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v3.23.2

Leases (Tables) | 12 Months Ended
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Apr. 29, 2023
Leases [Abstract] |
Schedule of Supplemental Balance Sheet Information | Supplemental balance sheet information pertaining to our leases is as follows:
(Amounts in thousands) |  | 4/29/2023 |  | 4/30/2022
Operating leases |  |  |  |
ROU lease assets |  | $ | 415,925 |  |  | $ | 405,287 |
Lease liabilities, short-term |  | 77,626 |  |  | 75,148 |
Lease liabilities, long-term |  | 367,938 |  |  | 354,493 |
Finance leases |  |  |  |
ROU lease assets |  | $ | 344 |  |  | $ | 468 |
Lease liabilities, short-term |  | 125 |  |  | 123 |
Lease liabilities, long-term |  | 225 |  |  | 350 |
Schedule of ROU Lease Assets by Segment | The ROU lease assets by segment are as follows:
(Amounts in thousands) |  | 4/29/2023 |  | 4/30/2022
Wholesale |  | $ | 92,195 |  |  | $ | 90,741 |
Retail |  | 299,536 |  |  | 296,908 |
Corporate & Other |  | 24,538 |  |  | 18,106 |
Total ROU lease assets |  | $ | 416,269 |  |  | $ | 405,755 |
Schedule of Components of Lease Cost | The components of lease cost are as follows:
|  |  |  | Fiscal Year Ended
|  |  |  | (52 weeks) |  | (53 weeks) |  | (52 weeks)
(Amounts in thousands) |  |  |  | 4/29/2023 |  | 4/30/2022 |  | 4/24/2021
Operating lease cost |  |  |  | $ | 90,500 |  |  | $ | 83,520 |  |  | $ | 79,072 |
Finance lease cost |  |  |  | 130 |  |  | 130 |  |  | 53 |
Short-term lease cost |  |  |  | 2,459 |  |  | 2,097 |  |  | 545 |
Variable lease cost |  |  |  | 187 |  |  | 159 |  |  | (245) |
Less: Sublease income |  |  |  | (276) |  |  | (550) |  |  | (1,546) |
Total lease cost |  |  |  | $ | 93,000 |  |  | $ | 85,356 |  |  | $ | 77,879 |
Schedule of Supplemental Lease Disclosures | The following tables present supplemental lease disclosures:
|  | Fiscal Year Ended
|  | (52 weeks) |  | (53 weeks)
|  | 4/29/2023 |  | 4/30/2022
(Amounts in thousands) |  | Operating Leases |  | Finance Leases |  | Operating Leases |  | Finance Leases
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 91,934 |  |  | $ | 130 |  |  | $ | 84,492 |  |  | $ | 130 |
Lease liabilities arising from new ROU lease assets |  | 92,787 |  |  | — |  |  | 140,376 |  |  | — |
|  | 4/29/2023 |  | 4/30/2022
(Amounts in thousands) |  | Operating Leases |  | Finance Leases |  | Operating Leases |  | Finance Leases
Weighted-average remaining lease term (years) |  | 7.0 |  | 2.8 |  | 7.2 |  | 3.8
Weighted-average discount rate |  | 3.5 | % |  | 1.7 | % |  | 3.0 | % |  | 1.7 | %
Schedule of Maturity of Operating​ Lease Liabilities | The following table presents our maturity of lease liabilities:
|  | 4/29/2023 |  |
(Amounts in thousands) |  | Operating Leases (1) |  | Finance Leases |  |  |  |
Within one year |  | $ | 91,654 |  |  | $ | 130 |  |  |  |  |
After one year and within two years |  | 81,605 |  |  | 130 |  |  |  |  |
After two years and within three years |  | 69,155 |  |  | 98 |  |  |  |  |
After three years and within four years |  | 58,890 |  |  | — |  |  |  |  |
After four years and within five years |  | 50,816 |  |  | — |  |  |  |  |
After five years |  | 152,855 |  |  | — |  |  |  |  |
Total lease payments |  | 504,975 |  |  | 358 |  |  |  |  |
Less: Interest |  | 59,411 |  |  | 8 |  |  |  |  |
Total lease obligations |  | $ | 445,564 |  |  | $ | 350 |  |  |  |  |
(1)Excludes approximately $28.6 million in future lease payments for various operating leases commencing in a future period
Schedule of Maturity of Finance​ Lease Liabilities | The following table presents our maturity of lease liabilities:
|  | 4/29/2023 |  |
(Amounts in thousands) |  | Operating Leases (1) |  | Finance Leases |  |  |  |
Within one year |  | $ | 91,654 |  |  | $ | 130 |  |  |  |  |
After one year and within two years |  | 81,605 |  |  | 130 |  |  |  |  |
After two years and within three years |  | 69,155 |  |  | 98 |  |  |  |  |
After three years and within four years |  | 58,890 |  |  | — |  |  |  |  |
After four years and within five years |  | 50,816 |  |  | — |  |  |  |  |
After five years |  | 152,855 |  |  | — |  |  |  |  |
Total lease payments |  | 504,975 |  |  | 358 |  |  |  |  |
Less: Interest |  | 59,411 |  |  | 8 |  |  |  |  |
Total lease obligations |  | $ | 445,564 |  |  | $ | 350 |  |  |  |  |
(1)Excludes approximately $28.6 million in future lease payments for various operating leases commencing in a future period

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