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Income Taxes (Tables)

12 Months Ended

Apr. 27, 2013

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

Income tax expense (benefit) consisted of the following:

	Year Ended
	April 27, 2013				April 28, 2012				April 30, 2011
Current:
Federal	$	9,517			$	2,266			$	4,879
State	2,219				577				1,227
Foreign	754				313				939
Deferred taxes	(4,340		)		(68		)		852
	$	8,150			$	3,088			$	7,897

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the provision for income taxes and the amount computed by applying the federal statutory rate to income before income taxes is as follows:

		Year Ended
		April 27, 2013				April 28, 2012				April 30, 2011
Computed income tax expense at federal statutory rate		$	10,825			$	4,052			$	7,732
State taxes, net of federal benefit		684				497				1,107
Research and development tax credit		(1,804		)		(1,004		)		(981		)
Meals and entertainment		308				375				299
Stock compensation		466				842				959
Dividends paid to retirement plan		(616		)		(522		)		—
Domestic production activities deduction		(976		)		(270		)		(607		)
Change in foreign deferred rates		—				(249		)		—
Reversal of valuation allowance		—				(364		)		—
Other, net		(737		)		(269		)		(612		)
		$	8,150			$	3,088			$	7,897

Schedule of Pretax Income Domestic and Foreign

The pretax income attributable to domestic and foreign operations was as follows:

	Year Ended
	April 27, 2013				April 28, 2012				April 30, 2011
Domestic	$	27,667			$	10,052			$	17,892
Foreign	3,262				1,525				4,249
Income before income taxes	$	30,929			$	11,577			$	22,141

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred tax asset were as follows:

	April 27, 2013				April 28, 2012
Deferred taxes assets:
Warranty reserves	$	9,847			$	8,425
Vacation accrual	1,788				1,821
Net losses on equity investments	3,066				2,971
Deferred maintenance revenue	2,439				1,738
Reserves for excess and obsolete inventory	1,246				1,021
Equity compensation	1,049				653
Allowance for doubtful accounts	599				473
Inventory capitalization	600				907
Accrued compensation and benefits	1,077				742
Intangible assets	37				81
Net operating loss carry forwards	—				15
Other	440				334
	22,188				19,181
Deferred tax liabilities:
Property and equipment	(7,542		)		(8,817		)
Prepaid expenses	(662		)		(669		)
Other	(168		)		(219		)
	(8,372		)		(9,705		)
	$	13,816			$	9,476

Schedule of Deferred Tax Assets and Liabilities Current and Non Current

The following presents the classification of the net deferred tax asset on the accompanying consolidated balance sheets:

	April 27, 2013				April 28, 2012
Current assets	$	12,755			$	10,941
Current liabilities	—				(42		)
Non-current assets	1,061				30
Non-current liabilities	—				(1,453		)
	$	13,816			$	9,476

Reconciliation of Unrecognized Tax Benefits

The following table provides a reconciliation of changes in unrecognized tax benefits for fiscal 2013, 2012 and 2011:

	Amount
Balance as of May 1, 2010:	$	538
Gross increases related to prior period tax positions	132
Gross decreases related to prior period tax positions	(104		)
Gross increases related to current period tax positions	81
Lapse of statute of limitations	(120		)
Balance as of April 30, 2011:	$	527
Gross increases related to prior period tax positions	14
Gross decreases related to prior period tax positions	(178		)
Gross increases related to current period tax positions	86
Lapse of statute of limitations	—
Balance as of April 28, 2012:	$	449
Gross increases related to prior period tax positions	—
Gross decreases related to prior period tax positions	(11		)
Gross increases related to current period tax positions	129
Lapse of statute of limitations	(188		)
Balance as of April 27, 2013:	$	379

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