Receivables	6 Months Ended
Oct. 31, 2015
Receivables [Abstract]
Receivables	Note 9. Receivables Accounts receivable are reported net of an allowance for doubtful accounts of $2,526 and $2,316 at October 31, 2015 and May 2, 2015, respectively. In connection with certain sales transactions, we have entered into sales contracts with installment payments exceeding six months and sales-type leases. The present value of these contracts and leases is recorded as a receivable as the revenue is recognized in accordance with United States GAAP, and profit is recognized to the extent the present value is in excess of cost. We generally retain a security interest in the equipment or in the cash flow generated by the equipment until the contract is paid. The present value of long-term contracts and lease receivables, including accrued interest and current maturities, was $8,303 and $9,874 as of October 31, 2015 and May 2, 2015, respectively. Contract and lease receivables bearing annual interest rates of 4.8 to 10.0 percent are due in varying annual installments through August 2024. The face amount of long-term receivables was $9,640 as of October 31, 2015 and $10,976 as of May 2, 2015. Included in accounts receivable as of October 31, 2015 and May 2, 2015 was $892 and $385, respectively, of retainage on construction-type contracts, all of which is expected to be collected within one year.

Receivables

6 Months Ended

Oct. 31, 2015

Note 9. Receivables

Accounts receivable are reported net of an allowance for doubtful accounts of $2,526 and $2,316 at October 31, 2015 and May 2, 2015, respectively.

In connection with certain sales transactions, we have entered into sales contracts with installment payments exceeding six months and sales-type leases. The present value of these contracts and leases is recorded as a receivable as the revenue is recognized in accordance with United States GAAP, and profit is recognized to the extent the present value is in excess of cost. We generally retain a security interest in the equipment or in the cash flow generated by the equipment until the contract is paid. The present value of long-term contracts and lease receivables, including accrued interest and current maturities, was $8,303 and $9,874 as of October 31, 2015 and May 2, 2015, respectively. Contract and lease receivables bearing annual interest rates of 4.8 to 10.0 percent are due in varying annual installments through August 2024. The face amount of long-term receivables was $9,640 as of October 31, 2015 and $10,976 as of May 2, 2015. Included in accounts receivable as of October 31, 2015 and May 2, 2015 was $892 and $385, respectively, of retainage on construction-type contracts, all of which is expected to be collected within one year.