Leases (Tables)

3 Months Ended

Jul. 27, 2019

Leases [Abstract]

Lease Costs

The components of lease expense were as follows:

(Dollars in Millions)	Three Months Ended July 27, 2019
Lease Cost:
Operating Lease Cost	$	2.5
Variable Lease Cost	0.2
Total Lease Cost	$	2.7

Supplemental Cash Flow

Supplemental cash flow and other information related to operating leases was as follows:

(Dollars in Millions)	Three Months Ended July 27, 2019
Operating Cash Flows:
Cash Paid Related to Operating Lease Obligations	$	2.1
Non-cash Activity:
Right-of-use Assets Obtained in Exchange for Lease Obligations	$	0.5
Weighted-average Remaining Lease Term	6.0 years
Weighted-average Discount Rate	4.64		%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of July 27, 2019, are shown below:

(Dollars in Millions)	Operating Leases
Fiscal Year:
Remainder of 2020	$	5.8
2021	5.5
2022	5.0
2023	4.3
2024	3.1
Thereafter	7.4
Total Lease Payments	31.1
Less: Imputed Interest	(4.3		)
Present Value of Lease Liabilities	$	26.8

Future Minimum Lease Payments

Future minimum lease payments for assets under operating leases as of April 27, 2019 were as follows:

(Dollars in Millions)	Operating Leases
Fiscal Years:
2020	$	7.8
2021	5.6
2022	4.9
2023	4.2
2024	3.3
Thereafter	8.4
Net Minimum Lease Payments	$	34.2