Note 2 - Property, Plant and Equipment, Net

12 Months Ended

May 03, 2025

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

2. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net at May 3, 2025 and April 27, 2024 consisted of the following:

	(In thousands)
	2025			2024
Land	$	9,835		$	9,835
Buildings and improvements		81,764			71,754
Machinery and equipment		328,172			314,079
Total		419,771			395,668
Less: accumulated depreciation		(244,185	)		(235,938	)
Property, plant and equipment, net	$	175,586		$	159,730

Machinery and equipment included construction-in-progress in the amounts of $37.7 million and $32.5 million as of May 3, 2025 and April 27, 2024, respectively. Depreciation expense was $20.3 million, $18.9 million and $17.7 million for Fiscal 2025, Fiscal 2024 and Fiscal 2023, respectively. Depreciation expense is recorded in cost of sales and selling, general and administrative expenses.