Net Income Per Share (Tables)

9 Months Ended

Jan. 31, 2026

Earnings Per Share [Abstract]

Schedule of Net Income (Loss) Per Share, Basic and Diluted

Net income per share for the three and nine months ended January 31, 2026 and February 1, 2025, respectively, was determined as follows (in thousands, except per share amounts):

	Three Months Ended				Nine Months Ended
	January 31, 2026		February 1, 2025		January 31, 2026		February 1, 2025
Numerator:
Net income	$	157,142	$	29,360	$	303,177	$	15,595
Denominator:
Weighted-average shares outstanding used in basic calculation	182,222		168,167		176,490		166,562
Effect of dilutive shares
Share-based compensation awards	9,801		10,919		10,108		10,966
Customer Warrant	—		3,378		—		2,968
Weighted-average shares outstanding used in dilution calculation	192,023		182,464		186,598		180,495
Net income per share:
Basic	$	0.86	$	0.17	$	1.72	$	0.09
Diluted	$	0.82	$	0.16	$	1.62	$	0.09

Schedule of Potentially Dilutive Securities Outstanding

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 31, 2026 and February 1, 2025:

	Three Months Ended		Nine Months Ended
	January 31, 2026	February 1, 2025	January 31, 2026	February 1, 2025
Share-based compensation awards	252	175	880	242