Restructuring Activities (Tables)

12 Months Ended

Apr. 28, 2024

Restructuring and Related Activities [Abstract]

Summary of Restructuring Expense and Restructuring Related Charges

The following summarizes our restructuring expense and restructuring related charges noted above for the twelve months ending April 28, 2024, and April 30, 2023:

(dollars in thousands)		2024		2023
Employee termination benefits	$	307	$	507
Lease termination costs		—		481
Impairment loss - leasehold improvements and equipment		329		357
Loss on disposal and markdowns of inventory		40		98
Other associated costs		—		51
Restructuring expense and restructuring related charges (1)(2)	$	676	$	1,494

(1) Of the total $676,000, $636,000 and $40,000 were recorded within restructuring expense and cost of sales, respectively, in the Consolidated Statement of Net Loss for the twelve-month period ending April 28, 2024.

(2) Of the total $1.5 million, $1.4 million and $98,000 were recorded within restructuring expense and cost of sales, respectively, in the Consolidated Statement of Net Loss for the twelve-month period ending April 30, 2023.

Summary of Activity in Accrued Restructuring

The following summarizes the activity in accrued restructuring for fiscal 2024:

	Employee			Lease		Other
	Termination			Termination		Associated
(dollars in thousands)	Benefits			Costs		Costs		Total
Beginning of year balance	$	—		$	—	$	—	$	—
Accrual established in fiscal 2024		307			—		—		307
Expenses incurred		—			—		—		—
Payments		(304	)		—		—		(304	)
End of year balance (1)	$	3		$	—	$	—	$	3

(1) Accrued restructuring of $3,000 was reported within accrued expenses in the Consolidated Balance Sheets for the period ending April 28, 2024.

The following summarizes the activity in accrued restructuring for fiscal 2023:

	Employee			Lease			Other
	Termination			Termination			Associated
(dollars in thousands)	Benefits			Costs			Costs			Total
Beginning of year balance	$	—		$	—		$	—		$	—
Accrual established in fiscal 2023		507			47			—			554
Expenses incurred		—			—			51			51
Payments		(507	)		(47	)		(51	)		(605	)
End of year balance	$	—		$	—		$	—		$	—