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Fair Value Measurements (Tables)
9 Months Ended
Jan. 27, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements, Recurring
The following tables present the fair value of the financial instruments measured on a recurring basis as of January 27, 2024 and April 29, 2023 (in thousands).
January 27, 2024
Level 1Level 2Level 3Total
Cash equivalents:
Money market funds
$87,966 $— $— $87,966 
Short-term investments:
Certificates of deposit
— 313,061 — 313,061 
Total cash equivalents and short-term investments$87,966 $313,061 $— $401,027 
April 29, 2023
Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$99,119 $— $— $99,119 
Short-term investments:
Certificates of deposit
— 109,228 — 109,228 
Total cash equivalents and short-term investments$99,119 $109,228 $— $208,347