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Receivables
9 Months Ended
Jan. 30, 2016
Receivables [Abstract]  
Receivables
Note 9. Receivables

Accounts receivable are reported net of an allowance for doubtful accounts of $2,206 and $2,316 at January 30, 2016 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 U.S. 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 $8,726 and $9,874 as of January 30, 2016 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 $9,148 as of January 30, 2016 and $10,976 as of May 2, 2015.  Included in accounts receivable as of January 30, 2016 and May 2, 2015 was $836 and $385, respectively, of retainage on construction-type contracts, all of which is expected to be collected within one year.