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Leases (Tables)

6 Months Ended

Oct. 31, 2021

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 October 31, 2021, November 1, 2020, and May 2, 2021, are as follows:


(dollars in thousands)	October 31, 2021		November 1, 2020		May 2, 2021
Right of use assets	$	13,649	$	6,165	$	11,730
Operating lease liability - current		2,878		2,316		2,736
Operating lease liability – noncurrent		7,914		4,008		6,821

Supplemental Cash Flow Information

	Six Months Ended		Six Months Ended
(dollars in thousands)	October 31, 2021		November 1, 2020
Operating lease liability payments	$	1,436	$	1,232
Right of use assets exchanged for lease liabilities		2,614		3,618

Leases-Other Information

Other Information

Maturity of our operating lease liabilities for the remainder of fiscal 2022, the subsequent next four fiscal years, and thereafter follows:

(dollars in thousands)
2022	$	1,449
2023		2,991
2024		2,689
2025		1,753
2026		493
Thereafter		1,868
	$	11,243
Less: interest		(451	)
Present value of lease liabilities	$	10,792

Summary of weighted average remaining lease term and discount rate

As of October 31, 2021, the weighted average remaining lease term and discount rate for our operating leases follows:

	October 31, 2021
Weighted average lease term	4.9 years
Weighted average discount rate		1.92	%

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	%