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INTANGIBLE ASSETS (Tables)

12 Months Ended

Apr. 28, 2019

Summary of Intangible Assets

A summary of intangible assets follows:

(dollars in thousands)		April 28, 2019				April 29, 2018
Tradenames		$	7,232			$	683
Customer relationships, net			2,538				2,839
Non-compete agreement, net			678				753
		$	10,448			$	4,275

Summary of Acquired Tradenames

A summary of the carrying amount of our tradenames from our recent acquisitions (see Note 2) follow:

(dollars in thousands)		April 28, 2019				April 29, 2018
Read		$	683			$	683
eLuxury			6,549				—
		$	7,232			$	683

Customer Relationships [Member]

Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our customer relationships follows:

(dollars in thousands)		2019				2018				2017
beginning balance		$	2,839				664				715
acquisition of assets (note 2)			—				2,247				—
amortization expense			(301	)			(72	)			(51	)
loss on impairment			—				—				—
ending balance		$	2,538				2,839				664

Non-Compete Agreement [Member]

Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our non-compete agreement follows:

(dollars in thousands)		2019				2018				2017
beginning balance		$	753				828				903
amortization expense			(75	)			(75	)			(75	)
loss on impairment			—				—				—
ending balance		$	678				753				828

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