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DEBT AND CREDIT AGREEMENT
9 Months Ended
Jan. 28, 2017
Debt Disclosure [Abstract]  
DEBT AND CREDIT AGREEMENT
DEBT AND CREDIT AGREEMENT
 
On November 18, 2016, the Company replaced the Amended and Restated Credit Agreement with a new Credit Agreement. At January 28, 2017, the interest rate on the credit facility was 1.25% plus LIBOR and we were in compliance with the covenants of the agreement. During the first nine months of fiscal 2017, we had no borrowings and payments of $20.9 million, which includes interest of $0.9 million, under this credit facility. As of January 28, 2017, there were outstanding balances against the credit facility of $37.0 million.  We believe the fair value approximates the carrying amount as of January 28, 2017.