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v3.24.1.1.u2

Leases (Tables) | 12 Months Ended
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Apr. 27, 2024
Leases [Abstract] |
Schedule of Supplemental Balance Sheet Information | Supplemental balance sheet information pertaining to our leases is as follows:
(Amounts in thousands) |  | 4/27/2024 |  | 4/29/2023
Operating leases |  |  |  |
ROU lease assets |  | $ | 444,711 |  |  | $ | 415,925 |
Lease liabilities, short-term |  | 76,436 |  |  | 77,626 |
Lease liabilities, long-term |  | 403,513 |  |  | 367,938 |
Finance leases |  |  |  |
ROU lease assets |  | $ | 1,755 |  |  | $ | 344 |
Lease liabilities, short-term |  | 591 |  |  | 125 |
Lease liabilities, long-term |  | 1,211 |  |  | 225 |
Schedule of ROU Lease Assets by Segment | The ROU lease assets by segment are as follows:
(Amounts in thousands) |  | 4/27/2024 |  | 4/29/2023
Wholesale |  | $ | 125,286 |  |  | $ | 92,195 |
Retail |  | 290,457 |  |  | 299,536 |
Corporate and Other |  | 30,723 |  |  | 24,538 |
Total ROU lease assets |  | $ | 446,466 |  |  | $ | 416,269 |
Schedule of Components of Lease Cost | The components of lease cost are as follows:
|  |  |  | Fiscal Year Ended
|  |  |  | (52 weeks) |  | (52 weeks) |  | (53 weeks)
(Amounts in thousands) |  |  |  | 4/27/2024 |  | 4/29/2023 |  | 4/30/2022
Operating lease cost |  |  |  | $ | 95,876 |  |  | $ | 90,500 |  |  | $ | 83,520 |
Finance lease cost |  |  |  | 588 |  |  | 130 |  |  | 130 |
Short-term lease cost |  |  |  | 1,899 |  |  | 2,459 |  |  | 2,097 |
Variable lease cost |  |  |  | 271 |  |  | 187 |  |  | 159 |
Less: Sublease income |  |  |  | (291) |  |  | (276) |  |  | (550) |
Total lease cost |  |  |  | $ | 98,343 |  |  | $ | 93,000 |  |  | $ | 85,356 |
Schedule of Supplemental Lease Disclosures | The following tables present supplemental lease disclosures:
|  | Fiscal Year Ended
|  | (52 weeks) |  | (52 weeks)
|  | 4/27/2024 |  | 4/29/2023
(Amounts in thousands) |  | Operating Leases |  | Finance Leases |  | Operating Leases |  | Finance Leases
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 95,992 |  |  | $ | 588 |  |  | $ | 91,934 |  |  | $ | 130 |
Lease liabilities arising from new ROU lease assets |  | 112,484 |  |  | 1,941 |  |  | 92,787 |  |  | — |
|  | 4/27/2024 |  | 4/29/2023
(Amounts in thousands) |  | Operating Leases |  | Finance Leases |  | Operating Leases |  | Finance Leases
Weighted-average remaining lease term (years) |  | 7.1 |  | 3.0 |  | 7.0 |  | 2.8
Weighted-average discount rate |  | 4.2 | % |  | 6.0 | % |  | 3.5 | % |  | 1.7 | %
Schedule of Maturity of Operating​ Lease Liabilities | The following table presents our maturity of lease liabilities:
|  | 4/27/2024 |  |
(Amounts in thousands) |  | Operating Leases (1) |  | Finance Leases |  |  |  |
Within one year |  | $ | 94,628 |  |  | $ | 680 |  |  |  |  |
After one year and within two years |  | 86,529 |  |  | 647 |  |  |  |  |
After two years and within three years |  | 76,397 |  |  | 550 |  |  |  |  |
After three years and within four years |  | 68,304 |  |  | 92 |  |  |  |  |
After four years and within five years |  | 61,914 |  |  | — |  |  |  |  |
After five years |  | 170,008 |  |  | — |  |  |  |  |
Total lease payments |  | 557,780 |  |  | 1,969 |  |  |  |  |
Less: Interest |  | 77,831 |  |  | 167 |  |  |  |  |
Total lease obligations |  | $ | 479,949 |  |  | $ | 1,802 |  |  |  |  |
(1)Excludes approximately $17.2 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:
|  | 4/27/2024 |  |
(Amounts in thousands) |  | Operating Leases (1) |  | Finance Leases |  |  |  |
Within one year |  | $ | 94,628 |  |  | $ | 680 |  |  |  |  |
After one year and within two years |  | 86,529 |  |  | 647 |  |  |  |  |
After two years and within three years |  | 76,397 |  |  | 550 |  |  |  |  |
After three years and within four years |  | 68,304 |  |  | 92 |  |  |  |  |
After four years and within five years |  | 61,914 |  |  | — |  |  |  |  |
After five years |  | 170,008 |  |  | — |  |  |  |  |
Total lease payments |  | 557,780 |  |  | 1,969 |  |  |  |  |
Less: Interest |  | 77,831 |  |  | 167 |  |  |  |  |
Total lease obligations |  | $ | 479,949 |  |  | $ | 1,802 |  |  |  |  |
(1)Excludes approximately $17.2 million in future lease payments for various operating leases commencing in a future period

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