000) 19,704,000
Proceeds from stock options exercised 228,000 47,000 239,000
Other 240,000 (43,000) 201,000
Net cash used in financing activities (25,771,000) (28,655,000) (48,007,000)
Net Increase (Decrease) in Cash and Equivalents 22,524,000 11,665,000 (17,359,000)
Cash and Equivalents - Beginning of Year 29,932,000 18,267,000 35,626,000
Cash and Equivalents - End of Year 52,456,000 29,932,000 18,267,000
Other Cash Flow Information:      
Interest paid 380,000 723,000 341,000
Income taxes paid $ 24,745,000 $ 23,079,000 $ 24,327,000