XML 51 R36.htm IDEA: XBRL DOCUMENT v3.23.2
Leases (Tables)
12 Months Ended
Apr. 29, 2023
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information pertaining to our leases is as follows:
(Amounts in thousands)4/29/20234/30/2022
Operating leases
ROU lease assets$415,925 $405,287 
Lease liabilities, short-term77,626 75,148 
Lease liabilities, long-term367,938 354,493 
Finance leases
ROU lease assets$344 $468 
Lease liabilities, short-term125 123 
Lease liabilities, long-term225 350 
Schedule of ROU Lease Assets by Segment
The ROU lease assets by segment are as follows:
(Amounts in thousands)4/29/20234/30/2022
Wholesale$92,195 $90,741 
Retail299,536 296,908 
Corporate & Other24,538 18,106 
Total ROU lease assets$416,269 $405,755 
Schedule of Components of Lease Cost
The components of lease cost are as follows:
Fiscal Year Ended
(52 weeks)(53 weeks)(52 weeks)
(Amounts in thousands)4/29/20234/30/20224/24/2021
Operating lease cost$90,500 $83,520 $79,072 
Finance lease cost130 130 53 
Short-term lease cost2,459 2,097 545 
Variable lease cost187 159 (245)
Less: Sublease income(276)(550)(1,546)
Total lease cost$93,000 $85,356 $77,879 
Schedule of Supplemental Lease Disclosures
The following tables present supplemental lease disclosures:
Fiscal Year Ended
(52 weeks)(53 weeks)
4/29/20234/30/2022
(Amounts in thousands)Operating LeasesFinance LeasesOperating LeasesFinance Leases
Cash paid for amounts included in the measurement of lease liabilities$91,934 $130 $84,492 $130 
Lease liabilities arising from new ROU lease assets92,787 — 140,376 — 

4/29/20234/30/2022
(Amounts in thousands)Operating LeasesFinance LeasesOperating LeasesFinance Leases
Weighted-average remaining lease term (years)7.02.87.23.8
Weighted-average discount rate3.5 %1.7 %3.0 %1.7 %
Schedule of Maturity of Operating​ Lease Liabilities
The following table presents our maturity of lease liabilities:
4/29/2023
(Amounts in thousands)Operating Leases (1)Finance Leases
Within one year$91,654 $130 
After one year and within two years81,605 130 
After two years and within three years69,155 98 
After three years and within four years58,890 — 
After four years and within five years50,816 — 
After five years152,855 — 
Total lease payments504,975 358 
Less: Interest59,411 
Total lease obligations$445,564 $350 
(1)Excludes approximately $28.6 million in future lease payments for various operating leases commencing in a future period
Schedule of Maturity of Finance​ Lease Liabilities
The following table presents our maturity of lease liabilities:
4/29/2023
(Amounts in thousands)Operating Leases (1)Finance Leases
Within one year$91,654 $130 
After one year and within two years81,605 130 
After two years and within three years69,155 98 
After three years and within four years58,890 — 
After four years and within five years50,816 — 
After five years152,855 — 
Total lease payments504,975 358 
Less: Interest59,411 
Total lease obligations$445,564 $350 
(1)Excludes approximately $28.6 million in future lease payments for various operating leases commencing in a future period