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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Shares
Capital in Excess of Par Value
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Non-Controlling Interests
Beginning balance at Apr. 28, 2018 $ 625,216 $ (1,637) $ 46,788 $ 298,948 $ 291,644 $ 1,637 $ (25,199) $ (1,637) $ 13,035
Increase (Decrease) in Stockholders' Equity                  
Net income 70,141       68,574       1,567
Other comprehensive income (loss) 23,240           23,374   (134)
Stock issued for stock and employee benefit plans, net of cancellations and withholding tax 13,901   919 15,200 (2,218)        
Purchases of common stock (22,957)   (752) (11,961) (10,244)        
Stock option and restricted stock expense 10,981     10,981          
Dividends declared and paid (23,508)       (23,508)        
Dividends declared not paid (38)       (38)        
Change in noncontrolling interests                 0
Ending balance at Apr. 27, 2019 $ 696,976   $ 46,955 313,168 325,847   (3,462)   14,468
Ending balance (ASU 2016-02) at Apr. 27, 2019 [1]   $ 574       $ 574      
Increase (Decrease) in Stockholders' Equity                  
Purchases of common stock (in shares)     752            
Dividends declared and paid (in dollars per share) $ 0.50                
Dividends declared not paid (in dollars per share) $ 0.50                
Net income $ 78,984       77,469       1,515
Other comprehensive income (loss) (3,209)           (2,943)   (266)
Stock issued for stock and employee benefit plans, net of cancellations and withholding tax 3,029   $ 311 4,453 (1,735)        
Purchases of common stock (43,369)   (1,409) (8,097) (33,863)        
Stock option and restricted stock expense 8,371     8,371          
Reclassification of certain income tax effects (547)                
Reclassification of certain income tax effects | ASU 2018-02 [2]         547   (547)    
Dividends declared and paid (25,091)       (25,091)        
Dividends declared not paid (115)       (115)        
Change in noncontrolling interests 156     320         (164)
Ending balance at Apr. 25, 2020 $ 716,306   $ 45,857 318,215 343,633   (6,952)   15,553
Increase (Decrease) in Stockholders' Equity                  
Accounting Standards Update [Extensible List] | ASU 2016-02 ASU 2016-02                
Accounting Standards Update [Extensible List] | ASU 2018-02 ASU 2018-02                
Purchases of common stock (in shares)     1,409            
Dividends declared and paid (in dollars per share) $ 0.54                
Dividends declared not paid (in dollars per share) $ 0.54                
Net income $ 107,529       106,461       1,068
Other comprehensive income (loss) 5,965           5,431   534
Stock issued for stock and employee benefit plans, net of cancellations and withholding tax 9,030   $ 583 10,188 (1,741)        
Purchases of common stock (44,202)   (1,079) (10,426) (32,697)        
Stock option and restricted stock expense 12,671     12,671          
Dividends declared and paid [3] (25,049)       (16,542)       (8,507)
Dividends declared not paid (104)       (104)        
Change in noncontrolling interests                 (8,507)
Ending balance at Apr. 24, 2021 $ 782,146   $ 45,361 $ 330,648 $ 399,010   $ (1,521)   $ 8,648
Increase (Decrease) in Stockholders' Equity                  
Purchases of common stock (in shares)     1,079            
Dividends declared and paid (in dollars per share) $ 0.36                
Dividends declared not paid (in dollars per share) $ 0.36                
[1] Cumulative effect adjustment of deferred gains on prior sale/leaseback transactions as a result of adopting ASU 2016-02, Leases (Topic 842).
[2] Income tax effects of the Tax Cuts and Jobs Act are reclassified from Accumulated Other Comprehensive Income ("AOCI") to retained earnings due to the adoption of ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220).
[3] Non-controlling interests include dividends paid to joint venture minority partners resulting from the repatriation of dividends from our foreign earnings that we no longer consider permanently reinvested.