Derivative Financial Instruments (Tables)

12 Months Ended

Apr. 24, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Instruments Included in Consolidated Balance Sheets

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

Derivative type	Classification	April 24, 2021		April 25, 2020
Assets:
Interest rate contracts	Other non-current assets	$	2,120	$	204
Liabilities:
Interest rate contracts	Other accrued liabilities	3,776		6,789
Interest rate contracts	Other non-current liabilities	7,795		13,060
Total liability derivatives		$	11,571	$	19,849

Effect of Derivative Instruments in Cash Flow Hedging Relationships on the Consolidated Statements of Income and Other Comprehensive Income

The following tables present the pre-tax effect of derivative instruments on the consolidated statements of operations and other comprehensive income (loss):

		Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
		Fiscal Year Ended
Derivatives in cash flow hedging relationships	Statements of operations	April 24, 2021		April 25, 2020		April 27, 2019
Interest rate contracts	Interest expense	$	(1,363)	$	(10,458)	$	(2,908)

		Amount of Gain (Loss) Recognized in Income on Derivatives
		Fiscal Year Ended
Derivatives not designated as hedging instruments	Statements of operations	April 24, 2021		April 25, 2020		April 27, 2019
Interest rate contracts	Other income, net	$	1,151	$	(18,712)	$	(2,903)