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CONSOLIDATED STATEMENTS OF NET INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 27, 2013
Jan. 29, 2012
Jan. 27, 2013
Jan. 29, 2012
Net sales $ 63,695 $ 60,450 $ 198,439 $ 178,733
Cost of sales 52,010 51,939 161,757 152,698
Gross profit 11,685 8,511 36,682 26,035
Selling, general and administrative expenses 6,822 5,518 21,672 16,995
Income from operations 4,863 2,993 15,010 9,040
Interest expense 145 181 491 590
Interest income (105) (148) (328) (387)
Other expense 300 83 421 132
Income before income taxes 4,523 2,877 14,426 8,705
Income taxes 1,700 1,075 (188) (1,168)
Net income $ 2,823 $ 1,802 $ 14,614 $ 9,873
Net income per share, basic $ 0.23 $ 0.14 $ 1.19 $ 0.77
Net income per share, diluted $ 0.23 $ 0.14 $ 1.17 $ 0.76
Average shares outstanding, basic 12,095 12,536 12,279 12,777
Average shares outstanding, diluted 12,290 12,677 12,467 12,918