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CONSOLIDATED STATEMENTS OF NET INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 26, 2014
Jan. 27, 2013
Jan. 26, 2014
Jan. 27, 2013
Net sales $ 72,389 $ 63,695 $ 213,119 $ 198,439
Cost of sales 60,552 52,010 175,974 161,757
Gross profit 11,837 11,685 37,145 36,682
Selling, general and administrative expenses 7,041 6,822 21,340 21,672
Income from operations 4,796 4,863 15,805 15,010
Interest expense 91 145 330 491
Interest income (148) (105) (343) (328)
Other expense 279 300 895 421
Income before income taxes 4,574 4,523 14,923 14,426
Income taxes (3,807) 1,700 216 (188)
Net income $ 8,381 $ 2,823 $ 14,707 $ 14,614
Net income per share, basic $ 0.69 $ 0.23 $ 1.21 $ 1.19
Net income per share, diluted $ 0.68 $ 0.23 $ 1.19 $ 1.17
Average shares outstanding, basic 12,188 12,095 12,173 12,279
Average shares outstanding, diluted 12,405 12,290 12,405 12,467