Gift Cards (Tables)

3 Months Ended

Jul. 28, 2018

Contract Liabilities

The Company’s contract liabilities relate to its gift card program. Below is a summary of the changes during the 13 weeks ended July 28, 2018:

	Total Company
Gift card liability balance as of April 28, 2018	$	323,465
Adoption of Topic 606		(90,147	)
Gift card breakage		(4,494	)
Gift card redemptions		(55,020	)
Gift card issuances		50,146
Gift card liability balance as of July 28, 2018	$	223,950