XML 54 R40.htm IDEA: XBRL DOCUMENT

Leases (Tables)

6 Months Ended

Oct. 29, 2023

Assets and Liabilities, Lessee [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 October 29, 2023, October 30, 2022, and April 30, 2023, are as follows:



(dollars in thousands)		October 29, 2023				October 30, 2022				April 30, 2023
Right of use assets		$	6,874			$	11,609			$	8,191
Operating lease liability - current			2,540				2,655				2,640
Operating lease liability – noncurrent			2,431				4,194				3,612

Supplemental Cash Flow Information

Supplemental Cash Flow Information


		Six Months Ended				Six Months Ended
(dollars in thousands)		October 29, 2023				October 30, 2022
Operating lease liability payments		$	1,330			$	1,068
Right of use assets exchanged for lease liabilities			157				—

Leases-Other Information

Other Information

Maturity of our operating lease liabilities for the remainder of fiscal 2024, the subsequent next four fiscal years, and thereafter follows:


(dollars in thousands)
2024		$	1,269
2025			1,917
2026			638
2027			342
2028			225
Thereafter			804
		$	5,195
Less: interest			(224	)
Present value of lease liabilities		$	4,971

Summary of weighted average remaining lease term and discount rate

As of October 29, 2023, the weighted average remaining lease term and discount rate for our operating leases follows:


		October 29, 2023
Weighted average lease term (in years)		3.79
Weighted average discount rate			3.46	%