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COMMON STOCK AND STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Jul. 27, 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 three-month periods presented:
 
 
Three Months Ended
 
 
July 27,
2013
 
July 28,
2012
Balance at the beginning of the period
 
38,455,853

 
38,375,678

Options exercised
 
97,007

 

Restricted stock awards vested
 
27,000

 
27,000

Balance at the end of the period
 
38,579,860

 
38,402,678

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 ended July 27, 2013 and July 28, 2012.

 
Compensation Expense
 
Three Months Ended
 
July 27,
2013
 
July 28,
2012
2010 Stock Plan:
 
 
 
RSAs
$
369

 
$
366

RSUs
74

 
132

Stock options
101

 
133

Total 2010 Stock Plan
$
544

 
$
631

 
 
 
 
2007 Stock Plan:
 
 
 
RSAs
$
466

 
$
233

Stock options
156

 
127

Total 2007 Stock Plan
$
622

 
$
360

 
 
 
 
Total Compensation Expense
$
1,166

 
$
991

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 three months ended July 27, 2013:
 
 
Summary of Option Activity
 
 
Shares
 
Wtd. Avg. Exercise Price
Outstanding at April 27, 2013
 
360,000

 
$
9.53

Granted
 
120,000

 
17.27

Exercised
 

 

Cancelled
 

 

Outstanding at July 27, 2013
 
480,000

 
$
11.46

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding
Options Outstanding
at July 27, 2013
Average Exercise Price
 
Shares
 
Avg. Remaining Life (Years)
$
9.24

 
120,000

 
7.3

$
10.70

 
120,000

 
8.1

$
8.64

 
120,000

 
9.1

$
17.27

 
120,000

 
10.0

$
11.46

 
480,000

 
 
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable
Options Exercisable at July 27, 2013
Average Exercise Price
 
Shares
 
Avg. Remaining Life (Years)
$
9.24

 
80,000

 
7.3

$
10.70

 
80,000

 
8.1

$
8.64

 
40,000

 
9.1

$
9.70

 
200,000

 
 
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 2014
Fiscal 2013
 
Awards
Awards
Average expected volatility
65.77
%
66.15
%
Average risk-free interest rate
0.65
%
0.39
%
Dividend yield
2.81
%
2.94
%
Expected life of options (in years)
7.61

7.18

Weighted-average grant-date fair value
$
8.36

$
4.13

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 three months ended July 27, 2013 for the RSA's and RSU's granted under the 2010 Stock Plan:
 
RSA Shares
RSU Shares
Unvested and unissued at April 27, 2013
700,000

120,000

Awarded


Vested


Forfeited and cancelled


Unvested and unissued at July 27, 2013
700,000

120,000

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
 
 
July 27, 2013
 
July 27, 2013
2011
 
600,000

 
5-year cliff, performance based
 
$
9.70

 
$
2,277

 
$
2,277

2011
 
300,000

 
5-year, equal annual installments
 
9.70

 
353

 
N/A

2012
 
100,000

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

 
440

 
440

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 three months ended July 27, 2013:
 
 
 
Summary of Option Activity
 
 
 
 
Wtd. Avg.
 
 
Shares
 
Exercise Price
Outstanding at April 27, 2013
 
778,000

 
$
5.94

Granted
 
42,500

 
17.27

Exercised
 
(25,832
)
 
10.08

Cancelled
 

 

Outstanding at July 27, 2013
 
794,668

 
$
6.41

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding
Options Outstanding
at July 27, 2013
 
 
 
 
Avg.
 
 
 
 
Remaining
Average Exercise Price
 
Shares
 
Life (Years)
$
2.72

 
285,000

 
5.7

$
6.46

 
260,000

 
6.0

$
8.13

 
35,500

 
6.5

$
10.55

 
85,000

 
7.1

$
8.10

 
48,334

 
8.3

$
8.64

 
38,334

 
9.1

$
17.27

 
42,500

 
10.0

$
6.41

 
794,668

 
 
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable
Options Exercisable at July 27, 2013
 
 
 
 
Avg.
 
 
 
 
Remaining
Average Exercise Price
 
Shares
 
Life (Years)
$
2.72

 
285,000

 
5.7

$
6.46

 
260,000

 
6.0

$
8.13

 
35,500

 
6.5

$
10.55

 
85,000

 
7.1

$
8.10

 
13,334

 
8.3

$
8.64

 
10,001

 
9.1

$
5.57

 
688,835

 
 
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 2014
 
Fiscal 2013
 
Awards
 
Awards
Average expected volatility
65.77
%
 
66.15
%
Average risk-free interest rate
0.65
%
 
0.39
%
Dividend yield
2.81
%
 
2.94
%
Expected life of options (in years)
7.61

 
7.18

Weighted-average grant-date fair value
$
8.36

 
$
4.13

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 three months ended July 27, 2013:
 
 
 
Summary of Option Activity
 
 
 
 
Wtd. Avg.
 
 
Shares
 
Exercise Price
Outstanding at April 27, 2013
 
73,185

 
$
11.44

Exercised
 
(71,775
)
 
11.44

Expired
 
(1,410
)
 
11.44

Outstanding at July 27, 2013
 

 
$