| Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Description of Business: As of April 29, 2016 , Bob Evans Farms, Inc. (“Bob Evans”) and its subsidiaries (collectively, Bob Evans and its subsidiaries are referred to as the “company,” “we,” “us” and “our”) owned and operated 527 full-service Bob Evans Restaurants in 18 states. Bob Evans Restaurants are primarily located in the Midwest, Mid-Atlantic and Southeast regions of the United States. In the BEF Foods segment, we produce and distribute a variety of complementary home-style, refrigerated side dish convenience food items and pork sausage under the Bob Evans ®, Owens ® and Country Creek ® brand names. These food products are available throughout the United States. We also manufacture and sell similar products to food-service customers, including Bob Evans Restaurants and other restaurants and food sellers. Effective February 15, 2013, we sold our Mimi’s Café restaurant chain to Le Duff America, Inc. (“Le Duff”). Le Duff is a U.S.-based subsidiary of Groupe Le Duff, a global bakery and restaurant company headquartered in France. Activity related to Mimi’s Café is classified as discontinued operations in the Fiscal 2014 Statements of Net Income. Principles of Consolidation: The consolidated financial statements include the accounts of Bob Evans and its subsidiaries. Intercompany accounts and transactions have been eliminated. Dollars are in thousands, except share and per share amounts. Use of Estimates: The preparation of financial statements in conformity with generally accepted accounting principles ("GAAP") requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. Actual results could differ from the estimates and assumptions used. Segment Information: We have two reporting segments: Bob Evans Restaurants and BEF Foods. The revenues from these two segments include both net sales to unaffiliated customers and intersegment net sales, which are accounted for on a basis consistent with net sales to unaffiliated customers. Intersegment net sales and other intersegment transactions have been eliminated in the consolidated financial statements. Operating income represents earnings before interest and income taxes. All direct costs related to our two reporting segments are included in segment results, while certain costs related to corporate and other functions are not allocated to our reporting segments. Prior to the first quarter of fiscal 2016, we allocated these corporate and other costs to our reporting segments. This change in reporting was made to present our results in line with the changes made during the first quarter in how our chief operating decision maker measures results of operations and allocates resources. We have adjusted the prior year amounts to reflect this change in presentation. See Note 11 for detailed segment information. Fiscal Year: Our fiscal year ends on the last Friday in April. References herein to fiscal 2016 , fiscal 2015 and fiscal 2014 refer to fiscal years ended April 29, 2016 , April 24, 2015 , and April 25, 2014 , respectively. Fiscal year 2016 is a 53 week period, whereas fiscal years 2015 and 2014 were comprised of 52 weeks . Revenue Recognition: Revenue in the Bob Evans Restaurants segment is recognized at the point of sale, other than revenue from the sale of gift cards, which is deferred and recognized upon redemption. Our gift cards do not have expiration dates or inactivity fees. All revenue is presented net of sales tax collections. We recognize revenue from gift cards when they are redeemed by the customer. In addition, we recognize income on unredeemed gift cards (“gift card breakage”) based on historical redemption patterns, referred to as the redemption recognition method. Gift card breakage is recognized proportionately over the period of redemption in net sales in the Consolidated Statements of Net Income. The liability for unredeemed gift cards is included in deferred gift card revenue on the Consolidated Balance Sheets, and was $14,147 and $13,714 at April 29, 2016 , and April 24, 2015 , respectively. Revenue in the BEF Foods segment is generally recognized when products are received by our customers. We engage in promotional (sales incentive / trade spend) programs in the form of “off-invoice” deductions, billbacks, cooperative advertising and coupons with our customers. Costs associated with these programs are classified as a reduction of gross sales in the period in which the sale occurs. Promotional (Trade) Spending: We engage in promotional (sales incentive) programs in the form of promotional discounts and coupons at Bob Evans Restaurants, and “off-invoice” deductions, billbacks, and cooperative advertising at BEF Foods. Costs associated with these programs are classified as a reduction of gross sales in the period in which the sale occurs. Promotional spending at Bob Evans Restaurants, primarily comprised of discounts taken on dine-in sales, was $40,033 , $53,636 and $46,452 for fiscal years 2016 , 2015 and 2014 , respectively. Promotional