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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 25, 2025
Jan. 27, 2024
Jan. 25, 2025
Jan. 27, 2024
Income Statement [Abstract]        
Net sales $ 149,507 $ 170,303 $ 583,926 $ 602,203
Cost of sales 112,726 128,585 431,584 435,139
Gross profit 36,781 41,718 152,342 167,064
Operating expenses:        
Selling 14,471 14,258 44,811 41,840
General and administrative 16,498 10,589 43,771 31,077
Product design and development 9,440 8,835 28,902 26,459
Operating expenses 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), net 508 (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
Income tax (benefit) expense (660) 1,889 8,283 14,781
Net (loss) income $ (17,156) $ 10,742 $ (696) $ 32,103
Weighted average shares outstanding:        
Basic (in shares) 47,764 46,173 46,944 45,975
Diluted (in shares) 47,764 50,837 46,944 46,608
Earnings per share:        
Basic (in usd per share) $ (0.36) $ 0.23 $ (0.01) $ 0.70
Diluted (in usd per share) $ (0.36) $ 0.09 $ (0.01) $ 0.69