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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jul. 28, 2012
Apr. 28, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 85,147 $ 86,797
Accounts receivable, net 94,677 98,359
Inventories:    
Finished products 9,678 7,001
Work in process 14,729 14,235
Materials 22,953 22,325
Net inventory 47,360 43,561
Deferred income taxes 3,335 3,529
Prepaid and refundable income taxes 635 1,015
Prepaid expenses and other current assets 9,017 7,172
TOTAL CURRENT ASSETS 240,171 240,433
PROPERTY, PLANT AND EQUIPMENT 276,585 277,451
Less allowances for depreciation 195,136 200,299
Net property, plant and equipment 81,449 77,152
GOODWILL 16,422 16,422
INTANGIBLE ASSETS, net 16,215 16,620
PRE-PRODUCTION COSTS 14,405 16,215
OTHER ASSETS 36,818 36,806
Total other long-term assets 83,860 86,063
TOTAL ASSETS 405,480 403,648
CURRENT LIABILITIES    
Accounts payable 54,038 54,775
Other current liabilities 35,761 37,102
TOTAL CURRENT LIABILITIES 89,799 91,877
LONG-TERM DEBT 56,500 48,000
OTHER LIABILITIES 3,378 3,413
DEFERRED COMPENSATION 4,982 4,801
NON-CONTROLLING INTEREST 257 333
SHAREHOLDERS’ EQUITY    
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,402,678 and 38,375,678 shares issued as of July 28, 2012 and April 28, 2012, respectively 19,201 19,188
Additional paid-in capital 78,630 77,652
Accumulated other comprehensive income 8,624 15,573
Treasury stock, 1,342,188 shares as of July 28, 2012 and April 28, 2012 (11,377) (11,377)
Retained earnings 155,304 154,008
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS’ EQUITY 250,382 255,044
Noncontrolling interest 182 180
TOTAL EQUITY 250,564 255,224
TOTAL LIABILITIES AND EQUITY $ 405,480 $ 403,648