spending at BEF Foods, primarily comprised of off invoice deductions and bill backs, was $79,302 , $56,618 , and $49,130 for fiscal years 2016 , 2015 and 2014 , respectively. Shipping and Handling costs: Expenditures related to shipping our BEF Foods products to our customers are expensed when incurred. Shipping and handling costs were $14,850 , $17,025 and $18,557 in fiscal years 2016 , 2015 and 2014 , respectively, and recorded in the other operating expenses line of the Consolidated Statements of Net Income. Cash Equivalents: We consider all highly liquid instruments with a maturity of three months or less when purchased to be cash equivalents. We did not own any cash equivalents as of April 29, 2016 , or April 24, 2015 . Accounts Receivable: Accounts receivable represents amounts owed to us through our operating activities and are presented net of allowance for doubtful accounts and promotional incentives. Accounts receivable for Bob Evans Restaurants consist primarily of credit card receivables, while accounts receivable for BEF Foods consist primarily of trade receivables from customer sales. We evaluate the collectability of our accounts receivable based on a combination of factors. In circumstances where we are aware of a specific customer’s inability to meet its financial obligations to us, we record a specific allowance for bad debts against amounts due to reduce the net recognized receivable to the amount we reasonably believe will be collected. In addition, we recognize allowances for bad debts based on the length of time receivables are past due with allowance percentages, based on our historical experiences, applied on a graduated scale relative to the age of the receivable amounts. If circumstances such as higher than expected bad debt experience or an unexpected material adverse change in a major customer’s ability to meet its financial obligations to us were to occur, the recoverability of amounts due to us could change by a material amount. We had allowances for doubtful accounts of $534 and $542 as of April 29, 2016 , and April 24, 2015 , respectively. Accounts receivable was reduced by $4,916 and $3,671 as of April 29, 2016 , and April 24, 2015 , respectively, related to promotional incentives that reduce what is owed to the Company from certain BEF Foods customers. Concentration of Credit Risk: We maintain cash depository accounts with major banks. Accounts receivable can be potentially exposed to a concentration of credit risk with customers or in particular industries. Such credit risk is considered by management to be limited due to our many retail customers. We have two individual customers that in total represent approximately 35% of net sales in our BEF Foods reporting segment, or approximately 10% of net company sales. In addition, we maintain reserves for credit losses and such losses have historically been within our expectations. Notes Receivable: As a result of the sale of Mimi’s Café to Le Duff, we received a promissory note for $30,000 . The Note has an annual interest rate of 1.5% , a term of seven years and a full principal and interest payment date of February 2020. Partial prepayments are required prior to maturity if the buyer reaches certain levels of EBITDA during specified periods. No partial prepayments have been received on this Note as of April 29, 2016 . Our right to repayment under the Note is subordinated to third party lenders as well as other funding that may be provided by the parent company. In the event of a sale or liquidation of Mimi’s Café by its parent company, our right to repayment may be subordinated to payments owed to the parent company and potentially reduced based on the funds available for repayment. The Note was originally valued using a discounted cash flow model. The Note is recorded on the notes receivable line of the Consolidated Balance sheet, and was $20,886 and $18,337 as of April 29, 2016 , and April 24, 2015 , respectively. The Company recognized accretion income on the Note of $ 2,082 , $1,859 and $1,918 in fiscal years 2016 , 2015 and 2014 , respectively, and interest income on the Note of $468 , $461 and $454 in fiscal years 2016 , 2015 and 2014 , respectively. Accretion and interest income are reflected within the net interest expense caption of the Consolidated Statements of Net Income. Inventories: We value our Bob Evans Restaurants inventories at the lower of first-in, first-out cost (“FIFO”) or market and our BEF Foods inventories are determined on an average cost method which approximates a FIFO basis due to the perishable nature of our inventory. Inventory includes raw materials and supplies ( $13,815 in fiscal 2016 and $12,898 in fiscal 2015 ) and finished goods ( $11,183 in fiscal 2016 and $11,722 in fiscal 2015 ). Property, Plant and Equipment: Property, plant and equipment is recorded at cost less accumulated depreciation. The straight-line depreciation method is used for nearly all capitalized assets, although some assets purchased prior to