Accrued Expenses and Other Current Liabilities

12 Months Ended

Apr. 27, 2019

Accrued Expenses and Other Current Liabilities

Accrued Expenses and Other Current Liabilities

Note 8: Accrued Expenses and Other Current Liabilities

(Amounts in thousands)	4/27/2019		4/28/2018
Payroll and other compensation	$	53,374	$	40,467
Accrued product warranty, current portion		13,892		12,687
Customer deposits		42,787		31,282
Deferred Revenue		17,038		—
Other current liabilities		46,000		34,285
Accrued expenses and other current liabilities	$	173,091	$	118,721

The increase of $17.0 million in deferred revenue was due to the implementation of Accounting Standard Update No. 2014-09, Revenue from Contracts with Customers, during fiscal 2019. This standard did not require restatement of prior financial statements and so fiscal 2018 does not include a similar liability. Additional information regarding this liability is included in Note 16. The remainder of the increase was primarily a result of our fiscal 2019 acquisitions.