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Shareholders' Equity (Tables)
3 Months Ended
Aug. 02, 2025
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax A summary of changes in AOCL, net of tax is shown below:

 

 

Three Months Ended August 2, 2025 (13 Weeks)

 

(in millions)

 

Currency translation adjustments

 

 

Derivative instruments

 

 

Total

 

Balance at beginning of period

 

$

(28.2

)

 

$

(1.6

)

 

$

(29.8

)

Other comprehensive income

 

 

6.2

 

 

 

0.7

 

 

 

6.9

 

Tax benefit (expense)

 

 

0.1

 

 

 

(0.2

)

 

 

(0.1

)

Net other comprehensive income

 

 

6.3

 

 

 

0.5

 

 

 

6.8

 

Balance at the end of period

 

$

(21.9

)

 

$

(1.1

)

 

$

(23.0

)

 

 

Three Months Ended July 27, 2024 (13 Weeks)

 

(in millions)

 

Currency translation adjustments

 

 

Derivative instruments

 

 

Total

 

Balance at beginning of period

 

$

(36.5

)

 

$

(0.2

)

 

$

(36.7

)

Other comprehensive income (loss)

 

 

1.1

 

 

 

(2.2

)

 

 

(1.1

)

Tax benefit

 

 

1.0

 

 

 

0.5

 

 

 

1.5

 

Net other comprehensive income (loss)

 

 

2.1

 

 

 

(1.7

)

 

 

0.4

 

Balance at the end of period

 

$

(34.4

)

 

$

(1.9

)

 

$

(36.3

)

 

Summary of RSA and RSU Activity The following table summarizes RSU activity:

 

 

Restricted
stock
units

 

 

Weighted
average grant
date fair value

 

Non-vested at May 3, 2025

 

 

620,550

 

 

$

15.31

 

Awarded

 

 

 

 

$

 

Vested

 

 

(40,615

)

 

$

18.69

 

Forfeited

 

 

(11,548

)

 

$

28.21

 

Non-vested at August 2, 2025

 

 

568,387

 

 

$

14.81

 

Summary of PSU Activity The following table summarizes PSU activity:

 

 

Performance
stock
units

 

 

Weighted
average grant
date fair value

 

Non-vested at May 3, 2025

 

 

208,661

 

 

$

14.09

 

Awarded

 

 

 

 

$

 

Vested

 

 

 

 

$

 

Forfeited

 

 

 

 

$

 

Non-vested at August 2, 2025

 

 

208,661

 

 

$

14.09

 

Summary of Awards Granted to Non-employee Directors The following table summarizes awards granted to non-employee directors:

 

 

Non-employee director awards

 

 

Deferred non-employee director awards

 

 

Total

 

 

Weighted
average grant
date fair value

 

Outstanding at May 3, 2025

 

 

 

 

 

147,312

 

 

 

147,312

 

 

$

22.39

 

Awarded

 

 

 

 

 

1,629

 

 

 

1,629

 

 

$

6.33

 

Issued

 

 

 

 

 

 

 

 

 

 

$

 

Non-vested at August 2, 2025

 

 

 

 

 

148,941

 

 

 

148,941

 

 

$

22.21

 

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

 

 

 

August 2, 2025

 

 

July 27, 2024

 

(in millions)

 

(13 Weeks)

 

 

(13 Weeks)

 

RSUs

 

$

0.9

 

 

$

0.7

 

PSUs

 

 

0.3

 

 

 

 

Deferred non-employee director awards

 

 

 

 

 

0.9

 

Non-employee director awards

 

 

 

 

 

0.6

 

Total stock-based compensation expense

 

$

1.2

 

 

$

2.2