Derivative Financial Instruments (Tables)

9 Months Ended

Jan. 25, 2025

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, 2025		April 27, 2024
Assets:
Interest rate contracts	Prepaid expenses and other current assets	$	2,340	$	5,781
Interest rate contracts	Other non-current assets, net	5,156		21,193
Total asset derivatives		$	7,496	$	26,974
Liabilities:
Interest rate contracts	Other accrued liabilities	$	475	$	259
Interest rate contracts	Other non-current liabilities	3,667		13,198
Total liability derivatives		$	4,142	$	13,457

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 Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
		Three Months Ended				Nine Months Ended
Derivatives in cash flow hedging relationships	Statements of operations location	January 25, 2025		January 27, 2024		January 25, 2025		January 27, 2024
Interest rate contracts	Interest expense	$	(341)	$	(341)	$	(1,023)	$	(1,023)

		Amount of Gain (Loss) Recognized in Income on Derivatives
		Three Months Ended				Nine Months Ended
Derivatives not designated as hedging instruments	Statements of operations location	January 25, 2025		January 27, 2024		January 25, 2025		January 27, 2024
Interest rate contracts	Other income, net	$	2,298	$	(3,474)	$	(2,181)	$	6,087