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Intangible Assets (Tables)
9 Months Ended
Jan. 30, 2022
Summary of Intangible Assets

A summary of intangible assets follows:

 

(dollars in thousands)

 

January 30, 2022

 

 

January 31, 2021

 

 

May 2, 2021

 

Tradename

 

$

540

 

 

$

540

 

 

$

540

 

Customer relationships, net

 

 

1,711

 

 

 

2,012

 

 

 

1,937

 

Non-compete agreement, net

 

 

471

 

 

 

546

 

 

 

527

 

 

 

$

2,722

 

 

$

3,098

 

 

$

3,004

 

 

Customer Relationships [Member]  
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our customer relationships follows:

 

 

 

Nine months ended

 

(dollars in thousands)

 

January 30, 2022

 

 

January 31, 2021

 

Beginning balance

 

$

1,937

 

 

$

2,238

 

Amortization expense

 

 

(226

)

 

 

(226

)

Ending balance

 

$

1,711

 

 

$

2,012

 

Non-Compete Agreement [Member]  
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our non-compete agreement follows:

 

 

 

Nine months ended

 

(dollars in thousands)

 

January 30, 2022

 

 

January 31, 2021

 

Beginning balance

 

$

527

 

 

$

602

 

Amortization expense

 

 

(56

)

 

 

(56

)

Ending balance

 

$

471

 

 

$

546