Fair Value Measurement (Tables)

12 Months Ended

May 02, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value

The following table sets forth by Level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis at May 2, 2020 and April 27, 2019 according to the valuation techniques we used to determine their fair values. There have been no transfers of assets or liabilities among the fair value hierarchies presented.

	Fair Value Measurements
	Level 1		Level 2			Level 3			Total
Balance as of May 2, 2020:
Cash and cash equivalents	$	40,398	$	—		$	—		$	40,398
Restricted cash	14		—			—			14
Available-for-sale securities:
Certificates of deposit	—		1,230			—			1,230
Derivatives - asset position	—		261			—			261
Derivatives - liability position	—		(17		)	—			(17		)
Acquisition-related contingent consideration	—		—			(761		)	(761		)
	$	40,412	$	1,474		$	(761	)	$	41,125
Balance as of April 27, 2019:
Cash and cash equivalents	$	35,383	$	—		$	—		$	35,383
Restricted cash	359		—			—			359
Available-for-sale securities:
Certificates of deposit	—		3,464			—			3,464
U.S. Government securities	10,774		—			—			10,774
U.S. Government sponsored entities	—		10,482			—			10,482
Municipal bonds	—		1,624			—			1,624
Derivatives - asset position	—		91			—			91
Derivatives - liability position	—		(4		)	—			(4		)
Acquisition-related contingent consideration	—		—			(3,065		)	(3,065		)
	$	46,516	$	15,657		$	(3,065	)	$	59,108

Rollforward of Level 3 Contingent Consideration Liabilities

A roll forward of the Level 3 contingent liabilities, both short- and long-term, for the fiscal year ended May 2, 2020 is as follows:

Acquisition-related contingent consideration as of April 27, 2019	$	3,065
Additions	100
Settlements	(2,491		)
Interest	50
Foreign currency translation	37
Acquisition-related contingent consideration as of May 2, 2020	$	761