v3.24.1.1.u2
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 typeClassificationApril 27, 2024April 29, 2023
Assets:
Interest rate contractsPrepaid expenses and other current assets$5,781 $5,875 
Interest rate contractsOther non-current assets21,193 23,210 
Total asset derivatives$26,974 $29,085 
Liabilities:
Interest rate contractsOther accrued liabilities$259 $267 
Interest rate contractsOther non-current liabilities13,198 12,993 
Total liability derivatives$13,457 $13,260 
Effect of Derivative Instruments in Cash Flow Hedging Relationships on the Consolidated Statements of Income and Other Comprehensive Income
The following tables present the pre-tax effect of derivative instruments on the Consolidated Statements of Operations and Other Comprehensive Income:
Amount of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Fiscal Year Ended
Derivatives in cash flow hedging relationshipsStatements of operations locationApril 27, 2024April 29, 2023April 30, 2022
Interest rate contractsInterest expense$(1,363)$(1,363)$(1,363)
Amount of Gain (Loss) Recognized in Income on Derivatives
Fiscal Year Ended
Derivatives not designated as hedging instrumentsStatements of operations locationApril 27, 2024April 29, 2023April 30, 2022
Interest rate contractsOther income, net$12,447 $9,968 $15,835