XML 95 R75.htm IDEA: XBRL DOCUMENT v3.24.2
Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($)
Apr. 28, 2024
Apr. 30, 2023
May 01, 2022
May 02, 2021
deferred tax assets:        
accounts receivable $ 195,000 $ 297,000    
inventories 1,972,000 3,277,000    
compensation 2,152,000 2,676,000    
liabilities and other 8,000 5,000    
intangible assets and goodwill 349,000 395,000    
property, plant, and equipment (1) [1] 171,000 179,000    
operating lease liability 693,000 781,000    
foreign income tax credits - U.S. 783,000 783,000    
loss carryforwards – U.S. 18,344,000 13,564,000    
valuation allowance - U.S. (22,004,000) (18,675,000) $ (11,857,000) $ (11,674,000)
total deferred tax assets 2,663,000 3,282,000    
deferred tax liabilities:        
undistributed earnings on foreign subsidiaries (4,840,000) (4,213,000)    
property, plant and equipment (2) [2] (2,694,000) (3,450,000)    
right of use assets (851,000) (964,000)    
other (139,000) (129,000)    
total deferred tax liabilities (8,524,000) (8,756,000)    
Net deferred liabilities $ (5,861,000) $ (5,474,000)    
[1] Pertains to the company’s operations located in China.
[2] Pertains to the company’s operations located in the U.S. and Canada.