Stock-based Compensation - Summary of Weighted-Average Assumptions (Details) - $ / shares |
12 Months Ended | ||
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Apr. 27, 2024 |
Apr. 29, 2023 |
Apr. 30, 2022 |
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| Director And Employee Stock Option Plans | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Expected dividend yield | 3.10% | 3.50% | 3.40% |
| Expected stock price volatility | 39.30% | 38.80% | 38.10% |
| Risk-free interest rate | 4.10% | 3.20% | 1.10% |
| Expected life (years) | 6 years | 6 years | 6 years |
| Weighted average grant date fair value per share (in usd per share) | $ 10.69 | $ 8.82 | $ 7.97 |
| Employee Stock Purchase Plan | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Expected dividend yield | 3.60% | 3.70% | 3.60% |
| Expected stock price volatility | 38.20% | 31.50% | 28.60% |
| Risk-free interest rate | 5.10% | 4.70% | 0.30% |
| Expected life (years) | 7 months 6 days | 7 months 6 days | 7 months 6 days |
| Weighted average grant date fair value per share (in usd per share) | $ 7.55 | $ 6.89 | $ 6.79 |
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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