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Net Income (Loss) Per Share
 9 Months Ended
Jan. 27, 2024
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income (Loss) Per Share
The Company reports both basic net income (loss) per share, which is based on the weighted-average number of ordinary shares outstanding during the period, and diluted net income (loss) per share, which is based on the weighted-average number of ordinary shares outstanding and potentially dilutive shares outstanding during the period. Net loss per share was determined as follows (in thousands, except per share amounts):
Three Months EndedNine Months Ended
January 27, 2024January 28, 2023January 27, 2024January 28, 2023
Numerator:
Net income (loss)
$428 $2,823 $(17,892)$(610)
Denominator:
Weighted-average shares - basic
157,155 146,908 152,063 146,000 
Effect of dilutive shares
Share-based compensation awards
9,827 9,598 — — 
Customer Warrant
179 13 — — 
Weighted-average shares - diluted
167,160 156,519 152,063 146,000 
Net income (loss) per share:
Basic
$— $0.02 $(0.12)$— 
Diluted
$— $0.02 $(0.12)$— 
Potential dilutive securities include dilutive ordinary shares from share-based awards attributable to the assumed exercise of share options, RSUs and ESPP shares using the treasury stock method. Under the treasury stock method, potential ordinary shares outstanding are not included in the computation of diluted net income per share if their effect is anti-dilutive. The following potentially dilutive securities outstanding (in thousands) have been excluded from the computations of diluted weighted-average shares outstanding for the three and nine months ended January 27, 2024 and January 28, 2023:
Three Months EndedNine Months Ended
January 27, 2024January 28, 2023January 27, 2024January 28, 2023
Share-based compensation awards3,921 5,180 13,747 14,603 
Customer Warrant
3,901 4,067 4,080 4,080 
7,822 9,247 17,827 18,683