Business Combination (Tables)

12 Months Ended

May 03, 2020

Schedule of Unaudited Pro Forma Consolidated Results of Operations

The following unaudited pro forma consolidated results of operations for the fiscal years ending May 3, 2020, April 28, 2019, and April 29, 2018, have been prepared as if this acquisition had occurred on May 1, 2017.

(dollars in thousands, except per share data)	May 3, 2020			April 28, 2019			April 29, 2018
Net Sales	$	256,166		$	281,325		$	334,953
(Loss) income from continuing operations		(7,568	)		13,351			26,799
Net (loss) income from continuing operations		(11,158	)		6,071			20,455
Net loss from discontinued operation		(17,509	)		(613	)		—
Net (loss) income	$	(28,667	)	$	5,458			20,455
net (loss) income from continuing operations per share-basic	$	(0.90	)	$	0.49		$	1.65
net (loss) income from continuing operations per share-diluted	$	(0.90	)	$	0.48		$	1.62
net loss from discontinued operation per share-basic	$	(1.41	)	$	(0.05	)	$	—
net loss from discontinued operation per share-diluted	$	(1.41	)	$	(0.05	)	$	—
Net (loss) income per share - basic	$	(2.32	)	$	0.44		$	1.65
Net (loss) income per share - diluted	$	(2.32	)	$	0.43		$	1.62

Read Window Products, LLC [Member]

Schedule of Allocation of Acquisition Cost to Assets Acquired and Liabilities Assumed

The following table presents the final allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values.

(dollars in thousands)	Fair Value
Customer relationships	$	2,247
Goodwill		2,107
Inventory		1,128
Accounts receivable		897
Tradename		683
Property, plant & equipment		379
Other assets		35
Deferred revenue		(903	)
Accounts payable		(719	)
Accrued expenses		(174	)
	$	5,680