v3.26.1
Income Taxes (Tables)
 12 Months Ended
May 02, 2026
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
The components of income (loss) before taxes are as follows:

52 weeks ended53 weeks ended
May 2, 2026May 3, 2025
Domestic$20,030 $(62,469)
International642 900 
Total income (loss) before taxes$20,672 $(61,569)
Schedule of Income Tax Benefits
The components of Income tax expense are as follows:
52 weeks ended53 weeks ended
May 2, 2026May 3, 2025
Current:
Federal $3,224 $3,484 
State1,305 1,329 
International406 272 
Total Current4,935 5,085 
Deferred:
Federal (1,135)(829)
State— — 
International— — 
Total Deferred(1,135)(829)
Total
$3,800 $4,256 
Schedule of Effective Income Tax Rate Reconciliation
Reconciliation between the effective income tax rate and the federal statutory income tax rate is as follows:
52 weeks ended53 weeks ended
May 2, 2026May 3, 2025
%$ Amount%$ Amount
US Federal Statutory Tax Rate21.0 %$4,341 21.0 %$(12,930)
State and Local Income Taxes, Net of Federal Income Tax Effect (1)
5.8 %$1,193 (1.7)%$1,044 
Foreign Tax Effects
India
India - Withholding Tax0.4 $76 — $28 
India - Other0.9 $196 (0.1)$55 
Tax Credits
WOTC(1.4)$(283)0.6 $(341)
Other(0.1)$(16)— $(16)
Changes in Valuation Allowances(6.8)$(1,403)(6.7)$4,138 
Nontaxable or Nondeductible Items
Book Loss on Debt to Equity Conversion— $— (18.9)$11,599 
Other0.3 $62 (1.0)$640 
Changes in Unrecognized Tax Benefits— $— — $— 
Other Adjustments
Return to Provision (1.4)$(282)0.1 $(36)
Other(0.4)$(84)(0.2)$75 
Effective Tax Rate18.3 %$3,800 (6.9)%$4,256 
(1) State taxes in California, Florida, Pennsylvania and Texas make up the majority (greater than 50%) of the tax effect in this category.
Schedule of Income Taxes Paid, Net of Refunds Received
Income Taxes Paid, Net of Refunds Received
52 weeks ended53 weeks ended
May 02, 2026May 03, 2025
Jurisdiction
U.S. Federal$5,870 $988 
State and Local1,772913
Foreign275229
Total income taxes paid, net of refunds received$7,917 $2,130 
Schedule of Deferred Tax Assets and Liabilities
The significant components of our deferred taxes consisted of the following:
As of
May 2, 2026May 3, 2025
Deferred tax assets:
Estimated accrued liabilities$4,258 $7,061 
Inventory17,194 18,964 
Stock-based compensation2,592 1,809 
Operating lease liabilities34,832 43,582 
Tax credits1,241 1,072 
Goodwill5,365 6,395 
Divestitures & Capital Losses2,649 2,796 
Net operating losses60,273 65,404 
Interest carryforwards10,901 14,889 
Property and equipment993 2,514 
Other1,074 1,398 
Gross deferred tax assets141,372 165,884 
Valuation allowance(83,121)(84,566)
Net deferred tax assets58,251 81,318 
Deferred tax liabilities:
Intangible asset amortization(11,557)(16,304)
Operating lease right-of-use assets(36,819)(46,955)
Deferred financing costs(1,524)(2,250)
LIFO inventory valuation(8,351)(16,944)
Gross deferred tax liabilities(58,251)(82,453)
Net deferred tax liability$— $(1,135)