0000065270-19-000039.txt : 20191205 0000065270-19-000039.hdr.sgml : 20191205 20191205070624 ACCESSION NUMBER: 0000065270-19-000039 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20191205 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20191205 DATE AS OF CHANGE: 20191205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: METHODE ELECTRONICS INC CENTRAL INDEX KEY: 0000065270 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 362090085 STATE OF INCORPORATION: DE FISCAL YEAR END: 0502 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33731 FILM NUMBER: 191269444 BUSINESS ADDRESS: STREET 1: 8750 WEST BRYN MAWR AVENUE CITY: CHICAGO STATE: IL ZIP: 60631 BUSINESS PHONE: 7088676777 MAIL ADDRESS: STREET 1: 8750 WEST BRYN MAWR AVENUE CITY: CHICAGO STATE: IL ZIP: 60631 8-K 1 methodeelectronicsinc8.htm METHODE ELECTRONICS, INC. FORM 8-K FILED DECEMBER 5, 2019 Document
false0000065270 0000065270 2019-12-05 2019-12-05


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________

FORM 8-K
_______________

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 5, 2019
_______________
METHODE ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)

Delaware
0-2816
36-2090085
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

8750 West Bryn Mawr Avenue, Chicago, Illinois 60631
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (708) 867-6777
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.50 par value
MEI
New York Stock Exchange


Indicate by checkmark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company    

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.






Item 2.02
Results of Operations and Financial Condition.
On December 5, 2019, Methode Electronics, Inc. issued a press release announcing its financial results for the second quarter and six months ended October 26, 2019. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
 
The information in this Form 8-K and the Exhibit attached hereto pertaining to the Company’s financial results shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits:

Exhibit No.
99.1 Earnings Release of Methode Electronics, Inc. dated December 5, 2019







SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:
December 5, 2019
METHODE ELECTRONICS, INC.


By: /s/ Ronald L.G. Tsoumas           
Ronald L.G. Tsoumas
Chief Financial Officer







Exhibit Index

Exhibit No.    Description
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)





EX-99.1 2 pressrelease120519.htm METHODE ELECTRONICS, INC. PRESS RELEASE DATED DECEMBER 5, 2019 Exhibit
Exhibit 99.1

meilogoa01.jpg

METHODE ELECTRONICS, INC. REPORTS FISCAL 2020 SECOND-QUARTER RESULTS AND REAFFIRMS FULL YEAR EPS GUIDANCE


Chicago, IL - December 5, 2019 - Methode Electronics, Inc. (NYSE: MEI), a global developer of custom-engineered and application-specific products and solutions, announced financial results for the second quarter of Fiscal 2020 ended October 26, 2019.

Second Quarter Fiscal 2020
Methode's second-quarter Fiscal 2020 net sales decreased $6.8 million, or 2.6 percent, to $257.2 million from $264.0 million in the same quarter of Fiscal 2019. Net sales in the second quarter of Fiscal 2020 were negatively impacted by the United Auto Workers ("UAW") labor strike at General Motors ("GM"), which reduced sales by approximately $32.0 million, and currency rate fluctuations, which reduced net sales by $3.9 million. This was offset by increased net sales from Grakon of $32.3 million.

GAAP net income increased $9.2 million to $23.8 million, or $0.63 per share, in the second quarter of Fiscal 2020 from $14.6 million, or $0.39 per share, in the same period of Fiscal 2019. GAAP net income in the second quarter of Fiscal 2020 was negatively impacted (including lost product gross margin and operational inefficiencies experienced due to reduced business levels) by the UAW labor strike at GM, which reduced net income by $7.9 million, or $0.21 per share.

Adjusted net income, a non-GAAP financial measure, was $24.2 million, or $0.64 per share, in the second quarter of Fiscal 2020 compared to $31.9 million, or $0.85 per share, in the same period of Fiscal 2019. Adjusted net income excludes expenses for initiatives to reduce overall costs and improve operational profitability, acquisition-related costs (including purchase accounting adjustments) and long-term incentive plan accrual adjustments in the applicable periods.

Year over year, Fiscal 2020 second-quarter GAAP net income benefitted from:
higher sales from Grakon of $32.3 million (consists of 3 months of Grakon versus 1.5 months in Fiscal 2019);
lower acquisition-related costs ($8.3 million) and purchase accounting adjustments related to inventory ($2.6 million) totaling $10.9 million;
lower stock award amortization expense due to an accrual adjustment of $7.4 million recorded in the second quarter of Fiscal 2019;
the benefit of initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019; and
lower expense for initiatives to reduce overall costs and improve operational profitability taken in the second quarter of Fiscal 2020 of $0.5 million, versus $2.5 million in the second quarter of Fiscal 2019.

Year over year, Fiscal 2020 second-quarter GAAP net income was negatively affected by:
the adverse impact from the UAW labor strike at GM of $9.6 million;
higher income tax expense of $2.2 million;
higher net interest expense of $1.1 million;



Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
2


increased intangible asset amortization expense of $1.0 million;
the impact of foreign currency translation of $0.8 million; and
net tariff expense of $0.6 million.

Consolidated gross profit margins decreased to 26.7 percent for the Fiscal 2020 second quarter compared to 26.8 percent in the same period last year. The slight decrease was primarily due to the impact of the UAW labor strike at GM, the impact of foreign currency translation and lower radio remote control, busbar and appliance product sales, partially offset by incremental sales from Grakon.

Adjusted gross profit margins, a non-GAAP financial measure, were 26.8 percent in the Fiscal 2020 second quarter compared to 28.3 percent in the same period last year and exclude expenses for initiatives to reduce overall costs and improve operational profitability in the applicable periods and purchase accounting adjustments.

Selling and administrative expenses as a percentage of sales decreased to 12.9 percent for the Fiscal 2020 second quarter compared to 18.2 percent in the same period last year. The decrease is attributable to lower acquisition-related costs, lower stock-based compensation expense, and lower employee compensation as a result of the initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019.

Adjusted selling and administrative expenses as a percentage of sales, a non-GAAP financial measure, were 12.8 percent in the Fiscal 2020 second quarter compared to 11.8 percent in the Fiscal 2019 second quarter and exclude expenses for initiatives to reduce overall costs and improve operational profitability, acquisition-related costs and long-term incentive plan accrual adjustments in the applicable periods.

Year over year, intangible asset amortization expense in the second quarter of Fiscal 2020 increased $1.0 million, or 27.0 percent, to $4.7 million, due to amortization expense related to the Grakon acquisition, partially offset by lower amortization expense in the Interface segment.

In the Fiscal 2020 second quarter, income tax expense increased $2.2 million to $5.2 million compared to $3.0 million in the Fiscal 2019 second quarter. The Company’s effective tax rate increased to 17.9 percent in the Fiscal 2020 period from 17.0 percent in the previous second quarter primarily due to discrete tax items and the level and mix of earnings among tax jurisdictions.

EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization of Intangibles), a non-GAAP financial measure, was $43.6 million in the Fiscal 2020 second quarter compared to $29.2 million in the Fiscal 2019 period. EBITDA in the Fiscal 2020 second quarter was adversely impacted by the UAW labor strike at GM of $9.6 million.

Adjusted EBITDA, a non-GAAP financial measure, which excludes expenses for initiatives to reduce overall costs and improve operational profitability, acquisition-related costs (including purchase accounting adjustments) and long-term incentive plan accrual adjustments from EBITDA, was $44.1 million in the Fiscal 2020 second quarter compared to $50.0 million in the Fiscal 2019 period. Adjusted EBITDA decreased primarily due to the adverse impact of the UAW labor strike at GM of $9.6 million.

Segment Comparisons (GAAP Reported)
Comparing the Automotive segment's Fiscal 2020 second quarter to the same period of Fiscal 2019,
Net sales decreased 10.7 percent, or $21.5 million, attributable to:



Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
3


a 16.5 percent sales decrease in North America primarily due to the impact from the UAW labor strike at GM of $32.0 million, partially offset by higher automotive sales from Grakon of $12.2 million,
a 8.0 percent sales decline in Asia attributable to decreased sensor product sales volume and pricing reductions and lower volumes of transmission lead-frame assemblies, partially offset by an increase in touchscreen sales volumes to an Asian auto OEM; partially offset by
a 2.7 percent sales increase in Europe due to higher sensor product sales volume, partially offset by lower switch product sales volumes and an unfavorable currency impact.
Gross profit margins decreased to 24.5 percent from 27.2 percent primarily due to the adverse impact from the UAW labor strike at GM which reduced gross profit by $9.6 million and product mix.
Income from operations decreased $7.9 million, or 21.5 percent, due to the adverse impact from the UAW labor strike at GM and the impact of foreign currency translation, partially offset by higher income from Grakon and the benefit from initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019.

Comparing the Industrial segment's Fiscal 2020 second quarter to the same period of Fiscal 2019,
Net sales increased 36.9 percent, or $17.5 million, as the result of higher Grakon sales of $20.1 million, partially offset by lower sales volumes of radio remote control and busbar products and the impact of foreign currency translation.
Gross profit margins increased to 37.8 percent from 30.0 percent primarily due to higher sales from Grakon (inclusive of net tariff expense). Gross profit margins in the second quarter of Fiscal 2019 were negatively impacted by $2.6 million of purchase accounting adjustments related to the acquisition of Grakon.
Income from operations increased to $15.1 million compared to $5.1 million primarily as a result of higher income from Grakon, partially offset by lower sales volumes of radio remote control and busbar products.

Comparing the Interface segment's Fiscal 2020 second quarter to the same period of Fiscal 2019,
Net sales decreased 19.0 percent, or $2.8 million, attributable to lower appliance product sales.
Gross profit margins decreased slightly to 10.1 percent from 10.2 percent due to lower sales volumes of appliance products.
Loss from operations decreased $0.4 million to $0.2 million from $0.6 million due to lower intangible asset amortization expense.

Comparing the Medical segment's Fiscal 2020 second quarter to the same period of Fiscal 2019,
Net sales were $0.3 million in both periods.
Loss from operations was $1.8 million compared to $2.5 million. The reduced loss was due to lower professional fees and benefits from initiatives to reduce overall costs and improve operational profitability. In the second quarter of Fiscal 2019, we incurred $0.7 million of expenses related to initiatives to reduce overall costs and improve operational profitability.

First Half Fiscal 2020
Methode's first-half Fiscal 2020 net sales increased $40.0 million, or 8.2 percent, to $527.4 million from $487.4 million in the same period of Fiscal 2019. The acquisition of Grakon increased net sales by $86.6 million. This was offset by the adverse impact from the UAW labor strike at GM, which reduced net sales by $32.0 million, and currency rate fluctuations, which reduced net sales by $8.2 million.

GAAP net income increased $13.8 million to $52.1 million, or $1.38 per share, in the first-half of Fiscal 2020 from $38.3 million, or $1.02 per share, in the same period of Fiscal 2019. GAAP net income in the



Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
4


first-half of Fiscal 2020 was negatively impacted (including lost product gross margin and operational inefficiencies experienced due to reduced business levels) by the UAW labor strike at GM, which reduced net income by $7.9 million, or $0.21 per share.

