XML 93 R76.htm IDEA: XBRL DOCUMENT v3.21.1
Note 12 - Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
May 01, 2021
May 02, 2020
Accrued warranty obligations $ 6,293 $ 6,202
Vacation accrual 1,222 1,753
Deferred maintenance revenue 398 987
Allowance for excess and obsolete inventory 1,776 1,318
Legal reserve 0 503
Equity compensation 324 396
Allowance for doubtful accounts 829 546
Inventory capitalization 583 822
Accrued compensation and benefits 1,707 539
Unrealized loss on foreign currency exchange 85 0
Net operating loss carry forwards 856 919
Research and development tax credit carry forwards 516 1,975
Lease accounting - lease liability 1,572 2,099
Other 1,513 1,035
Total deferred tax assets 17,674 19,094
Valuation allowance (1,732) (1,189)
Net deferred tax assets 15,942 17,905
Property and equipment (2,373) (2,141)
Lease accounting - right of use asset (1,580) (2,103)
Prepaid expenses (337) (440)
Intangible assets (69) (317)
Unrealized gain on foreign currency exchange 0 (17)
Other (49) (68)
Total deferred tax liabilities (4,408) (5,086)
Net deferred tax asset 11,534 12,819
Non-current assets 11,944 13,271
Non-current liabilities $ (410) $ (452)