Commitments, Contingencies, and Guarantees	9 Months Ended
Jan. 30, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments, Contingencies, and Guarantees	16. Commitments, Contingencies, and Guarantees Litigation The company is involved in legal proceedings and claims which have arisen in the ordinary course of business. Management has determined that these actions when ultimately concluded and settled, will not have a material adverse effect upon the financial position, results of operations, or cash flows of the company. Accounts Payable – Capital Expenditures As of January 30, 2022, January 31, 2021, and May 2, 2021, we had total amounts due regarding capital expenditures totaling $33,000, $240,000, and $348,000, respectively, which pertained to outstanding vendor invoices, none of which were financed. Purchase Commitments – Capital Expenditures As of January 30, 2022, we had open purchase commitments to acquire equipment for our mattress fabrics segment totaling $812,000. Discontinued Operations Supply Agreement In connection with the sale of our entire ownership interest in eLuxury, LLC (“eLuxury”) on March 31, 2020, we entered into a supply agreement with eLuxury to preserve an additional sales channel for our core products – upholstery and mattress fabrics. The supply agreement requires eLuxury to purchase all its requirements at fair market prices for mattress and upholstery fabric products of the type we were supplying to eLuxury at the time of the sale transaction, as well as certain home accessories and soft good products, subject to our ability to provide competitive pricing and delivery terms for such products. There are no guarantees or provisions under the supply agreement that requires eLuxury to purchase a minimum amount of our products. On January 12, 2022, we entered into an agreement with eLuxury that extended this supply agreement from its original expiration date of March 31, 2022, to March 31, 2027. During the nine-month periods ending January 30, 2022, and January 31, 2021, shipments to eLuxury under the supply agreement totaled $102,000 and $59,000, respectively. Royalty Agreement Also, in connection with the sale of our entire ownership interest in eLuxury noted above, we entered into a royalty agreement with eLuxury that required eLuxury to pay us a royalty fee based on a percentage of sales, as defined in the royalty agreement. On January 12, 2022, we entered into an agreement with eLuxury that terminated this royalty agreement and required eLuxury to pay us a termination fee of $150,000. During the three-month and nine-month periods ending January 30, 2022, and January 31, 2021, royalty payments received pursuant to the royalty agreement were immaterial. Financial Guarantee As of May 2, 2021, we had an agreement that guaranteed 70% of any unpaid lease payments associated with eLuxury’s facility located in Evansville, Indiana. The lease agreement expires during September 2024 and requires monthly payments of $18,865. In connection with the termination of the royalty agreement noted above, we were fully released from our guarantee associated with this lease.

Commitments, Contingencies, and Guarantees

9 Months Ended

Jan. 30, 2022

Commitments And Contingencies Disclosure [Abstract]

Commitments, Contingencies, and Guarantees

16. Commitments, Contingencies, and Guarantees

Litigation

The company is involved in legal proceedings and claims which have arisen in the ordinary course of business. Management has determined that these actions when ultimately concluded and settled, will not have a material adverse effect upon the financial position, results of operations, or cash flows of the company.

Accounts Payable – Capital Expenditures

As of January 30, 2022, January 31, 2021, and May 2, 2021, we had total amounts due regarding capital expenditures totaling $33,000, $240,000, and $348,000, respectively, which pertained to outstanding vendor invoices, none of which were financed.

Purchase Commitments – Capital Expenditures

As of January 30, 2022, we had open purchase commitments to acquire equipment for our mattress fabrics segment totaling $812,000.

Discontinued Operations

Supply Agreement

In connection with the sale of our entire ownership interest in eLuxury, LLC (“eLuxury”) on March 31, 2020, we entered into a supply agreement with eLuxury to preserve an additional sales channel for our core products – upholstery and mattress fabrics. The supply agreement requires eLuxury to purchase all its requirements at fair market prices for mattress and upholstery fabric products of the type we were supplying to eLuxury at the time of the sale transaction, as well as certain home accessories and soft good products, subject to our ability to provide competitive pricing and delivery terms for such products. There are no guarantees or provisions under the supply agreement that requires eLuxury to purchase a minimum amount of our products.

On January 12, 2022, we entered into an agreement with eLuxury that extended this supply agreement from its original expiration date of March 31, 2022, to March 31, 2027.

During the nine-month periods ending January 30, 2022, and January 31, 2021, shipments to eLuxury under the supply agreement totaled $102,000 and $59,000, respectively.

Royalty Agreement

Also, in connection with the sale of our entire ownership interest in eLuxury noted above, we entered into a royalty agreement with eLuxury that required eLuxury to pay us a royalty fee based on a percentage of sales, as defined in the royalty agreement. On January 12, 2022, we entered into an agreement with eLuxury that terminated this royalty agreement and required eLuxury to pay us a termination fee of $150,000.

During the three-month and nine-month periods ending January 30, 2022, and January 31, 2021, royalty payments received pursuant to the royalty agreement were immaterial.

Financial Guarantee

As of May 2, 2021, we had an agreement that guaranteed 70% of any unpaid lease payments associated with eLuxury’s facility located in Evansville, Indiana. The lease agreement expires during September 2024 and requires monthly payments of $18,865. In connection with the termination of the royalty agreement noted above, we were fully released from our guarantee associated with this lease.