Shareholders' Equity (Tables)

12 Months Ended

May 02, 2020

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 accumulated other comprehensive income (loss), net of tax is shown below:

	Fiscal Year Ended
(Dollars in Millions)	May 2, 2020			April 27, 2019			April 28, 2018
Currency Translation Adjustments:
Balance at Beginning of Year	$	(13.6	)	$	13.9		$	(25.7	)
Other Comprehensive Income (Loss) Recognized During the Period, Net of Tax		(12.3	)		(27.5	)		39.6
Balance at End of Year		(25.9	)		(13.6	)		13.9
Derivative Instruments:
Balance at Beginning of Year		—			—			—
Other Comprehensive Loss Recognized During the Period, Net of Tax		(1.0	)		—			—
Balance at End of Year		(1.0	)		—			—
Accumulated Other Comprehensive Income (Loss), End of Period	$	(26.9	)	$	(13.6	)	$	13.9

Summary of Stock-based Compensation Expense (Benefit) Related to Equity Awards

The table below summarizes the stock-based compensation expense (benefit) related to the equity awards:

	Fiscal Year Ended								Unrecognized Compensation Expense at
	May 2, 2020			April 27, 2019		April 28, 2018
(Dollars in Millions)	(53 Weeks)			(52 Weeks)		(52 Weeks)			May 2, 2020
RSAs	$	(2.1	)	$	10.9	$	(2.0	)	$	—
RSUs		1.5			2.2		5.0			—
Director Awards		0.9			0.9		1.0			—
Total Stock-based Compensation Expense	$	0.3		$	14.0	$	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 the RSA activity under the 2014 Incentive Plan:

	RSA Shares			Wtd. Avg. Grant Date Fair Value
Non-vested at April 29, 2017		1,168,500		$	33.42
Awarded		128,738		$	40.92
Vested		—		$	—
Forfeited		(126,000	)	$	34.42
Non-vested at April 28, 2018		1,171,238		$	34.13
Awarded		11,625		$	38.75
Vested		—		$	—
Forfeited		(151,455	)	$	34.79
Non-vested at April 27, 2019		1,031,408		$	34.09
Awarded		—		$	—
Vested		(455,750	)	$	33.89
Forfeited		(575,658	)	$	34.25
Non-vested at May 2, 2020		—		$	—

The following table summarizes RSU activity granted under the 2014 Plan:

	RSU Shares			Wtd. Avg. Grant Date Fair Value
Non-vested at April 29, 2017		568,000		$	33.45
Awarded		30,925		$	41.82
Vested		(160,553	)	$	33.72
Forfeited		(56,000	)	$	34.42
Non-vested at April 28, 2018		382,372		$	33.87
Awarded		7,750		$	38.75
Vested		(152,328	)	$	33.75
Forfeited		(49,950	)	$	32.42
Non-vested at April 27, 2019		187,844		$	34.55
Awarded		—		$	—
Vested		(176,994	)	$	34.25
Forfeited		(7,750	)	$	38.75
Non-vested at May 2, 2020		3,100		$	41.20

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 and 2007 Plan:

	Shares			Wtd. Avg. Exercise Price		Weighted- Average Life (years)		Aggregate Intrinsic Value (in millions)
Outstanding and Exercisable at April 29, 2017		129,169		$	34.71
Exercised		(13,333	)	$	24.67
Forfeited		(1,668	)	$	37.01
Outstanding and Exercisable at April 28, 2018		114,168		$	35.85		6.1	$	0.6
Exercised		—		$	—
Forfeited		(7,500	)	$	37.01
Outstanding and Exercisable at April 27, 2019		106,668		$	35.76		5.0	$	0.1
Exercised		—		$	—
Forfeited		—		$	—
Outstanding and Exercisable at May 2, 2020		106,668		$	35.76		4.0	$	0.1

Summary of stock option activity and related information for stock options granted, options outstanding and exercisable

Options Outstanding and Exercisable at May 2, 2020
Shares		Exercise Price		Avg. Remaining Life (Years)
	101,668	$	37.01		4.2
	5,000	$	10.55		0.2