Leases (Tables)

6 Months Ended

Oct. 26, 2019

Schedule of supplemental balance sheet information

Supplemental balance sheet information related to leases:



(Unaudited, amounts in thousands)	10/26/19
Operating leases
ROU assets	$	302,224
Lease liabilities, short-term	63,945
Lease liabilities, long-term	252,456
Finance leases
ROU assets	$	76
Lease liabilities, short-term	79
Lease liabilities, long-term	—

Schedule of ROU assets by segment

The ROU assets by segment are as follows:



(Unaudited, amounts in thousands)	10/26/19
Upholstery	$	55,114
Casegoods	1,995
Retail	238,865
Corporate & Other	6,326
Total ROU assets	$	302,300

Schedule of components of lease cost

The components of lease cost are as follows for the respective periods ended October 26, 2019:



(Unaudited, amounts in thousands)	Quarter Ended			Six Months Ended
Operating lease cost	$	19,019		$	38,037
Financing lease cost	50			99
Short-term lease cost	26			51
Variable lease cost	54			94
Less: Sublease income	(632		)	(1,260		)
Total lease cost	$	18,517		$	37,021

Schedule of supplemental lease disclosures

The following tables present supplemental lease disclosures:



	Six Months Ended October 26, 2019
(Unaudited, amounts in thousands)	Operating Leases		Financing Leases
Cash paid for amounts included in the measurement of lease liabilities	$	38,514	$	98
Lease liabilities arising from new ROU assets	20,442		—

Schedule of undiscounted cash flows and minimum contractual obligations

The following table presents our undiscounted cash flows as of October 26, 2019, and our minimum contractual obligations on our leases as of April 27, 2019:



	10/26/19				4/27/19
(Unaudited, amounts in thousands)	Operating Leases		Financing Leases		Operating Leases		Financing Leases
Within one year	$	74,814	$	80	$	76,508	$	180
After one year and within two years	65,711		—		71,544		19
After two years and within three years	52,539		—		58,763		—
After three years and within four years	40,424		—		46,541		—
After four years and within five years	33,358		—		36,082		—
After five years	91,630		—		102,782		—
Total lease payments	358,476		80		$	392,220	$	199
Less: Interest	42,075		1
Total lease obligations	$	316,401	$	79

(Unaudited, amounts in thousands)

Operating Leases

Financing Leases

Weighted-average remaining lease term (years)

Weighted-average discount rate