Leases (Tables)

12 Months Ended

Apr. 29, 2023

Leases [Abstract]

Lease Costs

The components of lease expense were as follows:

	Fiscal Year Ended
(in millions)	April 29, 2023		April 30, 2022		May 1, 2021
Lease cost:
Operating lease cost	$	9.5	$	8.9	$	8.4
Variable lease cost		0.7		1.6		1.6
Total lease cost	$	10.2	$	10.5	$	10.0

Supplemental Cash Flow

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

	Fiscal Year Ended
	April 29, 2023			April 30, 2022			May 1, 2021
Operating cash flows:
Cash paid related to operating lease obligations, including lease termination payment (in millions)	$	8.8		$	10.8		$	9.3
Non-cash activity:
Right-of-use assets obtained in exchange for lease obligations (in millions)	$	11.7		$	7.7		$	5.7
Weighted-average remaining lease term (years)	5.1			5.3				5.0
Weighted-average discount rate		5.2	%		4.4	%		4.6	%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of April 29, 2023, are shown below:

(in millions)
Fiscal Year:
2024	$	7.8
2025		6.0
2026		5.2
2027		5.0
2028		3.3
Thereafter		5.8
Total lease payments		33.1
Less: imputed interest		(4.5	)
Present value of lease liabilities	$	28.6