Operating Leases

12 Months Ended

Apr. 29, 2017

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 2033. We have certain retail facilities which we sublease to outside parties. The total rent liability included in other long-term liabilities as of April 29, 2017, and April 30, 2016, was $14.0 million and $14.8 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
2018	$	68,898	$	3,195
2019		62,782		3,195
2020		56,027		3,211
2021		52,093		2,562
2022		41,615		879
2023 and beyond		103,143		1,350
Total	$	384,558	$	14,392

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

(Amounts in thousands)	4/29/2017		4/30/2016		4/25/2015
Rental expense	$	68,452	$	62,953	$	55,808
Rental income		3,604		4,650		4,966

Both our rental expense and rental income are included in selling, general, and administrative expense and cost of sales in our consolidated statement of income.