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Segment Reporting
9 Months Ended
Jan. 28, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The following table sets forth certain financial information for each of our five reporting segments for the periods indicated:
Three Months EndedNine Months Ended
January 28,
2023
January 29,
2022
January 28,
2023
January 29,
2022
Net sales:
Commercial$49,967 $40,095 $127,132 $107,339 
Live Events67,748 39,057 193,370 150,840 
High School Park and Recreation28,312 23,721 106,127 84,362 
Transportation17,578 15,823 53,797 42,434 
International21,370 20,862 63,908 63,792 
184,975 139,558 544,334 448,767 
Gross profit:
Commercial10,547 8,239 21,565 22,862 
Live Events14,405 3,094 26,174 17,261 
High School Park and Recreation7,555 6,958 29,343 27,216 
Transportation5,534 4,108 15,456 12,263 
International3,672 (91)6,673 7,158 
41,713 22,308 99,211 86,760 
Operating expenses:
Selling12,908 12,735 41,866 37,012 
General and administrative9,861 8,328 27,989 24,100 
Product design and development7,250 6,925 21,655 21,283 
Goodwill impairment4,576 — 4,576 — 
34,595 27,988 96,086 82,395 
Operating income (loss)7,118 (5,680)3,125 4,365 
Nonoperating (expense) income:
Interest (expense) income, net(398)56 (721)134 
Other expense, net(1,380)(793)(2,335)(2,613)
Income (loss) before income taxes$5,340 $(6,417)$69 $1,886 
Depreciation and amortization:
Commercial$927 $646 $2,564 $1,949 
Live Events1,534 1,275 4,727 3,860 
High School Park and Recreation452 318 1,174 1,096 
Transportation163 136 416 402 
International608 703 1,719 2,181 
Unallocated corporate depreciation634 677 1,943 2,056 
$4,318 $3,755 $12,543 $11,544 
No single geographic area comprises a material amount of our net sales or property and equipment, net of accumulated depreciation, other than the United States. The following table presents information about net sales and property and equipment, net of accumulated depreciation, in the United States and elsewhere:
Three Months EndedNine Months Ended
January 28,
2023
January 29,
2022
January 28,
2023
January 29,
2022
Net sales:    
United States$161,467 $112,389 $474,048 $374,692 
Outside United States23,508 27,169 70,286 74,075 
$184,975 $139,558 $544,334 $448,767 
January 28,
2023
April 30,
2022
Property and equipment, net of accumulated depreciation:  
United States$65,073 $58,643 
Outside United States8,722 8,122 
$73,795 $66,765 
We have numerous customers worldwide for sales of our products and services, and no customer accounted for 10 percent or more of net sales for the three and nine months ended January 28, 2023 and January 29, 2022; therefore, we are not economically dependent on a limited number of customers for the sale of our products and services.
We have numerous raw material and component suppliers, and no supplier accounts for 10 percent or more of our cost of sales; however, we have a complex global supply chain subject to geopolitical and transportation risks and a number of single-source suppliers that could limit our supply or cause delays in obtaining raw materials and components needed in manufacturing.