Income Taxes Income Taxes (Tables)

12 Months Ended

Apr. 27, 2024

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

For Fiscal 2024 and Fiscal 2023, we had no material revenue or expense in jurisdictions outside the United States other than India.

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax benefits for Fiscal 2024 and Fiscal 2023 are as follows:

	52 weeks ended
	April 27, 2024		April 29, 2023
Current:
Federal	$	—	$	—
State	318		301
International	417		252
Total Current	735		553
Deferred:
Federal	(552)		458
State	—		—
International	—		—
Total Deferred	(552)		458
Total US tax provision	$	183	$	1,011

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciliation between the effective income tax rate and the federal statutory income tax rate is as follows:

	52 weeks ended
	April 27, 2024		April 29, 2023
Federal statutory income tax rate (a)	21.0	%	21.0	%
State income taxes, net of federal income tax benefit	4.0		3.6
Permanent book / tax differences	(1.7)		(1.2)
Changes in valuation allowance	(23.0)		(24.6)
Other, net	(0.6)		0.1
Effective income tax rate	(0.3)	%	(1.1)	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The significant components of our deferred taxes consisted of the following:

	As of
	April 27, 2024		April 29, 2023
Deferred tax assets:
Estimated accrued liabilities	$	3,279	$	5,840
Inventory	19,402		19,426
Stock-based compensation	979		1,145
Insurance liability	—		347
Operating lease liabilities	53,628		65,471
Tax credits	1,131		886
Goodwill	7,329		8,314
Net operating losses	79,182		70,503
Interest carryforwards	14,897		7,246
Property and equipment	795		—
Other	4,052		2,456
Gross deferred tax assets	184,674		181,634
Valuation allowance	(81,174)		(56,962)
Net deferred tax assets	103,500		124,672
Deferred tax liabilities:
Intangible asset amortization	(19,757)		(23,555)
Operating lease right-of-use assets	(51,640)		(63,201)
LIFO inventory valuation	(33,392)		(33,999)
Property and equipment	—		(5,755)
Gross deferred tax liabilities	(104,789)		(126,510)
Net deferred tax liability	$	(1,289)	$	(1,838)