XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Jul. 28, 2012
Jul. 30, 2011
Net sales $ 118,737 $ 110,804
Cost of products sold 97,271 90,824
Gross margins 21,466 19,980
Selling and administrative expenses 17,296 18,562
Income from operations 4,170 1,418
Interest (income)/expense, net (46) 4
Other income, net (41) (43)
Income before income taxes 4,257 1,457
Income tax expense 430 22
Net income 3,827 1,435
Less: Net loss attributable to noncontrolling interest (62) (59)
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC. $ 3,889 $ 1,494
Amounts per common share attributable to Methode Electronics, Inc.:    
Basic $ 0.10 $ 0.04
Diluted $ 0.10 $ 0.04
Cash dividends:    
Common stock $ 0.07 $ 0.07
Weighted average number of Common Shares outstanding:    
Basic 37,391,831 37,277,306
Diluted 37,893,873 37,518,183