XML 98 R84.htm IDEA: XBRL DOCUMENT v3.25.2
Debt - (Details)
12 Months Ended
May 01, 2025
USD ($)
item
Oct. 04, 2024
USD ($)
Feb. 04, 2022
Feb. 19, 2021
USD ($)
payment
Apr. 30, 2025
USD ($)
Apr. 30, 2024
USD ($)
Jun. 06, 2023
USD ($)
Jun. 05, 2023
USD ($)
Debt                
Unamortized debt issuance costs allocated to term loan facility         $ 1,281,000 $ 511,000    
Aggregate amount         30,000,000 28,000,000    
Revolving credit facility                
Debt                
Aggregate amount         $ 30,000,000      
Amount of sublimit of line of credit borrowing capacity             $ 25,000,000 $ 10,000,000
Revolving credit facility | Arcturus UAV Inc.                
Debt                
Term of loan       5 years        
Amount of loan       $ 100,000,000,000,000        
Revolving credit facility | Minimum | Fiscal quarter ended January 29, 2022 and April, 2022                
Debt                
Consolidated leverage ratio     4.00%          
Revolving credit facility | Minimum | Fiscal quarters ending during the period from May 1, 2022 to October 31, 2022                
Debt                
Consolidated leverage ratio     3.50%          
Revolving credit facility | Minimum | Fiscal quarter ending thereafter which is after October 31, 2022                
Debt                
Consolidated leverage ratio     3.00%          
Revolving credit facility | Maximum | Fiscal quarter ended January 29, 2022 and April, 2022                
Debt                
Consolidated leverage ratio     1.00%          
Revolving credit facility | Maximum | Fiscal quarters ending during the period from May 1, 2022 to October 31, 2022                
Debt                
Consolidated leverage ratio     1.00%          
Revolving credit facility | Maximum | Fiscal quarter ending thereafter which is after October 31, 2022                
Debt                
Consolidated leverage ratio     1.00%          
Revolving credit facility | Consolidated Leverage Ratio | Minimum                
Debt                
Interest rate         3.00%      
Revolving credit facility | Consolidated Leverage Ratio | Maximum                
Debt                
Interest rate         1.00%      
Revolving credit facility | Consolidated Fixed Charge Coverage Ratio | Minimum                
Debt                
Interest rate         1.25%      
Revolving credit facility | Consolidated Fixed Charge Coverage Ratio | Maximum                
Debt                
Interest rate         1.00%      
First Amendment to Credit Agreement | Base Rate                
Debt                
Interest rate     0.50%          
Additional interest rate if default occurs (as a percentage)     2.00%          
First Amendment to Credit Agreement | Base Rate | Minimum                
Debt                
Interest rate     0.50%          
First Amendment to Credit Agreement | Base Rate | Maximum                
Debt                
Interest rate     1.50%          
First Amendment to Credit Agreement | SOFR                
Debt                
SOFR adjustment     0.10%          
First Amendment to Credit Agreement | SOFR | Minimum                
Debt                
Interest rate     1.50%          
First Amendment to Credit Agreement | SOFR | Maximum                
Debt                
Interest rate     2.50%          
First Amendment to Credit Agreement | Term SOFR                
Debt                
Interest rate     0.00%          
First Amendment to Credit Agreement | One Month SOFR                
Debt                
Interest rate     1.00%          
First Amendment to Credit Agreement | Consolidated Fixed Charge Coverage Ratio | Minimum                
Debt                
Commitment fees (as a percentage)     0.20%          
First Amendment to Credit Agreement | Consolidated Fixed Charge Coverage Ratio | Maximum                
Debt                
Commitment fees (as a percentage)     0.35%          
Third Amendment to Credit Agreement                
Debt                
Amount of loan   $ 15,000,000     $ 160,624,000      
Aggregate amount   200,000,000            
Amount of sublimit   $ 25,000,000            
Third Amendment to Credit Agreement | Consolidated Leverage Ratio | Minimum                
Debt                
Consolidated leverage ratio   1.00%            
Third Amendment to Credit Agreement | Consolidated Leverage Ratio | Minimum | Period One Through Four                
Debt                
Consolidated leverage ratio   1.00%            
Third Amendment to Credit Agreement | Consolidated Leverage Ratio | Maximum                
Debt                
Consolidated leverage ratio   4.00%            
Third Amendment to Credit Agreement | Consolidated Leverage Ratio | Maximum | Period One Through Four                
