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Business Combination Achieved in Stages (Tables) | 12 Months Ended
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May 01, 2022
Schedule of Unaudited Pro Forma Consolidated Results of Operations | The following unaudited pro forma consolidated results of operations for the fiscal years ending May 2, 2021, and May 3, 2020, have been prepared as if this acquisition had occurred on April 29, 2019.
(dollars in thousands, except per share data) |  |  | May 2, 2021 |  |  | May 3, 2020 |
Net Sales |  |  | $ | 300,995 |  |  | $ | 256,960 |
Income (loss) from continuing operations |  |  |  | 12,138 |  |  |  | (7,820 | )
Net income (loss) from continuing operations |  |  |  | 2,430 |  |  |  | (11,283 | )
Net loss from discontinued operation |  |  |  | — |  |  |  | (17,509 | )
Net income (loss) |  |  | $ | 2,430 |  |  | $ | (28,792 | )
net income (loss) from continuing operations per share-basic |  |  | $ | 0.20 |  |  | $ | (0.91 | )
net income (loss) from continuing operations per share-diluted |  |  | $ | 0.20 |  |  | $ | (0.91 | )
net loss from discontinued operation per share-basic |  |  | $ | — |  |  | $ | (1.41 | )
net loss from discontinued operation per share-diluted |  |  | $ | — |  |  | $ | (1.41 | )
Net income (loss) per share - basic |  |  | $ | 0.20 |  |  | $ | (2.33 | )
Net income (loss) per share - diluted |  |  | $ | 0.20 |  |  | $ | (2.33 | )
CIH [Member] |
Schedule of Allocation of Consideration Transferred to Assets Acquired and Liabilities Assumed | The following table presents the final allocation of the consideration transferred to the assets acquired and liabilities assumed based on their fair values.
(dollars in thousands) |  | Fair Value |
Cash and cash equivalents |  | $ | 62 |
Accounts receivable |  |  | 169 |
Inventory |  |  | 31 |
Right of use assets |  |  | 2,544 |
Equipment and leasehold improvements |  |  | 846 |
Accounts payable |  |  | (155 | )
Gain on bargain purchase |  |  | (819 | )
|  | $ | 2,678 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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