Debt (Tables)

12 Months Ended

Apr. 27, 2019

Our long-term debt consists of the following:



			Carrying Value
	Interest Rate		April 27, 2019			April 28, 2018
Senior notes due fiscal 2019 ⁽¹⁾	2.95	%	—			60,000
Senior notes due fiscal 2022 ⁽¹⁾	3.59	%	165,000			165,000
Senior notes due fiscal 2024 ⁽¹⁾	3.74	%	100,000			100,000
Senior notes due fiscal 2025 ⁽²⁾	3.48	%	250,000			250,000
Senior notes due fiscal 2028 ⁽³⁾	3.79	%	150,000			150,000
Term loan due fiscal 2022 ⁽⁴⁾	3.73	%	87,091			276,633
Less: Deferred debt issuance costs			(2,775		)	(3,005		)
Total debt			749,316			998,628
Less: Current maturities of long-term debt			(23,975		)	(76,598		)
Long-term debt			$	725,341		$	922,030


⁽¹⁾	Issued in December 2011.


⁽²⁾	Issued in March 2015.


⁽³⁾	Issued in March 2018.

⁽⁴⁾

Issued in June 2015, amended in January 2017. Interest rate is LIBOR plus 1.25%

Schedule of Maturities of Long-term Debt

of April 27, 2019.

Future principal payments due, based on stated contractual maturities for our long-term debt, are as follows as of April 27, 2019:



Fiscal Year
2020	$	23,975
2021	29,508
2022	198,608
2023	—
2024	100,000
Thereafter	400,000
Total	$	752,091

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details