XML 24 R10.htm IDEA: XBRL DOCUMENT

Allowance for Doubtful Accounts

6 Months Ended

Oct. 29, 2023

3. Allowance for Doubtful Accounts

A summary of the activity in the allowance for doubtful accounts follows:


	Six Months Ended
(dollars in thousands)	October 29, 2023			October 30, 2022
Beginning balance	$	342		$	292
Provision for bad debts		228			49
Write-offs, net of recoveries		(29	)		(53	)
Ending balance	$	541		$	288

During the six-month periods ended October 29, 2023, and October 30, 2022, we assessed the credit risk of our customers within our accounts receivable portfolio. Our risk assessment includes the respective customers’ (i) financial position; (ii) past payment history; (iii) management’s general ability; and (iv) historical loss experience; as well as (v) any other ongoing economic conditions. After our risk assessment was completed, we assigned credit grades to our customers, which in turn, were used to determine our allowance for doubtful accounts totaling $541,000 and $288,000 as of October 29, 2023, and October 30, 2022, respectively.