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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2016
May 02, 2015
May 03, 2014
Income Statement [Abstract]      
Net sales $ 809.1 $ 881.1 $ 772.8
Cost of products sold 596.2 662.3 616.1
Gross profit 212.9 218.8 156.7
Impairment of goodwill and intangible assets 0.0 11.1 1.7
Selling and administrative expenses 100.8 94.0 79.6
Amortization of intangibles 2.4 1.5 1.8
Income from operations 109.7 112.2 73.6
Gain from sale of business 0.0 (7.7) 0.0
Interest (income)/expense, net (0.7) (0.7) 0.3
Other income (0.5) (0.2) (2.6)
Income/(loss) before income taxes 110.9 120.8 75.9
Income tax expense/(benefit) 26.3 19.8 (20.3)
Net income 84.6 101.0 96.2
Less: Net income/(loss) attributable to noncontrolling interest 0.0 (0.1) 0.1
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC. $ 84.6 $ 101.1 $ 96.1
Basic and diluted income per share:      
Basic income per share (in dollars per share) $ 2.21 $ 2.61 $ 2.53
Diluted income per share (in dollars per share) 2.20 2.57 2.51
Cash dividends per share:      
Common stock (in dollars per share) $ 0.36 $ 0.36 $ 0.30