Fair Value Measurements (Tables)

12 Months Ended

May 03, 2025

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, or measured at amortized cost which approximates fair value, as of May 3, 2025 and April 27, 2024 (in thousands).

	May 3, 2025
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	148,036	$	—	$	—	$	148,036
Certificates of deposit	—		$	65,137	—		$	65,137
Short-term investments:
Certificates of deposit	—		195,010		—		195,010
Total cash equivalents and short-term investments	$	148,036	$	260,147	$	—	$	408,183

	April 27, 2024
	Level 1		Level 2		Level 3		Total
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