Leases (Tables)

6 Months Ended

Oct. 30, 2022

Assets And Liabilities Lessee [Abstract]

Summary of right of use assets and lease liabilities

The right of use assets and lease liabilities associated with our operating leases as of October 30, 2022, October 31, 2021, and May 1, 2022, are as follows:

(dollars in thousands)	October 30, 2022		October 31, 2021		May 1, 2022
Right of use assets	$	11,609	$	13,649	$	15,577
Operating lease liability - current		2,655		2,878		3,219
Operating lease liability – noncurrent		4,194		7,914		7,062

Supplemental Cash Flow Information

Supplemental Cash Flow Information

	Six Months Ended		Six Months Ended
(dollars in thousands)	October 30, 2022		October 31, 2021
Operating lease liability payments	$	1,068	$	1,436
Right of use assets exchanged for lease liabilities		—		2,614

Leases-Other Information

Other Information

Maturity of our operating lease liabilities for the remainder of fiscal 2023, the subsequent next four fiscal years, and thereafter follows:

(dollars in thousands)
2023	$	1,377
2024		2,575
2025		1,578
2026		334
2027		298
Thereafter		1,028
	$	7,190
Less: interest		(341	)
Present value of lease liabilities	$	6,849

Summary of weighted average remaining lease term and discount rate

As of October 30, 2022, the weighted average remaining lease term and discount rate for our operating leases follows:

	October 30, 2022
Weighted average lease term	4.0 years
Weighted average discount rate		3.39	%