0000065270-20-000004.txt : 20200305 0000065270-20-000004.hdr.sgml : 20200305 20200305071239 ACCESSION NUMBER: 0000065270-20-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20200305 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20200305 DATE AS OF CHANGE: 20200305 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: 20689621 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 FORM 8-K FILED MARCH 5, 2020 Document
false0000065270 0000065270 2020-03-05 2020-03-05


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): March 5, 2020
_______________
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 March 5, 2020, Methode Electronics, Inc. issued a press release announcing its financial results for the third quarter and nine months ended February 1, 2020. 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 March 5, 2020







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:
March 5, 2020
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 pressrelease030520.htm METHODE ELECTRONICS, INC. PRESS RELEASE DATED MARCH 5, 2020 Exhibit
Exhibit 99.1

meilogoa03.jpg

METHODE ELECTRONICS, INC. REPORTS FISCAL 2020 THIRD-QUARTER RESULTS AND INCREASED ORGANIC SALES GROWTH


Chicago, IL - March 5, 2020 - Methode Electronics, Inc. (NYSE: MEI), a global developer of custom-engineered and application-specific products and solutions, announced financial results for the third quarter of Fiscal 2020 ended February 1, 2020.

For the third quarter ended February 1, 2020, the Company's accounting period included 14 weeks compared to 13 weeks for the third quarter ended January 26, 2019. For the nine months ended February 1, 2020, the Company's accounting period included 40 weeks compared to 39 weeks for the nine months ended January 26, 2019. The following discussions of comparative results among periods should be reviewed in this context.

Financial Results for the Third Quarter of Fiscal 2020
Net sales in the third quarter of Fiscal 2020 increased $39.0 million, or 15.8 percent, to $285.9 million from $246.9 million in the same quarter of Fiscal 2019. The increase in net sales was largely due to higher sales in the Automotive segment.

GAAP net income increased $10.5 million to $41.2 million, or $1.09 per share, in the third quarter of Fiscal 2020 from $30.7 million, or $0.82 per share, in the same period of Fiscal 2019. GAAP net income in the third quarter of Fiscal 2020 was higher mainly due to increased gross profit in the Automotive segment.

Adjusted net income, a non-GAAP financial measure, was $39.4 million, or $1.05 per share, in the third quarter of Fiscal 2020 compared to $31.3 million, or $0.83 per share, in the same period of Fiscal 2019. Adjusted net income excludes expenses for initiatives to reduce overall costs and improve operational profitability and purchase accounting adjustments in the applicable periods.

Year over year, Fiscal 2020 third quarter GAAP net income benefitted from:
higher sales ($37.4 million) and gross profit ($13.2 million) from the Automotive segment;
the recognition of Grakon acquisition-related costs ($0.8 million) and purchase accounting adjustments related to inventory ($3.0 million) totaling $3.8 million in the third quarter of Fiscal 2019;
the benefit of initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019 of $2.7 million;
lower net interest expense of $0.8 million; and
lower expense for initiatives to reduce overall costs and improve operational profitability of $1.5 million.

Year over year, Fiscal 2020 third quarter GAAP net income was negatively affected by:
higher income tax expense of $5.8 million; and
the impact of foreign currency translation of $0.4 million.




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


Consolidated gross profit margins increased to 27.7 percent in the third quarter of Fiscal 2020 compared to 26.0 percent in the same period last year. The improvement was due to the benefits realized from the initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019 and purchase accounting adjustments recorded in the third quarter of Fiscal 2019.

Adjusted gross profit margins, a non-GAAP financial measure, were 27.8 percent in the third quarter of Fiscal 2020 compared to 27.7 percent in the same period last year 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 11.5 percent in the third quarter of Fiscal 2020 compared to 13.3 percent in the same period last year. The decrease is attributable to lower employment levels as a result of the initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019, partially offset by higher performance-based compensation.

Adjusted selling and administrative expenses as a percentage of sales, a non-GAAP financial measure, were 11.3 percent in the third quarter of Fiscal 2020 compared to 12.5 percent in the same period last year and exclude expenses for initiatives to reduce overall costs and improve operational profitability and acquisition-related costs in the applicable periods.

Year over year, intangible asset amortization expense in the third quarter of Fiscal 2020 decreased $0.7 million, or 12.7 percent, to $4.8 million, due to lower amortization expense in the Interface segment.

