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COMMON STOCK AND STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Jan. 26, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Common Stock Outstanding Roll Forward
The following table sets forth the changes in the number of issued shares of common stock during the nine-month periods presented:
 
 
Nine Months Ended
 
 
January 26,
2013
 
January 28,
2012
Balance at the beginning of the period
 
38,375,678

 
38,312,243

Options exercised
 

 
21,975

Restricted stock awards vested
 
27,000

 
28,860

Balance at the end of the period
 
38,402,678

 
38,363,078

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan
The table below summarizes the expense for the three months and nine months ended January 26, 2013 and January 28, 2012.

 
Compensation Expense
 
Three Months Ended
 
Nine Months Ended
 
January 26,
2013
 
January 28,
2012
 
January 26,
2013
 
January 28,
2012
2010 Stock Plan:
 
 
 
 
 
 
 
RSAs
$
366

 
$
380

 
$
1,098

 
$
1,050

RSUs
133

 
240

 
397

 
695

Stock options
126

 
179

 
402

 
429

Total 2010 Stock Plan
$
625

 
$
799

 
$
1,897

 
$
2,174

 
 
 
 
 
 
 
 
2007 Stock Plan:
 
 
 
 
 
 
 
RSAs
$

 
$

 
$
233

 
$
309

Stock options
100

 
355

 
342

 
630

Total 2007 Stock Plan
$
100

 
$
355

 
$
575

 
$
939

 
 
 
 
 
 
 
 
Total Compensation Expense
$
725

 
$
1,154

 
$
2,472

 
$
3,113

2010 Stock Plan | Stock options
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity
The following tables summarize the stock option activity and related information for the stock options granted under the 2010 Stock Plan for the nine months ended January 26, 2013:
 
 
Summary of Option Activity
 
 
Shares
 
Wtd. Avg. Exercise Price
Outstanding at April 28, 2012
 
240,000

 
$
9.97

Granted
 
120,000

 
8.64

Exercised
 

 

Cancelled
 

 

Outstanding at January 26, 2013
 
360,000

 
$
9.53

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding
Options Outstanding
at January 26, 2013
Average Exercise Price
 
Shares
 
Avg. Remaining Life (Years)
$
9.24

 
120,000

 
7.8

$
10.70

 
120,000

 
8.6

$
8.64

 
120,000

 
9.6

$
9.53

 
360,000

 
 
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable
Options Exercisable at January 26, 2013
Average Exercise Price
 
Shares
 
Avg. Remaining Life (Years)
$
9.24

 
80,000

 
7.8

$
10.70

 
40,000

 
8.6

$
9.73

 
120,000

 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
We estimated the fair value of our employee stock options on the date of grant using the Black-Scholes option-pricing model with the following assumptions:
 
 
Fiscal 2013
Fiscal 2012
 
Awards
Awards
Average expected volatility
66.15
%
52.76
%
Average risk-free interest rate
0.39
%
0.63
%
Dividend yield
2.94
%
2.66
%
Expected life of options (in years)
7.18

7.03

Weighted-average grant-date fair value
$
4.13

$
4.27

2010 Stock Plan | Restricted Stock Awards (RSA's) and Restricted Stock Units (RSU's)
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes the RSA and RSU activity for the nine months ended January 26, 2013 for the RSA's and RSU's granted under the 2010 Stock Plan:
 
RSA Shares
RSU Shares
Unvested and unissued at April 28, 2012
700,000

180,000

Awarded


Vested


Forfeited and cancelled


Unvested and unissued at January 26, 2013
700,000

180,000

Schedule Of Share-based Compensation, Restricted Stock And Restricted Stock Units Details, By Grant Year And Vesting Period
 
 
Number of Shares Granted, less Forfeitures
 
 
 
Weighted Average Value
 
Probable Unearned Compensation Expense at
 
Target Unearned Compensation Expense at
Grant Fiscal Year
 
 
Vesting Period
 
 
January 26, 2013
 
January 26, 2013
2011
 
600,000

 
5-year cliff, performance based
 
$
9.70

 
$
2,915

 
$
2,915

2011
 
304,000

 
5-year, equal annual installments
 
9.70

 
558

 
N/A

2012
 
100,000

 
One-third per year, beginning in fiscal 2015, performance based
 
8.10

 
522

 
522

2007 Stock Plan | Stock options
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity
The following tables summarize the stock option activity and related information for the stock options granted under the 2007 Stock Plan for the nine months ended January 26, 2013:
 
 
 
Summary of Option Activity
 
 
 
 
Wtd. Avg.
 
 
Shares
 
Exercise Price
Outstanding at April 28, 2012
 
738,000

 
$
5.79

Granted
 
42,500

 
8.64

Exercised
 

 

Cancelled
 

 

Outstanding at January 26, 2013
 
780,500

 
$
5.95

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding
Options Outstanding
at January 26, 2013
 
 
 
 
Avg.
 
 
 
 
Remaining
Average Exercise Price
 
Shares
 
Life (Years)
$
2.72

 
285,000

 
6.2

$
6.46

 
260,000

 
6.5

$
8.13

 
35,500

 
7.0

$
10.55

 
105,000

 
7.6

$
8.10

 
52,500

 
8.8

$
8.64

 
42,500

 
9.6

$
5.95

 
780,500

 
 
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable
Options Exercisable at January 26, 2013
 
 
 
 
Avg.
 
 
 
 
Remaining
Average Exercise Price
 
Shares
 
Life (Years)
$
2.72

 
285,000

 
6.2

$
6.46

 
260,000

 
6.5

$
8.13

 
35,500

 
7.0

$
8.10

 
17,500

 
8.8

$
4.82

 
598,000

 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
We estimated the fair value of our employee stock options on the date of grant using the Black-Scholes option-pricing model with the following assumptions:
 
 
Fiscal 2013
 
Fiscal 2012
 
Awards
 
Awards
Average expected volatility
66.15
%
 
63.55
%
Average risk-free interest rate
0.39
%
 
0.35
%
Dividend yield
2.94
%
 
2.84
%
Expected life of options (in years)
7.18

 
7.03

Weighted-average grant-date fair value
$
4.13

 
$
3.75

2000 and 2004 Stock Plans | Stock options
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity
The following tables summarize the stock option activity and related information for the stock options outstanding under the 2000 and 2004 Stock Plans for the nine months ended January 26, 2013:
 
 
 
Summary of Option Activity
 
 
 
 
Wtd. Avg.
 
 
Shares
 
Exercise Price
Outstanding at April 28, 2012
 
251,365

 
$
10.96

Exercised
 

 

Expired
 
(128,105
)
 
10.50

Outstanding at January 26, 2013
 
123,260

 
$
11.44

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable
Options Outstanding and
Exercisable at January 26, 2013
 
 
 
 
Avg.
 
 
 
 
Remaining
Exercise Price
 
Shares
 
Life (Years)
$
11.44

 
123,260

 
0.4