XML 78 R93.htm IDEA: XBRL DOCUMENT v2.4.0.8
Selected Quarterly Data (Unaudited) (Detail) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 12 Months Ended
Apr. 27, 2014
Jan. 26, 2014
Oct. 27, 2013
Jul. 28, 2013
Apr. 28, 2013
Jan. 27, 2013
Oct. 28, 2012
Jul. 29, 2012
Apr. 27, 2014
Apr. 28, 2013
Apr. 29, 2012
May 01, 2011
INCOME STATEMENT DATA                        
net sales $ 74,043 $ 72,389 $ 70,589 $ 70,141 $ 70,375 $ 63,695 $ 65,560 $ 69,184 $ 287,162 $ 268,814 $ 254,443  
cost of sales 62,282 60,552 58,354 57,067 57,527 52,010 53,683 56,064 238,256 219,284 214,711  
gross profit 11,761 11,837 12,235 13,074 12,848 11,685 11,877 13,120 48,906 49,530 39,732  
selling, general and administrative expenses 7,317 7,041 7,200 7,100 6,772 6,822 7,209 7,641 28,657 28,445 25,026  
income from operations 4,444 4,796 5,035 5,974 6,076 4,863 4,668 5,479 20,249 21,085 14,706  
interest expense 97 91 99 140 140 145 156 190 427 632 780  
interest income (139) (148) (102) (92) (90) (105) (96) (127) (482) (419) (508)  
other expense 366 279 224 391 163 300 76 44 1,261 583 236  
income before income taxes 4,120 4,574 4,814 5,535 5,863 4,523 4,532 5,372 19,043 20,289 14,198  
income taxes 1,380 (3,807) 1,718 2,305 2,161 1,700 (3,736) 1,848 1,596 1,972 902  
net income 2,740 8,381 3,096 3,230 3,702 2,823 8,268 3,524 17,447 18,317 13,296  
depreciation 1,348 1,329 1,331 1,305 1,297 1,279 1,285 1,254 5,312 5,115 4,865  
weighted average shares outstanding 12,188,000 12,188,000 12,183,000 12,148,000 12,102,000 12,095,000 12,191,000 12,551,000 12,177,000 12,235,000 12,711,000  
weighted average shares outstanding, assuming dilution 12,413,000 12,405,000 12,389,000 12,366,000 12,323,000 12,290,000 12,348,000 12,711,000 12,414,000 12,450,000 12,866,000  
PER SHARE DATA                        
net income per share - basic $ 0.22 $ 0.69 $ 0.25 $ 0.27 $ 0.31 $ 0.23 $ 0.68 $ 0.28 $ 1.43 $ 1.50 $ 1.05  
net income per share - diluted $ 0.22 $ 0.68 $ 0.25 $ 0.26 $ 0.30 $ 0.23 $ 0.67 $ 0.28 $ 1.41 $ 1.47 $ 1.03  
book value $ 9.12 $ 8.93 $ 8.29 $ 8.05 $ 7.82 $ 7.52 $ 7.81 $ 7.26        
BALANCE SHEET DATA                        
operating working capital 41,120 [1] 44,657 [1] 41,210 [1] 38,442 [1] 39,228 [1] 40,214 [1] 35,616 [1] 36,637 [1] 41,120 [1] 39,228 [1]    
property, plant and equipment, net 31,376 30,115 30,559 30,808 30,594 30,055 30,621 31,016 31,376 30,594    
total assets 160,935 156,678 156,242 151,101 144,706 143,797 142,443 143,160 160,935 144,706 144,716  
capital expenditures 2,643 927 1,082 658 1,863 713 890 991 5,258 4,400 5,890  
long-term debt, current maturities of long-term debt, and line of credit 4,986 [2] 4,973 [2] 4,985 [2] 7,160 [2] 7,161 [2] 7,342 [2] 7,692 [2] 9,900 [2] 4,986 [2] 7,161 [2]    
shareholders' equity 111,744 109,443 101,515 98,585 95,583 91,966 95,388 91,831 111,744 95,583 89,000 80,341
capital employed $ 77,394 [3] $ 80,344 [3] $ 77,068 [3] $ 78,289 [3] $ 72,699 [3] $ 71,758 [3] $ 70,596 [3] $ 75,177 [3] $ 77,394 [3] $ 72,699 [3]    
RATIOS & OTHER DATA                        
gross profit margin 15.90% 16.40% 17.30% 18.60% 18.30% 18.30% 18.10% 19.00%        
operating income margin 6.00% 6.60% 7.10% 8.50% 8.60% 7.60% 7.10% 7.90%        
net income margin 3.70% 11.60% 4.40% 4.60% 5.30% 4.40% 12.60% 5.10%        
effective income tax rate 33.50% (83.20%) 35.70% 41.60% 36.90% 37.60% (82.40%) 34.40% 8.40% 9.70% 6.40%  
Debt-to-total capital employed ratio 6.40% [2] 6.20% [2] 6.50% [2] 9.10% [2] 9.90% [2] 10.20% [2] 10.90% [2] 13.20% [2] 6.40% [2] 9.90% [2]    
operating working capital turnover 7.0 [1] 7.0 [1] 7.1 [1] 7.1 [1] 7.4 [1] 7.9 [1] 8.3 [1] 8.5 [1]        
days sales in receivables 34 days 31 days 32 days 29 days 30 days 32 days 29 days 24 days        
inventory turnover 6.1 5.4 5.4 5.6 6.0 5.3 5.5 5.2        
stock price                        
high $ 21.10 $ 20.75 $ 19.82 $ 19.56 $ 18.15 $ 16.82 $ 12.35 $ 11.99        
low $ 17.61 $ 18.37 $ 17.60 $ 14.93 $ 14.76 $ 12.00 $ 9.75 $ 9.00        
close $ 18.61 $ 20.05 $ 19.80 $ 19.36 $ 16.25 $ 16.70 $ 12.28 $ 10.15 $ 18.61 $ 16.25    
daily average trading volume (shares) 27.1 26.9 21.2 34.7 51.9 43.4 29.9 38.6        
[1] Operating working capital for this calculation is accounts receivable and inventories, offset by accounts payable-trade and capital expenditures
[2] Debt includes long-term debt, current maturities of long-term debt, and line of credit.
[3] Capital employed represents long-term and current maturities of long-term debt, lines of credit, current and noncurrent deferred income tax liabilities, current and long-term income taxes payable, stockholders' equity, offset by cash and cash equivalents, short-term and long-term investments, current and noncurrent deferred income tax assets, and income taxes receivable.