In the Fiscal 2020 third quarter, income tax expense increased $5.8 million to $2.8 million compared to an income tax benefit of $3.0 million in the Fiscal 2019 third quarter. The Company’s effective tax rate was 6.4 percent in the Fiscal 2020 period compared to a benefit of (10.4) percent in the previous third quarter. The increase primarily related to higher pre-tax income in the Fiscal 2020 third quarter, partially offset by favorable adjustments due to U.S. Tax Reform from IRS regulations issued in December 2019, resulting in a lower quarterly effective tax rate. The prior year comparable period included a tax benefit related to the finalization of the transition tax from U.S. Tax Reform.

EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization of Intangibles), a non-GAAP financial measure, was $58.7 million in the third quarter of Fiscal 2020 compared to $43.1 million in the Fiscal 2019 period.

Adjusted EBITDA, a non-GAAP financial measure, which excludes expenses for initiatives to reduce overall costs and improve operational profitability and acquisition-related costs (including purchase accounting adjustments) from EBITDA, was $59.8 million in the third quarter of Fiscal 2020 compared to $49.5 million in the Fiscal 2019 period.

Segment Comparisons (GAAP Reported)
Comparing the Automotive segment's Fiscal 2020 third quarter to the same period of Fiscal 2019,
Net sales increased 21.6 percent, or $37.4 million, attributable to:
a 20.2 percent sales increase in North America primarily due to higher sales volumes of integrated center stack and human machine interface assembly products and higher sales from Grakon's automotive lighting products;
a 30.0 percent sales increase in Europe due to higher sales volumes of sensor and switch products; and



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


a 11.2 percent sales increase in Asia attributable to an increase in touchscreen sales volumes to an Asian automotive OEM, partially offset by decreased sales volumes of transmission lead-frame assemblies and sensor products.
Gross profit margins increased to 26.2 percent from 24.2 percent primarily due to increased sales volumes.
Income from operations increased $12.2 million, or 45.2 percent, primarily due to higher gross profit and the benefit from initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019.

Comparing the Industrial segment's Fiscal 2020 third quarter to the same period of Fiscal 2019,
Net sales decreased 0.2 percent, or $0.1 million, primarily as a result of foreign currency translation and lower sales volumes from Grakon and radio remote control products, partially offset by higher sales volumes of busbar products.
Gross profit margins increased to 36.4 percent from 33.1 percent primarily due to $3.0 million of purchase accounting adjustments related to the acquisition of Grakon recognized in the third quarter of Fiscal 2019.
Income from operations increased to $13.2 million compared to $8.9 million primarily as a result of higher gross profit, lower selling and administrative expenses and lower intangible asset amortization expense.

Comparing the Interface segment's Fiscal 2020 third quarter to the same period of Fiscal 2019,
Net sales increased 8.8 percent, or $1.2 million, attributable to higher sales volumes of legacy data solution products.
Gross profit margins decreased to 12.1 percent from 16.1 percent due to lower sales volumes of appliance products, partially offset by higher sales volumes of legacy data solution products.
Income from operations increased to $0.7 million from break-even due to lower intangible asset amortization expense and lower selling and administrative expense.

Comparing the Medical segment's Fiscal 2020 third quarter to the same period of Fiscal 2019,
Net sales increased $0.5 million attributable to increased product acceptance.
Loss from operations was $1.6 million compared to $1.7 million. The reduced loss was due to higher gross profit, partially offset by higher selling and administrative expenses.

Financial Results for the Nine Months Ended February 1, 2020
For the nine months ended February 1, 2020, net sales increased $79.0 million, or 10.8 percent, to $813.3 million from $734.3 million in the same period of Fiscal 2019. The acquisition of Grakon increased net sales by $91.9 million. This was partially offset by the adverse impact from the UAW labor strike at GM, which reduced net sales by $28.7 million, and currency rate fluctuations, which reduced net sales by $10.4 million. Excluding the impact on sales from Grakon, the UAW labor strike at GM and currency rate fluctuations, net sales increased by $26.2 million.

GAAP net income increased $24.3 million to $93.3 million, or $2.47 per share, in the nine months ended February 1, 2020 from $69.0 million, or $1.83 per share, in the same period of Fiscal 2019. GAAP net income in the nine months ended February 1, 2020 benefited from a full period of Grakon results, but was also 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 $7.4 million, or $0.20 per share.




