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Derivative Financial Instruments (Tables)
12 Months Ended
Apr. 30, 2022
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 typeClassificationApril 30, 2022April 24, 2021
Assets:
Interest rate contractsPrepaid expenses and other current assets$3,875 $— 
Interest rate contractsOther non-current assets19,871 2,120 
Total asset derivatives$23,746 $2,120 
Liabilities:
Interest rate contractsOther accrued liabilities$250 $3,776 
Interest rate contractsOther non-current liabilities10,013 7,795 
Total liability derivatives$10,263 $11,571 
Effect of Derivative Instruments in Cash Flow Hedging Relationships on the Consolidated Statements of Income and Other Comprehensive Income
The following tables present the pre-tax effect of derivative instruments on the consolidated statements of operations and other comprehensive income (loss):
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Fiscal Year Ended
Derivatives in cash flow hedging relationshipsStatements of operationsApril 30, 2022April 24, 2021April 25, 2020
Interest rate contractsInterest expense$(1,363)$(1,363)$(10,458)
Amount of Gain (Loss) Recognized in Income on Derivatives
Fiscal Year Ended
Derivatives not designated as hedging instrumentsStatements of operationsApril 30, 2022April 24, 2021April 25, 2020
Interest rate contractsOther income, net$15,835 $1,151 $(18,712)