XML 52 R35.htm IDEA: XBRL DOCUMENT v3.5.0.1
Derivative Financial Instruments (Tables)
12 Months Ended
Apr. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Interest Rate Contracts Included in Consolidated Balance Sheets
The following presents the fair value of derivative instruments included in the consolidated balance sheets:
Derivative type
Classification
 
April 30, 2016
 
April 25, 2015
Assets:
 
 
 
 
 
Interest rate contracts
Other non-current assets
 
$
816

 
$
1,255

Liabilities:
 
 
 
 
 
Interest rate contracts
Other non-current liabilities
 
$
816

 
$
1,255

Effect of Interest Rate Contracts and Interest Rate Swaps on Consolidated Statements of Income and Other Comprehensive Income
The following tables present the pre-tax effect of derivative instruments in cash flow hedging relationships on the consolidated statements of income and other comprehensive income ("OCI"):
 
Amount of Gain (Loss) Recognized in OCI on Derivatives (Effective Portion)
 
Fiscal Year Ended
Derivatives in cash flow hedging relationships
April 30, 2016
 
April 25, 2015
 
April 26, 2014
Interest rate swap
$

 
$
(23,343
)
 
$
(5,660
)
 
 
 
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
 
 
 
Fiscal Year Ended
Derivatives in cash flow hedging relationships
Income statement location
 
April 30, 2016
 
April 25, 2015
 
April 26, 2014
Interest rate swap
Interest expense
 
$
(2,817
)
 
$
(56
)
 
$
194