Adjusted net income, a non-GAAP financial measure, was $52.5 million, or $1.39 per share, in the first-half of Fiscal 2020 compared to $57.0 million, or $1.51 per share, in the same period of Fiscal 2019. Adjusted net income excludes expenses for initiatives to reduce overall costs and improve operational profitability, acquisition-related costs (including purchase accounting adjustments) and long-term incentive plan accrual adjustments in the applicable periods.

Year over year, first-half Fiscal 2020 GAAP net income benefitted from:
higher sales from Grakon of $86.6 million (consists of six months of Grakon versus 1.5 months in Fiscal 2019);
lower acquisition-related costs ($8.9 million) and purchase accounting adjustments related to inventory ($2.6 million) totaling $11.5 million;
lower stock award amortization expense due to an accrual adjustment of $7.4 million recorded in the first-half of Fiscal 2019;
the benefit of initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019; and
lower expense for initiatives to reduce overall costs and improve operational profitability taken in the first-half of Fiscal 2020 of $0.5 million, versus $3.3 million in the first-half of Fiscal 2019.

Year over year, first-half Fiscal 2020 GAAP net income was negatively affected by:
the adverse impact of the UAW labor strike at GM of $9.6 million;
higher income tax expense of $5.0 million;
increased intangible asset amortization expense of $3.9 million;
higher net interest expense of $3.8 million;
impact of foreign currency translation of $1.7 million; and
net tariff expense of $0.9 million.

Consolidated gross profit margins increased to 27.4 percent for the first-half of Fiscal 2020 compared to 26.9 percent in the same period last year. The improvement was primarily due to higher Grakon sales, partially offset by the adverse impact of the UAW labor strike at GM, the impact of foreign currency translation and lower radio remote control and appliance product sales.

Adjusted gross profit margins, a non-GAAP financial measure, were 27.4 percent in the first-half of Fiscal 2020 compared to 27.7 percent in the same period of Fiscal 2019 and exclude expenses for initiatives to reduce overall costs and improve operational profitability and purchase accounting adjustments in the applicable periods.

Selling and administrative expenses as a percentage of sales decreased to 12.4 percent for the first-half of Fiscal 2020 compared to 15.9 percent in the same period of Fiscal 2019. The decrease is attributable to the benefit of initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019, lower stock-based compensation expense, lower acquisition-related costs and the impact of foreign currency translation.

Adjusted selling and administrative expenses as a percentage of sales, a non-GAAP financial measure, were 12.3 percent in the first-half of Fiscal 2020 compared to 12.2 percent in the same period of Fiscal



Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
5


2019 and exclude expenses for initiatives to reduce overall costs and improve operational profitability, acquisition-related costs and long-term incentive plan accrual adjustments in the applicable periods.

Year over year, intangible asset amortization expense in the first-half of Fiscal 2020 increased $3.9 million, or 69.6 percent, to $9.5 million, due to amortization expense related to the Grakon acquisition, partially offset by lower amortization expense in the Interface segment.

In the first-half of Fiscal 2020, income tax expense increased $5.0 million to $12.5 million compared to $7.5 million in the same period of Fiscal 2019. The Company’s effective tax rate increased to 19.3 percent in the first-half of Fiscal 2020 from 16.4 percent in the same period of Fiscal 2019 primarily due to discrete tax items and the level and mix of earnings among tax jurisdictions.

EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization of Intangibles), a non-GAAP financial measure, was $93.9 million in the first-half of Fiscal 2020 compared to $66.0 million in the Fiscal 2019 period. EBITDA in the first-half of Fiscal 2020 was adversely impacted by the UAW labor strike at GM of $9.6 million.

Adjusted EBITDA, a non-GAAP financial measure, which excludes expenses for initiatives to reduce overall costs and improve operational profitability, acquisition-related costs (including purchase accounting adjustments) and long-term incentive plan accrual adjustments from EBITDA, was $94.4 million in the first-half of Fiscal 2020 compared to $88.2 million in the Fiscal 2019 period. Adjusted EBITDA in the first-half of Fiscal 2020 was adversely impacted by the UAW labor strike at GM of $9.6 million.

Segment Comparisons (GAAP Reported)
Comparing the Automotive segment's first-half Fiscal 2020 to the same period of Fiscal 2019,
Net sales decreased 2.8 percent, or $10.6 million, attributable to:
a 1.4 percent sales decrease in North America primarily due to the adverse impact from the UAW labor strike at GM of $32.0 million, partially offset by higher automotive sales from Grakon of $26.0 million;
a 14.6 percent sales decline in Asia attributable to decreased switch and sensor product volume, pricing reductions and lower volumes of transmission lead-frame assemblies and an unfavorable impact of foreign currency translation; and
a 1.1 percent sales decrease in Europe due to an unfavorable impact of foreign currency translation and lower switch sales volumes, partially offset by improved sensor product volume.
Gross profit margins decreased to 25.0 percent from 27.0 percent due to the adverse impact from the UAW labor strike at GM which reduced gross profit by $9.6 million, product mix, unfavorable impact of foreign currency translation and lower Asian sales volumes.
Income from operations decreased $7.7 million, or 11.0 percent, resulting from the adverse impact of the UAW labor strike at GM and unfavorable impact of foreign currency translation, partially offset by higher income from Grakon and the benefit from initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019.

Comparing the Industrial segment's first-half Fiscal 2020 to the same period of Fiscal 2019,
Net sales increased 70.5 percent, or $56.1 million, attributable to higher Grakon sales of $60.6 million, partially offset by lower sales volumes of radio remote control and busbar products and the impact of foreign currency translation.



Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
6


Gross profit margins increased to 37.6 percent from 30.9 percent due to higher sales and a favorable sales mix from Grakon, partially offset by reduced radio remote control and busbar sales volumes and net tariff expense. Gross profit margins in the first-half of Fiscal 2019 were also negatively impacted by $2.6 million of purchase accounting adjustments related to the acquisition of Grakon.
Income from operations increased to $31.6 million compared to $12.2 million resulting from higher income from Grakon, partially offset by lower sales volumes of radio remote control and busbar products and the impact of foreign currency translation.

Comparing the Interface segment's first-half Fiscal 2020 to the same period of Fiscal 2019,
Net sales decreased 18.2 percent, or $5.5 million, attributable to lower appliance product sales volumes.
Gross profit margins decreased to 10.9 percent from 14.5 percent due to lower sales volumes.
Income from operations decreased $0.2 million to break-even levels due to lower gross profit, partially offset by the lower intangible asset amortization expense and benefits from initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019.

Comparing the Medical segment's first-half Fiscal 2020 to the same period of Fiscal 2019,
Net sales were $0.6 million in both periods.
Loss from operations improved to $3.3 million from $4.6 million in the same period of Fiscal 2019, due to higher gross margins and lower professional fees, as well as benefits from initiatives to reduce overall costs and improve operational profitability. In the first-half of Fiscal 2019, we incurred $0.9 million of expenses related to initiatives to reduce overall costs and improve operational profitability.

Fiscal 2020 Guidance
For Fiscal 2020, Methode reaffirms pre-tax income in the range of $150.3 million to $164.3 million and earnings per share in the range of $3.25 to $3.55. As a result of the UAW labor strike at GM, Methode updates sales guidance to a range of $1.10 billion to $1.13 billion from $1.13 billion to $1.17 billion.

Fiscal 2020 guidance considers:
the timing of the launch of a significant amount of previously announced new Automotive business and a laundry program in the Interface segment at anticipated volumes;
the mitigation of some of the adverse impact from the UAW labor strike at GM;
the anticipated impact of tariffs on imported Chinese goods at 25 percent and the net costs associated with mitigating those tariffs; and
twelve months of Grakon results, as compared to seven and a half months of Grakon results in Fiscal 2019.

The guidance ranges for Fiscal 2020 are based upon management's expectations regarding a variety of factors and involve a number of risks and uncertainties, including, but not limited to, the following:
sales volumes and timing thereof for certain makes and models of pickup trucks, sports utility vehicles and passenger cars;
Class 5 through Class 8 truck sales;
ability to fully realize benefits of Fiscal 2019 initiatives to reduce overall costs and improve operational profitability;
ability to realize synergies from the Grakon acquisition;
no increases to existing tariffs or new tariffs on imported goods and the ability to mitigate such tariffs;
the price of commodities, particularly copper and resins;
the potential effect of legal fees related to the Hetronic lawsuit;



Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
7


sales mix within the markets served;
currency exchange effect on the operations of businesses;
no significant supplier issues or manufacturing quality events;
no unusual or one-time items;
potential international government grants for cost reimbursements based on employment levels; and
an effective tax rate in the 18 to 21 percent range and no significant changes in tax credit movement, valuation allowances or enacted tax laws.

Management Comments
President and Chief Executive Officer, Donald W. Duda said, “Our second quarter performance, excluding the adverse effect of the UAW labor strike, clearly illustrates that our strategic and operational discipline can deliver value for our shareholders. With the labor strike behind us, the opportunities we have moving forward, and our team’s focus on managing the business, allows us to reaffirm our Pre-tax Income and EPS guidance for the fiscal year. ”
 
Mr. Duda concluded, “I am very pleased that the Methode team worked diligently to minimize the effect of the strike and with their ability to stay focused on operational performance despite numerous business challenges.”

Non-GAAP Financial Measures
To supplement the Company's financial statements presented in accordance with generally accepted accounting principles in the United States (“GAAP”), Methode uses Adjusted Net Income, Adjusted Earnings Per Share, Adjusted Income from Operations, Adjusted Gross Profit, Adjusted Gross Margins as a Percentage of Sales, Adjusted Selling and Administrative Expenses, Adjusted Selling and Administrative Expenses as a Percentage of Sales, EBITDA, Adjusted EBITDA, and Free Cash Flow as non-GAAP measures. Reconciliation to the nearest GAAP measures of all non-GAAP measures included in this press release can be found at the end of this release. Methode's definitions of these non-GAAP measures may differ from similarly titled measures used by others. These non-GAAP measures should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP. The Company believes that these non-GAAP measures are useful because they (i) provide both management and investors meaningful supplemental information regarding financial performance by excluding certain expenses that may not be indicative of recurring core business operating results, (ii) permit investors to view Methode's performance using the same tools that management uses to evaluate its past performance, reportable business segments and prospects for future performance and (iii) otherwise provide supplemental information that may be useful to investors in evaluating Methode.

Conference Call
The Company will conduct a conference call and Webcast to review financial and operational highlights led by its President and Chief Executive Officer, Donald W. Duda, and Chief Financial Officer, Ron Tsoumas, today at 10:00 a.m. Central time.

To participate in the conference call, please dial (844) 369-8770 (domestic) or (862) 298-0840 (international) at least five minutes prior to the start of the event. A simultaneous Webcast can be accessed through the Company’s Web site, www.methode.com, by selecting the Investor Relations page, and then clicking on the “Webcast” icon.

A replay of the conference call will be available shortly after the call through December 12, 2019, by dialing (877) 481-4010 and providing Conference ID number 55945. On the Internet, a replay will be



Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
8


available for 30 days through the Company’s Web site, www.methode.com, by selecting the Investor Relations page and then clicking on the “Webcast” icon.

