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Income Taxes - Differences Between Income Tax Expense from Continuing Operations at Federal Income Tax Rate and Effective Income Tax Rate (Detail)

12 Months Ended

Apr. 30, 2023

May 01, 2022

May 02, 2021

Income Tax Disclosure [Abstract]

U.S. federal income tax rate

21.00%

21.00%

21.00%

valuation allowance

(24.00%)

(56.30%)

78.40%

income tax effects of the 2017 Tax Cuts and Jobs Act

(33.80%)

global intangible low taxed income tax (GILTI)

(540.90%)

foreign tax rate differential

(4.00%)

(206.20%)

10.90%

income tax effects of Chinese foreign exchange gains and losses

(0.90%)

(20.60%)

(8.40%)

withholding taxes associated with foreign tax jurisdictions

(2.40%)

(172.80%)

7.70%

uncertain income tax positions

(0.30%)

105.40%

1.60%

U.S. state income taxes

0.60%

21.50%

0.30%

stock-based compensation

(0.30%)

(3.30%)

0.30%

gain on bargain purchase

(1.60%)

other

^[1]

(0.70%)

(35.80%)

(5.70%)

Consolidated Effective Income Tax Rate

^[2],[3]

(11.00%)

(888.00%)

70.70%

[1]	“Other” for all periods presented represents miscellaneous adjustments that pertain to U.S. permanent differences such as meals and entertainment and income tax provision to return adjustments.
[2]	During fiscal 2023, we incurred a significantly higher consolidated pre-tax loss totaling $(28.4) million, compared with a much lower consolidated pre-tax loss totaling $(325,000) during fiscal 2022 and pre-tax income totaling $10.9 million during fiscal 2021. As a result, the principal differences between income tax expense at the U.S. federal income tax rate and the effective income tax rate reflected in the consolidated financial statements were more pronounced for fiscal 2022 and 2021, compared with fiscal 2023.
[3]	Our consolidated effective income tax rate during fiscal 2023 was much more negatively affected by the mix of earnings and losses between our U.S. operations and foreign subsidiaries, as compared with fiscal 2022 and 2021. During fiscal 2023, we incurred a significantly higher pre-tax loss from our U.S. operations totaling $(33.5) million, compared with $(7.6) million and $(4.7) million for fiscal 2022 and 2021, respectively. As a result, a significantly higher income tax benefit was not recognized due to a full valuation allowance being applied against our U.S. net deferred income tax assets during fiscal 2023, as compared with fiscal 2022 and 2021. In addition, almost all of our taxable income for each of fiscal 2023, 2022, and 2021 was earned by our foreign operations located in China and Canada, which have higher income tax rates than the U.S.

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- Definition

Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to foreign exchange gain or loss.

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Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to Global Intangible Low Taxed Income Tax (GILTI).

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Effective income tax rate reconciliation withholding taxes associated with foreign jurisdictions.

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Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

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Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets.

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Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile.

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