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STOCK-BASED COMPENSATION (Tables)

12 Months Ended

May 01, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Stock Option Activity

The following tables summarize stock option activity for fiscal 2016, 2015, and 2014:

		2016								2015								2014
						Weighted-								Weighted-								Weighted-
						Average								Average								Average
						Exercise								Exercise								Exercise
		Shares				Price				Shares				Price				Shares				Price
outstanding at beginning
of year			140,100			$	6.49				153,950			$	6.70				182,825			$	6.99
granted			-				-				-				-				-				-
exercised			(54,500	)			3.68				(10,100	)			9.31				(23,125	)			8.40
canceled/expired			(2,000	)			4.59				(3,750	)			7.27				(5,750	)			9.28
outstanding at end of year			83,600				8.37				140,100				6.49				153,950				6.70

Summary of Stock Option Activity by Range of Exercise Prices

		Options Outstanding												Options Exercisable
Range of		Number				Weighted-Avg.								Number
		Outstanding				Remaining				Weighted-Avg.				Exercisable				Weighted-Avg.
Exercise Prices		at 5/01/16				Contractual Life				Exercise Price				at 5/01/16				Exercise Price
$4.59 - $5.41			2,000				0.4			$	5.41				2,000			$	5.41
$7.08 - $9.57			81,600				1.3			$	8.44				81,600			$	8.44
			83,600				1.3			$	8.37				83,600			$	8.37

Summary of Time Vested Restricted Stock Activity

The following table summarizes the time vested restricted stock activity for fiscal 2016, 2015, and 2014:

		2016 Shares				2015 Shares				2014 Shares
outstanding at beginning of year			-				61,668				123,335
granted			-				-				-
vested			-				(61,668	)			(61,667	)
outstanding at end of year			-				-				61,668

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- References

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- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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