Derivative Financial Instruments (Tables)

12 Months Ended

Apr. 27, 2024

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 27, 2024		April 29, 2023
Assets:
Interest rate contracts	Prepaid expenses and other current assets	$	5,781	$	5,875
Interest rate contracts	Other non-current assets	21,193		23,210
Total asset derivatives		$	26,974	$	29,085
Liabilities:
Interest rate contracts	Other accrued liabilities	$	259	$	267
Interest rate contracts	Other non-current liabilities	13,198		12,993
Total liability derivatives		$	13,457	$	13,260

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:

		Amount of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
		Fiscal Year Ended
Derivatives in cash flow hedging relationships	Statements of operations location	April 27, 2024		April 29, 2023		April 30, 2022
Interest rate contracts	Interest expense	$	(1,363)	$	(1,363)	$	(1,363)

		Amount of Gain (Loss) Recognized in Income on Derivatives
		Fiscal Year Ended
Derivatives not designated as hedging instruments	Statements of operations location	April 27, 2024		April 29, 2023		April 30, 2022
Interest rate contracts	Other income, net	$	12,447	$	9,968	$	15,835