XML 37 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Disclosure (Tables)
6 Months Ended
Oct. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

The following table sets forth certain financial information for each of our five reporting segments for the periods indicated:
 
Three Months Ended
 
Six Months Ended
 
October 31,
2020
 
November 2,
2019
 
October 31,
2020
 
November 2,
2019
Net sales:
 
 
 
 
 
 
 
    Commercial
$
30,356

 
$
39,651

 
$
64,862

 
$
83,686

    Live Events
37,822

 
59,319

 
89,296

 
118,625

    High School Park and Recreation
27,578

 
30,193

 
56,521

 
60,658

    Transportation
15,323

 
20,330

 
29,821

 
39,348

    International
16,288

 
25,418

 
30,511

 
52,850

 
127,367

 
174,911

 
271,011

 
355,167

 
 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
 
    Commercial
8,578

 
7,862

 
16,320

 
17,080

    Live Events
7,300

 
11,934

 
16,654

 
24,671

    High School Park and Recreation
8,497

 
9,224

 
18,973

 
19,411

    Transportation
5,312

 
7,003

 
10,455

 
13,757

    International
3,627

 
4,064

 
6,673

 
10,673

 
33,314

 
40,087

 
69,075

 
85,592

 
 
 
 
 
 
 
 
Contribution margin: (1)
 
 
 
 
 
 
 
    Commercial
4,781

 
2,853

 
9,222

 
6,937

    Live Events
4,881

 
8,362

 
12,019

 
17,234

    High School Park and Recreation
5,951

 
5,988

 
13,866

 
12,580

    Transportation
4,446

 
5,895

 
8,827

 
11,347

    International
601

 
812

 
931

 
3,020

 
20,660

 
23,910

 
44,865

 
51,118

 
 
 
 
 
 
 
 
Non-allocated operating expenses:
 
 
 
 
 
 
 
    General and administrative
7,264

 
8,965

 
14,388

 
18,058

    Product design and development
6,737

 
10,121

 
14,269

 
20,621

Operating income
6,659

 
4,824

 
16,208

 
12,439

 
 
 
 
 
 
 
 
Nonoperating income (expense):
 
 
 
 
 
 
 
    Interest income
66

 
162

 
151

 
431

    Interest expense
(84
)
 
(31
)
 
(157
)
 
(66
)
Other (expense) income, net
(837
)
 
(514
)
 
(1,464
)
 
(321
)
 
 
 
 
 
 
 
 
Income before income taxes
5,804

 
4,441

 
14,738

 
12,483

Income tax expense (benefit)
2,388

 
(2,833
)
 
3,855

 
(1,821
)
Net income
$
3,416

 
$
7,274

 
$
10,883

 
$
14,304

 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
    Commercial
$
721

 
$
895

 
$
1,493

 
$
1,869

    Live Events
1,424

 
1,394

 
2,875

 
2,792

    High School Park and Recreation
492

 
507

 
988

 
1,019

    Transportation
234

 
252

 
471

 
516

    International
701

 
563

 
1,394

 
1,087

    Unallocated corporate depreciation
655

 
730

 
1,343

 
1,441

 
$
4,227

 
$
4,341

 
$
8,564

 
$
8,724


(1) Contribution margin consists of gross profit less selling expense.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas  The following table presents information about net sales and property and equipment, net of accumulated depreciation, in the United States and elsewhere:
 
Three Months Ended
 
Six Months Ended
 
October 31,
2020
 
November 2,
2019
 
October 31,
2020
 
November 2,
2019
Net sales:
 
 
 
 
 
 
 
United States
$
108,453

 
$
147,106

 
$
236,522

 
$
296,566

Outside United States
18,914

 
27,805

 
34,489

 
58,601

 
$
127,367

 
$
174,911

 
$
271,011

 
$
355,167

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
October 31,
2020
 
May 2,
2020
 
 
 
 
Property and equipment, net of accumulated depreciation:
 
 
 
 
 
 


United States
$
55,522

 
$
58,422

 
 
 


Outside United States
8,953

 
9,062

 
 
 
 
 
$
64,475

 
$
67,484