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Shareholders' Equity (Tables)
 12 Months Ended
Apr. 28, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Expense Related to Equity Awards
The table below summarizes the expense related to the equity awards for fiscal 2018, 2017 and 2016.
 
 
Compensation Expense
 
 
Fiscal 2018
 
Fiscal 2017
 
Fiscal 2016
2014 Incentive Plan:
 
 
 
 
 
 
RSAs
 
$
(1.0
)
 
$
6.6

 
$
3.6

RSUs
 
5.0

 
5.5

 
2.8

Total 2014 Incentive Plan
 
4.0

 
12.1

 
6.4

 
 
 
 
 
 
 
2010 Stock Plan:
 
 
 
 
 
 
RSUs
 
—

 
0.1

 
0.1

Stock Options
 
—

 
0.1

 
0.3

Total 2010 Stock Plan
 
—

 
0.2

 
0.4

 
 
 
 
 
 
 
2007 Stock Plan:
 
 
 
 
 
 
Stock Options
 
—

 
0.1

 
0.6

Total 2007 Stock Plan
 
—

 
0.1

 
0.6

 
 
 
 
 
 
 
Total Compensation Expense
 
$
4.0

 
$
12.4

 
$
7.4
2014 Incentive Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Restricted Stock Awards and Restricted Stock Units Activity
The following table summarizes the RSA and RSU activity for fiscal 2016, fiscal 2017 and fiscal 2018 under the 2014 Incentive Plan:
 
RSA Shares
 
RSU Shares
Unvested and Unissued at May 2, 2015
—

 
—

Awarded
1,185,000

 
576,000

Vested
(24,000
)
 
—

Forfeited and Canceled
—

 
—

Unvested and Unissued at April 30, 2016
1,161,000

 
576,000

Awarded
99,000

 
32,000

Vested
(27,000
)
 
(11,333
)
Forfeited and Canceled
(64,500
)
 
(28,667
)
Unvested and Unissued at April 29, 2017
1,168,500

 
568,000

Awarded
152,738

 
30,925

Vested
(24,000
)
 
(160,553
)
Forfeited and Canceled
(126,000
)
 
(56,000
)
Unvested and Unissued at April 28, 2018
1,171,238

 
382,372
Schedule of Restricted Stock Awards and Restricted Stock Units by Grant Year and Vesting Period
Grant Fiscal Year
 
Number of Shares Unvested
 
Vesting Period
 
Weighted Average Value
 
Probable Unearned Compensation Expense at
April 28, 2018
 
Target Unearned Compensation Expense at
April 28, 2018
2016, 2017 and 2018
 
363,413

(1) 
Five-year RSA cliff, performance-based
 
$
34.11

 
$
5.5

 
$
11.0

2016, 2017 and 2018
 
382,372

 
Five-year RSU, 30% in fiscal 2018, 30% in fiscal 2019 and 40% in fiscal 2020
 
$
35.85

 
$
5.1

 
$
5.1


(1) RSA shares based on fiscal 2020 EBITDA threshold levels
2010 Stock Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Restricted Stock Awards and Restricted Stock Units Activity
The following table summarizes the RSA activity for fiscal years 2018, 2017 and 2016 under the 2010 Stock Plan:
 
 
RSA Shares
Unvested and Unissued at May 2, 2015
 
66,667

Awarded
 
—

Vested
 
(33,333
)
Forfeited and Canceled
 
—

Unvested and Unissued at April 30, 2016
 
33,334

Awarded
 
—

Vested
 
(33,334
)
Forfeited and Canceled
 
—

Unvested and Unissued at April 29, 2017
 
—

Awarded
 
—

Vested
 
—

Forfeited and Canceled
 
—

Unvested and Unissued at April 28, 2018
 
—
Summary of Stock Option Activity and Related Information for Stock Options Granted
The following tables summarize the stock option activity and related information for fiscal 2018, 2017 and 2016 for the stock options granted under the 2010 Stock Plan:
 
 
Summary of Option Activity
 
 
Shares
 
Wtd. Avg. Exercise Price
Outstanding at May 2, 2015
 
242,667

 
$
24.50

Awarded
 
—

 
—

Exercised
 
(18,668
)
 
12.96

Canceled
 
(26,667
)
 
32.07

Outstanding at April 30, 2016
 
197,332

 
24.55

Awarded
 
—

 
—

Exercised
 
(125,332
)
 
17.40

Canceled
 
—

 
—

Outstanding at April 29, 2017
 
72,000

 
37.01

Awarded
 
—

 
—

Exercised
 
—

 
—

Canceled
 
—

 
—

Outstanding at April 28, 2018
 
72,000

 
$
37.01
Summary of Stock Option Activity and Related Information for Stock Options Granted, Options Outstanding and Exercisable
Options Outstanding
at April 28, 2018
Shares
 
Exercise Price
 
Avg. Remaining Life (Years)
72,000

 
$
37.01

 
6.3
Options Exercisable
at April 28, 2018
Shares
 
Exercise Price
 
Avg. Remaining Life (Years)
72,000

 
$
37.01

 
6.3
Schedule of Estimated Fair Value of Stock Options on Date of Grant, Assumptions
We estimated the fair value of these stock options on the date of grant using the Black-Scholes option-pricing model with the following assumptions:
 
 
2010 Stock Plan
 
 
Fiscal 2015 Awards
Average Expected Volatility
 
51.00
%
Average Risk-free Interest Rate
 
1.00
%
Dividend Yield
 
1.66
%
Expected Life of Options (in years)
 
4.12

Weighted-average Grant-date Fair Value
 
$
14.99
2007 Stock Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Option Activity and Related Information for Stock Options Granted
The following tables summarize the stock option activity and related information for the stock options granted under the 2007 Stock Plan for fiscal year 2018, 2017 and 2016:
 
 
Summary of Option Activity
 
 
Shares
 
Wtd. Avg.
Exercise Price
Outstanding at May 2, 2015
 
108,000

 
$
24.21

Awarded
 
—

 
—

Exercised
 
(28,334
)
 
10.99

Canceled
 
—

 
—

Outstanding at April 30, 2016
 
79,666

 
28.91

Awarded
 
—

 
—

Exercised
 
(22,497
)
 
21.52

Canceled
 
—

 
—

Outstanding at April 29, 2017
 
57,169

 
31.82

Awarded
 
—

 
—

Exercised
 
(13,333
)
 
24.67

Canceled
 
(1,668
)
 
37.01

Outstanding at April 28, 2018
 
42,168

 
$
33.87
Summary of Stock Option Activity and Related Information for Stock Options Granted, Options Outstanding and Exercisable
Options Outstanding
at April 28, 2018
Shares
 
Exercise Price
 
Avg.
Remaining
Life (Years)
5,000

 
$
10.55

 
2.2
37,168

 
$
37.01

 
6.3
42,168

 
$
33.87

 
 
Options Exercisable
at April 28, 2018
Shares
 
Exercise Price
 
Avg.
Remaining
Life (Years)
5,000

 
$
10.55

 
2.2
37,168

 
$
37.01

 
6.3
42,168

 
$
33.87

 
 
Schedule of Estimated Fair Value of Stock Options on Date of Grant, Assumptions
We estimated the fair value of these stock options on the date of grant using the Black-Scholes option-pricing model with the following assumptions:
 
 
Fiscal 2015
Awards
Average Expected Volatility
 
51.00
%
Average Risk-free Interest Rate
 
1.00
%
Dividend Yield
 
1.66
%
Expected Life of Options (in years)
 
4.12

Weighted-average Grant-date Fair Value
 
$
14.99