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


Adjusted net income, a non-GAAP financial measure, was $91.9 million, or $2.44 per share, in the nine months ended February 1, 2020 compared to $87.9 million, or $2.34 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, GAAP net income in the nine months ended February 1, 2020 benefitted from:
higher sales from Grakon of $91.9 million (consists of nine months of Grakon versus 4.5 months in Fiscal 2019);
lower acquisition-related costs ($9.7 million) and purchase accounting adjustments related to inventory ($5.6 million) totaling $15.3 million;
lower stock award amortization expense due to an accrual adjustment of $7.4 million recorded in the nine months ended January 27, 2019;
lower expense for initiatives to reduce overall costs and improve operational profitability recorded in the nine months ended February 1, 2020 of $1.6 million, versus $5.8 million in the comparable period of Fiscal 2019;
the benefit of initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019 of $8.0 million; and
lower net tariff expense.

Year over year, GAAP net income in the nine months ended February 1, 2020 was negatively affected by:
the adverse impact of the UAW labor strike at GM of $7.4 million;
higher income tax expense of $10.8 million;
increased intangible asset amortization expense of $3.2 million;
higher net interest expense of $3.0 million; and
impact of foreign currency translation of $2.1 million.

Consolidated gross profit margins increased to 27.5 percent in the nine months ended February 1, 2020 compared to 26.6 percent in the same period last year. The improvement was primarily due to higher Grakon sales and purchase accounting adjustments related to Grakon recognized in the prior year period, partially offset by the adverse impact of the UAW labor strike at GM, the impact of foreign currency translation and product mix.

Adjusted gross profit margins, a non-GAAP financial measure, were 27.6 percent in the nine months ended February 1, 2020 compared to 27.8 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 12.1 percent in the nine months ended February 1, 2020 compared to 15.0 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, partially offset by increased performance-based compensation.

Adjusted selling and administrative expenses as a percentage of sales, a non-GAAP financial measure, were 12.0 percent in the nine months ended February 1, 2020 compared to 12.3 percent in the same period of Fiscal 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.



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



Year over year, intangible asset amortization expense in the nine months ended February 1, 2020 increased $3.2 million, or 28.8 percent, to $14.3 million, due to amortization expense related to the Grakon acquisition, partially offset by lower amortization expense in the Interface segment.

In the nine months ended February 1, 2020, income tax expense increased $10.8 million to $15.3 million compared to $4.5 million in the same period of Fiscal 2019. The Company’s effective tax rate increased to 14.1 percent in nine months ended February 1, 2020 from 6.1 percent in the same period of Fiscal 2019. The increase was primarily related to higher pre-tax income from the Grakon acquisition, partially offset by favorable adjustments due to U.S. Tax Reform from IRS regulations issued in December 2019. In addition, the Fiscal 2019 period included a tax benefit related to the finalization of the transition tax from U.S. Tax Reform.

EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization of Intangibles), a non-GAAP financial measure, was $152.6 million in the nine months ended February 1, 2020 compared to $109.1 million in the Fiscal 2019 period. Current period EBITDA was adversely impacted by $7.4 million from the UAW labor strike at GM.

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 $154.2 million in the nine months ended February 1, 2020 compared to $137.6 million in the Fiscal 2019 period. Adjusted EBITDA in the current period was adversely impacted by $7.4 million from the UAW labor strike at GM.

Segment Comparisons (GAAP Reported)
Comparing the Automotive segment's nine months ended February 1, 2020 to the same period of Fiscal 2019,
Net sales increased 4.9 percent, or $26.8 million, attributable to:
a 5.5 percent sales increase in North America primarily due to higher automotive sales from Grakon of $32.1 million, partially offset by the adverse impact from the UAW labor strike at GM of $28.7 million; and
a 8.2 percent sales increase in Europe due to higher sales volumes of sensor and switch products, partially offset by an unfavorable impact of foreign currency translation; partially offset by
a 6.2 percent sales decline in Asia attributable to decreased sensor and lead-frame assembly product volume and an unfavorable impact of foreign currency translation, partially offset by the launch of touchscreen product sales to an Asian automotive OEM.
Gross profit margins decreased to 25.4 percent from 26.1 percent due to the adverse impact from the UAW labor strike at GM which reduced gross profit by $8.7 million, product mix, unfavorable impact of foreign currency translation and lower Asian sales volumes.
Income from operations increased $4.5 million, or 4.7 percent, resulting from higher income from Grakon and the benefits realized from initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019, partially offset by the adverse impact from the UAW labor strike at GM.

