Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 02, 2025	May 03, 2025
Current assets:
Cash and cash equivalents	$ 219,636	$ 236,328
Short-term investments	260,010	195,010
Accounts receivable	181,203	162,144
Inventories	116,677	90,029
Other current assets	26,083	30,023
Total current assets	803,609	713,534
Property and equipment, net	69,444	63,631
Right-of-use assets	14,816	15,234
Other non-current assets	17,306	16,858
Total assets	905,175	809,257
Current liabilities:
Accounts payable	54,896	56,158
Accrued compensation and benefits	13,175	16,097
Other current liabilities	40,316	35,456
Total current liabilities	108,387	107,711
Non-current operating lease liabilities	12,345	12,693
Other non-current liabilities	3,062	7,271
Total liabilities	123,794	127,675
Commitments and contingencies (Note 7)
Shareholders' equity:
Ordinary shares, $0.00005 par value; 1,000,000 shares authorized; 172,895 and 171,169 shares issued and outstanding at August 2, 2025 and May 3, 2025, respectively	9	8
Additional paid in capital	801,563	765,173
Accumulated other comprehensive loss	(428)	(437)
Accumulated deficit	(19,763)	(83,162)
Total shareholders' equity	781,381	681,582
Total liabilities and shareholders' equity	$ 905,175	$ 809,257