fiscal 1995 continue to be depreciated using accelerated methods. Depreciation is calculated at rates adequate to amortize costs over the estimated useful lives of buildings and improvements ( 5 to 50 years) and machinery and equipment ( 3 to 10 years). Improvements to leased properties are depreciated over the shorter of their useful lives or the initial lease terms. Total depreciation expense was $79,450 , $79,917 and $79,299 in fiscal years 2016 , 2015 and 2014 , respectively. During the year ended April 29, 2016 , we capitalized internal labor costs of $2,308 . This includes $1,132 of capitalized costs for our ERP implementation, with the remaining amount primarily related to other IT projects. During the year ended April 24, 2015 , we capitalized internal labor costs of $4,498 . This includes $3,242 of capitalized costs for our ERP implementation and $1,256 for restaurant construction. The first phase of our ERP system was put in service on April 25, 2015, and has an expected useful life of ten years . We are working to implement the second phase of our ERP system, which is expected to go live in fiscal 2017. We evaluate property, plant and equipment held and used in the business for impairment whenever events or changes circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. Impairment is determined by comparing the estimated fair value for the asset group to the carrying amount of its assets. If impairment exists, the amount of impairment is measured as the excess of the carrying amount over the estimated fair values of the assets. See Note 5 for further information. Assets for 30 Bob Evans Restaurants' locations, as well as our Richardson, Texas, location totaling $31,644 are classified as Current assets held for sale in the Consolidated Balance Sheet as of April 29, 2016 . To be consistent with current period presentation, we have reclassified the assets for 22 Bob Evans Restaurants' locations to the long-term assets held for sale line in the Consolidated Balance Sheets as of April 24, 2015 . Goodwill and Other Intangible Assets: Goodwill and other intangible assets, which primarily represents the cost in excess of fair market value of net assets acquired, were $19,829 and $19,986 as of April 29, 2016 , and April 24, 2015 , respectively. The goodwill and intangible assets are related to the BEF Foods segment. The majority of our goodwill was acquired as part of our fiscal 2013 acquisition of Kettle Creations. Additionally, as part of this acquisition we obtained a non-compete agreement with certain executives of the former company. The Kettle Creations non-compete agreement is amortized on a straight-line basis over its estimated economic life of five years. Additionally, in fiscal 2015 we recorded a $2,761 impairment charge to write off the value of the Kettle Creations trade name. The charge was recorded in the impairments line of the Consolidated Statements of Net Income. Goodwill and intangible assets with indefinite lives are not amortized, but rather are tested for impairment during the fourth quarter each year or on a more frequent basis when indicators of impairment exist. Goodwill and indefinite lived intangible asset impairment testing involves a comparison of the estimated fair value of reporting units to the respective carrying amount. If the estimated fair value exceeds the carrying amount, then no impairment exists. If the carrying amount exceeds the estimated fair value, then a second step is performed to determine the amount of impairment, if any. We perform our impairment test using a combination of income-based and market-based approaches. The income based approach indicates the fair value of an asset or business based on the cash flows it can be expected to generate over its remaining useful life. Under the market-based approach, fair value is determined by comparing our reporting units to similar businesses or guideline companies whose securities are actively traded in public markets. There have been no impairments to our goodwill in the current or prior years. Accrued Non-Income Taxes: Accrued non-income taxes primarily represent obligations for real estate and personal property taxes, as well as sales and use taxes for Bob Evans Restaurants. Accrued non-income taxes were $15,696 and $14,951 at April 29, 2016 , and April 24, 2015 , respectively. Self-Insurance Reserves: We record estimates for certain health, workers’ compensation and general liability insurance costs that are self-insured programs. Self-insurance reserves include actuarial estimates of both claims filed, carried at their expected ultimate settlement value, and claims incurred but not yet reported. Our liability represents an estimate of the ultimate cost of claims incurred as of the fiscal year end balance sheet date. Self-insurance reserves were $20,169 and $18,900 at April 29, 2016 , and April 24, 2015 , respectively. Deferred gains on sale leaseback transactions: Gains on the sale of properties related to our sale leaseback transactions are