XML 34 R77.htm IDEA: XBRL DOCUMENT v3.20.1
Stock-Based Compensation - Stock Options (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Jul. 27, 2019
Apr. 25, 2020
Apr. 27, 2019
Apr. 28, 2018
Minimum        
Stock-Based Compensation        
Vesting period   1 year    
Maximum        
Stock-Based Compensation        
Vesting period   4 years    
Stock options        
Stock-Based Compensation        
Vesting period   10 months    
Cash received for exercises of stock options   $ 4,800 $ 16,200 $ 4,400
Number of Shares        
Outstanding at beginning of period (in shares) 1,442,000 1,442,000    
Granted (in shares) 248,662 249,000    
Canceled (in shares)   (61,000)    
Exercised (in shares)   (192,000)    
Outstanding at end of period (in shares)   1,438,000 1,442,000  
Exercisable (in shares)   671,000    
Weighted Average Exercise Price        
Outstanding at beginning of period (in dollars per share) $ 28.09 $ 28.09    
Granted (in dollars per share)   30.24    
Canceled (in dollars per share)   30.31    
Exercised (in dollars per share)   25.14    
Outstanding at end of period (in dollars per share)   28.76 $ 28.09  
Exercisable (in dollars per share)   $ 27.32    
Additional information        
Weighted Average Remaining Contractual Term, Outstanding   7 years 2 months 12 days 7 years 8 months 12 days  
Weighted Average Remaining Contractual Term, Exercisable   6 years 3 months 18 days    
Aggregate Intrinsic Value, Outstanding   $ 103 $ 6,557  
Aggregate Intrinsic Value, Exercised   1,668 $ 9,900 $ 2,200
Aggregate Intrinsic Value, Exercisable   103    
Unrecognized compensation cost   $ 1,400    
Period for recognition of unrecognized compensation costs   1 year 8 months 12 days    
Vested during the period (in shares)   500,000    
Fair value assumptions        
Risk-free interest rate   2.19% 2.82% 1.84%
Dividend rate   1.72% 1.45% 1.61%
Expected life   5 years 5 years 5 years
Stock price volatility (as a percent)   34.27% 33.07% 32.12%
Fair value per share (in dollars per share)   $ 7.94 $ 9.65 $ 7.16
Stock options | Minimum        
Stock-Based Compensation        
Purchase price of common stock at date of grant (less than) (as a percent)   100.00%    
Stock options | Former Long-Term Equity Award Plan        
Stock-Based Compensation        
Award expiration term   10 years