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Stock-Based Compensation (Tables) | 3 Months Ended
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Jul. 28, 2024
Executive officers and key employees [Member] |
Summary of Grants of Performance Based Restricted Stock Units | The following table summarizes information related to our grants of performance-based restricted stock units associated with senior executives and key employees that were unvested as of July 28, 2024:
|  | (2) |  |  | (3) |  |  |  |  |  |  |
|  | Performance-Based |  |  | Restricted Stock |  |  |  |  |  |  |
|  | Restricted Stock |  |  | Units Expected |  |  |  |  |  |  |
Date of Grant |  | Units Awarded |  |  | to Vest |  |  | Price Per Share |  |  |  | Vesting Period
January 8, 2024 (1) |  |  | 24,597 |  |  |  | 9,190 |  |  | $ | 6.23 |  | (4) |  | 31 months
September 28, 2023 (1) |  |  | 202,900 |  |  |  | — |  |  | $ | 6.43 |  | (5) |  | 34 months
August 10, 2022 (1) |  |  | 146,048 |  |  |  | — |  |  | $ | 5.77 |  | (6) |  | 3 years
(1) Performance-based restricted stock units awarded to senior executives. (2) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (3) Compensation cost is based on an assessment each reporting period to determine the probability of whether or not certain performance goals will be met and how many shares are expected to be earned as of the end of the vesting period. These amounts represent the number of shares that were expected to vest as of July 28, 2024. (4) Price per share represents the fair market value per share ($1.11 per $1, or an increase of $0.62 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($5.61) for the performance-based component of the performance-based restricted stock units granted to a senior executive on January 8, 2024. (5) Price per share represents the fair market value per share ($1.15 per $1, or an increase of $0.84 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($5.59) for the performance-based component of the performance-based restricted stock units granted to senior executives on September 28, 2023. (6) Price per share represents the fair market value per share ($1.14 per $1, or an increase of $0.71 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($5.59) for the performance-based component of the performance-based restricted stock units granted to senior executives on August 10, 2022.
Senior Executives and Management [Member] | Time-Based Restricted Stock Units [Member] |
Summary of Grants of Time-Based Restricted Stock Unit Awards | The following table summarizes information related to our grants of time-based restricted stock unit awards associated with senior executives and key employees that were unvested as of July 28, 2024:
|  | Time-Based |  |  |  |  |  |  |
|  | Restricted Stock |  |  | (1) |  |  |  |
Date of Grant |  | Units Awarded |  |  | Price Per Share |  | Vesting Period
January 8, 2024 (2) |  |  | 14,758 |  |  | $ | 5.61 |  |  |  | 31 months
September 28, 2023 (2) |  |  | 100,068 |  |  | $ | 5.59 |  |  |  | 34 months
September 28, 2023 (3) |  |  | 59,928 |  |  | $ | 5.59 |  |  |  | 1 year
September 6, 2022 (2) |  |  | 25,114 |  |  | $ | 4.58 |  |  |  | 2 to 3 years
August 10, 2022 (2) |  |  | 64,753 |  |  | $ | 5.06 |  |  |  | 3 years
(1) Price per share represents closing price of common stock on the date the respective award was granted. (2) Time-based restricted stock units awarded to senior executives and key employees. (3) Time-based restricted stock units award to outside directors.

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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