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v3.5.0.2

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Apr. 30, 2016 | May 02, 2015 | May 03, 2014
Net sales | $ 704,785 | $ 645,825 | $ 641,135
Cost of sales | 463,348 | 426,685 | 423,480
Gross profit | 241,437 | 219,140 | 217,655
Selling, general and administrative expenses | 148,384 | 145,157 | 153,220
Interest expense | 203 | 371 | 660
Other expense (income) - net | 145 | (1,101) | 666
Income before income taxes | 92,705 | 74,713 | 63,109
Provision for income taxes | 31,507 | 25,402 | 19,474
Net income | 61,198 | 49,311 | 43,635
Less preferred dividends and accretion | (238) | (275) | (726)
Earnings available to common shareholders | $ 60,960 | $ 49,036 | $ 42,909
Earnings per common share: |  |  |
Earnings per common share – basic (in dollars per share) | $ 1.31 | $ 1.06 | $ 0.93
Earnings per common share – diluted (in dollars per share) | $ 1.31 | $ 1.05 | $ 0.92
Weighted average common shares outstanding: |  |  |
Basic (in shares) | 46,452 | 46,353 | 46,331
Diluted (in shares) | 46,671 | 46,559 | 46,519

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