Income Taxes - Reconciliation of Effective Tax Rate (Details) |
12 Months Ended | ||
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Apr. 29, 2023 |
Apr. 30, 2022 |
Apr. 24, 2021 |
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Income Tax Disclosure [Abstract] | |||
Statutory tax rate | 21.00% | 21.00% | 21.00% |
Increase (reduction) in income taxes resulting from: | |||
State income taxes, net of federal benefit | 4.50% | 3.90% | 4.30% |
Losses/(gains) on corporate owned life insurance | 0.20% | 0.00% | (1.20%) |
Fair value adjustment of contingent consideration liability | (0.10%) | (0.30%) | 2.00% |
Miscellaneous items | 0.60% | 1.30% | 0.20% |
Effective tax rate | 26.20% | 25.90% | 26.30% |
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- Definition Effective Income Tax Rate Reconciliation, Gains and Losses on Corporate Owned Life Insurance, Percent No definition available.
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- References No definition available.
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to income tax contingencies. Includes, but not limited to, domestic tax contingency, foreign tax contingency, state and local tax contingency, and other contingencies. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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