Intangible Assets (Tables)

3 Months Ended

Jul. 31, 2022

Summary of Intangible Assets

A summary of intangible assets follows: 

(dollars in thousands)	July 31, 2022		August 1, 2021		May 1, 2022
Tradename	$	540	$	540	$	540
Customer relationships, net		1,561		1,862		1,636
Non-compete agreement, net		433		508		452
	$	2,534	$	2,910	$	2,628

Customer Relationships [Member]

Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our customer relationships follows:

	Three months ended
(dollars in thousands)	July 31, 2022			August 1, 2021
Beginning balance	$	1,636		$	1,937
Amortization expense		(75	)		(75	)
Ending balance	$	1,561		$	1,862

Non-Compete Agreement [Member]

Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our non-compete agreement follows:

	Three months ended
(dollars in thousands)	July 31, 2022			August 1, 2021
Beginning balance	$	452		$	527
Amortization expense		(19	)		(19	)
Ending balance	$	433		$	508