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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Apr. 28, 2012
Apr. 30, 2011
May 01, 2010
Net sales $ 465,095 $ 428,215 $ 377,646
Cost of products sold 381,981 339,042 297,711
Gross Margins 83,114 89,173 79,935
Restructuring 0 (21) 7,770
Selling and administrative expenses 69,946 70,848 62,427
Amortization of intangible assets 1,811 2,402 2,297
Income from operations 11,357 15,944 7,441
Interest (income)/expense, net (288) 198 139
Other (income)/expense, net 272 1,284 (515)
Income before income taxes 11,373 14,462 7,817
Income tax (benefit)/expense 3,236 (4,076) (5,964)
Income from continuing operations 8,137 18,538 13,781
Gain on sale of discontinued operation, net of tax ($4,148 less taxes of $3,493) 0 655 0
Net income 8,137 19,193 13,781
Less: Net income/(loss) attributable to noncontrolling interest (246) (307) 126
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC. $ 8,383 $ 19,500 $ 13,655
Basic income per share:      
Continuing operations $ 0.22 $ 0.51 $ 0.37
Discontinued operations $ 0.00 $ 0.02 $ 0.00
Basic income per share $ 0.22 $ 0.53 $ 0.37
Diluted income per share:      
Continuing operations $ 0.22 $ 0.50 $ 0.37
Discontinued operations $ 0.00 $ 0.02 $ 0.00
Diluted income per share $ 0.22 $ 0.52 $ 0.37
Cash dividends per share:      
Common stock $ 0.28 $ 0.28 $ 0.28