About Methode Electronics, Inc.
Methode Electronics, Inc. (NYSE: MEI) is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in Belgium, Canada, China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States. We design, manufacture and market devices employing electrical, radio remote control, electronic, LED lighting, wireless and sensing technologies. Our business is managed on a segment basis, with those segments being Automotive, Industrial, Interface and Medical. Our components are found in the primary end-markets of the aerospace, appliance, automotive, commercial vehicle, construction, consumer and industrial equipment, communications (including information processing and storage, networking equipment, wireless and terrestrial voice/data systems), medical, rail and other transportation industries. Further information can be found on Methode's Web site www.methode.com.




Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Financial Results
9


Forward-Looking Statements
This press release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements are subject to the safe harbor protection provided under the securities laws. Methode undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Methode's expectations on a quarterly basis or otherwise. The forward-looking statements in this press release involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in Methode's filings with the Securities and Exchange Commission, such as our annual and quarterly reports. Such factors may include, without limitation, the following: (1) dependence on a small number of large customers, including two large automotive customers; (2) dependence on the automotive, appliance, commercial vehicle, computer and communications industries; (3) international trade disputes resulting in tariffs and our ability to mitigate tariffs: (4) timing, quality and cost of new program launches; (5) ability to withstand price pressure, including pricing reductions; (6) ability to successfully market and sell Dabir Surfaces products; (7) currency fluctuations; (8) customary risks related to conducting global operations; (9) ability to withstand business interruptions; (10) recognition of goodwill impairment charges; (11) ability to successfully benefit from acquisitions and divestitures; (12) investment in programs prior to the recognition of revenue; (13) dependence on the availability and price of materials; (14) fluctuations in our gross margins; (15) dependence on our supply chain; (16) income tax rate fluctuations; (17) ability to keep pace with rapid technological changes; (18) breach of our information technology systems; (19) ability to avoid design or manufacturing defects; (20) ability to compete effectively; (21) ability to protect our intellectual property; (22) success of Grakon and/or our ability to implement and profit from new applications of the acquired technology; (23) significant adjustments to expense based on the probability of meeting certain performance levels in our long-term incentive plan; (24) ability to manage our debt levels and any restrictions thereunder; and (25) costs and expenses due to regulations regarding conflict minerals.

For Methode Electronics, Inc.
Mark Shermetaro
Vice President Corporate Development
mshermetaro@methode.com
248-752-3468

Nathan Abler
Dresner Corporate Services
nabler@dresnerco.com
714-742-4180




METHODE ELECTRONICS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
(in millions, except share and per-share data)
 
 
 
Three Months Ended
 
Six Months Ended
 
 
October 26,
2019
 
October 27,
2018
 
October 26,
2019
 
October 27,
2018
Net Sales
 
$
257.2

 
$
264.0

 
$
527.4

 
$
487.4

 
 
 
 
 
 
 
 
 
Cost of Products Sold
 
188.6

 
193.2

 
383.0

 
356.5

 
 
 
 
 
 
 
 
 
Gross Profit
 
68.6

 
70.8

 
144.4

 
130.9

 
 
 
 
 
 
 
 
 
Selling and Administrative Expenses
 
33.2

 
48.0

 
65.6

 
77.5

Amortization of Intangibles
 
4.7

 
3.7

 
9.5

 
5.6

 
 

 

 

 

Income from Operations
 
30.7

 
19.1

 
69.3

 
47.8

 
 
 
 
 
 
 
 
 
Interest Expense, Net
 
2.7

 
1.6

 
5.6

 
1.8

Other (Income) Expense, Net
 
(1.0
)
 
(0.1
)
 
(0.9
)
 
0.2

 
 

 

 

 

Income before Income Taxes
 
29.0

 
17.6

 
64.6

 
45.8

 
 
 
 
 
 
 
 
 
Income Tax Expense
 
5.2

 
3.0

 
12.5

 
7.5

 
 


 


 


 


Net Income
 
$
23.8

 
$
14.6

 
$
52.1

 
$
38.3

 
 
 
 
 
 
 
 
 
Basic and Diluted Income per Share:
 
 

 
 

 


 


Basic
 
$
0.63

 
$
0.39

 
$
1.39

 
$
1.02

Diluted
 
$
0.63

 
$
0.39

 
$
1.38

 
$
1.02

 
 
 
 
 
 
 
 
 
Cash Dividends per Share
 
$
0.11

 
$
0.11

 
$
0.22

 
$
0.22

 
 
 
 
 
 
 
 
 
Weighted Average Number of Shares Outstanding:
 
 

 
 

 
 
 
 
Basic
 
37,587,742

 
37,405,550

 
37,561,098

 
37,377,997

Diluted
 
37,739,188

 
37,673,722

 
37,703,123

 
37,648,048








METHODE ELECTRONICS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions, except share and per-share data)
 
 
October 26,
2019
 
April 27,
2019
 
 
(Unaudited)
 
 
ASSETS
 
 

 
 

CURRENT ASSETS
 
 

 
 

Cash and Cash Equivalents
 
$
95.6

 
$
83.2

Accounts Receivable, Net
 
205.3

 
219.3

Inventories
 
133.8

 
116.7

Income Tax Receivable
 
12.0

 
14.3

Prepaid Expenses and Other Current Assets
 
18.7

 
20.0

TOTAL CURRENT ASSETS
 
465.4

 
453.5

LONG-TERM ASSETS
 
 
 
 
Property, Plant and Equipment, Net
 
198.1

 
191.9

Goodwill
 
233.6

 
233.3

Other Intangible Assets, Net
 
255.8

 
264.9

Operating Lease Assets, Net
 
28.6

 

