XML 53 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF NET INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Oct. 27, 2013
Oct. 28, 2012
Oct. 27, 2013
Oct. 28, 2012
Net sales $ 70,589 $ 65,560 $ 140,730 $ 134,744
Cost of sales 58,354 53,683 115,422 109,746
Gross profit 12,235 11,877 25,308 24,998
Selling, general and administrative expenses 7,200 7,209 14,299 14,850
Income from operations 5,035 4,668 11,009 10,148
Interest expense 99 156 239 346
Interest income (102) (96) (195) (222)
Other expense 224 76 616 121
Income before income taxes 4,814 4,532 10,349 9,903
Income taxes 1,718 (3,736) 4,023 (1,889)
Net income $ 3,096 $ 8,268 $ 6,326 $ 11,792
Net income per share, basic $ 0.25 $ 0.68 $ 0.52 $ 0.95
Net income per share, diluted $ 0.25 $ 0.67 $ 0.51 $ 0.94
Average shares outstanding, basic 12,183 12,191 12,165 12,371
Average shares outstanding, diluted 12,389 12,348 12,391 12,541