Shareholders' Equity (Tables)

12 Months Ended

May 01, 2021

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
	May 1, 2021			May 2, 2020			April 27, 2019
(in millions)	(52 Weeks)			(53 Weeks)			(52 Weeks)
Currency Translation Adjustments:
Balance at beginning of period	$	(25.9	)	$	(13.6	)	$	13.9
Other comprehensive income (loss) recognized during the period, net of tax (expense) benefit of $(1.2) million; $0.6 million; $0.0 million		37.4			(12.3	)		(27.5	)
Balance at end of period		11.5			(25.9	)		(13.6	)
Derivative Financial Instruments:
Balance at beginning of period		(1.0	)		—			—
Other comprehensive loss recognized during the period, net of tax benefit of $1.3 million; $0.3 million; $—		(4.4	)		(1.0	)		—
Balance at end of period		(5.4	)		(1.0	)		—
Accumulated other comprehensive income (loss)	$	6.1		$	(26.9	)	$	(13.6	)

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
	May 1, 2021		May 2, 2020			April 27, 2019
(in millions)	(52 Weeks)		(53 Weeks)			(52 Weeks)
RSAs	$	—	$	(2.1	)	$	10.9
RSUs		5.9		1.5			2.2
Director awards		0.9		0.9			0.9
Total stock-based compensation expense	$	6.8	$	0.3		$	14.0

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:

	Restricted Stock Awards			Weighted average grant date fair value
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		—		$	—
Awarded		917,000		$	28.30
Vested		—		$	—
Forfeited		—		$	—
Non-vested at May 1, 2021		917,000		$	28.30

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

	Restricted Stock Units			Weighted average grant date fair value
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
Awarded		938,300		$	28.30
Vested		(25,201	)	$	29.87
Forfeited		—		$	—
Non-vested at May 1, 2021		916,199		$	28.30

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			Weighted average exercise price		Weighted- average life (years)		Aggregate intrinsic value (in millions)
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
Exercised		(24,500	)	$	31.61
Forfeited		(9,168	)	$	37.01
Outstanding and exercisable at May 1, 2021		73,000		$	37.01		3.2	$	0.6