Stock-Based Compensation (Tables)

12 Months Ended

Apr. 27, 2013

Weighted Average Assumptions Relating to Valuation of Stock Options

The weighted average assumptions relating to the valuation of the Company’s stock options for fiscal years 2013 and 2012 are shown below. No stock options were granted during fiscal 2011.

Fiscal Year	2013			2012
Weighted average fair value of grants	$	7.80		$	9.85
Volatility		86.13	%		78.52	%
Risk-free interest rate		0.67	%		0.92	%
Expected life		5 years			5 years
Expected dividend yield		0.00	%		0.00	%

Summary of Stock Option Activity

The following table presents a summary of the Company’s stock option activity:

	Number of Shares (in thousands)			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value (in thousands)
Balance, May 1, 2010		5,498		$	20.19		3.49 years	$	13,782
Exercised		(1,024	)		16.83
Forfeited		(598	)		20.57
Balance, April 30, 2011		3,876			21.02		3.40 years		—
Granted		1,563			15.70
Exercised		(92	)		11.89
Forfeited		(1,487	)		21.86
Balance, April 28, 2012		3,860			18.76		5.70 years	$	574
Granted		515			11.64
Exercised		(279	)		12.20
Forfeited		(720	)		20.19
Balance, April 27, 2013		3,376		$	17.91		6.24 years	$	7,331
Vested and expected to vest in the future at April 27, 2013		3,295		$	17.96		6.19 years	$	7,139
Exercisable at April 27, 2013		1,304		$	22.19		2.42 years	$	580
Available for grant at April 27, 2013		2,568

Restricted Stock

Summary of Other Than Option Award Activity

The following table presents a summary of the Company’s restricted stock activity:

	Number of Shares (in thousands)			Weighted Average Grant Date Fair Value
Balance, May 1, 2010		2,330		$	24.15
Granted		684			16.65
Vested		(435	)		27.99
Forfeited		(154	)		24.76
Balance, April 30, 2011		2,425			21.31
Granted		83			13.23
Vested		(1,073	)		22.78
Forfeited		(51	)		21.52
Balance, April 28, 2012		1,384			19.68
Granted		60			11.52
Vested		(866	)		20.49
Forfeited		(293	)		19.24
Balance, April 27, 2013		285		$	15.91

Restricted Stock Units (RSUs)

Summary of Other Than Option Award Activity

The following table presents a summary of the Company’s restricted stock unit activity:

	Number of Shares (in thousands)			Weighted Average Grant Date Fair Value
Balance, April 30, 2011		—		$	—
Granted		969			16.64
Forfeited		(5	)		18.59
Balance, April 28, 2012		964			16.63
Granted		1,029			16.29
Vested		(13	)		15.31
Forfeited		(102	)		18.01
Balance, April 27, 2013		1,878		$	16.38