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Leases (Tables) | 6 Months Ended
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Nov. 01, 2020
Assets And Liabilities Lessee [Abstract] |
Summary of right of use assets and lease liabilities | The right of use assets and lease liabilities associated with our operating leases as of November 1, 2020, November 3, 2019, and May 3, 2020, are as follows:
|  |  |  |  |  | (1) |  |  |  |  |
(dollars in thousands) |  | November 1, 2020 |  |  | November 3, 2019 |  |  | May 3, 2020 |
Right of use assets |  | $ | 6,165 |  |  | $ | 5,879 |  |  | $ | 3,903 |
Operating lease liability - current |  |  | 2,316 |  |  |  | 2,282 |  |  |  | 1,805 |
Operating lease liability – noncurrent |  |  | 4,008 |  |  |  | 3,439 |  |  |  | 2,016 |
(1) | As of November 3, 2019, right of use assets totaled $5.9 million, of which $4.9 million and $1.0 million were classified as (i) right of use asset and (ii) within noncurrent assets – discontinued operation, respectively, in the accompanying Consolidated Balance Sheets. At November 3, 2019, operating lease liabilities totaled $5.7 million, of which $2.1 million, $192,000, $2.6 million, and $825,000 were classified as (i) operating lease liability – current, (ii) within current liabilities – discontinued operation, (iii) operating lease liability – long-term, and (iv) within noncurrent liabilities – discontinued operation, respectively, in the accompanying Consolidated Balance Sheets.
Supplemental Cash Flow Information | Supplemental Cash Flow Information
|  | Six Months Ended |  |  | Six Months Ended |
(dollars in thousands) |  | November 1, 2020 |  |  | November 3, 2019 |
Operating lease liability payments |  | $ | 1,232 |  |  | $ | 1,408 |
Right of use assets exchanged for lease liabilities |  |  | 3,618 |  |  |  | 22 |
Leases-Other Information | Other Information Maturity of our operating lease liabilities for the remainder of fiscal 2021, the subsequent next four fiscal years, and thereafter follows:
(dollars in thousands) |  |  |  |
2021 |  | $ | 1,244 |
2022 |  |  | 1,955 |
2023 |  |  | 1,536 |
2024 |  |  | 1,172 |
2025 |  |  | 679 |
Thereafter |  |  | — |
|  | $ | 6,586 |
Less: interest |  |  | (262 | )
Present value of lease liabilities |  | $ | 6,324 |
Summary of weighted average remaining lease term and discount rate | As of November 1, 2020, the weighted average remaining lease term and discount rate for our operating leases follows:
|  | November 1, 2020 |
Weighted average lease term |  | 3.3 years |
Weighted average discount rate |  |  | 2.51 | %
As of November 3, 2019, the weighted average remaining lease term and discount rate for our operating leases follows:
|  | November 3, 2019 |
Weighted average lease term |  | 3.4 years |
Weighted average discount rate |  |  | 3.82 | %

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=121580752&loc=d3e38371-112697 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41499-112717 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121555522&loc=d3e12069-110248 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121549808&loc=d3e36991-112694 + Details
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