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Operating Leases
12 Months Ended
Apr. 25, 2015
Operating Leases  
Operating Leases

Note 10: Operating Leases

We have operating leases for one manufacturing facility, executive and sales offices, warehouses, showrooms and retail facilities, as well as for transportation equipment, information technology and other equipment. The operating leases expire at various dates through fiscal 2031. We have certain retail facilities which we sublease to outside parties. The total rent liability included in other long-term liabilities as of April 25, 2015, and April 26, 2014, was $13.5 million and $12.8 million, respectively.

The future minimum rentals for all non-cancelable operating leases and future rental income from subleases are as follows (for the fiscal years):

                                                                                                                                                                                    

(Amounts in thousands)

 

Future
Minimum
Rentals

 

Future
Minimum
Income

 

2016

 

$

55,576 

 

$

4,394 

 

2017

 

 

54,587 

 

 

4,160 

 

2018

 

 

51,775 

 

 

4,101 

 

2019

 

 

46,212 

 

 

4,104 

 

2020

 

 

40,015 

 

 

4,132 

 

2021 and beyond

 

 

115,902 

 

 

8,756 

 

​  

​  

​  

​  

Total

 

$

364,067 

 

$

29,647 

 

​  

​  

​  

​  

​  

​  

​  

​  

Rental expense and rental income from continuing operations for operating leases were as follows (for the fiscal years ended):

                                                                                                                                                                                    

(Amounts in thousands)

 

4/25/2015

 

4/26/2014

 

4/27/2013

 

Rental expense

 

$

55,808 

 

$

51,132 

 

$

47,872 

 

Rental income

 

 

4,966 

 

 

5,138 

 

 

5,095