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v3.19.2

Acquisitions - Corporate and Other (Details) $ in Thousands |  | 12 Months Ended |  |
--- | --- | --- | --- | ---
Jul. 30, 2018 USD ($) person item | Apr. 27, 2019 USD ($) | Apr. 28, 2018 USD ($) | Apr. 29, 2017 USD ($)
Amounts recognized for identifiable assets acquired and liabilities assumed: |  |  |  |
Goodwill |  | $ 185,867 | $ 75,254 | $ 74,245
Joybird |  |  |  |
Acquisitions |  |  |  |
Total guaranteed payments | $ 75,000 |  |  |
Receivable for working capital adjustment | 2,500 |  |  |
Prepaid compensation included in guaranteed payments | $ 7,500 |  |  |
Period for payment of liabilities assumed as consideration | 2 years |  |  |
Remaining guaranteed payments | $ 25,000 |  |  |
Annual installments of remaining guaranteed payments | $ 5,000 |  |  |
Period for annual installments of remaining guaranteed payments | 5 years |  |  |
Number of future earnout opportunities | item | 2 |  |  |
Number of co-founders covered by forfeitable initial payment | person | 4 |  |  |
Period for amortization of prepaid compensation | 2 years |  |  |
Finite-lived intangible asset, useful life | 8 years | 8 years |  |
Contingent consideration, low end of range | $ 0 |  |  |
Contingent consideration, high end of range | 65,000 |  |  |
Fair value of consideration: |  |  |  |
Cash (paid at closing) | 37,482 |  |  |
Guaranteed payment | 22,489 |  |  |
Acquisition earn-out | 7,500 |  |  |
Assumption of liability | 5,000 |  |  |
Working capital adjustment | (2,486) |  |  |
Total fair value of consideration | 69,985 |  |  |
Amounts recognized for identifiable assets acquired and liabilities assumed: |  |  |  |
Inventory | 5,258 |  |  |
Other current assets | 3,733 |  |  |
Property, plant and equipment | 2,057 |  |  |
Finite-lived tradename | 6,400 |  |  |
Other long-term assets | 2,878 |  |  |
Accounts payable | (8,222) |  |  |
Customer deposits | (13,904) |  |  |
Other current liabilities | (7,681) |  |  |
Other long-term liabilities | (150) |  |  |
Total identifiable net assets acquired | (9,631) |  |  |
Goodwill | $ 79,616 |  |  |

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