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Acquisitions (Tables)
12 Months Ended
Apr. 30, 2022
Business Combinations [Abstract]  
Summary of Estimated Preliminary Allocation of Purchase Price

The following table summarizes the estimated preliminary allocation of the purchase price for the Grilla Grills acquisition (in thousands):

 

 

 

Grilla Grills Acquisition

 

Inventories

 

$

5,956

 

Property, plant, and equipment

 

 

105

 

Intangibles

 

 

18,495

 

Goodwill

 

 

3,534

 

Total assets acquired

 

 

28,090

 

Accounts payable

 

 

894

 

Accrued expenses

 

 

46

 

Accrued warranty

 

150

 

Total liabilities assumed

 

 

1,090

 

 

 

$

27,000

 

Schedule of Unaudited Pro Forma Results of Operations Assumed

Additionally, the following table reflects the unaudited pro forma results of operations assuming that the Grilla Grills acquisition had occurred on May 1, 2020 (in thousands, except per share data):

 

 

 

For the Year

 

 

For the Year

 

 

 

Ended

 

 

Ended

 

 

 

April 30, 2022

 

 

April 30, 2021

 

Net sales

 

$

259,647

 

 

$

290,267

 

Income from operations

 

 

10,050

 

 

 

23,959

 

Net income per share - diluted

 

 

0.58

 

 

 

1.33