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Intangible Assets (Tables)
9 Months Ended
Jan. 26, 2025
Summary of Intangible Assets

A summary of intangible assets follows:

 

(dollars in thousands)

 

January 26,
 2025

 

 

January 28,
 2024

 

 

April 28,
 2024

 

Tradename

 

$

540

 

 

$

540

 

 

$

540

 

Customer relationships, net

 

 

809

 

 

 

1,110

 

 

 

1,035

 

Non-compete agreement, net

 

 

245

 

 

 

320

 

 

 

301

 

 

 

$

1,594

 

 

$

1,970

 

 

$

1,876

 

Customer Relationships [Member]  
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our customer relationships follows:

 

 

 

Nine months ended

 

(dollars in thousands)

 

January 26, 2025

 

 

January 28, 2024

 

Beginning balance

 

$

1,035

 

 

$

1,335

 

Amortization expense

 

 

(226

)

 

 

(225

)

Ending balance

 

$

809

 

 

$

1,110

 

Non-Compete Agreement [Member]  
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our non-compete agreement follows:

 

 

 

Nine months ended

 

(dollars in thousands)

 

January 26, 2025

 

 

January 28, 2024

 

Beginning balance

 

$

301

 

 

$

377

 

Amortization expense

 

 

(56

)

 

 

(57

)

Ending balance

 

$

245

 

 

$

320