Leases (Tables)

9 Months Ended

Jan. 25, 2020

Schedule of supplemental balance sheet information

Supplemental balance sheet information related to leases:



(Unaudited, amounts in thousands)	1/25/20
Operating leases
ROU assets	$	318,124
Lease liabilities, short-term	65,089
Lease liabilities, long-term	267,955
Finance leases
ROU assets	$	38
Lease liabilities, short-term	39
Lease liabilities, long-term	—

Schedule of ROU assets by segment

The ROU assets by segment are as follows:



(Unaudited, amounts in thousands)	1/25/20
Upholstery	$	57,800
Casegoods	4,214
Retail	242,987
Corporate & Other	13,161
Total ROU assets	$	318,162

Schedule of components of lease cost

The components of lease cost are as follows for the respective periods ended January 25, 2020:



(Unaudited, amounts in thousands)	Quarter Ended			Nine Months Ended
Operating lease cost	$	18,987		$	57,024
Financing lease cost	40			139
Short-term lease cost	25			76
Variable lease cost	48			142
Less: Sublease income	(633		)	(1,893		)
Total lease cost	$	18,467		$	55,488

Schedule of supplemental lease disclosures

The following tables present supplemental lease disclosures:



	Nine Months Ended January 25, 2020
(Unaudited, amounts in thousands)	Operating Leases		Financing Leases
Cash paid for amounts included in the measurement of lease liabilities	$	57,851	$	138
Lease liabilities arising from new ROU assets	52,954		—

Schedule of undiscounted cash flows and minimum contractual obligations

The following table presents our undiscounted cash flows as of January 25, 2020, and our minimum contractual obligations on our leases as of April 27, 2019:



	1/25/20				4/27/19
(Unaudited, amounts in thousands)	Operating Leases		Financing Leases		Operating Leases		Financing Leases
Within one year	$	76,348	$	40	$	76,508	$	180
After one year and within two years	66,953		—		71,544		19
After two years and within three years	55,988		—		58,763		—
After three years and within four years	44,375		—		46,541		—
After four years and within five years	37,576		—		36,082		—
After five years	95,660		—		102,782		—
Total lease payments	376,900		40		$	392,220	$	199
Less: Interest	43,856		1
Total lease obligations	$	333,044	$	39

(Unaudited, amounts in thousands)

Operating Leases

Financing Leases

Weighted-average remaining lease term (years)

Weighted-average discount rate