deferred and recognized on a straight-line basis over the initial term of the lease as a reduction of rent expense. Gains of $56,868 and $2,305 were recorded and deferred as part of our fiscal 2016 Bob Evans Restaurants and BEF Foods sale leaseback transactions, respectively. Deferred gains of $2,952 will be recognized in fiscal 2017 and are recorded as a current liability in the other accrued expenses line of the Consolidated Balance Sheet. See Note 10 for additional information on our sale leaseback transactions. Restaurant Preopening Expenses: Expenditures related to the opening of new restaurants and the Farm Fresh Refresh remodel initiative, which was completed in fiscal 2014, are expensed when incurred. Preopening expenses were $182 , $1,272 and $4,378 in fiscal years 2016 , 2015 and 2014 , respectively, and recorded in the other operating expenses line of the Consolidated Statements of Net Income. Advertising Costs: Media advertising is expensed at the time the media first airs. We expense all other advertising costs as incurred. Advertising expense was $36,566 , $37,024 , and $34,368 in fiscal years 2016 , 2015 and 2014 , respectively. Approximately 82% of advertising costs are incurred in the Bob Evans Restaurant segment. Advertising costs are classified in other operating expenses in the Consolidated Statements of Net Income. Cost of Sales: Cost of sales represents primarily food cost for Bob Evans Restaurants and cost of materials in the BEF Foods segment. Cost of sales also includes carryout supplies for Bob Evans Restaurants. Cash rebates that we receive from suppliers are recorded as a reduction of cost of sales in the periods in which they are earned. The amount of each rebate is directly related to the quantity of product purchased from the supplier. Cost of sales excludes depreciation expense, which is recorded in the depreciation and amortization expense line on the Consolidated Statements of Net Income. Impairments: Impairment charges on property, plant and equipment and intangible assets are recorded to the impairments line of the Consolidated Statements of Net Income. See Note 5 for additional information. Comprehensive Income: Comprehensive income is the same as reported net income as we have no other comprehensive income. Earnings Per Share: Our basic EPS computation is based on the weighted-average number of shares of common stock outstanding during the period presented. Our diluted EPS calculation reflects the assumed vesting of restricted shares and market-based performance shares, the exercise and conversion of outstanding employee stock options and the settlement of share-based obligations recorded as liabilities on the Consolidated Balance Sheets (see Note 7 for more information), net of the impact of antidilutive shares. The numerator in calculating both basic and diluted EPS for each period is reported net income. The denominator is based on the following weighted-average shares outstanding: (in thousands) 2016 2015 2014 Basic 21,336 23,489 26,450 Dilutive shares 158 160 254 Diluted 21,494 23,649 26,704 In fiscal years 2016 , 2015 and 2014 , respectively, there were 207,538 , 124,766 and 127,201 shares of common stock excluded from the diluted earnings-per-share calculations because they were antidilutive. Dividends: In Fiscal 2016 , we paid two quarterly dividends equal to $0.34 per share and two quarterly dividends equal to $0.31 per share on our outstanding common stock. Individuals that hold awards for unvested and outstanding restricted stock units, market-based performance share units and outstanding deferred stock awards are entitled to receive dividend equivalent rights equal to the per-share cash dividends paid on outstanding units. Dividend equivalent rights are forfeitable until the underlying share-units from which they were derived vest. Share-based dividend equivalents are recorded as a reduction to retained earnings, with an offsetting increase to capital in excess of par value. Refer to table below: 2016 2015 Cash dividends paid to common stock holders $ 27,861 $ 29,056 Dividend Equivalent Rights 400 370 Total dividends $ 28,261 $ 29,426 Leases: We rent certain restaurant facilities and two BEF Foods production facilities under operating leases having initial terms that typically expire 20 years from inception. The leases typically contain renewal clauses of 5 to 30 years , exercisable at our option. Most leases contain either fixed or inflation-adjusted escalation clauses. Rent expense for our operating leases is recorded on a straight-line basis over the lease term for those leases with fixed rent-escalation clauses. Our straight-line rent calculations do not include an assumption of lease renewal periods. We record the difference between the amount charged to expense and the rent paid as deferred rent in the Consolidated Balance Sheets. We commence lease expense upon delivery of the leased location by the lessor. Rent expense for Bob Evans Restaurants was $5,783 , $5,460 and $5,153 in fiscal