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v3.25.3

Segment Information (Tables) | 6 Months Ended
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Oct. 25, 2025
Segment Reporting [Abstract] |
Schedule of Operating Income (Loss) by Segment | The following table presents sales and operating income (loss) by segment:
|  | Quarter Ended October 25, 2025
(Unaudited, amounts in thousands) |  | Wholesale |  | Retail |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated
Sales to external customers |  | $ | 263,556 |  |  | $ | 222,043 |  |  | $ | 36,881 |  |  | $ | — |  |  | $ | 522,480 |
Intersegment sales |  | 105,883 |  |  | — |  |  | 1,808 |  |  | (107,691) |  |  | — |
Total sales |  | 369,439 |  |  | 222,043 |  |  | 38,689 |  |  | (107,691) |  |  | 522,480 |
Cost of sales |  | 273,536 |  |  | 96,373 |  |  | 16,394 |  |  | (94,961) |  |  | 291,342 |
Gross profit |  | 95,903 |  |  | 125,670 |  |  | 22,295 |  |  | (12,730) |  |  | 231,138 |
SG&A expenses |  | 66,847 |  |  | 101,849 |  |  | 38,993 |  |  | (12,730) |  |  | 194,959 |
Operating income (loss) |  | $ | 29,056 |  |  | $ | 23,821 |  |  | $ | (16,698) |  |  | $ | — |  |  | $ | 36,179 |
Interest expense |  |  |  |  |  |  |  |  |  | (110) |
Interest income |  |  |  |  |  |  |  |  |  | 3,549 |
Other income (expense), net |  |  |  |  |  |  |  |  |  | (54) |
Income before income taxes |  |  |  |  |  |  |  |  |  | $ | 39,564 |
|  | Quarter Ended October 26, 2024
(Unaudited, amounts in thousands) |  | Wholesale |  | Retail |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated
Sales to external customers |  | $ | 258,983 |  |  | $ | 221,564 |  |  | $ | 40,480 |  |  | $ | — |  |  | $ | 521,027 |
Intersegment sales |  | 104,914 |  |  | — |  |  | 1,607 |  |  | (106,521) |  |  | — |
Total sales |  | 363,897 |  |  | 221,564 |  |  | 42,087 |  |  | (106,521) |  |  | 521,027 |
Cost of sales |  | 268,697 |  |  | 98,314 |  |  | 17,279 |  |  | (93,911) |  |  | 290,379 |
Gross profit |  | 95,200 |  |  | 123,250 |  |  | 24,808 |  |  | (12,610) |  |  | 230,648 |
SG&A expenses |  | 70,671 |  |  | 95,353 |  |  | 38,462 |  |  | (12,610) |  |  | 191,876 |
Operating income (loss) |  | $ | 24,529 |  |  | $ | 27,897 |  |  | $ | (13,654) |  |  | $ | — |  |  | $ | 38,772 |
Interest expense |  |  |  |  |  |  |  |  |  | (99) |
Interest income |  |  |  |  |  |  |  |  |  | 3,730 |
Other income (expense), net |  |  |  |  |  |  |  |  |  | (1,879) |
Income before income taxes |  |  |  |  |  |  |  |  |  | $ | 40,524 |
|  | Six Months Ended October 25, 2025
(Unaudited, amounts in thousands) |  | Wholesale |  | Retail |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated
Sales to external customers |  | $ | 518,901 |  |  | $ | 429,193 |  |  | $ | 66,615 |  |  | $ | — |  |  | $ | 1,014,709 |
Intersegment sales |  | 203,495 |  |  | — |  |  | 3,309 |  |  | (206,804) |  |  | — |
Total sales |  | 722,396 |  |  | 429,193 |  |  | 69,924 |  |  | (206,804) |  |  | 1,014,709 |
Cost of sales |  | 537,578 |  |  | 189,836 |  |  | 28,928 |  |  | (181,968) |  |  | 574,374 |
Gross profit |  | 184,818 |  |  | 239,357 |  |  | 40,996 |  |  | (24,836) |  |  | 440,335 |
SG&A expenses |  | 130,587 |  |  | 202,416 |  |  | 74,002 |  |  | (24,836) |  |  | 382,169 |
