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Accounts Receivable | 12 Months Ended
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Apr. 28, 2024
Receivables [Abstract] |
Accounts Receivable | 2. ACCOUNTS RECEIVABLE A summary of accounts receivable follows:
|  | April 28, |  |  | April 30, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
customers |  | $ | 21,660 |  |  | $ | 25,244 |
allowance for doubtful accounts |  |  | (356 | ) |  |  | (342 | )
allowance for cash discounts |  |  | (113 | ) |  |  | (96 | )
reserve for returns and allowances and discounts |  |  | (53 | ) |  |  | (28 | )
|  | $ | 21,138 |  |  | $ | 24,778 |
A summary of the activity in the allowance for doubtful accounts follows:
(dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
beginning balance |  | $ | (342 | ) |  | $ | (292 | ) |  | $ | (591 | )
provision for bad debts |  |  | (276 | ) |  |  | (121 | ) |  |  | 74 |
write-offs, net of recoveries |  |  | 262 |  |  |  | 71 |  |  |  | 225 |
ending balance |  | $ | (356 | ) |  | $ | (342 | ) |  | $ | (292 | )
As of April 28, 2024, and April 30, 2023, we assessed the credit risk of our customers within our accounts receivable portfolio. Our risk assessment includes the respective customer’s (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 $356,000 and $342,000 as of April 28, 2024, and April 30, 2023, respectively. A summary of the activity in the allowance for returns and allowances and discounts follows:
(dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
beginning balance |  | $ | (124 | ) |  | $ | (95 | ) |  | $ | (138 | )
provision for returns and allowances and discounts |  |  | (1,173 | ) |  |  | (1,212 | ) |  |  | (1,386 | )
credits issued and discounts taken |  |  | 1,131 |  |  |  | 1,183 |  |  |  | 1,429 |
ending balance |  | $ | (166 | ) |  | $ | (124 | ) |  | $ | (95 | )

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- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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- References No definition available. + Details
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