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Restricted Cash
6 Months Ended
Oct. 27, 2018
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 twelve months, but we expect to renew some of these letters of credit when they mature.

 

 

 

 

 

 

 

 

(Unaudited, amounts in thousands)

    

10/27/18

    

10/28/17

Cash and cash equivalents

 

$

93,867

 

$

122,345

Restricted cash

 

 

2,001

 

 

2,352

Total cash, cash equivalents and restricted cash

 

$

95,868

 

$

124,697