Deferred Tax Assets
 
34.1

 
34.3

Pre-production Costs
 
39.0

 
32.8

Other Long-term Assets
 
28.1

 
21.0

TOTAL LONG-TERM ASSETS
 
817.3

 
778.2

TOTAL ASSETS
 
$
1,282.7

 
$
1,231.7

 
 
 
 
 
LIABILITIES & SHAREHOLDERS' EQUITY
 
 

 
 

CURRENT LIABILITIES
 
 

 
 

Accounts Payable
 
$
97.1

 
$
91.9

Accrued Employee Liabilities
 
22.5

 
20.1

Other Accrued Expenses
 
27.8

 
33.9

Short-term Operating Lease Liability
 
6.5

 

Short-term Debt
 
15.2

 
15.7

Income Tax Payable
 
15.2

 
19.3

TOTAL CURRENT LIABILITIES
 
184.3

 
180.9

LONG-TERM LIABILITIES
 
 
 
 
Long-term Debt
 
259.9

 
276.9

Long-term Operating Lease Liability
 
22.8

 

Long-term Income Tax Payable
 
29.3

 
33.0

Other Long-term Liabilities
 
17.0

 
14.8

Deferred Tax Liabilities
 
36.8

 
36.4

TOTAL LONG-TERM LIABILITIES
 
365.8

 
361.1

TOTAL LIABILITIES
 
550.1

 
542.0

SHAREHOLDERS' EQUITY
 
 

 
 

Common Stock, $0.50 par value, 100,000,000 shares authorized, 38,438,111 shares and 38,333,576 shares issued as of October 26, 2019 and April 27, 2019, respectively
 
19.2

 
19.2

Additional Paid-in Capital
 
154.4

 
150.4

Accumulated Other Comprehensive Loss
 
(18.0
)
 
(13.6
)
Treasury Stock, 1,346,624 shares as of October 26, 2019 and April 27, 2019
 
(11.5
)
 
(11.5
)
Retained Earnings
 
588.5

 
545.2

TOTAL SHAREHOLDERS' EQUITY
 
732.6

 
689.7

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
 
$
1,282.7

 
$
1,231.7





METHODE ELECTRONICS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(in millions)
 
 
 
Six Months Ended
 
 
October 26,
2019
 
October 27,
2018
OPERATING ACTIVITIES
 
 

 
 

Net Income
 
$
52.1

 
$
38.3

Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
 
 

 
 

Change in Cash Surrender Value of Life Insurance
 
(0.3
)
 

Amortization of Debt Issuance Costs
 
0.3

 
0.2

Gain on Sale of Fixed Assets
 

 
(0.7
)
Gain on Sale of Business
 
(0.5
)
 

Depreciation
 
14.2

 
12.8

Amortization of Intangible Assets
 
9.5

 
5.6

Stock-based Compensation Expense
 
4.0

 
10.9

Provision for Bad Debt
 

 
0.1

Change in Deferred Income Taxes
 
0.4

 
(0.4
)
Changes in Operating Assets and Liabilities:
 
 
 
 
Accounts Receivable
 
10.7

 
(8.2
)
Inventories
 
(18.1
)
 
(5.2
)
Prepaid Expenses and Other Assets
 
(10.2
)
 
(13.2
)
Accounts Payable and Other Liabilities
 
5.7

 
(4.0
)
NET CASH PROVIDED BY OPERATING ACTIVITIES
 
67.8

 
36.2

 
 
 
 
 
INVESTING ACTIVITIES
 
 

 
 

Purchases of Property, Plant and Equipment
 
(26.8
)
 
(28.6
)
Acquisitions of Businesses, Net of Cash Acquired
 

 
(421.6
)
Sale of Business/Investment/Property
 
0.6

 
0.7

NET CASH USED IN INVESTING ACTIVITIES
 
(26.2
)
 
(449.5
)
 
 
 
 
 
FINANCING ACTIVITIES
 
 

 
 

Taxes Paid Related to Net Share Settlement of Equity Awards
 
(0.4
)
 
(1.7
)
Repayments of Finance Leases
 
(0.3
)
 

Cash Dividends
 
(8.2
)
 
(8.6
)
Proceeds from Borrowings
 
26.4

 
348.0

Repayments of Borrowings
 
(44.2
)
 
(46.6
)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES
 
(26.7
)
 
291.1

Effect of Foreign Currency Exchange Rate Changes on Cash and Cash Equivalents
 
(2.5
)
 
(13.0
)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
 
12.4

 
(135.2
)
Cash and Cash Equivalents at Beginning of the Year
 
83.2

 
246.1

CASH AND CASH EQUIVALENTS AT END OF THE PERIOD
 
$
95.6

 
$
110.9

 
 
 
 
 
SUPPLEMENTAL CASH FLOW INFORMATION
 
 
 
 
Cash Paid During the Period For:
 
 
 
 
Interest
 
$
5.6

 
$
1.6

Income Taxes, Net of Refunds
 
$
10.9

 
$
14.9





METHODE ELECTRONICS, INC. AND SUBSIDIARIES
(Unaudited)
(in millions, except per share data)

Reconciliation of Non-GAAP Financial Measures for the Three Months Ended October 26, 2019
 
 
 
 
 
 
Acquisition-Related Costs
 
 
 
 
 
 
U.S. GAAP
(As Reported)
 
Expense for Initiatives to Reduce Overall Costs and Improve Operational Profitability
 

Purchase Accounting Adjustments Related to Inventory
 
Severance
 
Other
 
Long-term Incentive Plan Accrual Adjustment
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
68.6

