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Intangible Assets (Tables)
9 Months Ended
Jan. 27, 2019
Summary of Intangible Assets

A summary of intangible assets follows:

 

(dollars in thousands)

   January 27, 2019      January 28, 2018      April 29, 2018  

Tradenames

   $ 7,232      $ —        $ 683  

Customer relationships, net

     2,613        625        2,839  

Non-compete agreement, net

     697        772        753  
  

 

 

    

 

 

    

 

 

 
   $ 10,542      $ 1,397      $ 4,275  
  

 

 

    

 

 

    

 

 

 
Summary of Acquired Tradenames

A summary of the carrying amount of our tradenames from our recent acquisitions (see Note 3) follow:

 

(dollars in thousands)

   January 27, 2019      January 28, 2018      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:

 

     Nine months ended  

(dollars in thousands)

   January 27, 2019     January 28, 2018  

Beginning balance

   $ 2,839     $ 664  

Amortization expense

     (226)       (39)  
  

 

 

   

 

 

 

Ending balance

   $ 2,613     $ 625  
  

 

 

   

 

 

 
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:

 

     Nine months ended  

(dollars in thousands)

   January 27, 2019     January 28, 2018  

Beginning balance

   $ 753     $ 828  

Amortization expense

     (56)       (56)  
  

 

 

   

 

 

 

Ending balance

   $ 697     $ 772