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Leases
12 Months Ended
Apr. 27, 2024
Leases [Abstract]  
Leases Leases
The Company's leases include office space located in the United States and other international locations, which are all classified as operating leases. The Company’s leases have remaining lease terms generally between one year and eight years. Operating leases are included in right of use assets, accrued expenses and other current liabilities, and non-current operating lease liabilities on the Company’s consolidated balance sheets. The Company does not have any finance leases.
Lease expense and supplemental cash flow information are as follows (in thousands):
Year Ended
April 27, 2024April 29, 2023
Operating lease expenses$3,855 $3,640 
Cash paid for amounts included in the measurement of operating lease liabilities$3,495 $3,172 
Right-of-use assets obtained in exchange for lease obligation$978 $649 
The aggregate future lease payments for operating leases as of April 27, 2024 are as follows (in thousands):
Fiscal YearOperating leases
2025
$3,300 
2026
2,790 
2027
2,211 
2028
2,194 
2029
2,260 
Thereafter3,526 
Total lease payments16,281 
Less: Interest2,408 
Present value of lease liabilities$13,873 
As of April 27, 2024, the weighted average remaining lease term for the Company's operating leases was 5.89 years and the weighted average discount rate used to determine the present value of the Company's operating leases was approximately 5.96%.