 
$
0.2

 
$

 
$

 
$

 
$

 
$
68.8

Gross Margin (% of sales)
 
26.7
%
 
0.1
 %
 
%
 
%
 
%
 
%
 
26.8
%
Selling and Administrative Expenses
 
$
33.2

 
$
(0.3
)
 
$

 
$

 
$

 
$

 
$
32.9

Selling and Administrative Expenses (% of sales)
 
12.9
%
 
(0.1
)%
 
%
 
%
 
%
 
%
 
12.8
%
Income from Operations
 
$
30.7

 
$
0.5

 
$

 
$

 
$

 
$

 
$
31.2

Net Income
 
$
23.8

 
$
0.4

 
$

 
$

 
$

 
$

 
$
24.2

Diluted Earnings per Share
 
$
0.63

 
$
0.01

 
$

 
$

 
$

 
$

 
$
0.64

Reconciliation of Non-GAAP Financial Measures for the Three Months Ended October 27, 2018
 
 
 
 
 
 
Acquisition-Related Costs
 
 
 
 
 
 
U.S. GAAP
(As Reported)
 
Expense for Initiatives to Reduce Overall Costs and Improve Operational Profitability
 

Purchase Accounting Adjustments Related to Inventory
 
Severance
 
Other
 
Long-term Incentive Plan Accrual Adjustment
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
70.8

 
$
1.3

 
$
2.6

 
$

 
$

 
$

 
$
74.7

Gross Margin (% of sales)
 
26.8
%
 
0.5
 %
 
1.0
%
 
 %
 
 %
 
 %
 
28.3
%
Selling and Administrative Expenses
 
$
48.0

 
$
(1.2
)
 
$

 
$
(1.4
)
 
$
(6.9
)
 
$
(7.4
)
 
$
31.1

Selling and Administrative Expenses (% of sales)
 
18.2
%
 
(0.5
)%
 
%
 
(0.5
)%
 
(2.6
)%
 
(2.8
)%
 
11.8
%
Income from Operations
 
$
19.1

 
$
2.5

 
$
2.6

 
$
1.4

 
$
6.9

 
$
7.4

 
$
39.9

Net Income
 
$
14.6

 
$
2.1

 
$
2.2

 
$
1.2

 
$
5.7

 
$
6.1

 
$
31.9

Diluted Earnings per Share
 
$
0.39

 
$
0.06

 
$
0.06

 
$
0.03

 
$
0.15

 
$
0.16

 
$
0.85





Reconciliation of Non-GAAP Financial Measures for the Six Months Ended October 26, 2019
 
 
 
 
 
 
Acquisition-Related Costs
 
 
 
 
 
 
U.S. GAAP
(As Reported)
 
Expense for Initiatives to Reduce Overall Costs and Improve Operational Profitability
 

Purchase Accounting Adjustments Related to Inventory
 
Severance
 
Other
 
Long-term Incentive Plan Accrual Adjustment
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
144.4

 
$
0.2

 
$

 
$

 
$

 
$

 
$
144.6

Gross Margin (% of sales)
 
27.4
%
 
 %
 
%
 
%
 
%
 
%
 
27.4
%
Selling and Administrative Expenses
 
$
65.6

 
$
(0.3
)
 
$

 
$

 
$

 
$

 
$
65.3

Selling and Administrative Expenses (% of sales)
 
12.4
%
 
(0.1
)%
 
%
 
%
 
%
 
%
 
12.3
%
Income from Operations
 
$
69.3

 
$
0.5

 
$

 
$

 
$

 
$

 
$
69.8

Net Income
 
$
52.1

 
$
0.4

 
$

 
$

 
$

 
$

 
$
52.5

Diluted Earnings per Share
 
$
1.38

 
$
0.01

 
$

 
$

 
$

 
$

 
$
1.39

Reconciliation of Non-GAAP Financial Measures for the Six Months Ended October 27, 2018
 
 
 
 
 
 
Acquisition-Related Costs
 
 
 
 
 
 
U.S. GAAP
(As Reported)
 
Expense for Initiatives to Reduce Overall Costs and Improve Operational Profitability
 

Purchase Accounting Adjustments Related to Inventory
 
Severance
 
Other
 
Long-term Incentive Plan Accrual Adjustment
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
130.9

 
$
1.5

 
$
2.6

 
$

 
$

 
$

 
$
135.0

Gross Margin (% of sales)
 
26.9
%
 
0.3
 %
 
0.5
%
 
 %
 
 %
 
 %
 
27.7
%
Selling and Administrative Expenses
 
$
77.5

 
$
(1.8
)
 
$

 
$
(1.4
)
 
$
(7.5
)
 
$
(7.4
)
 
$
59.4

Selling and Administrative Expenses (% of sales)
 
15.9
%
 
(0.4
)%
 
%
 
(0.3
)%
 
(1.5
)%
 
(1.5
)%
 
12.2
%
Income from Operations
 
$
47.8

 
$
3.3

 
$
2.6

 
$
1.4

 
$
7.5

 
$
7.4

 
$
70.0

Net Income
 
$
38.3

 
$
2.8

 
$
2.2

 
$
1.2

 
$
6.3

 
$
6.2

 
$
57.0

Diluted Earnings per Share
 
$
1.02

 
$
0.07

 
$
0.06

 
$
0.03

 
$
0.17

 
$
0.16

 
$
1.51






Reconciliation of EBITDA and Adjusted EBITDA to Net Income
(in millions)
 
