Warranty Reserves

9 Months Ended

Jan. 31, 2026

Warranty Reserves

Warranty Reserves

6. Warranty Reserves

The Company accrues an estimate of its exposure to warranty claims based upon both current and historical product sales data and warranty costs incurred. The warranty reserve is included in other current liabilities on the unaudited condensed consolidated balance sheet. The related expense is included in cost of sales. Warranty reserve activity is summarized as follows for the three and nine months ended January 31, 2026 and January 25, 2025, respectively (in thousands):

	Three Months Ended				Nine Months Ended
	January 31,			January 25,	January 31,		January 25,
	2026		2025		2026		2025
Beginning balance	$	6,610	$	3,642	$	4,189	$	5,538
Balance acquired from acquisition		—		—		2,274		—
Warranty expense		1,961		(230)		3,959		(1,070)
Change in estimate		(1,655)		—		(1,655)		—
Warranty costs settled		(1,439)		(625)		(3,290)		(1,681)
Ending balance	$	5,477	$	2,787	$	5,477	$	2,787