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Allowance for Doubtful Accounts
3 Months Ended
Aug. 02, 2020
Receivables [Abstract]  
Allowance for Doubtful Accounts

4. Allowance for Doubtful Accounts

A summary of the activity in the allowance for doubtful accounts follows:

 

 

 

Three Months Ended

 

(dollars in thousands)

 

August 2, 2020

 

 

August 4, 2019

 

Beginning balance

 

$

472

 

 

$

393

 

Provision for bad debts

 

 

80

 

 

 

(30

)

Net write-offs, net of recoveries

 

 

 

 

 

 

Ending balance

 

$

552

 

 

$

363

 

 

During the three-months ended August 2, 2020, we assessed the credit risk of our customers within our accounts receivable. Our risk assessment includes the respective customer’s (i) financial position; (ii) past payment history; (iii) management’s general ability; (iv) historical loss experience; and (v) the ongoing economic uncertainty associated with the COVID-19 global pandemic. After our risk assessment was completed, we assigned credit grades to our customers, which in turn, were used to determine our allowance for doubtful accounts totaling $552,000 as of August 2, 2020.