XML 49 R39.htm IDEA: XBRL DOCUMENT

Leases (Tables)

9 Months Ended

Jan. 30, 2022

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 January 30, 2022, January 31, 2021, and May 2, 2021, are as follows:


(dollars in thousands)	January 30, 2022		January 31, 2021		May 2, 2021
Right of use assets	$	16,595	$	6,206	$	11,730
Operating lease liability - current		3,295		2,273		2,736
Operating lease liability – noncurrent		7,848		4,179		6,821

Supplemental Cash Flow Information

	Nine Months Ended		Nine Months Ended
(dollars in thousands)	January 30, 2022		January 31, 2021
Operating lease liability payments	$	2,249	$	1,930
Right of use assets exchanged for lease liabilities		3,763		4,309

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	$	740
2023		3,440
2024		3,045
2025		1,983
2026		493
Thereafter		1,868
	$	11,569
Less: interest		(426	)
Present value of lease liabilities	$	11,143

Summary of weighted average remaining lease term and discount rate

As of January 30, 2022, the weighted average remaining lease term and discount rate for our operating leases follows:

	January 30, 2022
Weighted average lease term	4.6 years
Weighted average discount rate		1.77	%

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

	January 31, 2021
Weighted average lease term	3.3 years
Weighted average discount rate		2.39	%