 
Three Months Ended
 
Six Months Ended
 
 
October 26,
2019
 
October 27,
2018
 
October 26,
2019
 
October 27,
2018
Net Income
 
$
23.8

 
$
14.6

 
$
52.1

 
$
38.3

Income Tax Expense
 
5.2

 
3.0

 
12.5

 
7.5

Interest Expense, Net
 
2.7

 
1.6

 
5.6

 
1.8

Amortization of Intangibles
 
4.7

 
3.7

 
9.5

 
5.6

Depreciation
 
7.2

 
6.3

 
14.2

 
12.8

EBITDA
 
43.6

 
29.2

 
93.9

 
66.0

Expense for Initiatives to Reduce Overall Costs and Improve Operational Profitability
 
0.5

 
2.5

 
0.5

 
3.3

Acquisition-related Costs - Purchase Accounting Adjustments Related to Inventory
 

 
2.6

 

 
2.6

Acquisition-related Costs - Severance
 

 
1.4

 

 
1.4

Acquisition-related Costs - Other
 

 
6.9

 

 
7.5

Long-term Incentive Plan Accrual Adjustment due to change in Fiscal 2020 EBITDA estimate
 

 
7.4

 

 
7.4

Adjusted EBITDA
 
$
44.1

 
$
50.0

 
$
94.4

 
$
88.2

Reconciliation of Free Cash Flow to Net Income
(in millions)
 
 
Three Months Ended
 
Six Months Ended
 
 
October 26,
2019
 
October 27,
2018
 
October 26,
2019
 
October 27,
2018
Net Income
 
$
23.8

 
$
14.6

 
$
52.1

 
$
38.3

Amortization of Intangibles
 
4.7

 
3.7

 
9.5

 
5.6

Depreciation
 
7.2

 
6.3

 
14.2

 
12.8

Purchases of Property, Plant and Equipment
 
(13.6
)
 
(10.4
)
 
(26.8
)
 
(28.6
)
Free Cash Flow
 
$
22.1

 
$
14.2

 
$
49.0

 
$
28.1



EX-101.SCH 3 mei-20191205.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001000 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 mei-20191205_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 mei-20191205_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 mei-20191205_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Cover page. Document Type Document Type Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Amendment Flag Amendment Flag Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre-commencement Tender Offer Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security Title of 12(b) Security Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Emerging Growth Company Entity Emerging Growth Company EX-101.PRE 7 mei-20191205_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 8 meilogoa01.jpg METHODE ELCTRONICS, INC. LOGO begin 644 meilogoa01.jpg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end XML 10 R1.htm IDEA: XBRL DOCUMENT v3.19.3
Cover Page
Dec. 05, 2019
Cover page.  
Document Type 8-K
Document Period End Date Dec. 05, 2019
Entity Registrant Name METHODE ELECTRONICS, INC.
Entity Central Index Key 0000065270
Amendment Flag false
Entity Incorporation, State or Country Code DE
Entity File Number 0-2816
Entity Tax Identification Number 36-2090085
Entity Address, Address Line One 8750 West Bryn Mawr Avenue
Entity Address, City or Town Chicago
Entity Address, State or Province IL
Entity Address, Postal Zip Code 60631
City Area Code 708
Local Phone Number 867-6777
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.50 par value
Trading Symbol MEI
Security Exchange Name NYSE
Entity Emerging Growth Company false
ZIP 11 0000065270-19-000039-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000065270-19-000039-xbrl.zip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inancial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 13 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 14 methodeelectronicsinc8_htm.xml IDEA: XBRL DOCUMENT 0000065270 2019-12-05 2019-12-05 false 0000065270 8-K 2019-12-05 METHODE ELECTRONICS, INC. DE 0-2816 36-2090085 8750 West Bryn Mawr Avenue Chicago IL 60631 708 867-6777 false false false false Common Stock, $0.50 par value MEI NYSE false XML 15 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3 html 1 97 1 false 0 0 false 0 false false R1.htm 0001000 - Document - Cover Page Sheet http://www.methode.com/role/CoverPage Cover Page Cover 1 false false All Reports Book All Reports methodeelectronicsinc8.htm mei-20191205.xsd mei-20191205_cal.xml mei-20191205_def.xml mei-20191205_lab.xml mei-20191205_pre.xml pressrelease120519.htm http://xbrl.sec.gov/dei/2019-01-31 true true JSON 16 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "methodeelectronicsinc8.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "calculationLink": { "local": [ "mei-20191205_cal.xml" ] }, "definitionLink": { "local": [ "mei-20191205_def.xml" ], "remote": [ "http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-eedm-def-2018-01-31.xml", "http://xbrl.fasb.org/srt/2018/elts/srt-eedm1-def-2018-01-31.xml" ] }, "inline": { "local": [ "methodeelectronicsinc8.htm" ] }, "labelLink": { "local": [ "mei-20191205_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "mei-20191205_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "mei-20191205.xsd" ], "remote": [ "http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2018/elts/srt-types-2018-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2018/elts/us-roles-2018-01-31.xsd", "http://xbrl.fasb.org/srt/2018/elts/srt-roles-2018-01-31.xsd", "http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2018/elts/us-types-2018-01-31.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "https://xbrl.sec.gov/exch/2018/exch-2018-01-31.xsd", "http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd", "http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2019-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 97, "memberCustom": 0, "memberStandard": 0, "nsprefix": "mei", "nsuri": "http://www.methode.com/20191205", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "methodeelectronicsinc8.htm", "contextRef": "D2020Q3Dec05", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001000 - Document - Cover Page", "role": "http://www.methode.com/role/CoverPage", "shortName": "Cover Page", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "methodeelectronicsinc8.htm", "contextRef": "D2020Q3Dec05", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Cover page.", "label": "Cover page." } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.methode.com/role/CoverPage" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } XML 17 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; }