Employee Benefits (Tables)

12 Months Ended

Apr. 29, 2023

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
	(52 weeks)		(53 weeks)		(52 weeks)
(Amounts in thousands)	4/29/2023		4/30/2022		4/24/2021
401(k) Retirement Plan	$	12,877	$	11,763	$	7,313
Performance Compensation Retirement Plan	160		1,654		3,810
Deferred Compensation Plan	202		242		24
Non-Qualified Defined Benefit Retirement Plan (1)	748		763		803

(1)Primarily related to interest cost

Schedule of Further Information Related to Plans

While the Company no longer makes contributions, the outstanding liability balance related to the plan is as follows:

(Amounts in thousands)	4/29/2023		4/30/2022
Short-term obligation included in other current liabilities	$	2,103	$	1,922
Long-term obligation included in other long-term liabilities	11,895		13,898

Further information related to the plan is as follows:

(Amounts in thousands)	4/29/2023		4/30/2022
Plan obligation included in other long-term liabilities	$	21,689	$	24,595
Cash surrender value on life insurance contracts included in other long-term assets (1)	40,723		42,699

(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)	4/29/2023			4/30/2022
Short-term plan obligation included in other current liabilities	$	1,053		$	1,059
Long-term plan obligation included in other long-term liabilities	11,053			12,461
Discount rate used to determine obligation	5.3		%	4.3		%

	Fiscal Year Ended
	(52 weeks)		(53 weeks)		(52 weeks)
(Amounts in thousands)	4/29/2023		4/30/2022		4/24/2021
Actuarial loss recognized in AOCI	$	193	$	306	$	347
Benefit payments (1)	1,091		1,182		1,091

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