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Comprehensive Income
 6 Months Ended
Oct. 29, 2011
Comprehensive Income [Abstract]  
Comprehensive Income
Note 7. Comprehensive Income

We follow the provisions of ASC 220, Reporting Comprehensive Income, which establishes standards for reporting and displaying comprehensive income and its components. Comprehensive income reflects the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. For us, comprehensive income represents net income adjusted for foreign currency translation adjustments, net gains and losses on derivative instruments accounted for as effective hedges and unrealized gains and losses on available-for-sale securities. The foreign currency translation adjustment included in comprehensive income has not been tax affected, as the investments in foreign affiliates are deemed to be permanent. In accordance with ASC 220, we have chosen to disclose comprehensive income in the consolidated statement of shareholders' equity on an annual basis.

A summary of comprehensive income is as follows:
 
 
Six Months Ended
 
 
October 29,
 
October 30,
 
 
2011
 
2010
 
Net income
 $7,327  $9,450 
Net foreign currency translation adjustment
  (119)  12 
Unrealized gain on available for sale securities, net of income taxes
  54   - 
    Total comprehensive income
 $7,262  $9,462