Other Long-Term Liabilities

12 Months Ended

Apr. 28, 2018

Other Long-Term Liabilities

5. Other Long-Term Liabilities

Other long-term liabilities consist primarily of deferred rent, long-term insurance liabilities, asset retirement obligations and tax liabilities and reserves. The Company provides for minimum rent expense over the lease terms (including the build-out period) on a straight-line basis. The excess of such rent expense over actual lease payments (net of tenant allowances) is classified as deferred rent. Other long-term liabilities also include store closing expenses, long-term deferred revenues and a health care and life insurance plan for certain retired employees. The Company had the following other long-term liabilities at April 28, 2018 and April 29, 2017:

	April 28, 2018		April 29, 2017
Deferred rent	$	50,720	$	59,142
Insurance liabilities		12,589		14,225
Asset retirement obligations		11,629		11,482
Tax liabilities and reserves		5,124		8,711
Other		4,209		5,751
Total other long-term liabilities	$	84,271	$	99,311