Discontinued Operations (Tables)

6 Months Ended

Oct. 27, 2018

Discontinued Operations and Disposal Groups [Abstract]

Schedule of statements of operations data for the EES Business

The table below presents the statements of operations data for the EES Business (in thousands).

	Three Months Ended				Six Months Ended
	October 27, 2018		October 28, 2017		October 27, 2018		October 28, 2017
Net sales	$	—	$	9,965	$	4,256	$	17,575
Cost of sales		748		8,293		5,026		14,803
Gross margin		(748)		1,672		(770)		2,772
Selling, general and administrative		50		1,696		1,503		3,740
Research and development		(25)		429		1,040		1,348
Other income, net		—		—		1		—
Loss from discontinued operations before income taxes		(773)		(453)		(3,312)		(2,316)
Benefit for income taxes		(174)		(420)		(863)		(795)
Net loss from discontinued operations	$	(599)	$	(33)	$	(2,449)	$	(1,521)
(Loss) gain on sale of business, net of tax (benefit) expense of $(114) and $2,463 for the three and six months ended October 27, 2018, respectively		(391)		—		8,452		—
Net income (loss) from discontinued operations	$	(990)	$	(33)	$	6,003	$	(1,521)

Major classes of assets and liabilities

The major classes of assets and liabilities included in discontinued operations related to the EES Business are presented in the table below (in thousands).

	April 30,
	2018
Carrying amount of assets classified as discontinued operations
Current assets:
Accounts receivable, net of allowance for doubtful accounts of $139 at April 30, 2018	$	6,889
Inventories, net		15,494
Prepaid expenses and other current assets		185
Property and equipment, net		3,100
Total current assets classified as discontinued operations		25,668
Total assets classified as discontinued operations	$	25,668
Carrying amount of liabilities classified as discontinued operations
Current liabilities:
Accounts payable	$	5,121
Wages and related accruals		1,946
Customer advances		1,028
Other current liabilities		1,199
Total current liabilities		9,294
Total liabilities classified as discontinued operations	$	9,294