Leases (Tables)

12 Months Ended

Apr. 27, 2024

Leases [Abstract]

Lease Costs

The components of lease expense were as follows:

	Fiscal Year Ended
(in millions)	April 27, 2024		April 29, 2023		April 30, 2022
Lease cost:
Operating lease cost	$	10.6	$	9.5	$	8.9
Variable lease cost		1.7		0.7		1.6
Total lease cost	$	12.3	$	10.2	$	10.5

Supplemental Cash Flow

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

	Fiscal Year Ended
	April 27, 2024			April 29, 2023			April 30, 2022
Operating cash flows:
Cash paid related to operating lease obligations, including lease termination payment (in millions)	$	9.6		$	8.8		$	10.8
Non-cash activity:
Right-of-use assets obtained in exchange for lease obligations (in millions)	$	6.7		$	11.7		$	7.7
Weighted-average remaining lease term (years)	4.6			5.1				5.3
Weighted-average discount rate		5.4	%		5.2	%		4.4	%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of April 27, 2024, are shown below:

(in millions)
Fiscal Year:
2025	$	7.7
2026		6.8
2027		6.2
2028		4.4
2029		1.8
Thereafter		4.1
Total lease payments		31.0
Less: imputed interest		(3.7	)
Present value of lease liabilities	$	27.3