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Derivative Financial Instruments
 9 Months Ended
Jan. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments
Note 13. Derivative Financial Instruments

We utilize derivative financial instruments to manage the economic impact of fluctuations in currency exchange rates on those transactions denominated in currencies other than our functional currency, which is the U.S. dollar.  We enter into currency forward contracts to manage these economic risks.  We account for all derivatives on the balance sheet within accounts receivable or accounts payable measured at fair value, and changes in fair values are recognized in earnings unless specific hedge accounting criteria are met for cash flow or net investment hedges. As of January 30, 2016 and May 2, 2015, we had not designated any of our derivative instruments as accounting hedges, and thus we recorded the changes in fair value in other income (expense), net.

The foreign currency exchange contracts in aggregated notional amounts in place to exchange U.S. Dollars at January 30, 2016 and May 2, 2015 were as follows:
 
January 30, 2016
 
May 2, 2015
 
U.S. Dollars
 
Foreign
Currency
 
U.S.
Dollars
 
Foreign
Currency
Foreign Currency Exchange Forward Contracts:
 
 
 
 
 
 
 
U.S. Dollars/Australian Dollars
4,014

 
5,696

 
1,487

 
1,918

U.S. Dollars/Japanese Yen
—

 
—

 
764

 
91,282

U.S. Dollars/Canadian Dollars
304

 
411

 
4,129

 
4,923

U.S. Dollars/British Pounds
1,799

 
1,185

 
1,679

 
1,123

U.S. Dollars/Singapore Dollars
261

 
356

 
1,176

 
1,601

U.S. Dollars/New Zealand Dollars
52

 
83

 
—

 
—

U.S. Dollars/Euros
405

 
360

 
(229
)
 
(174
)
U.S Dollars/Swiss Franc
724

 
696

 
5,662

 
5,500



As of January 30, 2016 and May 2, 2015, there was a net asset and liability of $187 and $283, respectively, representing the fair value of foreign currency exchange forward contracts, which were determined using Level 2 inputs from a third-party bank.