XML 33 R19.htm IDEA: XBRL DOCUMENT v3.23.3
Net Loss Per Share
6 Months Ended
Oct. 29, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share

12. Net Loss Per Share

Basic net loss per share is computed using the weighted-average number of shares outstanding during the period. Diluted net loss per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method.

Weighted average shares used in the computation of basic and diluted net loss per share were 12,456,000 and 12,280,000 for the three months ending October 29, 2023, and October 30, 2022, respectively.

 

Shares of unvested common stock that were not included in the computation of diluted net loss per share consist of the following:

 

 

 

Three months ended

 

(in thousands)

 

October 29, 2023

 

 

October 30, 2022

 

antidilutive effect from decrease in the price per share of our common stock

 

 

11

 

 

 

42

 

antidilutive effect from net loss incurred during the fiscal year

 

 

136

 

 

 

35

 

total unvested shares of common stock not included in
     computation of diluted net loss per share

 

 

147

 

 

 

77

 

Weighted average shares used in the computation of basic and diluted net loss per share were 12,394,000 and 12,259,000 for the six months ending October 29, 2023, and October 30, 2022, respectively.

 

Shares of unvested common stock that were not included in the computation of diluted net loss per share consist of the following: