XML 36 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2
Shareholders' Equity (Tables)
3 Months Ended
Jul. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Buyback Activity Under Share Buyback Program

The following table summarizes the Company’s stock buyback activity under this share buyback program:

 

 

Three Months Ended

 

(in millions, except share and per share data)

 

July 30, 2022

 

 

July 31, 2021

 

Shares purchased

 

 

317,635

 

 

 

157,513

 

Average price per share

 

$

37.43

 

 

$

48.35

 

Total cost

 

$

11.9

 

 

$

7.6

 

Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax A summary of changes in AOCI, net of tax is shown below:

 

 

Three Months Ended July 30, 2022

 

(in millions)

 

Currency Translation Adjustments

 

 

Derivative Instruments

 

 

Total

 

Balance at beginning of period

 

$

(30.5

)

 

$

3.7

 

 

$

(26.8

)

  Other comprehensive income (loss)

 

 

(10.9

)

 

 

2.0

 

 

 

(8.9

)

  Tax (expense) benefit

 

 

-

 

 

 

(0.5

)

 

 

(0.5

)

Net other comprehensive income (loss)

 

 

(10.9

)

 

 

1.5

 

 

 

(9.4

)

Balance at the end of period

 

$

(41.4

)

 

$

5.2

 

 

$

(36.2

)

 

 

 

Three Months Ended July 31, 2021

 

(in millions)

 

Currency Translation Adjustments

 

 

Derivative Instruments

 

 

Total

 

Balance at beginning of period

 

$

11.5

 

 

$

(5.4

)

 

$

6.1

 

  Other comprehensive income (loss)

 

 

(3.9

)

 

 

1.1

 

 

 

(2.8

)

  Tax (expense) benefit

 

 

(0.2

)

 

 

(0.2

)

 

 

(0.4

)

Net other comprehensive income (loss)

 

 

(4.1

)

 

 

0.9

 

 

 

(3.2

)

Balance at the end of period

 

$

7.4

 

 

$

(4.5

)

 

$

2.9

 

 

Summary of Stock-based Compensation Expense Related to Equity Awards The table below summarizes the stock-based compensation expense related to the equity awards:

 

 

 

Three Months Ended

 

(in millions)

 

July 30, 2022

 

 

July 31, 2021

 

RSUs

 

$

2.4

 

 

$

2.5

 

Deferred director awards

 

 

1.0

 

 

 

0.8

 

Director awards

 

 

0.6

 

 

 

0.7

 

Total stock-based compensation expense

 

$

4.0

 

 

$

4.0

 

2014 Incentive Plan  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of RSA and RSU Activity

The following table summarizes RSU activity under the 2014 Plan:

 

 

Restricted Stock
 Units

 

 

Weighted
average grant
date fair value

 

Non-vested at April 30, 2022

 

 

936,391

 

 

$

29.16

 

Awarded

 

 

52,832

 

 

$

39.44

 

Vested

 

 

 

 

$

 

Forfeited

 

 

(734

)

 

$

48.41

 

Non-vested at July 30, 2022

 

 

988,489

 

 

$

29.70

 

2010 Plan and 2007 Plan  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of combined stock option activity and related information for stock options granted

The following table summarizes combined stock option activity under the 2010 Plan:

 

 

Shares

 

 

Weighted average exercise price

 

 

Weighted-
average life
(years)

 

 

Aggregate
intrinsic value
(in millions)

 

Outstanding and exercisable at April 30, 2022

 

 

60,000

 

 

$

37.01

 

 

 

2.2

 

 

$

0.5

 

Exercised

 

 

 

 

$

 

 

 

 

 

 

 

Forfeited

 

 

 

 

$

 

 

 

 

 

 

 

Outstanding and exercisable at July 30, 2022

 

 

60,000

 

 

$

37.01

 

 

 

1.9

 

 

$

0.3