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Restricted Cash
12 Months Ended
Apr. 27, 2019
Restricted Cash  
Restricted Cash

Note 3: Restricted Cash

 

We have cash on deposit with a bank as collateral for certain letters of credit. All of our letters of credit have maturity dates within the next 12 months, but we expect to renew some of these letters of credit when they mature.

 

 

 

 

 

 

 

 

(Amounts in thousands)

    

4/27/2019

    

4/28/2018

Cash and cash equivalents

 

$

129,819

 

$

134,515

Restricted cash

 

 

1,968

 

 

2,356

Total cash, cash equivalents and restricted cash

 

$

131,787

 

$

136,871