Note 11 - Commitments and Contingencies

12 Months Ended

Apr. 27, 2019

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

11. COMMITMENTS AND CONTINGENCIES

We lease buildings, machinery and equipment under various non-cancelable operating lease agreements expiring at various dates through

2029.

Certain of these leases contain scheduled rent increases and/or renewal options. Contractual rent increases are taken into account when calculating the minimum lease payment and recognized on a straight-line basis over the lease term. Rent expense under operating lease agreements totaled

$18.2

million for Fiscal

2019,

$13.3

million for Fiscal

2018

and

$12.0

million for Fiscal

2017.

Our minimum lease payments under non-cancelable operating leases as of

April 27, 2019

were as follows:   

	(In thousands)
Fiscal 2020	$	16,105
Fiscal 2021		12,084
Fiscal 2022		9,894
Fiscal 2023		7,741
Fiscal 2024		4,510
Thereafter		1,703
Total minimum lease payments	$	52,037

We enter into various agreements with suppliers for the purchase of raw materials, the terms of which

may

include variable or fixed pricing and minimum purchase quantities. As of

April 27, 2019,

we had purchase commitments for raw materials of

$12.7

million through

2022.

As of

April 27, 2019,

we had purchase commitments for plant and equipment of $

7.1

 million for Fiscal

2020.

From time to time, we are a party to various litigation matters and claims arising in the ordinary course of business. We do

not

expect the ultimate disposition of such matters to have a material adverse effect on our consolidated financial position or results of operations.