Business Combination - Mattress Fabric Segment (Tables)

6 Months Ended

Oct. 27, 2013

Schedule of Allocation of Acquisition Cost to Assets Acquired Based on Fair Values

The following table presents the allocation of the acquisition cost to the assets acquired based on their fair values:

(dollars in thousands)	Fair Value
Equipment	$	890
Non-compete agreement (Notes 7 and 10)		882
Customer relationships (Notes 7 and 10)		868
	$	2,640

Schedule of Unaudited Pro Forma Consolidated Results of Operations

The following unaudited pro forma consolidated results of operations for the three and six month periods ending October 27, 2013 and October 28, 2012 have been prepared as if the acquisition of Bodet & Horst had occurred on April 30, 2012:

	Three months ended
(dollars in thousands)	October 27, 2013		October 28, 2012
Net Sales	$	70,589	$	68,027
Income from operations		5,035		4,659
Net income		3,096		8,192
Net income per share, basic		0.25		0.67
Net income per share, diluted		0.25		0.66

	Six months ended
(dollars in thousands)	October 27, 2013		October 28, 2012
Net Sales	$	140,730	$	139,678
Income from operations		11,009		10,129
Net income		6,326		11,675
Net income per share, basic		0.52		0.94
Net income per share, diluted		0.51		0.93