Employee Benefits (Tables)

12 Months Ended

Apr. 30, 2022

Retirement Benefits [Abstract]

Schedule of Total Costs Associated with Plans

The table below summarizes the total costs associated with our employee retirement and welfare plans.

	Fiscal Year Ended
	(53 weeks)		(52 weeks)		(52 weeks)
(Amounts in thousands)	4/30/2022		4/24/2021		4/25/2020
401(k) Retirement Plan (1)	$	11,763	$	7,313	$	9,380
Performance Compensation Retirement Plan	1,654		3,810		1,115
Deferred Compensation Plan	242		24		719
Non-Qualified Defined Benefit Retirement Plan (2)	763		803		796

(1)Increase in fiscal 2022 compared with fiscal 2021 is primarily due to the temporary freeze on matching contributions started during the fourth quarter of fiscal 2020 as part of our COVID-19 action plan. Matching contributions were reinstated during the second quarter of fiscal 2021.

(2)Primarily related to interest cost.

Schedule of Further Information Related to Plans

Further information related to the plan is as follows:

(Amounts in thousands)	4/30/2022		4/24/2021
Short-term obligation included in other current liabilities	$	1,922	$	716
Long-term obligation included in other long-term liabilities	13,898		15,194

Further information related to the plan is as follows:

(Amounts in thousands)	4/30/2022		4/24/2021
Plan obligation included in other long-term liabilities	$	24,595	$	26,548
Cash surrender value on life insurance contracts included in other long-term assets (1)	42,699		41,133

(1)Life insurance contracts are related to the Executive Deferred Compensation Plan and the PCRP.

Further information related to the plan is as follows:

(Amounts in thousands)	4/30/2022			4/24/2021
Short-term plan obligation included in other current liabilities	$	1,059		$	1,066
Long-term plan obligation included in other long-term liabilities	12,461			14,717
Discount rate used to determine obligation	4.3		%	3.0		%

	Fiscal Year Ended
	(53 weeks)		(52 weeks)		(52 weeks)
(Amounts in thousands)	4/30/2022		4/24/2021		4/25/2020
Actuarial loss recognized in AOCI	$	306	$	347	$	218
Benefit payments (1)	1,182		1,091		1,091

(1)Benefit payments are scheduled to be between $1.0 million and $1.1 million annually for the next 10 years.