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Commitments and Contingencies (Tables)

12 Months Ended

Apr. 30, 2023

Commitments And Contingencies Disclosure [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 April 30, 2023, and May 1, 2022, are as follows:


(dollars in thousands)		April 30, 2023				May 1, 2022
Right of use assets		$	8,191			$	15,577
Operating lease liability - current			2,640				3,219
Operating lease liability – noncurrent			3,612				7,062

Supplemental Cash Flow Information

Supplemental Cash Flow Information


(dollars in thousands)	2023				2022				2021
Operating lease liability payments	$	2,497			$	2,954			$	2,634
Right of use assets exchanged for lease liabilities		731				3,762				8,014

Summary of weighted average remaining lease term and discount rate

As of April 30, 2023, the weighted average remaining lease term and discount rate for our operating leases follows:


Weighted average lease term		3.87 years
Weighted average discount rate			3.58	%

As of May 1, 2022, the weighted average remaining lease term and discount rate for our operating leases follows:


Weighted average lease term		3.29 years
Weighted average discount rate			1.77	%

Leases-Other Information

Other Information

Maturity of our operating lease liabilities for the next five fiscal years and thereafter follows:


(dollars in thousands)		Amount
2024		$	2,698
2025			1,890
2026			603
2027			343
2028			225
Thereafter			804
			6,563
Less: interest			(311	)
Present value of lease liabilities		$	6,252