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Stock-Based Compensation (Tables) | 12 Months Ended
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Apr. 27, 2019
Stock-Based Compensation |
Summary of total stock-based compensation expense |
|  | (52 weeks) |  | (52 weeks) |  | (52 weeks)
(Amounts in thousands) |  | 4/27/2019 |  | 4/28/2018 |  | 4/29/2017
Equity-based awards expense |  | $ | 10,981 |  | $ | 9,474 |  | $ | 8,864
Liability-based awards expense |  |  | 339 |  |  | 405 |  |  | 1,687
Total stock-based compensation expense |  | $ | 11,320 |  | $ | 9,879 |  | $ | 10,551
Schedule of plan activity for stock options |
|  |  |  |  |  |  | Weighted |  |  |
|  |  |  | Weighted |  | Average |  |  |
|  | Number of |  | Average |  | Remaining |  | Aggregate
|  | Shares |  | Exercise |  | Contractual |  | Intrinsic Value
|  | (In Thousands) |  | Price |  | Term (Years) |  | (In Thousands)
Outstanding at April 28, 2018 |  | 1,837 |  | $ | 24.18 |  | 7.4 |  | $ | 9,407
Granted |  | 423 |  |  | 33.15 |  |  |  |  |
Canceled |  | (58) |  |  | 30.44 |  |  |  |  |
Exercised |  | (761) |  |  | 21.28 |  |  |  | $ | 9,933
Outstanding at April 27, 2019 |  | 1,441 |  | $ | 28.09 |  | 7.7 |  | $ | 6,557
Exercisable at April 27, 2019 |  | 516 |  | $ | 25.78 |  | 6.8 |  | $ | 3,450
Fair value assumptions for stock options |
|  | Fiscal 2019 |  | Fiscal 2018 |  | Fiscal 2017 |
|  | Grant |  | Grant |  | Grant |
Risk-free interest rate |  |  | 2.82 | % |  | 1.84 | % |  | 1.30 | %
Dividend rate |  |  | 1.45 | % |  | 1.61 | % |  | 1.54 | %
Expected life in years |  |  | 5.0 |  |  | 5.0 |  |  | 5.0 |
Stock price volatility |  |  | 33.07 | % |  | 32.12 | % |  | 38.87 | %
Fair value per share |  | $ | 9.65 |  | $ | 7.16 |  | $ | 7.99 |
Summary of information about non-vested share awards |
|  |  |  | Weighted Average
|  | Shares |  | Grant Date
|  | (In Thousands) |  | Fair Value
Non-vested shares at April 28, 2018 |  | 233 |  | $ | 26.56
Granted |  | 113 |  |  | 32.78
Vested |  | (89) |  |  | 26.03
Canceled |  | (10) |  |  | 27.92
Non-vested shares at April 27, 2019 |  | 247 |  | $ | 29.55
Summary of information about performance-based shares outstanding |
|  |  |  | Weighted Average
|  | Shares |  | Grant Date
|  | (In Thousands) |  | Fair Value
Outstanding shares at April 28, 2018 |  | 541 |  | $ | 25.52
Granted |  | 292 |  |  | 31.71
Vested |  | (139) |  |  | 25.73
Unearned or cancelled |  | (171) |  |  | 27.05
Outstanding shares at April 27, 2019 |  | 523 |  | $ | 28.43
Schedule of equity-based compensation expenses related to performance-based shares |
|  | (52 weeks) |  | (52 weeks) |  | (52 weeks)
(Amounts in thousands) |  | 4/27/2019 |  | 4/28/2018 |  | 4/29/2017
Fiscal 2015 grant |  | $ | — |  | $ | — |  | $ | 675
Fiscal 2016 grant |  |  | — |  |  | 1,052 |  |  | 1,284
Fiscal 2017 grant |  |  | 1,044 |  |  | 455 |  |  | 1,109
Fiscal 2018 grant |  |  | 1,402 |  |  | 887 |  |  | —
Fiscal 2019 grant |  |  | 1,774 |  |  | — |  |  | —
Total expense |  | $ | 4,220 |  | $ | 2,394 |  | $ | 3,068

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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