v3.26.1
Shareholders' Equity (Tables)
3 Months Ended
Aug. 01, 2026
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax A summary of changes in AOCI(L), net of tax is shown below:

 

 

Three Months Ended August 1, 2026 (13 Weeks)

 

(in millions)

 

Currency translation adjustments

 

 

Derivative instruments

 

 

Total

 

Balance at beginning of period

 

$

(10.3

)

 

$

1.5

 

 

$

(8.8

)

Other comprehensive income (loss)

 

 

(3.2

)

 

 

0.5

 

 

 

(2.7

)

Tax (expense) benefit

 

 

0.2

 

 

 

(0.1

)

 

 

0.1

 

Net other comprehensive income (loss)

 

 

(3.0

)

 

 

0.4

 

 

 

(2.6

)

Balance at the end of period

 

$

(13.3

)

 

$

1.9

 

 

$

(11.4

)

 

 

Three Months Ended August 2, 2025 (13 Weeks)

 

(in millions)

 

Currency translation adjustments

 

 

Derivative instruments

 

 

Total

 

Balance at beginning of period

 

$

(28.2

)

 

$

(1.6

)

 

$

(29.8

)

Other comprehensive income (loss)

 

 

6.2

 

 

 

0.7

 

 

 

6.9

 

Tax (expense) benefit

 

 

0.1

 

 

 

(0.2

)

 

 

(0.1

)

Net other comprehensive income (loss)

 

 

6.3

 

 

 

0.5

 

 

 

6.8

 

Balance at the end of period

 

$

(21.9

)

 

$

(1.1

)

 

$

(23.0

)

Summary of Stock-based Compensation Expense Related to Equity Awards The table below summarizes the stock-based compensation expense related to the equity awards:

 

 

Three Months Ended

 

 

 

August 1, 2026

 

 

August 2, 2025

 

(in millions)

 

(13 Weeks)

 

 

(13 Weeks)

 

RSUs

 

$

1.4

 

 

$

0.9

 

PSUs

 

 

0.7

 

 

 

0.3

 

Total stock-based compensation expense

 

$

2.1

 

 

$

1.2

 

Summary of RSU Activity

The following table summarizes RSU activity:

 

 

Restricted
stock
units

 

 

Weighted
average grant
date fair value

 

Non-vested at May 2, 2026

 

 

1,197,313

 

 

$

7.67

 

Awarded

 

 

13,656

 

 

$

11.57

 

Vested

 

 

(71,716

)

 

$

8.79

 

Forfeited

 

 

 

 

$

 

Non-vested at August 1, 2026

 

 

1,139,253

 

 

$

7.65

 

Summary of PSU Activity

The following table summarizes PSU activity:

 

 

Performance
stock
units

 

 

Weighted
average grant
date fair value

 

Non-vested at May 2, 2026

 

 

1,013,262

 

 

$

8.33

 

Awarded

 

 

 

 

$

 

Vested

 

 

 

 

$

 

Forfeited

 

 

(20,152

)

 

$

7.63

 

Non-vested at August 1, 2026

 

 

993,110

 

 

$

8.34

 

Summary of Awards Granted to Non-employee Directors

The following table summarizes awards granted to non-employee directors:

 

 

Non-employee director awards

 

 

Deferred non-employee director awards

 

 

Total

 

 

Weighted
average grant
date fair value

 

Outstanding at May 2, 2026

 

 

 

 

 

197,223

 

 

 

197,223

 

 

$

18.80

 

Awarded

 

 

 

 

 

705

 

 

 

705

 

 

$

13.99

 

Issued

 

 

 

 

 

 

 

 

 

 

$

 

Outstanding at August 1, 2026

 

 

 

 

 

197,928

 

 

 

197,928

 

 

$

18.78