Comparing the Industrial segment's nine months ended February 1, 2020 to the same period of Fiscal 2019,



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


Net sales increased 40.1 percent, or $56.0 million, attributable to higher Grakon sales of $59.8 million and an increase in sales volumes of busbar products, partially offset by lower sales volumes of radio remote controls and the impact of foreign currency translation.
Gross profit margins increased to 37.2 percent from 31.8 percent due to higher sales and a favorable product mix from Grakon, partially offset by reduced radio remote control sales volumes and net tariff expense. Gross profit margins in the Fiscal 2019 period were also negatively impacted by $5.6 million of purchase accounting adjustments related to the acquisition of Grakon.
Income from operations increased to $44.8 million compared to $21.1 million resulting from higher income from Grakon, partially offset by lower sales volumes of radio remote control products and the impact of foreign currency translation.

Comparing the Interface segment's nine months ended February 1, 2020 to the same period of Fiscal 2019,
Net sales decreased 9.8 percent, or $4.3 million, attributable to lower appliance product sales volumes.
Gross profit margins decreased to 11.3 percent from 15.0 percent due to lower appliance product sales volumes.
Income from operations increased $0.5 million to $0.7 million due to lower intangible asset amortization expense and benefits from initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019, partially offset by lower gross profit.

Comparing the Medical segment's nine months ended February 1, 2020 to the same period of Fiscal 2019,
Net sales increased $0.5 million attributable to increased product acceptance.
Loss from operations improved to $4.9 million from $6.3 million in the same period of Fiscal 2019, due to the benefits from initiatives to reduce overall costs and improve operational profitability taken in Fiscal 2019 as well as higher gross profit. In the nine months ended January 27, 2019, we incurred $0.9 million of expenses related to initiatives to reduce overall costs and improve operational profitability versus $0.1 million of expenses in the current year period.

Fiscal 2020 Guidance
For Fiscal 2020, Methode reaffirms sales guidance in the range of $1.10 billion to $1.13 billion and 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.

Fiscal 2020 guidance considers:
the launch of a significant amount of previously announced new Automotive business and a laundry program in the Interface segment at anticipated volumes;
the anticipated impact of tariffs on imported Chinese goods at 25 percent and the net costs associated with mitigating those tariffs;
the potential impact in our Fiscal 2020 fourth quarter associated with managing our global operations with respect to the coronavirus; 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:
the potential impact of the coronavirus situation on our business, including the impact on both our customers and suppliers;
sales volumes and timing thereof for certain makes and models of pickup trucks, sports utility vehicles and passenger cars;



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


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;
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 of approximately 16 percent 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, “given the global macro-environment and significant headwinds faced by Methode throughout this fiscal year, I am pleased that our third quarter performance, largely based on organic growth fueled by new program launches and our sensor business, led to solid financial performance." Mr. Duda continued, "aided by the excellent cash generation, we continue to deleverage, reducing debt by over $100 million since the Grakon acquisition. That said, we remain cautious and mindful of the coronavirus situation."

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



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


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 March 12, 2020, by dialing (877) 481-4010 and providing Conference ID number 33352. On the Internet, a replay will be 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 Third-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) potential impact from the coronavirus outbreak; (5) timing, quality and cost of new program launches; (6) ability to withstand price pressure, including pricing reductions; (7) ability to successfully market and sell Dabir Surfaces products; (8) currency fluctuations; (9) customary risks related to conducting global operations; (10) ability to withstand business interruptions; (11) recognition of goodwill impairment charges; (12) ability to successfully benefit from acquisitions and divestitures; (13) investment in programs prior to the recognition of revenue; (14) dependence on the availability and price of materials; (15) fluctuations in our gross margins; (16) dependence on our supply chain; (17) income tax rate fluctuations; (18) ability to keep pace with rapid technological changes; (19) breach of our information technology systems; (20) ability to avoid design or manufacturing defects; (21) ability to compete effectively; (22) ability to protect our intellectual property; (23) success of Grakon and/or our ability to implement and profit from new applications of the acquired technology; (24) significant adjustments to expense based on the probability of meeting certain performance levels in our long-term incentive plan; (25) ability to manage our debt levels and any restrictions thereunder; and (26) 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
 
