Accrued Expenses and Other Current Liabilities

6 Months Ended

Oct. 24, 2020

Payables and Accruals [Abstract]

Accrued Expenses and Other Current Liabilities

Accrued Expenses and Other Current Liabilities

(Unaudited, amounts in thousands)	10/24/20		4/25/20
Payroll and other compensation	$	45,135	$	34,980
Accrued product warranty, current portion	14,174		14,264
Customer deposits	140,707		40,721
Deferred revenue	67,882		17,086
Other current liabilities	67,396		48,231
Accrued expenses and other current liabilities	$	335,294	$	155,282

The increase in customer deposits and deferred revenue was primarily driven by higher Retail segment and Joybird written sales in the first six months of fiscal 2021. Higher written sales also led to an increase in contract assets, which are included in other current assets on the consolidated balance sheet, consistent with the increase in deferred revenue. Refer to Note 11, Revenue Recognition, for additional details regarding our contract assets and contract liabilities.