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CONSOLIDATED BALANCE SHEETS - USD ($)
Oct. 29, 2023
Apr. 30, 2023
Oct. 30, 2022
Current assets:      
Cash and cash equivalents $ 15,214,000 $ 20,964,000 [1] $ 19,137,000
Short-term investments - rabbi trust 937,000 1,404,000 [1] 2,237,000
Accounts receivable, net 23,036,000 24,778,000 [1] 22,443,000
Inventories 44,465,000 45,080,000 [1] 52,224,000
Short-term note receivable 256,000 219,000 [1]  
Current income taxes receivable 340,000   510,000
Other current assets 4,346,000 3,071,000 [1] 3,462,000
Total current assets 88,594,000 95,516,000 [1] 100,013,000
Property, plant and equipment, net 34,664,000 36,111,000 [1] 38,832,000
Right of use assets 6,874,000 8,191,000 [1] 11,609,000
Intangible assets 2,064,000 2,252,000 [1] 2,440,000
Long-term investments - rabbi trust 6,995,000 7,067,000 [1] 7,526,000
Long-term note receivable 1,596,000 1,726,000 [1]  
Deferred income taxes 472,000 480,000 [1] 493,000
Other assets 901,000 840,000 [1] 717,000
Total assets 142,160,000 152,183,000 [1] 161,630,000
Current liabilities:      
Accounts payable - trade 27,903,000 29,442,000 [1] 24,298,000
Accounts payable - capital expenditures 298,000 56,000 [1] 200,000
Operating lease liability - current 2,540,000 2,640,000 [1] 2,655,000
Deferred compensation - current 937,000 1,404,000 [1] 2,237,000
Deferred revenue 853,000 1,192,000 [1] 1,527,000
Accrued expenses 8,106,000 8,533,000 [1] 7,594,000
Accrued restructuring costs     33,000
Income taxes payable - current 998,000 753,000 [1] 969,000
Total current liabilities 41,635,000 44,020,000 [1] 39,513,000
Operating lease liability - noncurrent 2,431,000 3,612,000 [1] 4,194,000
Income taxes payable - long-term 2,055,000 2,675,000 [1] 2,629,000
Deferred income taxes 5,663,000 5,954,000 [1] 5,700,000
Deferred compensation - long-term 6,748,000 6,842,000 [1] 7,486,000
Total liabilities 58,532,000 63,103,000 [1] 59,522,000
Commitments and Contingencies (Notes 10, 16, and 17)
Shareholders' equity      
Preferred stock, $0.05 par value, authorized 10,000,000
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,469,903 at October 29, 2023; 12,293,762 at October 30, 2022, and 12,327,414 at April 30, 2023 624,000 616,000 [1] 615,000
Capital contributed in excess of par value 44,581,000 44,250,000 [1] 43,671,000
Accumulated earnings 38,429,000 44,195,000 [1] 57,843,000
Accumulated other comprehensive (loss) income (6,000) 19,000 [1] (21,000)
Total shareholders' equity 83,628,000 89,080,000 [1] 102,108,000
Total liabilities and shareholders' equity $ 142,160,000 $ 152,183,000 [1] $ 161,630,000
[1] Derived from audited consolidated financial statements.