Derivative Financial Instruments (Tables)

3 Months Ended

Jul. 31, 2021

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	July 31, 2021		April 24, 2021
Assets:
Interest rate contracts	Prepaid expenses and other current assets	$	208	$	—
Interest rate contracts	Other non-current assets	1,321		2,120
Total asset derivatives		$	1,529	$	2,120
Liabilities:
Interest rate contracts	Other accrued liabilities	$	3,408	$	3,776
Interest rate contracts	Other non-current liabilities	6,241		7,795
Total liability derivatives		$	9,649	$	11,571

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 operations and other comprehensive income:

		Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
		Three Months Ended
Derivatives in cash flow hedging relationships	Statements of operations location	July 31, 2021		July 25, 2020
Interest rate contracts	Interest expense	$	(341)	$	(340)