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Lease Commitments | 12 Months Ended
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Apr. 28, 2018
Leases [Abstract] |
Lease Commitments | Lease Commitments We have lease commitments expiring at various dates, principally for manufacturing equipment and warehouse and office space. Rental expense under non-cancelable operating leases amounted to $5.9 million, $4.9 million and $5.0 million in fiscal 2018, 2017 and 2016, respectively. In fiscal 2018, we acquired capital leases of $2.7 million in the acquisition of Procoplast. Amortization of assets recorded under capital leases is recorded in depreciation expense. Assets held under capitalized leases and included in property, plant and equipment are as follows:
|  | 2018 |  | 2017
Manufacturing Equipment |  | $ | 1.6 |  |  | $ | — |
Accumulated Amortization |  | (0.2 | ) |  | — |
Net Capital Leases |  | $ | 1.4 |  |  | $ | — |
At April 28, 2018, future minimum lease payments under non-cancelable capitalized and operating leases are as follows:
|  | Capitalized Leases |  | Operating Leases
Year: |  |  |  |
2019 |  | $ | 0.9 |  |  | $ | 6.7 |
2020 |  | 0.8 |  |  | 5.3 |
2021 |  | 0.5 |  |  | 3.3 |
2022 |  | 0.5 |  |  | 2.3 |
2023 |  | 0.2 |  |  | 1.4 |
Later Years |  | — |  |  | 1.3 |
Net Minimum Lease Payments |  | 2.9 |  |  | $ | 20.3 |
Less Amount Representing Interest |  | (0.1 | ) |  |
Present Value of Net Minimum Lease Payments |  | 2.8 |  |  |
Less Current Portion |  | (0.9 | ) |  |
Long-term Obligations at April 28, 2018 |  | $ | 1.9 |  |  |

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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