Operating income (loss) |  | $ | 54,231 |  |  | $ | 36,941 |  |  | $ | (33,006) |  |  | $ | — |  |  | $ | 58,166 |
Interest expense |  |  |  |  |  |  |  |  |  | (230) |
Interest income |  |  |  |  |  |  |  |  |  | 6,657 |
Other income (expense), net |  |  |  |  |  |  |  |  |  | (639) |
Income before income taxes |  |  |  |  |  |  |  |  |  | $ | 63,954 |
|  | Six Months Ended October 26, 2024
(Unaudited, amounts in thousands) |  | Wholesale |  | Retail |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated
Sales to external customers |  | $ | 515,003 |  |  | $ | 423,934 |  |  | $ | 77,622 |  |  | $ | — |  |  | $ | 1,016,559 |
Intersegment sales |  | 199,794 |  |  | — |  |  | 3,173 |  |  | (202,967) |  |  | — |
Total sales |  | 714,797 |  |  | 423,934 |  |  | 80,795 |  |  | (202,967) |  |  | 1,016,559 |
Cost of sales |  | 528,990 |  |  | 189,064 |  |  | 33,198 |  |  | (178,684) |  |  | 572,568 |
Gross profit |  | 185,807 |  |  | 234,870 |  |  | 47,597 |  |  | (24,283) |  |  | 443,991 |
SG&A expenses |  | 137,279 |  |  | 186,324 |  |  | 73,529 |  |  | (24,283) |  |  | 372,849 |
Operating income (loss) |  | $ | 48,528 |  |  | $ | 48,546 |  |  | $ | (25,932) |  |  | $ | — |  |  | $ | 71,142 |
Interest expense |  |  |  |  |  |  |  |  |  | (309) |
Interest income |  |  |  |  |  |  |  |  |  | 8,154 |
Other income (expense), net |  |  |  |  |  |  |  |  |  | (2,497) |
Income before income taxes |  |  |  |  |  |  |  |  |  | $ | 76,490 |
|  | Quarter Ended |  | Six Months Ended
(Unaudited, amounts in thousands) |  | 10/25/25 |  | 10/26/24 |  | 10/25/25 |  | 10/26/24
Depreciation and Amortization |  |  |  |  |  |  |  |
Wholesale segment |  | $ | 6,474 |  |  | $ | 6,490 |  |  | $ | 13,089 |  |  | $ | 12,747 |
Retail segment |  | 3,536 |  |  | 2,745 |  |  | 6,729 |  |  | 5,375 |
Corporate and Other |  | 1,760 |  |  | 2,262 |  |  | 3,281 |  |  | 5,522 |
Consolidated depreciation and amortization |  | $ | 11,770 |  |  | $ | 11,497 |  |  | $ | 23,099 |  |  | $ | 23,644 |
Capital Expenditures |  |  |  |  |  |  |  |
Wholesale segment |  | $ | 6,152 |  |  | $ | 7,492 |  |  | $ | 14,573 |  |  | $ | 15,514 |
Retail segment |  | 12,136 |  |  | 7,642 |  |  | 20,252 |  |  | 14,110 |
Corporate and Other |  | 2,178 |  |  | 2,015 |  |  | 4,102 |  |  | 3,145 |
Consolidated capital expenditures |  | $ | 20,466 |  |  | $ | 17,149 |  |  | $ | 38,927 |  |  | $ | 32,769 |
Sales by Country (1) |  |  |  |  |  |  |  |
United States |  | 92% |  | 91% |  | 92% |  | 90%
Canada |  | 5% |  | 5% |  | 5% |  | 6%
Other |  | 3% |  | 4% |  | 3% |  | 4%
Total |  | 100% |  | 100% |  | 100% |  | 100%
(1)Sales are attributed to countries on the basis of the customer's location.
(Unaudited, amounts in thousands) |  | 10/25/25 |  | 4/26/25
Assets |  |  |  |
Wholesale segment |  | $ | 667,415 |  |  | $ | 662,987 |
Retail segment |  | 740,695 |  |  | 727,178 |
Unallocated assets |  | 550,648 |  |  | 531,997 |
Consolidated assets |  | $ | 1,958,758 |  |  | $ | 1,922,162 |
Long-Lived Assets by Geographic Location |  |  |  |
Domestic |  | $ | 996,452 |  |  | $ | 976,220 |
International |  | 68,634 |  |  | 72,591 |
Consolidated long-lived assets |  | $ | 1,065,086 |  |  | $ | 1,048,811 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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