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Leases (Tables)
6 Months Ended
Nov. 03, 2019
Assets and Liabilities, Lessee [Abstract]  
Summary of right of use asset and lease liabilities
The right of use asset and lease liabilities associated with our operating leases as of November 3, 2019, and April 29, 2019, are as follows:
 
(dollars in thousands)
  November 3, 2019   (1)
April 29, 2019
 
Right of use asset
  $5,879   $7,191 
   
Operating lease liability - current
   2,282    2,629 
Operating lease liability – noncurrent
   3,439    4,473 
 
(1)
Represents adoption date of Topic 842.
Supplemental Cash Flow Information
Supplemental Cash Flow Information
 
(dollars in thousands)
  Three Months Ended
November 3, 2019
   Six Months Ended
November 3, 2019
 
Operating lease liability payments
  $751   $1,408 
   
Right of use assets exchanged for lease liabilities
   22    22 
Leases-Other Information
Other Information
Maturity of our operating lease liabilities for the remainder of fiscal 2020, the next subsequent four fiscal years, and thereafter follows:
 
(dollars in thousands)
    
2020
  $1,279 
2021
   2,039 
2022
   1,093 
2023
   683 
2024
   659 
Thereafter
   347 
   
 
 
 
   $6,100 
Less: interest
   (379
   
 
 
 
Present value of lease liabilities
  $5,721 
   
 
 
 
Summary of weighted average remaining lease term and discount rate
As of November 3, 2019, the weighted average remaining lease term and discount rate for our operating leases follows:
 
Weighted average lease term
   3.4 years 
  
Weighted average discount rate
   3.82