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Income Taxes (Tables) | 12 Months Ended
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Apr. 30, 2022
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | The following tables reflect the significant components of our income tax provision. The pretax income (loss) attributable to domestic and foreign operations was as follows:
| Year Ended
| April 30, 2022 |  | May 1, 2021 |  | May 2, 2020
Domestic | $ | (2,696) |  |  | $ | 10,413 |  |  | $ | (4,187) |
Foreign | 3,804 |  |  | 3,647 |  |  | 4,178 |
Income (loss) before income taxes | $ | 1,108 |  |  | $ | 14,060 |  |  | $ | (9) |
Schedule of Components of Income Tax Expense (Benefit) | Income tax expense (benefit) consisted of the following:
| Year Ended
| April 30, 2022 |  | May 1, 2021 |  | May 2, 2020
Current: |  |  |  |  |
Federal | $ | 644 |  |  | $ | 507 |  |  | $ | 625 |
State | 452 |  |  | 422 |  |  | 297 |
Foreign | 975 |  |  | 891 |  |  | 761 |
Deferred: |  |  |  |  |
Federal | (1,020) |  |  | 1,216 |  |  | (2,028) |
State | (476) |  |  | 59 |  |  | (321) |
Foreign | (59) |  |  | 39 |  |  | 166 |
| $ | 516 |  |  | $ | 3,134 |  |  | $ | (500) |
Schedule of Effective Income Tax Rate Reconciliation | The reconciliation of the provision (benefit) for income taxes and the amount computed by applying the federal statutory rate to income (loss) before income taxes is as follows:
| Year Ended
| April 30, 2022 |  | May 1, 2021 |  | May 2, 2020
Computed income tax expense (benefit) at federal statutory rates | $ | 233 |  |  | $ | 2,953 |  |  | $ | (2) |
Change in uncertain tax positions | (71) |  |  | (34) |  |  | 4 |
Research and development tax credit | (382) |  |  | (1,047) |  |  | (1,621) |
Other, net | (227) |  |  | 403 |  |  | (241) |
Change in valuation allowances | 609 |  |  | 402 |  |  | 482 |
GILTI | (14) |  |  | (156) |  |  | 149 |
Base Erosion Anti-Abuse Tax (BEAT) | 12 |  |  | (285) |  |  | 301 |
Stock compensation | 150 |  |  | 355 |  |  | 318 |
Meals and entertainment | 67 |  |  | 49 |  |  | 305 |
Dividends paid to retirement plan | — |  |  | — |  |  | (111) |
State taxes, net of federal benefit | 139 |  |  | 494 |  |  | (84) |
| $ | 516 |  |  | $ | 3,134 |  |  | $ | (500) |
Schedule of Deferred Tax Assets and Liabilities | The components of the net deferred tax assets were as follows:
| April 30, 2022 |  | May 1, 2021
Deferred tax assets: |  |  |
Accrued warranty obligations | $ | 7,117 |  |  | $ | 6,293 |
Vacation accrual | 1,618 |  |  | 1,222 |
Deferred maintenance revenue | 272 |  |  | 398 |
Allowance for excess and obsolete inventory | 2,316 |  |  | 1,776 |
Equity compensation | 276 |  |  | 324 |
Allowance for doubtful accounts | 528 |  |  | 829 |
Inventory capitalization | 1,278 |  |  | 583 |
Accrued compensation and benefits | 1,019 |  |  | 1,707 |
Unrealized loss on foreign currency exchange | — |  |  | 85 |
Net operating loss carry forwards | 729 |  |  | 856 |
Research and development tax credit carry forwards | 396 |  |  | 516 |
Lease accounting - lease liability | 1,918 |  |  | 1,572 |
Other | 2,296 |  |  | 1,513 |
Total deferred tax assets | 19,763 |  |  | 17,674 |
Valuation allowance | (2,452) |  |  | (1,732) |
Net deferred tax assets | 17,311 |  |  | 15,942 |
Deferred tax liabilities: |  |  |
Property and equipment | (1,693) |  |  | (2,373) |
Lease accounting - right of use asset | (1,907) |  |  | (1,580) |
Prepaid expenses | (428) |  |  | (337) |
Intangible assets | — |  |  | (69) |
Unrealized gain on foreign currency exchange | (180) |  |  | — |
Other | (59) |  |  | (49) |
Total deferred tax liabilities | (4,267) |  |  | (4,408) |
Net deferred tax asset | $ | 13,044 |  |  | $ | 11,534 |
The classification of the net deferred tax assets in the accompanying consolidated balance sheets is:
| April 30, 2022 |  | May 1, 2021
Non-current assets | $ | 13,331 |  |  | $ | 11,944 |
Non-current liabilities | (287) |  |  | (410) |
| $ | 13,044 |  |  | $ | 11,534 |
Schedule of Unrecognized Tax Benefits Roll Forward | The summary of changes in the amounts related to unrecognized uncertain tax benefits are:
| April 30, 2022 |  | May 1, 2021
Balance at beginning of year | $ | 548 |  |  | $ | 582 |
Gross increases related to prior period tax positions | 17 |  |  | 21 |
Gross decreases related to prior period tax positions | (54) |  |  | (1) |
Gross increases related to current period tax positions | 116 |  |  | 84 |
Lapse of statute of limitations | (150) |  |  | (138) |
Balance at end of year | $ | 477 |  |  | $ | 548 |

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