Derivative Financial Instruments (Tables)

9 Months Ended

Jan. 25, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Instruments Included in Condensed Consolidated Balance Sheets

The following presents the fair value of derivative instruments included in the condensed consolidated balance sheets:

Derivative type	Classification	January 25, 2020		April 27, 2019
Assets:
Interest rate contracts	Other non-current assets	$	152	$	380
Liabilities:
Interest rate contracts	Other accrued liabilities	2,823		1,034
Interest rate contracts	Other non-current liabilities	4,905		2,160
Total liability derivatives		$	7,728	$	3,194

Effect of Derivative instruments in Cash Flow Hedging Relationship on Condensed Consolidated Statements of Income and Other Comprehensive Income (OCI)

The following tables present the pre-tax effect of derivative instruments on the condensed consolidated statements of income:

		Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
		Three Months Ended				Nine Months Ended
Derivatives in cash flow hedging relationships	Income statement location	January 25, 2020		January 26, 2019		January 25, 2020		January 26, 2019
Interest rate contracts	Interest expense	$	(8,667)	$	(725)	$	(10,117)	$	(2,183)