XML 66 R50.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Apr. 27, 2024
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Hierarchy | The following table presents the fair value hierarchy for those assets and liabilities we measured at fair value on a recurring basis at April 27, 2024 and April 29, 2023. There were no transfers into or out of Level 1, Level 2, or Level 3 for any of the periods presented.
At April 27, 2024 |  |  |  |  |  |  |  |  |  |
|  | Fair Value Measurements
(Amounts in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | NAV (1) |  | Total
Assets |  |  |  |  |  |  |  |  |  |
Marketable securities |  | $ | — |  |  | $ | 7,996 |  |  | $ | — |  |  | $ | 10,247 |  |  | $ | 18,243 |
Held-to-maturity investments |  | 1,259 |  |  | — |  |  | — |  |  | — |  |  | 1,259 |
Total assets |  | $ | 1,259 |  |  | $ | 7,996 |  |  | $ | — |  |  | $ | 10,247 |  |  | $ | 19,502 |
At April 29, 2023 |  |  |  |  |  |  |  |  |  |
|  | Fair Value Measurements
(Amounts in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | NAV (1) |  | Total
Assets |  |  |  |  |  |  |  |  |  |
Marketable securities |  | $ | — |  |  | $ | 16,557 |  |  | $ | — |  |  | $ | 6,995 |  |  | $ | 23,552 |
Held-to-maturity investments |  | 1,351 |  |  | — |  |  | — |  |  | — |  |  | 1,351 |
Total assets |  | $ | 1,351 |  |  | $ | 16,557 |  |  | $ | — |  |  | $ | 6,995 |  |  | $ | 24,903 |
(1)Certain marketable securities investments are measured at fair value using net asset value per share under the practical expedient methodology.
Schedule of Reconciliation of Level 3 Assets |
(Amounts in thousands) |  | Assets |  | Liabilities
Balance at April 30, 2022 |  | $ | 10,079 |  |  | $ | 800 |
Purchases |  | 237 |  |  | — |
Settlements |  | — |  |  | — |
Fair value adjustment |  | (10,316) |  |  | (800) |
Balance at April 29, 2023 |  | $ | — |  |  | $ | — |
Schedule of Reconciliation of Level 3 Liabilities |
(Amounts in thousands) |  | Assets |  | Liabilities
Balance at April 30, 2022 |  | $ | 10,079 |  |  | $ | 800 |
Purchases |  | 237 |  |  | — |
Settlements |  | — |  |  | — |
Fair value adjustment |  | (10,316) |  |  | (800) |
Balance at April 29, 2023 |  | $ | — |  |  | $ | — |

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration