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Stock-Based Compensation (Tables) | 6 Months Ended
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Oct. 26, 2013
Stock-Based Compensation [Abstract] |
Stock-based compensation expense recognized in consolidated statement of income | The table below summarizes the total stock-based compensation expense recognized for all outstanding grants in our consolidated statement of income:
|  | Second Quarter Ended |  |  | Six Months Ended |
(Unaudited, amounts in thousands) |  | 10/26/13 |  |  | 10/27/12 |  |  | 10/26/13 |  |  | 10/27/12 |
Equity-based awards expense |  | $ | 2,478 |  |  | $ | 3,340 |  |  | $ | 5,671 |  |  | $ | 6,959 |
Liability-based awards expense |  |  | 1,886 |  |  |  | 963 |  |  |  | 3,790 |  |  |  | 891 |
Total stock-based compensation expense |  | $ | 4,364 |  |  | $ | 4,303 |  |  | $ | 9,461 |  |  | $ | 7,850 |
Schedule of grants made during the period | The table below summarizes the grants made during the first six months of fiscal 2014:
(Unaudited, shares/units in thousands) |  | Shares/units granted |  | Liability/ Equity award |  | Settlement
Stock options |  |  | 175 |  | Equity |  | Common shares
Stock appreciation rights (“SARs”) |  |  | 142 |  | Liability |  | Cash
Restricted stock units – employees |  |  | 122 |  | Liability |  | Cash
Restricted stock units – directors |  |  | 34 |  | Equity |  | Common shares
Performance-based units |  |  | 35 |  | Liability |  | Cash
Performance-based shares |  |  | 191 |  | Equity |  | Common shares
Stock Options [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Valuation Assumptions | The fair value of stock options granted during the first quarter of fiscal 2014 was calculated using the following assumptions:
(Unaudited) |  | 7/27/13 |
Risk-free interest rate |  |  | 0.84 | %
Dividend rate |  |  | 0.84 | %
Expected life in years |  |  | 5.0 |
Stock price volatility |  |  | 81.3 | %
Fair value per share |  | $ | 11.63 |
Stock Appreciation Rights (SARs) [Member] | 2014 Grant Remeasured [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Valuation Assumptions | The fair value of the SARs granted during the first quarter of fiscal 2014 was remeasured at October 26, 2013, using the following assumptions:
(Unaudited) |  | 10/26/13 |
Risk-free interest rate |  |  | 1.60 | %
Dividend rate |  |  | 0.70 | %
Expected life in years |  |  | 4.64 |
Stock price volatility |  |  | 65.16 | %
Fair value per share |  | $ | 13.01 |
Stock Appreciation Rights (SARs) [Member] | 2013 Grant Remeasured [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Valuation Assumptions | In fiscal 2013, we granted SARs as described in our Form 10-K for the fiscal year ended April 27, 2013. The fair value of the SARs granted during fiscal 2013 was remeasured at October 26, 2013, using the following assumptions:
(Unaudited) |  | 10/26/13 |
Risk-free interest rate |  |  | 1.60 | %
Dividend rate |  |  | 0.70 | %
Expected life in years |  |  | 3.71 |
Stock price volatility |  |  | 51.75 | %
Fair value per share |  | $ | 13.59 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options and SARs , including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=6793087&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph A240 -Subparagraph g(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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