Nine Months Ended
 
 
February 1,
2020
 
January 26,
2019
 
February 1,
2020
 
January 26,
2019
 
 
(14 Weeks)
 
(13 Weeks)
 
(40 Weeks)
 
(39 Weeks)
Net Sales
 
$
285.9

 
$
246.9

 
$
813.3

 
$
734.3

 
 
 
 
 
 
 
 
 
Cost of Products Sold
 
206.6

 
182.6

 
589.6

 
539.1

 
 
 
 
 
 
 
 
 
Gross Profit
 
79.3

 
64.3

 
223.7

 
195.2

 
 
 
 
 
 
 
 
 
Selling and Administrative Expenses
 
33.0

 
32.8

 
98.6

 
110.3

Amortization of Intangibles
 
4.8

 
5.5

 
14.3

 
11.1

 
 

 

 

 

Income from Operations
 
41.5

 
26.0

 
110.8

 
73.8

 
 
 
 
 
 
 
 
 
Interest Expense, Net
 
2.4

 
3.2

 
8.0

 
5.0

Other Income, Net
 
(4.9
)
 
(4.9
)
 
(5.8
)
 
(4.7
)
 
 

 

 

 

Income before Income Taxes
 
44.0

 
27.7

 
108.6

 
73.5

 
 
 
 
 
 
 
 
 
Income Tax Expense (Benefit)
 
2.8

 
(3.0
)
 
15.3

 
4.5

 
 


 


 


 


Net Income
 
$
41.2

 
$
30.7

 
$
93.3

 
$
69.0

 
 
 
 
 
 
 
 
 
Basic and Diluted Income per Share:
 
 

 
 

 


 


Basic
 
$
1.10

 
$
0.82

 
$
2.48

 
$
1.84

Diluted
 
$
1.09

 
$
0.82

 
$
2.47

 
$
1.83

 
 
 
 
 
 
 
 
 
Cash Dividends per Share
 
$
0.11

 
$
0.11

 
$
0.33

 
$
0.33

 
 
 
 
 
 
 
 
 
Weighted Average Number of Shares Outstanding:
 
 

 
 

 
 
 
 
Basic
 
37,587,742

 
37,405,550

 
37,570,423

 
37,387,181

Diluted
 
37,753,971

 
37,654,250

 
37,720,516

 
37,637,470








METHODE ELECTRONICS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions, except share and per-share data)
 
 
February 1,
2020
 
April 27,
2019
 
 
(Unaudited)
 
 
ASSETS
 
 

 
 

CURRENT ASSETS
 
 

 
 

Cash and Cash Equivalents
 
$
79.9

 
$
83.2

Accounts Receivable, Net
 
227.9

 
219.3

Inventories
 
126.1

 
116.7

Income Tax Receivable
 
9.7

 
14.3

Prepaid Expenses and Other Current Assets
 
20.3

 
20.0

TOTAL CURRENT ASSETS
 
463.9

 
453.5

LONG-TERM ASSETS
 
 
 
 
Property, Plant and Equipment, Net
 
199.0

 
191.9

Goodwill
 
233.2

 
233.3

Other Intangible Assets, Net
 
251.0

 
264.9

Operating Lease Assets, Net
 
27.3

 

Deferred Tax Assets
 
34.3

 
34.3

Pre-production Costs
 
39.9

 
32.8

Other Long-term Assets
 
33.7

 
21.0

TOTAL LONG-TERM ASSETS
 
818.4

 
778.2

TOTAL ASSETS
 
$
1,282.3

 
$
1,231.7

 
 
 
 
 
LIABILITIES & SHAREHOLDERS' EQUITY
 
 

 
 

CURRENT LIABILITIES
 
 

 
 

Accounts Payable
 
$
88.8

 
$
91.9

Accrued Employee Liabilities
 
19.7

 
20.1

Other Accrued Expenses
 
22.6

 
33.9

Short-term Operating Lease Liability
 
6.0

 

Short-term Debt
 
15.1

 
15.7

Income Tax Payable
 
11.4

 
19.3

TOTAL CURRENT LIABILITIES
 
163.6

 
180.9

LONG-TERM LIABILITIES
 
 
 
 
Long-term Debt
 
241.9

 
276.9

Long-term Operating Lease Liability
 
21.9

 

