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Net Income Per Share
 9 Months Ended
Feb. 01, 2015
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)
  
February 1, 2015
    
January 26, 2014
  
Weighted average common shares outstanding, basic
     12,219       12,188  
Dilutive effect of stock-based compensation
     198       217  
Weighted average common shares outstanding, diluted
     12,417       12,405  
 
All options to purchase shares of common stock were included in the computation of diluted net income for the three months ended February 1, 2015 and January 26, 2014, 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 January 26, 2014. At February 1, 2015, 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.

 
             
   
Nine months ended
  
(amounts in thousands)
  
February 1, 2015
    
January 26, 2014
  
Weighted average common shares outstanding, basic
     12,216       12,173  
Dilutive effect of stock-based compensation
     194       232  
Weighted average common shares outstanding, diluted
     12,410       12,405  
 
All options to purchase shares of common stock were included in the computation of diluted net income for the nine months ended February 1, 2015 and January 26, 2014, 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 nine months ending January 26, 2014. At February 1, 2015, 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.