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Income Taxes
 6 Months Ended
Oct. 26, 2024
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Our effective tax rates for the three and six months ended October 26, 2024, were 15.0 percent and 35.2 percent, respectively. Income before tax includes the impacts of the Convertible Note fair value adjustment, which is not deductible, in proportion to the period's increase in pre-tax income. The effective tax rate for the three and six months ended October 28, 2023 were 64.8 percent and 37.6 percent, respectively, and were driven by the increase in the fair value adjustment to expense.
We operate both domestically and internationally and, as of October 26, 2024, the undistributed earnings of our foreign subsidiaries were considered to be reinvested indefinitely. Additionally, as of October 26, 2024, we had $492 of unrecognized tax benefits which would reduce our effective tax rate if recognized.