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Leases (Tables)

3 Months Ended

Jul. 27, 2024

Leases

Schedule of components of lease costs

The components of lease costs recorded in cost of sales and selling, general and administrative (“SG&A”) expense were as follows (in thousands):

​	​	​	​	​	​	​
​	​	Three Months Ended		​	Three Months Ended
​	​	July 27,		​	July 29,
​		2024		​	2023
Operating lease cost	​	$	2,430	​	$	2,184
Short term lease cost	​	​	155	​	​	385
Variable lease cost	​	​	423	​	​	513
Sublease income	​	​	—	​	​	—
Total lease costs, net	​	$	3,008	​	$	3,082

Schedule of supplemental lease information

Supplemental lease information was as follows:

​	​	​	​	​	​	​
​	​	Three Months Ended		​	Three Months Ended
​	​	July 27,		​	July 29,
​		2024		​	2023
​	​	(In thousands)		​	(In thousands)
Cash paid for amounts included in the measurement of operating lease liabilities	​	$	2,550	​	$	2,241
Right-of-use assets obtained in exchange for new lease liabilities	​	$	239	​	$	247
​	​	​	​	​	​	​
Weighted average remaining lease term	​	​	49 months	​	​	51 months
Weighted average discount rate	​	​	5.4%	​	​	4.3%

​

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities as of July 27, 2024 were as follows (in thousands):

​

​	​	​	​
2025	​	$	8,213
2026	​		8,335
2027	​		7,649
2028	​		5,621
2029	​		4,503
Thereafter	​	​	1,628
Total lease payments	​	​	35,949
Less: imputed interest	​	​	(5,435)
Total present value of operating lease liabilities	​	$	30,514

​

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- Definition

The tabular disclosure of lease quantitative information.

+ References

No definition available.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- References

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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