Fair Value of Financial Instruments (Tables)

6 Months Ended

Oct. 27, 2013

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents information about assets and liabilities measured at fair value on a recurring basis:

		Fair value measurements at October 27, 2013 using:
		Quoted prices in  active markets  for identical  assets		Significant other  observable inputs		Significant  unobservable  inputs
(amounts in thousands)		Level 1		Level 2		Level 3		Total
Assets:
Low Duration Bond Fund	$		2,060		N/A		N/A	$	2,060
Limited Term Bond Fund			2,561		N/A		N/A		2,561
Intermediate Term Bond Fund			1,599		N/A		N/A		1,599

		Fair value measurements at October 28, 2012 using:
		Quoted prices in  active markets  for identical  assets		Significant other  observable inputs		Significant  unobservable  inputs
(amounts in thousands)		Level 1		Level 2		Level 3		Total
Assets:
Low Duration Bond Fund	$		2,065		N/A		N/A	$	2,065
Limited Term Bond Fund			2,073		N/A		N/A		2,073
Intermediate Term Bond Fund			1,103		N/A		N/A		1,103

		Fair value measurements at April 28, 2013 using:
		Quoted prices in  active markets  for identical  assets		Significant other  observable inputs		Significant  unobservable  inputs
(amounts in thousands)		Level 1		Level 2		Level 3		Total
Assets:
Low Duration Bond Fund	$		2,076		N/A		N/A	$	2,076
Limited Term Bond Fund			2,092		N/A		N/A		2,092
Intermediate Term Bond Fund			1,118		N/A		N/A		1,118

Schedule of Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

	Fair value measurements at October 27, 2013 using:
	Quoted prices in  active markets  for identical  assets		Significant other  observable inputs		Significant  unobservable  inputs
(amounts in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Equipment	$	-	$	890	$	-	$	890
Non-compete Agreement		-		-		882		882
Customer Relationships		-		-		868		868