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Shareholders' Equity (Tables) | 6 Months Ended
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Oct. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] |
Summary of Stock Buyback Activity Under Share Buyback Program | The following table summarizes the Company’s stock buyback activity under this share buyback program:
| Three Months Ended |  |  | Six Months Ended |
(in millions, except share and per share data) | October 30, 2021 |  |  | October 31, 2020 |  |  | October 30, 2021 |  |  | October 31, 2020 |
Shares purchased |  | 807,516 |  |  |  | — |  |  |  | 965,029 |  |  |  | — |
Average price per share | $ | 43.07 |  |  | $ | — |  |  | $ | 43.93 |  |  | $ | — |
Total cost | $ | 34.8 |  |  | $ | — |  |  | $ | 42.4 |  |  | $ | — |
Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax | A summary of changes in AOCI, net of tax is shown below:
|  | Three Months Ended |  |  | Six Months Ended |
(in millions) |  | October 30, 2021 |  |  | October 31, 2020 |  |  | October 30, 2021 |  |  | October 31, 2020 |
Currency Translation Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 7.4 |  |  | $ | (5.6 | ) |  | $ | 11.5 |  |  | $ | (25.9 | )
Other comprehensive (loss) income recognized during the period, net of tax (expense) benefit of $0.1 million; $-; $(0.1) million; $0.3 million |  |  | (6.6 | ) |  |  | 1.4 |  |  |  | (10.7 | ) |  |  | 21.7 |
Balance at end of period |  |  | 0.8 |  |  |  | (4.2 | ) |  |  | 0.8 |  |  |  | (4.2 | )
Derivative Financial Instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  |  | (4.5 | ) |  |  | (4.6 | ) |  |  | (5.4 | ) |  |  | (1.0 | )
Other comprehensive income (loss) recognized during the period, net of tax (expense) benefit of $(0.6) million; $(0.2) million; $(0.8) million; $0.8 million |  |  | 1.7 |  |  |  | 0.9 |  |  |  | 2.6 |  |  |  | (2.7 | )
Balance at end of period |  |  | (2.8 | ) |  |  | (3.7 | ) |  |  | (2.8 | ) |  |  | (3.7 | )
Total accumulated other comprehensive loss |  | $ | (2.0 | ) |  | $ | (7.9 | ) |  | $ | (2.0 | ) |  | $ | (7.9 | )
Summary of Stock-based Compensation Expense Related to Equity Awards | The table below summarizes the stock-based compensation expense related to the equity awards:
|  | Three Months Ended |  |  | Six Months Ended |
(in millions) |  | October 30, 2021 |  |  | October 31, 2020 |  |  | October 30, 2021 |  |  | October 31, 2020 |
RSUs |  | $ | 2.6 |  |  | $ | 1.0 |  |  | $ | 5.1 |  |  | $ | 1.0 |
Phantom director awards |  |  | — |  |  |  | — |  |  |  | 0.8 |  |  |  | — |
Director awards |  |  | — |  |  |  | — |  |  |  | 0.7 |  |  |  | 0.9 |
Total stock-based compensation expense |  | $ | 2.6 |  |  | $ | 1.0 |  |  | $ | 6.6 |  |  | $ | 1.9 |
2014 Incentive Plan |
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] |
Summary of RSA and RSU Activity | The following table summarizes RSU activity under the 2014 Plan:
|  | Restricted Stock Units |  |  | Weighted average grant date fair value |
Non-vested at May 1, 2021 |  |  | 927,611 |  |  | $ | 28.50 |
Awarded |  |  | 46,300 |  |  | $ | 48.41 |
Vested |  |  | — |  |  | $ | — |
Forfeited |  |  | — |  |  | $ | — |
Non-vested at October 30, 2021 |  |  | 973,911 |  |  | $ | 29.45 |
2010 Plan and 2007 Plan |
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] |
Summary of combined stock option activity and related information for stock options granted | The following table summarizes combined stock option activity under the 2010 Plan and 2007 Plan:
|  | Shares |  |  | Weighted average exercise price |  |  | Weighted- average life (years) |  |  | Aggregate intrinsic value (in millions) |
Outstanding and exercisable at May 1, 2021 |  |  | 73,000 |  |  | $ | 37.01 |  |  |  | 3.2 |  |  | $ | 0.6 |
Exercised |  |  | (13,000 | ) |  | $ | 37.01 |  |  |  |  |  |  |  |  |
Forfeited |  |  | — |  |  | $ | — |  |  |  |  |  |  |  |  |
Outstanding and exercisable at October 30, 2021 |  |  | 60,000 |  |  | $ | 37.01 |  |  |  | 2.7 |  |  | $ | 0.3 |

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