Note 12 - Commitments and Contingencies |
12 Months Ended |
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May 02, 2020 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] |
12. COMMITMENTS AND CONTINGENCIES
The Company enters into various agreements with suppliers for the purchase of raw materials, the terms of which may include variable or fixed pricing and minimum purchase quantities. As of May 2, 2020 the Company had purchase commitments for raw materials of million through 2023.
As of May 2, 2020, the Company had purchase commitments for plant and equipment of $5.1 million anticipated to be completed in the 2021 fiscal year.
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