Long-term Income Tax Payable
 
29.3

 
33.0

Other Long-term Liabilities
 
16.9

 
14.8

Deferred Tax Liabilities
 
35.8

 
36.4

TOTAL LONG-TERM LIABILITIES
 
345.8

 
361.1

TOTAL LIABILITIES
 
509.4

 
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 February 1, 2020 and April 27, 2019, respectively
 
19.2

 
19.2

Additional Paid-in Capital
 
156.0

 
150.4

Accumulated Other Comprehensive Loss
 
(16.4
)
 
(13.6
)
Treasury Stock, 1,346,624 shares as of February 1, 2020 and April 27, 2019
 
(11.5
)
 
(11.5
)
Retained Earnings
 
625.6

 
545.2

TOTAL SHAREHOLDERS' EQUITY
 
772.9

 
689.7

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
 
$
1,282.3

 
$
1,231.7





METHODE ELECTRONICS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(in millions)
 
 
 
Nine Months Ended
 
 
February 1,
2020
 
January 26,
2019
 
 
(40 Weeks)
 
(39 Weeks)
OPERATING ACTIVITIES
 
 

 
 

Net Income
 
$
93.3

 
$
69.0

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

 
 

Depreciation and Amortization
 
36.0

 
30.6

Stock-based Compensation Expense
 
5.6

 
11.7

Change in Cash Surrender Value of Life Insurance
 
(0.6
)
 
(0.2
)
Amortization of Debt Issuance Costs
 
0.5

 
0.3

Gain on Sale of Business / Investment / Property
 
(0.4
)
 
(0.6
)
Other
 
0.3

 
(0.4
)
Changes in Operating Assets and Liabilities:
 
 
 
 
Accounts Receivable
 
(10.5
)
 
12.2

Inventories
 
(9.9
)
 
(10.9
)
Prepaid Expenses and Other Assets
 
(12.8
)
 
(16.5
)
Accounts Payable and Other Liabilities
 
(18.9
)
 
(30.9
)
NET CASH PROVIDED BY OPERATING ACTIVITIES
 
82.6

 
64.3

 
 
 
 
 
INVESTING ACTIVITIES
 
 

 
 

Purchases of Property, Plant and Equipment
 
(34.9
)
 
(37.0
)
Acquisitions of Businesses, Net of Cash Acquired
 

 
(421.6
)
Sale of Business/Investment/Property
 
0.5

 
0.3

NET CASH USED IN INVESTING ACTIVITIES
 
(34.4
)
 
(458.3
)
 
 
 
 
 
FINANCING ACTIVITIES
 
 

 
 

Taxes Paid Related to Net Share Settlement of Equity Awards
 
(0.4
)
 
(1.7
)
Repayments of Finance Leases
 
(0.5
)
 

Cash Dividends
 
(12.2
)
 
(12.7
)
Proceeds from Borrowings
 
57.3

 
350.0

Repayments of Borrowings
 
(93.9
)
 
(103.3
)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES
 
(49.7
)
 
232.3

Effect of Foreign Currency Exchange Rate Changes on Cash and Cash Equivalents
 
(1.8
)
 
(10.7
)
DECREASE IN CASH AND CASH EQUIVALENTS
 
(3.3
)
 
(172.4
)
Cash and Cash Equivalents at Beginning of the Year
 
83.2

 
246.1

CASH AND CASH EQUIVALENTS AT END OF THE PERIOD
 
$
79.9

 
$
73.7

 
 
 
 
 
SUPPLEMENTAL CASH FLOW INFORMATION
 
 
 
 
Cash Paid During the Period For:
 
 
 
 
Interest
 
$
7.6

 
$
5.6

Income Taxes, Net of Refunds
 
$
16.2

 
$
18.7





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

Reconciliation of Non-GAAP Financial Measures for the Three Months Ended February 1, 2020 (14 Weeks)
 
 
 
 
 
 
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
 
Transition tax and the impact of revaluing deferred taxes due to the change in the federal tax rate from U.S. Tax Reform
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
79.3

 
$
0.4

 
$

 
$

 
$

 
$

 
$
79.7

Gross Margin (% of sales)
 
27.7
%
 
0.1
 %
 
%
 
%
 
%
 
%
 
27.8
%
Selling and Administrative Expenses
 
$
33.0

 
$
(0.7
)
 
$

 
$

 
$

 
$

 
$
32.3

Selling and Administrative Expenses (% of sales)
 