years 2016 , 2015 and 2014 , respectively, and is recorded in the other operating expenses line in the Consolidated Statements of Net Income. Rent expense for BEF Foods was $2,202 in fiscal 2016, and primarily relates to our two production facilities that were sold and leased back in the second quarter of fiscal 2016 . Refer to Note 10 for additional information on our sale leaseback transactions and refer to the following table for expected future minimum lease payments, which excludes the impact of any available renewal periods: (in thousands) 2017 2018 2019 2020 2021 Thereafter Future operating lease payments $ 21,445 $ 21,602 $ 21,745 $ 21,843 $ 21,748 $ 304,283 Income Taxes: We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined on the basis of differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. We recognize deferred tax assets to the extent that we believe these assets are more likely than not to be realized. In making such a determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If we determine that we would be able to realize our deferred tax assets in the future in excess of their net recorded amount, we would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. We record uncertain tax positions in accordance with the Income Taxes Topic of the FASB ASC 740 on the basis of a two-step process whereby (1) we determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, we recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company recognizes interest and penalties related to unrecognized tax benefits within the income tax expense line in the accompanying Consolidated Statement of Net Income. Accrued interest and penalties are included within the related tax liability line in the Consolidated Balance Sheets. See Note 3 for additional information. Commitments and Contingencies: We occasionally use purchase commitment contracts to stabilize the potentially volatile pricing associated with certain commodity items. We are self-insured for most casualty losses and employee health care claims up to certain stop-loss limits per claim. We have accounted for liabilities for casualty losses, including both reported claims and incurred but not reported claims, based on information provided by independent actuaries. We have estimated our employee health care claims liability through a review of incurred and paid claims history. We do not believe that our calculation of casualty losses and employee health-care claims liabilities would change materially under different conditions and/or different methods. However, due to the inherent volatility of actuarially determined casualty losses and employee health care claims, it is reasonably possible that we could experience changes in estimated losses, which could be material to net income. We are from time to time involved in ordinary and routine litigation, typically involving claims from customers, employees and others related to operational issues common to the restaurant and food manufacturing industries. Management presently believes that the ultimate outcome of these proceedings, individually or in the aggregate, will not have a material adverse effect on our financial position, cash flows or results of operations. See Note 8 for further information. Reclassifications : Certain prior period amounts have been reclassified to conform to the current presentation. We reclassified $17,025 and $18,557 of BEF Foods' shipping and handling costs from the S,G&A line to the other operating expenses line on the Consolidated Statements of Net Income for fiscal 2015 and fiscal 2014 , respectively. We believe these costs are better reflected as other operating expenses. We reclassified $6,203 and $4,470 of impairment charges related to impairments on long-lived assets from the S,G&A line to the impairments line on the Consolidated Statements of Net Income for fiscal 2015 and fiscal 2014 , respectively. Formerly, we only separately presented impairments on assets classified as held-for-sale. We reclassified $3,607 and $4,344 of BEF Foods' advertising costs from the S,G&A line to the other operating expenses line on the Consolidated Statements of Net Income for fiscal 2015 and fiscal 2014 , respectively. We believe these costs are better classified as other operating expenses rather than S,G&A. Advertising costs for both Bob Evans Restaurants and BEF Foods are now classified as other operating expenses. These reclassifications had no impact on operating income for fiscal 2015 and fiscal 2014 , respectively. New Accounting Pronouncements : In the normal course of business, management evaluates all new accounting pronouncements issued by the FASB, the Securities and Exchange Commission (“SEC”), the Emerging Issues Task Force, the American Institute of Certified Public Accountants or any other authoritative accounting body to determine the potential impact they may have on the Company’s consolidated financial statements. The pronouncements below were either adopted by the Company in fiscal 2016 or