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Net Income Per Share
 6 Months Ended
Nov. 02, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
12.  Net Income Per Share

Basic net income per share is computed using the weighted-average number of shares outstanding during the period.  Diluted net income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method.  Weighted average shares used in the computation of basic and diluted net income per share follows:
 
       
   
Three months ended
  
(amounts in thousands)
  
November 2, 2014
    
October 27, 2013
  
Weighted average common shares outstanding, basic
     12,218       12,183  
Dilutive effect of stock-based compensation
     183       206  
Weighted average common shares outstanding, diluted
     12,401       12,389  
 
All options to purchase shares of common stock were included in the computation of diluted net income for the three months ended November 2, 2014 and October 27, 2013, as the exercise price of the options was less than the average market price of the common shares.

The computation of basic net income per share did not include 61,667 shares of time vested restricted common stock as these shares were unvested for the three months ending October 27, 2013. At November 2, 2014, there were no outstanding and unvested shares of time vested restricted common stock and therefore, the computation of basic net income per share was not affected.
 
       
   
Six months ended
  
(amounts in thousands)
  
November 2, 2014
    
October 27, 2013
  
Weighted average common shares outstanding, basic
     12,215       12,165  
Dilutive effect of stock-based compensation
     188       226  
Weighted average common shares outstanding, diluted
     12,403       12,391  
 
All options to purchase shares of common stock were included in the computation of diluted net income for the six months ended November 2, 2014 and October 27, 2013, as the exercise price of the options was less than the average market price of the common shares.

The computation of basic net income per share did not include 61,667 shares of time vested restricted common stock as these shares were unvested for the six months ending October 27, 2013. At November 2, 2014, there were no outstanding and unvested shares of time vested restricted common stock and therefore, the computation of basic net income per share was not affected.