Debt                
Consolidated leverage ratio   4.50%            
Third Amendment to Credit Agreement | Consolidated Fixed Charge Coverage Ratio | Minimum                
Debt                
Interest rate   1.00%            
Third Amendment to Credit Agreement | Consolidated Fixed Charge Coverage Ratio | Maximum                
Debt                
Interest rate   1.25%            
Third Amendment to Credit Agreement | Consolidated Senior Secured Leverage Ratio | Minimum                
Debt                
Consolidated leverage ratio   1.00%            
Third Amendment to Credit Agreement | Consolidated Senior Secured Leverage Ratio | Maximum                
Debt                
Consolidated leverage ratio   3.00%            
Third Amendment to Credit Agreement | Leverage Increase Period | Minimum                
Debt                
Consolidated leverage ratio   1.00%            
Third Amendment to Credit Agreement | Leverage Increase Period | Maximum                
Debt                
Consolidated leverage ratio   3.50%            
Fourth Amendment To Credit Agreement | Subsequent events                
Debt                
Amount of loan $ 225,000,000              
Aggregate amount 350,000,000              
Amount of sublimit $ 25,000,000              
Fourth Amendment To Credit Agreement | Term loan | Subsequent events                
Debt                
Term of loan 2 years              
Additional interest rate if default occurs (as a percentage) 2.00%              
Aggregate Term loan $ 700,000,000              
Amortization rate 5.00%              
Number of financial maintenance covenants | item 2              
Fourth Amendment To Credit Agreement | Base Rate | Minimum | Term loan | Subsequent events                
Debt                
Interest rate 0.50%              
Fourth Amendment To Credit Agreement | Base Rate | Maximum | Term loan | Subsequent events                
Debt                
Interest rate 1.50%              
Fourth Amendment To Credit Agreement | SOFR | Term loan | Subsequent events                
Debt                
SOFR adjustment 0.10%              
Fourth Amendment To Credit Agreement | SOFR | Minimum | Term loan | Subsequent events                
Debt                
Interest rate 1.50%              
Fourth Amendment To Credit Agreement | SOFR | Maximum | Term loan | Subsequent events                
Debt                
Interest rate 2.50%              
Fourth Amendment To Credit Agreement | Consolidated Fixed Charge Coverage Ratio | Minimum | Term loan | Subsequent events                
Debt                
Interest rate 1.00%              
Fourth Amendment To Credit Agreement | Consolidated Fixed Charge Coverage Ratio | Maximum | Term loan | Subsequent events                
Debt                
Interest rate 1.25%              
Fourth Amendment To Credit Agreement | Consolidated Senior Secured Leverage Ratio | Minimum | Term loan | Subsequent events                
Debt                
Consolidated leverage ratio 1.00%              
Fourth Amendment To Credit Agreement | Consolidated Senior Secured Leverage Ratio | Maximum | Term loan | Subsequent events                
Debt                
Consolidated leverage ratio 3.50%              
Standby Letters of Credit                
Debt                
Amount of loan         $ 9,376,000 15,668,000    
Standby Letters of Credit | Arcturus UAV Inc.                
Debt                
Amount of sublimit       $ 25,000,000,000,000        
Swingline Loan [Member]                
Debt                
Amount of sublimit   $ 10,000,000            
Swingline Loan [Member] | Subsequent events                
Debt                
Amount of sublimit $ 10,000,000              
Term loan                
Debt                
Unamortized debt issuance costs allocated to term loan facility   $ 590,000            
Aggregate amount           $ 28,000,000    
Term loan | Arcturus UAV Inc.                
Debt                
Term of loan       4 years        
Amount of loan       $ 200,000,000,000,000        
Term of amortization       5 years        
Term loan | Period One Through Four | Arcturus UAV Inc.                
Debt                
Amount of annual required payment expressed as a percent of the outstanding obligation       5.00%        
Term loan | Period Five | Arcturus UAV Inc.                
Debt                
Number of quarterly payments | payment       3        
Amount of quarterly required payment expressed as a percentage of outstanding obligation       1.25%        
Term loan | Final Maturity date | Arcturus UAV Inc.                
Debt                
Remaining outstanding principal amount       80.00%