will be effective for the Company in future years. In April 2015, the FASB issued ASU 2015-03, to ASC 835-30 "Interest - Imputation of Interest." ASU 2015-03 will require that debt issuance costs related to a recognized term-debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. We adopted ASU 2015-03 in the first quarter of fiscal 2016. This update did not have an impact on the consolidated financial statements. In November 2015, the FASB issued ASU 2015-17, Income Taxes: Balance Sheet Classification of Deferred Taxes. ASU 2015-17 requires that deferred tax assets and liabilities be classified as noncurrent in a classified statement of financial position. The adoption of this standard will result in the reclassification of all current deferred tax assets and liabilities to noncurrent in the Company's Consolidated Balance Sheets. We elected to early adopt this standard effective April 29, 2016 using the retrospective application transition method as allowed by the standard. Upon adoption, prior period financial statements were adjusted to present all deferred tax asset and liabilities as noncurrent on the balance sheet. See Note 3 for additional information on the impact from this change. In May 2014, the FASB and the International Accounting Standards Board ("IASB") issued new joint guidance surrounding revenue recognition. Under U.S. generally accepted accounting principles ("US GAAP"), this guidance is being introduced to the ASC as Topic 606, Revenue from Contracts with Customers ("Topic 606"), by Accounting Standards Update No. 2014-09. The new standard supersedes a majority of existing revenue recognition guidance under US GAAP, and requires companies to recognize revenue when it transfers goods or services to a customer in an amount that reflects the consideration to which a company expects to be entitled. Companies may need to use more judgment and make more estimates while recognizing revenue, which could result in additional disclosures to the financial statements. Topic 606 allows for either a "full retrospective" adoption or a "modified retrospective" adoption. The standard is effective for us in fiscal 2019. We are currently evaluating which method we will use and the revenue recognition impact this guidance will have once implemented. In August 2014, the FASB issued Accounting Standards Update No. 2014-15, Presentation of Financial Statements - Going Concern to provide guidance about management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern. The guidance requires management to assess whether there are conditions or events, considered in the aggregate, that raise substantial doubt about an entity's ability to continue as a going concern within one year after the date that the financial statements are issued. When management identifies such conditions or events, a footnote disclosure is required to disclose their nature, as well as management's plans to alleviate the substantial doubt to continue as a going concern. The standard is effective for our fiscal 2017. We do not expect this update to have an impact on the consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory. ASU 2015-11 simplifies the subsequent measurement of inventory by replacing today's lower of cost or market test with a lower of cost or net realizable test, which is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The standard is effective for us in fiscal 2018. We do not expect this update to have a material impact on the consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases. This guidance requires companies to put most leases on their balance sheets but recognize expenses on their income statements in a manner similar to today’s accounting. The new standard also will result in enhanced quantitative and qualitative disclosures, including significant judgments made by management, to provide greater insight into the extent of revenue and expense recognized and expected to be recognized from existing leases. The standard requires modified retrospective adoption and will be effective beginning in fiscal 2020, with early adoption permitted. We are currently evaluating this standard, including the timing of adoption, and the related impact on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Compensation Accounting. ASU 2016-09 requires that excess tax benefits are recorded on the income statement as opposed to additional paid-in-capital, and treated as an operating activity on the statement of cash flows. ASU 2016-09 also allows companies to make an accounting policy election to either estimate the number of awards that are expected to vest (current GAAP) or account for forfeitures when they occur. ASU 2016-09 further requires cash paid by an employer when directly withholding shares for tax-withholding purposes to be classified as a financing activity on the statement of cash flows. The standard is effective for us in fiscal 2018. We are currently evaluating the impact this standard will have on our consolidated financial statements. |
