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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Apr. 28, 2024
Apr. 30, 2023
Operating Activities:        
Net (loss) / income $ (4,091) $ 1,450 $ (4,091) $ 1,450
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 2,283 2,147    
Deferred income tax expense (1,329) 293    
Noncash restricted stock and performance awards 205 371    
Provision for doubtful accounts and sales allowances (408) 37    
Gain on life insurance policies (938) (634)    
Changes in assets and liabilities:        
Trade accounts receivable 2,102 7,564    
Inventories 5,179 23,487    
Income tax recoverable 493 93    
Prepaid expenses and other assets (2,183) (2,080)    
Trade accounts payable 2,122 (240)    
Accrued salaries, wages, and benefits (1,758) (3,547)    
Customer deposits 690 (1,928)    
Operating lease assets and liabilities 139 305    
Other accrued expenses (819) (4,743)    
Deferred compensation (210) (225)    
Net cash provided by operating activities 1,477 22,350    
Investing Activities:        
Purchases of property and equipment (843) (3,158)    
Premiums paid on life insurance policies (116) (107)    
Net cash used in investing activities (959) (3,265)    
Financing Activities:        
Purchase and retirement of common stock   (4,317)    
Cash dividends paid (2,452) (2,444)    
Payments for long-term loans (350) (350)    
Net cash used in financing activities (2,802) (7,111)    
Net (decrease) / increase in cash and cash equivalents (2,284) 11,974    
Cash and cash equivalents - beginning of year 43,159 19,002 30,976  
Cash and cash equivalents - end of quarter 40,875 30,976 $ 40,875 $ 30,976
Supplemental disclosure of cash flow information:        
Cash paid for income taxes 15 16    
Cash paid for interest, net 367 202    
Non-cash transactions:        
Increase in lease liabilities arising from changes in right-of-use assets 287 0    
Increase in property and equipment through accrued purchases $ 26 $ 145