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Fair Value Measurements (Tables)
 6 Months Ended
Nov. 02, 2024
Fair Value Disclosures [Abstract]  
Summary of Fair Value Measurements, Recurring
The following tables present the fair value of the financial instruments measured on a recurring basis as of November 2, 2024 and April 27, 2024 (in thousands).
November 2, 2024
Level 1Level 2Level 3Total
Cash equivalents:
Money market funds
$223,811 $— $— $223,811 
Certificates of deposit
— 5,728 — 5,728 
Short-term investments:
Certificates of deposit
— 143,716 — 143,716 
Total cash equivalents and short-term investments$223,811 $149,444 $— $373,255 
April 27, 2024
Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$57,175 $— $— $57,175 
Short-term investments:
Certificates of deposit
— 343,061 — 343,061 
Total cash equivalents and short-term investments$57,175 $343,061 $— $400,236