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Comprehensive Income
 9 Months Ended
Jan. 28, 2012
Comprehensive Income [Abstract]  
Comprehensive Income
Note 6. 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. For the first nine months of fiscal 2012 and 2011, no gains or losses on available for sale securities were recognized in earnings. Therefore, no reclassification adjustment has been recorded in both periods. 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:
 
 
Nine Months Ended
 
 
January 28,
 
January 29,
 
 
2012
 
2011
 
Net income
$8,994 $11,281 
Net foreign currency translation (loss) gain adjustment
 (89) 181 
Unrealized gain (loss) on available for sale securities, net of taxes of ($23) and $1, repectively
 45  (2)
    Total comprehensive income
$8,950 $11,460