XML 93 R82.htm IDEA: XBRL DOCUMENT v3.25.2
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
May 03, 2025
Apr. 27, 2024
Deferred tax liabilities:    
Amortization $ (51.9) $ (56.5)
Foreign tax (2.9) (3.2)
Lease assets (5.7) (5.8)
Derivative financial instruments   (0.2)
Unrealized foreign exchange gain/loss (1.9) (0.5)
Deferred tax liabilities, gross (62.4) (66.2)
Deferred tax assets:    
Deferred compensation and stock award amortization 6.9 9.0
Fixed assets 1.6 1.3
Inventory 8.6 5.9
Lease liabilities 6.4 5.9
Derivative financial instruments 0.9  
Foreign investment tax credit 25.6 24.4
Research expenditures 8.3 6.3
Net operating loss carryforwards 14.8 13.2
Foreign tax credits 3.4 1.7
Interest carryforwards 12.3 7.9
Other 5.3 2.4
Deferred tax assets, gross 94.1 78.0
Less valuation allowance (20.7) (5.8)
Deferred tax assets, net of valuation allowance 73.4 72.2
Net deferred tax asset 11.0 6.0
Balance sheet classification:    
Long-term asset 37.8 34.7
Long-term liability (26.8) (28.7)
Net deferred tax asset $ 11.0 $ 6.0