XML 24 R12.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment Reporting
 9 Months Ended
Jan. 25, 2025
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 25,
2025		January 27,
2024		January 25,
2025		January 27,
2024
Net sales:
Commercial$37,976 $33,292 $115,614 $122,628 
Live Events46,072 73,393 231,887 233,602 
High School Park and Recreation29,367 28,764 125,444 133,940 
Transportation18,789 19,605 62,757 61,217 
International17,303 15,249 48,224 50,816 
149,507 170,303 583,926 602,203 
Gross profit:
Commercial9,086 5,546 27,819 25,546 
Live Events8,794 21,102 49,792 68,276 
High School Park and Recreation9,292 8,029 44,412 45,274 
Transportation6,926 6,180 23,347 20,049 
International2,683 861 6,972 7,919 
36,781 41,718 152,342 167,064 
Operating expenses:
Selling14,471 14,258 44,811 41,840 
General and administrative16,498 10,589 43,771 31,077 
Product design and development9,440 8,835 28,902 26,459 
40,409 33,682 117,484 99,376 
Operating (loss) income(3,628)8,036 34,858 67,688 
Nonoperating (expense) income:
Interest income (expense), net508 (745)710 (2,952)
Change in fair value of convertible note(14,083)6,340 (25,369)(11,570)
Other expense and debt issuance costs write-off, net(613)(1,000)(2,612)(6,282)
(Loss) Income before income taxes$(17,816)$12,631 $7,587 $46,884 
Depreciation and amortization:
Commercial$1,060 $1,166 $3,217 $3,278 
Live Events1,456 1,533 4,297 4,750 
High School Park and Recreation522 508 1,588 1,444 
Transportation203 181 610 523 
International542 563 1,654 1,701 
Unallocated corporate depreciation and amortization1,130 925 3,341 2,674 
$4,913 $4,876 $14,707 $14,370 
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 25,
2025		January 27,
2024		January 25,
2025		January 27,
2024
Net sales:    
United States$127,159 $152,962 $518,816 $545,699 
Outside United States22,348 17,341 65,110 56,504 
$149,507 $170,303 $583,926 $602,203 
January 25,
2025		April 27,
2024
Property and equipment, net of accumulated depreciation:  
United States$66,944 $64,332 
Outside United States6,784 7,420 
$73,728 $71,752 
We have numerous customers worldwide for sales of our products and services, and no customer accounted for 10 percent or more of net sales; 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.