XML 88 R69.htm IDEA: XBRL DOCUMENT v3.23.2
Lines of Credit - Narrative (Detail)
¥ in Millions
 12 Months Ended
Jan. 19, 2023
USD ($)
Aug. 30, 2022
USD ($)
Aug. 19, 2022
USD ($)
Jun. 24, 2022
USD ($)
Apr. 30, 2023
USD ($)
May 01, 2022
USD ($)
May 02, 2021
USD ($)
Apr. 30, 2023
CNY (¥)
Revolving Credit Facility [Member] | United States [Member]                
Line Of Credit Facility [Line Items]                
Maximum borrowing capacity       $ 40,000,000   $ 30,000,000    
Expiration date           Aug. 15, 2022    
Maximum amount of letters of credit       $ 1,000,000   $ 1,000,000    
Applicable interest rate at end of period         6.30% 2.40%   6.30%
Interest rate description           Interest was charged under the Credit Agreement at a rate as a variable spread over LIBOR based on our ratio of debt to EBITDA.    
Reference rate on which the interest rate is based         SOFR      
Line of credit facility, available borrowing         $ 26,800,000      
Letters of credit, outstanding amount         275,000 $ 275,000    
Expiration month year       2025-06        
Minimum tangible net worth       $ 100,000,000        
Percentage of minimum annual net income       50.00%        
Minimum EBITDA to net interest expense ratio       3.0        
Minimum access to liquidity amount     $ 15,000,000 $ 15,000,000        
Outstanding amount         0 0    
Interest paid during the year         $ 8,000 10,000 $ 60,000  
Revolving Credit Facility [Member] | United States [Member] | ABL Credit Agreement [Member]                
Line Of Credit Facility [Line Items]                
Maximum borrowing capacity $ 35,000,000.0              
Expiration date Jan. 19, 2026              
Maximum amount of letters of credit $ 1,000,000              
Line of credit facility, accounts receivable, borrowing base percentage 85.00%              
Line of credit facility, borrowing base percentage of eligible inventory value 65.00%              
Line of credit facility, borrowing base percentage of net-orderly-liquidation value of eligible inventory value 85.00%              
Line of credit facility, borrowing base percentage of eligible in-transit inventory value 65.00%              
Line of credit facility, borrowing base percentage of net-orderly-liquidation value of eligible in-transit inventory value 85.00%              
Line of credit facility, borrowing base eligible in-transit inventory value $ 5,000,000.0              
Line of credit facility, borrowing base percentage of eligible raw material inventory value 65.00%              
Line of credit facility, borrowing base percentage of net-orderly-liquidation value of eligible raw material inventory value 85.00%              
Line of credit stated amount to determine borrowing base $ 22,500,000              
Line of credit facility, equal to eligible accounts receivable, borrowing base percent 200.00%              
Line of credit facility, commitment fee percentage 37.50%              
Annual servicing fee $ 12,000              
Debt instrument, interest rate terms         The ABL Facility permits both base rate borrowings and borrowings based upon daily simple SOFR (the secured overnight financing rate administered by the Federal Reserve Bank of New York (or its successor)). Borrowings under the ABL Facility bear interest at an annual rate equal to daily simple SOFR plus 150 basis points (if the average monthly excess availability under the ABL Facility is greater than 50%) or 175 basis points (if the average monthly excess availability under the ABL Facility is less than or equal to 50%) or 50 basis points above base rate (if the average monthly excess availability under the ABL Facility is greater than 50%) or 75 basis points above base rate (if the average monthly excess availability under the ABL Facility is less than or equal to 50%), as applicable, with a fee on unutilized commitments at an annual rate of 37.5 basis points and an annual servicing fee of $12,000.      
Threshold amount to determine excess borrowing availability $ 35,000,000.0              
Number of consecutive days in which if no event of default occurs, the compliance period ends 60 days              
Line of credit facility, fixed charge ratio 1.10              
Revolving Credit Facility [Member] | United States [Member] | Secured Overnight Financing Rate (SOFR) [Member]                
Line Of Credit Facility [Line Items]                
Debt instrument, basis spread on interest rate       1.35%        
Revolving Credit Facility [Member] | United States [Member] | Minimum [Member]                
Line Of Credit Facility [Line Items]                
Debt instrument, basis spread on interest rate       1.35%        
Revolving Credit Facility [Member] | United States [Member] | Minimum [Member] | ABL Credit Agreement [Member]                
Line Of Credit Facility [Line Items]                
Line of credit facility, excess borrowing ability $ 7,000,000.0              
Line of credit facility, covenant, excess borrowing availability $ 5,250,000              
Revolving Credit Facility [Member] | United States [Member] | Minimum [Member] | Secured Overnight Financing Rate (SOFR) [Member] | ABL Credit Agreement [Member]                
Line Of Credit Facility [Line Items]                
Debt instrument, basis spread on interest rate 150.00%              
Revolving Credit Facility [Member] | United States [Member] | Minimum [Member] | Base Rate [Member] | ABL Credit Agreement [Member]                
Line Of Credit Facility [Line Items]                
Debt instrument, basis spread on interest rate 50.00%              
Revolving Credit Facility [Member] | United States [Member] | Maximum [Member]                
Line Of Credit Facility [Line Items]                
Debt instrument, basis spread on interest rate       2.50%        
Revolving Credit Facility [Member] | United States [Member] | Maximum [Member] | ABL Credit Agreement [Member]                
Line Of Credit Facility [Line Items]                
Line of credit facility minimum excess borrowing ability cash dominion period $ 7,000,000.0              
Line of credit facility, minimum excess borrowing ability compliance period $ 5,250,000              
Revolving Credit Facility [Member] | United States [Member] | Maximum [Member] | Secured Overnight Financing Rate (SOFR) [Member] | ABL Credit Agreement [Member]                
Line Of Credit Facility [Line Items]                
Debt instrument, basis spread on interest rate 175.00%              
Revolving Credit Facility [Member] | United States [Member] | Maximum [Member] | Base Rate [Member] | ABL Credit Agreement [Member]                
Line Of Credit Facility [Line Items]                
Debt instrument, basis spread on interest rate 75.00%              
Revolving Credit Facility [Member] | United States [Member] | Letters of Credit [Member]                
Line Of Credit Facility [Line Items]                
Remaining letters of credit         $ 725,000      
Revolving credit agreements [Member] | China [Member] | Chinese Yuan Renminbi [Member]                
Line Of Credit Facility [Line Items]                
Maximum borrowing capacity         $ 5,800,000     ¥ 40
Expiration date         Nov. 24, 2023      
Interest rate description         Interest charged under this agreement is based on an interest rate determined by the Chinese government at the time of borrowing.      
Outstanding amount         $ 0 $ 0    
Revolving credit agreements [Member] | China [Member] | United States Dollar [Member]                
Line Of Credit Facility [Line Items]                
Maximum borrowing capacity   $ 2,000,000            
Expiration date   Aug. 30, 2022