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Allowance for Doubtful Accounts
9 Months Ended
Jan. 26, 2025
Receivables [Abstract]  
Allowance for Doubtful Accounts

3. Allowance for Doubtful Accounts

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

 

 

 

Nine months ended

 

(dollars in thousands)

 

January 26, 2025

 

 

January 28, 2024

 

Beginning balance

 

$

356

 

 

$

342

 

Provision for bad debts

 

 

150

 

 

 

349

 

Write-offs, net of recoveries

 

 

1

 

 

 

(30

)

Ending balance

 

$

507

 

 

$

661

 

 

 

 

 

 

 

 

 

During the nine-month periods ended January 26, 2025, and January 28, 2024, 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 $507,000 and $661,000 as of January 26, 2025, and January 28, 2024, respectively.