v3.24.2.u1
Leases (Tables)
3 Months Ended
Jul. 27, 2024
Leases  
Schedule of components of lease costs

The components of lease costs recorded in cost of sales and selling, general and administrative (“SG&A”) expense were as follows (in thousands):

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Three Months Ended

​

​

July 27,

​

July 29,

​

    

2024

​

2023

Operating lease cost

​

$

2,430

​

$

2,184

Short term lease cost

​

​

155

​

​

385

Variable lease cost

​

​

423

​

​

513

Sublease income

​

​

—

​

​

—

Total lease costs, net

​

$

3,008

​

$

3,082

Schedule of supplemental lease information

Supplemental lease information was as follows:

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Three Months Ended

​

​

July 27,

​

July 29,

​

    

2024

​

2023

​

​

(In thousands)

​

(In thousands)

Cash paid for amounts included in the measurement of operating lease liabilities

​

$

2,550

​

$

2,241

Right-of-use assets obtained in exchange for new lease liabilities

​

$

239

​

$

247

​

​

​

​

​

​

​

Weighted average remaining lease term

​

​

49 months

​

​

51 months

Weighted average discount rate

​

​

5.4%

​

​

4.3%

​

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities as of July 27, 2024 were as follows (in thousands):

​

​

​

​

​

2025

​

$

8,213

2026

​

 

8,335

2027

​

 

7,649

2028

​

 

5,621

2029

​

 

4,503

Thereafter

​

​

1,628

Total lease payments

​

​

35,949

Less: imputed interest

​

​

(5,435)

Total present value of operating lease liabilities

​

$

30,514

​