v3.26.1
Income Taxes - Schedule of Reconciliation of U.S. Federal Statutory Income Tax Rate to Company's Effective Income Tax Rate (Detail) - USD ($)
$ in Thousands
12 Months Ended
May 03, 2026
Apr. 27, 2025
Apr. 28, 2024
Amounts      
U.S. federal statutory income tax rate $ (1,740) $ (3,929) $ (2,262)
Worldwide changes in unrecognized income tax benefits 193 (468) 78
Total income tax expense (benefit) [1],[2] $ 1,926 $ 392 $ 3,049
Rate      
U.S. federal statutory income tax rate 21.00% 21.00% 21.00%
Worldwide changes in unrecognized income tax benefits (2.30%) 2.50% (0.70%)
Effective income tax rate [1],[2] (23.20%) (2.10%) (28.30%)
Domestic Federal [Member]      
Amounts      
Change in valuation allowance $ 2,356 $ 3,990 $ 3,157
Stock-Based compensation 25 59 190
Nontaxable and nondeductible items 127 (2) 102
Global intangible low-taxed income (GILTI) 340 0 0
Deemed intercompany charge 261 0 0
Other $ 62 $ 0 $ 0
Rate      
Change in valuation allowance (28.40%) (21.30%) (29.30%)
Stock-Based compensation (0.30%) (0.30%) (1.80%)
Nontaxable and nondeductible items (1.50%) (0.10%) (0.90%)
Global intangible low-taxed income (GILTI) (4.10%) 0.00% 0.00%
Deemed intercompany charge (3.20%) 0.00% 0.00%
Other (0.70%) 0.00% 0.00%
Domestic State [Member]      
Amounts      
Change in valuation allowance [3] $ 21 $ 309 $ 172
Statutory income tax rate differential [3] $ (16) $ (305) $ (172)
Rate      
Change in valuation allowance [3] (0.30%) (1.70%) (1.60%)
Statutory income tax rate differential [3] 0.20% 1.60% 1.60%
China [Member]      
Amounts      
Income tax effects of local currency foreign exchanges (losses) gains $ (540) $ 97 $ 386
Statutory income tax rate differential 134 223 246
Withholding taxes 114 477 711
Other $ (1) $ 0 $ (5)
Rate      
Income tax effects of local currency foreign exchanges (losses) gains 6.50% (0.50%) (3.60%)
Statutory income tax rate differential (1.60%) (1.20%) (2.30%)
Withholding taxes (1.40%) (2.50%) (6.60%)
Other 0.00% 0.00% 0.10%
Canada [Member]      
Amounts      
Statutory income tax rate differential $ 250 $ (280) $ 50
Withholding taxes 167 (152) (10)
Other $ 5 $ 46 $ 1
Rate      
Statutory income tax rate differential (3.00%) 1.50% (0.50%)
Withholding taxes (2.00%) 0.80% 0.10%
Other (0.10%) (0.20%) 0.00%
Haiti [Member]      
Amounts      
Statutory income tax rate differential $ 169 $ 326 $ 405
Rate      
Statutory income tax rate differential (2.00%) (1.70%) (3.80%)
Other Foreign [Member]      
Amounts      
Other $ (1) $ 1 $ 0
Rate      
Other 0.00% 0.00% 0.00%
[1] Our negative consolidated effective income tax rates during fiscal 2026, 2025, and 2024, were caused by the mix of earnings between our U.S. operations and foreign subsidiaries, as our taxable income stemmed from: (i) our operations located in China and from the gain on sale of Property located in Canada during fiscal 2026; (ii) our operations located in China that were partially offset by a pre-tax loss incurred in Canada due to our restructuring activities during fiscal 2025; and (iii) our operations located in both China and Canada during fiscal 2024, which such jurisdictions have higher income tax rates than the U.S. In addition, we applied a full valuation allowance against our U.S. deferred income tax assets during fiscal 2026, 2025, and 2024, respectively. Consequently, an income tax benefit was not recognized for the pre-tax losses associated with our U.S. operations totaling $(15.1) million, $(18.4) million, and $(18.6) million that were incurred during fiscal 2026, 2025, and 2024, respectively.
[2] Our negative consolidated effective income tax rates during fiscal 2026, 2025, and 2024 were further caused by pre-tax losses associated with our Haitian operations, which are not subject to income tax. Our Haitian operations are located in an economic zone that permits a 0% income tax rate for the first fifteen years of operations, for which we have six years remaining. As a result of the 0% income tax rate, an income tax benefit was not recognized for the pre-tax losses associated with our Haitian operations totaling $(804,000), $(1.6) million, and $(2.1) million that were incurred during fiscal 2026, 2025, and 2024, respectively.
[3] During fiscal 2026, state taxes in Tennessee, Kentucky, and South Carolina make up the majority (greater than 50%) of the tax effect in this category. During fiscal 2025, state taxes in Tennessee, South Carolina, and Kentucky make up the majority (greater than 50%) of the tax effect in this category. During fiscal 2024, state taxes in Tennessee, Mississippi, Georgia, and Wisconsin make up the majority (greater than 50%) of the tax effect in this category.