XML 41 R22.htm IDEA: XBRL DOCUMENT
v3.10.0.1

DERIVATIVES | 12 Months Ended
--- | ---
Apr. 29, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
DERIVATIVES | 15. DERIVATIVES During the fourth quarter, we entered into a EURO foreign exchange contract to mitigate the risk of foreign exchange rate fluctuations associated with certain capital expenditures. The contract effectively converts our EURO capital expenditures at a fixed EURO foreign exchange rate compared with the United States dollar of 1.263 and is due to expire in August 2018. In accordance with the provisions of ASC Topic 815, Derivatives and Hedging, our EURO foreign exchange contract was designated as a cash flow hedge, with the fair value of these financial instruments recorded in other assets and changes in fair value recorded in accumulated other comprehensive income. ASC Topic 815 requires disclosure of gains and losses on derivative instruments in the following tabular format.
|  | (Amounts in Thousands) Fair Values of Derivative Instruments |
|  | April 29, 2018 |  |  | April 30, 2017 |
Derivatives designated as hedging instruments under ASC Topic 815 |  | Balance Sheet Location |  | Fair Value |  |  | Balance Sheet Location |  |  | Fair Value |
Euro Foreign Exchange Contract |  | Accrued Expenses |  | $ | 55 |  |  |  | N/A |  |  | $ | — |
Derivatives in ASC Topic 815 Net Investment Hedging Relationships |  | Amt of Gain (Loss) (net of tax) Recognized in OCI on Derivative (Effective Portion) and recorded in Accrued Expenses at Fair Value |  |  | Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) |  |  | Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) |  |  | Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) |  |  | Amount of Gain (loss) (net of tax) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
|  | 2018 |  |  | 2017 |  |  | 2016 |  |  |  |  |  | 2018 |  |  | 2017 |  |  | 2016 |  |  |  |  |  | 2018 |  |  | 2017 |  |  | 2016 |
EURO Foreign Exchange Contract |  | $ | (55 | ) |  | $ | — |  |  | $ | — |  |  |  | Other Exp |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  | Other Exp |  |  | $ | — |  |  | $ | — |  |  | $ | — |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration