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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Apr. 27, 2013
Apr. 28, 2012
Apr. 30, 2011
Net sales $ 519,836 $ 465,095 $ 428,215
Cost of products sold 428,200 381,981 339,042
Gross margins 91,636 83,114 89,173
Impairment of goodwill 4,326 0 0
Income from settlement (20,000) 0 0
Selling and administrative expenses 66,338 69,946 70,827
Amortization of intangible assets 1,794 1,811 2,402
Income from operations 39,178 11,357 15,944
Interest (income)/expense, net (30) (288) 198
Other expense 1,257 272 1,284
Income before income taxes 37,951 11,373 14,462
Income tax expense/(benefit) (2,493) 3,236 (4,076)
Income from continuing operations 40,444 8,137 18,538
Gain on sale of discontinued operation, net of tax ($4,148 less taxes of $3,493) 0 0 655
Net income 40,444 8,137 19,193
Less: Net loss attributable to noncontrolling interest (294) (246) (307)
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC. $ 40,738 $ 8,383 $ 19,500
Basic income per share:      
Continuing operations $ 1.09 $ 0.22 $ 0.51
Discontinued operations $ 0.00 $ 0.00 $ 0.02
Basic income per share $ 1.09 $ 0.22 $ 0.53
Diluted income per share:      
Continuing operations $ 1.08 $ 0.22 $ 0.50
Discontinued operations $ 0.00 $ 0.00 $ 0.02
Diluted income per share $ 1.08 $ 0.22 $ 0.52
Cash dividends per share:      
Common stock $ 0.28 $ 0.28 $ 0.28