11.5
%
 
(0.2
)%
 
%
 
%
 
%
 
%
 
11.3
%
Income from Operations
 
$
41.5

 
$
1.1

 
$

 
$

 
$

 
$

 
$
42.6

Net Income
 
$
41.2

 
$
1.0

 
$

 
$

 
$

 
$
(2.8
)
 
$
39.4

Diluted Earnings per Share
 
$
1.09

 
$
0.03

 
$

 
$

 
$

 
$
(0.07
)
 
$
1.05

Reconciliation of Non-GAAP Financial Measures for the Three Months Ended January 26, 2019 (13 Weeks)
 
 
 
 
 
 
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
 
Transition tax and the impact of revaluing deferred taxes due to the change in the federal tax rate from U.S. Tax Reform
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
64.3

 
$
1.3

 
$
3.0

 
$

 
$

 
$

 
$
68.6

Gross Margin (% of sales)
 
26.0
%
 
0.5
 %
 
1.2
%
 
%
 
 %
 
%
 
27.7
%
Selling and Administrative Expenses
 
$
32.8

 
$
(1.3
)
 
$

 
$
(0.1
)
 
$
(0.7
)
 
$

 
$
30.7

Selling and Administrative Expenses (% of sales)
 
13.3
%
 
(0.5
)%
 
%
 
%
 
(0.3
)%
 
%
 
12.5
%
Income from Operations
 
$
26.0

 
$
2.6

 
$
3.0

 
$
0.1

 
$
0.7

 
$

 
$
32.4

Net Income
 
$
30.7

 
$
2.2

 
$
2.5

 
$
0.1

 
$
0.6

 
$
(4.8
)
 
$
31.3

Diluted Earnings per Share
 
$
0.82

 
$
0.06

 
$
0.07

 
$

 
$
0.01

 
$
(0.13
)
 
$
0.83





Reconciliation of Non-GAAP Financial Measures for the Nine Months Ended February 1, 2020 (40 Weeks)
 
 
 
 
 
 
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
 
Transition tax and the impact of revaluing deferred taxes due to the change in the federal tax rate from U.S. Tax Reform
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
223.7

 
$
0.6

 
$

 
$

 
$

 
$

 
$

 
$
224.3

Gross Margin (% of sales)
 
27.5
%
 
0.1
 %
 
%
 
%
 
%
 
%
 
%
 
27.6
%
Selling and Administrative Expenses
 
$
98.6

 
$
(1.0
)
 
$

 
$

 
$

 
$

 
$

 
$
97.6

Selling and Administrative Expenses (% of sales)
 
12.1
%
 
(0.1
)%
 
%
 
%
 
%
 
%
 
%
 
12.0
%
Income from Operations
 
$
110.8

 
$
1.6

 
$

 
$

 
$

 
$

 
$

 
$
112.4

Net Income
 
$
93.3

 
$
1.4

 
$

 
$

 
$

 
$

 
$
(2.8
)
 
$
91.9

Diluted Earnings per Share
 
$
2.47

 
$
0.04

 
$

 
$

 
$

 
$

 
$
(0.07
)
 
$
2.44

Reconciliation of Non-GAAP Financial Measures for the Nine Months Ended January 26, 2019 (39 Weeks)
 
 
 
 
 
 
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
 
Transition tax and the impact of revaluing deferred taxes due to the change in the federal tax rate from U.S. Tax Reform
 
Non-U.S. GAAP Financial Measures
Gross Profit
 
$
195.2

 
$
2.7

 
$
5.6

 
$

 
$

 
$

 
$

 
$
203.5

Gross Margin (% of sales)
 
26.6
%
 
0.4
 %
 
0.8
%
 
 %
 
 %
 
 %
 
%
 
27.8
%
Selling and Administrative Expenses
 
$
110.3

 
$
(3.1
)
 
$

 
$
(1.5
)
 
$
(8.2
)
 
$
(7.4
)
 
$

 
$
90.1

Selling and Administrative Expenses (% of sales)
 
15.0
%
 
(0.4
)%
 
%
 
(0.2
)%
 
(1.1
)%
 
(1.0
)%
 
%
 
12.3
%
Income from Operations
 
$
73.8

 
$
5.8

 
$
5.6

 
$
1.5

 
$
8.2

 
$
7.4

 
$

 
$
102.3

Net Income
 
$
69.0

 
$
4.8

 
$
4.7

 
$
1.2

 
$
6.8

 
$
6.2

 
$
(4.8
)
 
