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Income Taxes (Tables)

12 Months Ended

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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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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