Leases (Tables)

12 Months Ended

Apr. 25, 2020

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information pertaining to our leases is as follows:



(Amounts in thousands)	4/25/20
Operating leases
ROU assets	$	318,634
Lease liabilities, short-term	64,363
Lease liabilities, long-term	270,162
Financing leases
ROU assets	$	13
Lease liabilities, short-term	13

Schedule of ROU Assets by Segment

The ROU assets by segment are as follows:



(Amounts in thousands)	4/25/20
Upholstery	$	65,668
Casegoods	3,997
Retail	236,719
Corporate & Other	12,263
Total ROU assets	$	318,647

Schedule of Components of Lease Cost

The components of lease cost are as follows:



(Amounts in thousands)	Year Ended April 25, 2020
Operating lease cost	$	76,223
Financing lease cost	166
Short-term lease cost	248
Variable lease cost (1)	(40		)
Less: Sublease income	(2,504		)
Total lease cost	$	74,093

(1)

Includes deferred payments on select leases in accordance with the FASB Staff Q&A.

Schedule of Supplemental Lease Disclosures

The following tables present supplemental lease disclosures:



	Year Ended April 25, 2020
(Amounts in thousands)	Operating Leases		Financing Leases
Cash paid for amounts included in the measurement of lease liabilities	$	77,176	$	165
Lease liabilities arising from new ROU assets	72,061		—

Schedule of Undiscounted Cash Flows and Minimum Contractual Obligations

The following table presents our undiscounted cash flows as of April 25, 2020, and our minimum contractual obligations on our leases as of April 27, 2019:



	4/25/20				4/27/19
(Amounts in thousands)	Operating Leases		Financing Leases		Operating Leases		Financing Leases
Within one year	$	75,500	$	13	$	76,508	$	180
After one year and within two years	65,458		—		71,544		19
After two years and within three years	54,870		—		58,763		—
After three years and within four years	44,358		—		46,541		—
After four years and within five years	37,357		—		36,082		—
After five years	101,006		—		102,782		—
Total lease payments	378,549		13		$	392,220	$	199
Less: Interest	44,024		—
Total lease obligations	$	334,525	$	13

(Amounts in thousands)

Operating Leases

Financing Leases

Weighted-average remaining lease term (years)

Weighted-average discount rate