Fair Value of Financial Instruments (Tables)

12 Months Ended

May 02, 2021

Schedule of Assets Measured at Fair Value on a Recurring Basis

The following tables present information about assets and liabilities measured at fair value on a recurring basis related to our continuing operations:

	Fair value measurements as of May 2, 2021, using:
	Quoted prices in active markets for identical assets		Significant other observable inputs	Significant unobservable inputs
(amounts in thousands)	Level 1		Level 2	Level 3	Total
Assets:
Premier Money Market Fund	$	7,879	N/A	N/A	$	7,879
Short Term Bond Mutual Funds		4,101	N/A	N/A		4,101
Short Duration Inflation Protected Mutual Fund		722	N/A	N/A		722
Mortgage Securities Mutual Fund		719	N/A	N/A		719
Growth Allocation Mutual Funds		339	N/A	N/A		339
Moderate Allocation Mutual Fund		86	N/A	N/A		86
Other		111	N/A	N/A		111

	Fair value measurements as of May 3, 2020, using:
	Quoted prices in active markets for identical assets		Significant other observable inputs	Significant unobservable inputs
(amounts in thousands)	Level 1		Level 2	Level 3	Total
Assets:
Premier Money Market Fund	$	7,496	N/A	N/A	$	7,496
Short Term Bond Mutual Funds		923	N/A	N/A		923
Growth Allocation Mutual Fund		219	N/A	N/A		219
Moderate Allocation Mutual Fund		63	N/A	N/A		63
Other		56	N/A	N/A		56

Schedule of Assets Measured at Fair Value on a Nonrecurring Basis

As of May 2, 2021, we had assets and liabilities related to our continuing operations that were required to be measured at fair value on a nonrecurring basis that pertained to the assets acquired and certain liabilities assumed in the connection with the CIH business combination effective February 1, 2021, that were acquired at fair value. See Note 2 of the consolidated financial statements for further details regarding this business combination.

	Fair value measurements as of May 2, 2021, using:
	Quoted prices in active markets for identical assets	Significant other observable inputs		Significant unobservable inputs
(amounts in thousands)	Level 1	Level 2		Level 3		Total
Assets:
Right of use assets	N/A	$	2,544	N/A		$	2,544
Equipment and leasehold improvements	N/A	N/A			846		846
Inventory	N/A	N/A			31		31

The following table presents information about assets and liabilities measured at fair value on a nonrecurring basis related to our continuing operations as of May 3, 2020:

	Fair value measurements as of May 3, 2020, using:
	Quoted prices in active markets for identical assets	Significant other observable inputs	Significant unobservable inputs
(amounts in thousands)	Level 1	Level 2	Level 3		Total
Assets:
Goodwill	N/A	N/A	$	—	$	—
Tradename	N/A	N/A		540		540

Discontinued Operations [Member]

Schedule of Assets Measured at Fair Value on a Nonrecurring Basis

As of April 28, 2019, we had assets and liabilities related to our discontinued operation that were required to be measured at fair value on a nonrecurring basis in the connection with the eLuxury business combination on June 22, 2018 (during our fiscal 2019), that were acquired at fair value. See Note 3 of the consolidated financial statements for further details regarding the acquisition of eLuxury and subsequent disposal effective March 31, 2020.

	Fair value measurements as of April 28, 2019, using:
	Quoted prices in active markets for identical assets	Significant other observable inputs	Significant unobservable inputs
(amounts in thousands)	Level 1	Level 2	Level 3		Total
Assets:
Goodwill - discontinued operation	N/A	N/A	$	13,653	$	13,653
Tradename - discontinued operation	N/A	N/A		6,549		6,549
Equipment - discontinued operation	N/A	N/A		2,179		2,179
Inventory - discontinued operation	N/A	N/A		1,804		1,804
Liabilities:
Contingent consideration affiliated with a discontinued operation	N/A	N/A		5,856		5,856