Fair Value Measurements (Tables)

12 Months Ended

Apr. 27, 2019

Fair Value Measurements

Fair value hierarchy for assets and liabilities measured at fair value on a recurring basis

Fiscal 2019	Fair Value Measurements
(Amounts in thousands)	Level 1		Level 2		Level 3
Assets
Marketable securities	$	5	$	34,390	$	—
Held-to-maturity investments		3,341		—		—
Cost basis investment		—		—		11,979
Total assets	$	3,346	$	34,390	$	11,979
Liabilities
Contingent consideration liability	$	—	$	—	$	7,900

Fiscal 2018	Fair Value Measurements
(Amounts in thousands)	Level 1		Level 2		Level 3
Assets
Marketable securities	$	1,141	$	37,173	$	—
Held-to-maturity investments		3,340		—		—
Cost basis investment		—		—		10,954
Total assets	$	4,481	$	37,173	$	10,954
Liabilities
Contingent consideration liability	$	—	$	—	$	344

Reconciliation of Level 3 assets recorded at fair value using significant unobservable inputs

(Amounts in thousands)	Level 3
Assets
Balance at April  28, 2018	$	10,954
Purchases		1,025
Balance at April  27, 2019	$	11,979

Reconciliation of Level 3 liabilities recorded at fair value using significant unobservable inputs

(Amounts in thousands)	Level 3
Liabilities
Balance at April 28, 2018	$	344
Acquisitions		7,500
Write-up, net		74
Translation adjustment		(18)
Balance at April 27, 2019	$	7,900