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Income Taxes (Tables)

12 Months Ended

Apr. 29, 2017

Income Tax Disclosure [Abstract]

Schedule of Pretax Income Domestic and Foreign

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

	Year Ended
	April 29, 2017				April 30, 2016				May 2, 2015
Domestic	$	16,010			$	3,264			$	29,194
Foreign	(422		)		(138		)		2,489
Income before income taxes	$	15,588			$	3,126			$	31,683

Schedule of Components of Income Tax Expense

Income tax expense consisted of the following:

	Year Ended
	April 29, 2017				April 30, 2016				May 2, 2015
Current:
Federal	$	5,268			$	(467	)		$	6,657
State	1,158				123				1,150
Foreign	863				557				848
Deferred:
Federal	(1,625		)		463				1,906
State	(397		)		(89		)		307
Foreign	(21		)		478				(67		)
	$	5,246			$	1,065			$	10,801

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 29, 2017				April 30, 2016				May 2, 2015
Computed income tax expense at federal, state and local jurisdiction statutory rates		$	5,456			$	1,063			$	11,089
State taxes, net of federal benefit		539				40				1,016
Research and development tax credit		(1,573		)		(2,015		)		(1,292		)
Meals and entertainment		299				334				369
Stock compensation		497				525				566
Dividends paid to retirement plan		(293		)		(323		)		(352		)
Domestic production activities deduction		(542		)		(91		)		(529		)
Change in valuation allowances		388				1,265				(2,295		)
Change in uncertain tax positions		97				125				2,357
Other, net		378				142				(128		)
		$	5,246			$	1,065			$	10,801

Schedule of Deferred Tax Assets and Liabilities

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

	April 29, 2017				April 30, 2016
Deferred tax assets:
Accrued warranty obligations	$	10,469			$	11,407
Vacation accrual	2,100				1,963
Net losses on investments	—				336
Deferred maintenance revenue	1,336				341
Allowance for excess and obsolete inventory	1,254				1,314
Equity compensation	848				745
Allowance for doubtful accounts	677				703
Inventory capitalization	354				595
Accrued compensation and benefits	1,232				1,015
Unrealized loss on foreign currency exchange	226				—
Net operating loss carry forwards	1,772				1,404
Research and development tax credit carry forwards	311				1,005
Other	1,266				617
	21,845				21,445
Valuation allowance	(2,061		)		(1,673		)
	19,784				19,772
Deferred tax liabilities:
Property and equipment	(6,762		)		(7,988		)
Prepaid expenses	(601		)		(631		)
Intangible assets	(1,809		)		(1,479		)
Unrealized gain on foreign currency exchange	—				(931		)
Other	(156		)		(60		)
	(9,328		)		(11,089		)
	$	10,456			$	8,683

Schedule of Deferred Tax Assets and Liabilities Current and Non Current

The classification of net deferred tax assets in the accompanying consolidated balance sheets is:

	April 29, 2017				April 30, 2016
Non-current assets	$	11,292			$	9,437
Non-current liabilities	(836		)		(754		)
	$	10,456			$	8,683

Reconciliation of Unrecognized Tax Benefits

The changes in the amounts recorded for uncertain tax positions are:

	April 29, 2017			April 30, 2016			May 2, 2015
Balance at beginning of year	$	3,016		$	2,891		$	494
Gross increases related to prior period tax positions	235			137			6
Gross increases related to current period tax positions	—			8			2,496
Lapse of statute of limitations	(138		)	(20		)	(105		)
Balance at end of year	$	3,113		$	3,016		$	2,891

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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