$
87.9

Diluted Earnings per Share
 
$
1.83

 
$
0.13

 
$
0.13

 
$
0.03

 
$
0.18

 
$
0.17

 
$
(0.13
)
 
$
2.34






Reconciliation of EBITDA and Adjusted EBITDA to Net Income
(in millions)
 
 
Three Months Ended
 
Nine Months Ended
 
 
February 1,
2020
 
January 26,
2019
 
February 1,
2020
 
January 26,
2019
 
 
(14 Weeks)
 
(13 Weeks)
 
(40 Weeks)
 
(39 Weeks)
Net Income
 
$
41.2

 
$
30.7

 
$
93.3

 
$
69.0

Income Tax Expense (Benefit)
 
2.8

 
(3.0
)
 
15.3

 
4.5

Interest Expense, Net
 
2.4

 
3.2

 
8.0

 
5.0

Amortization of Intangibles
 
4.8

 
5.5

 
14.3

 
11.1

Depreciation
 
7.5

 
6.7

 
21.7

 
19.5

EBITDA
 
58.7

 
43.1

 
152.6

 
109.1

Expense for Initiatives to Reduce Overall Costs and Improve Operational Profitability
 
1.1

 
2.6

 
1.6

 
5.8

Acquisition-related Costs - Purchase Accounting Adjustments Related to Inventory
 

 
3.0

 

 
5.6

Acquisition-related Costs - Severance
 

 
0.1

 

 
1.5

Acquisition-related Costs - Other
 

 
0.7

 

 
8.2

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

 

 

 
7.4

Adjusted EBITDA
 
$
59.8

 
$
49.5

 
$
154.2

 
$
137.6

Reconciliation of Free Cash Flow to Net Income
(in millions)
 
 
Three Months Ended
 
Nine Months Ended
 
 
February 1,
2020
 
January 26,
2019
 
February 1,
2020
 
January 26,
2019
 
 
(14 Weeks)
 
(13 Weeks)
 
(40 Weeks)
 
(39 Weeks)
Net Income
 
$
41.2

 
$
30.7

 
$
93.3

 
$
69.0

Amortization of Intangibles
 
4.8

 
5.5

 
14.3

 
11.1

Depreciation
 
7.5

 
6.7

 
21.7

 
19.5

Purchases of Property, Plant and Equipment
 
(8.1
)
 
(8.4
)
 
(34.9
)
 
(37.0
)
Free Cash Flow
 
$
45.4

 
$
34.5

 
$
94.4

 
$
62.6



EX-101.SCH 3 mei-20200305.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001000 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 mei-20200305_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 mei-20200305_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 mei-20200305_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Cover page. Entity Central Index Key Entity Central Index Key Amendment Flag Amendment Flag Document Type Document Type Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name 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-20200305_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 8 meilogoa03.jpg METHODE ELECTRONICS, INC. LOGO begin 644 meilogoa03.jpg M_]C_X 02D9)1@ ! 0$ E@"6 #_VP!# ," @," @,# P,$ P,$!0@%!00$ M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_ MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04 M%!04%!04%!04%!04%!04%!04%!04%!3_P 1" "6 BT# 2( A$! Q$!_\0 M'P 04! 0$! 0$ $" P0%!@<("0H+_\0 M1 @$# P($ P4% M! 0 %] 0(# 01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D* M%A<8&1HE)B7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$ P$! 0$! M 0$! 0 $" P0%!@<("0H+_\0 M1$ @$"! 0#! <%! 0 0)W $" M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,! (1 Q$ /P#]4Z*** "B MBB@ HHHH IZOK%EH&EW6HZC=1V5C:QF6:XF;:J*.I)KXC^,W[;NLZU>3Z=X% M']D:8I*_VE(@-S-[J#P@_,^XZ5)^VY\:I-:UY? NE7&-.L"'U!HSQ+/U"'V0 M?^/'VKY3KZ/ X*/*JM57;V1\?F693YW1HNR6[-77?%>M>)[AI]7U:]U.5CDM M=3M)_,UE5UW@GX2^+_B*DDGAW0+S4X8SM:>--L0/IO;"Y]LYKK?^&4?BI_T* M<_\ W_A_^+KUW5I0]UR2/GU1KU%S*+?R9Y)17K?_ RC\5/^A3G_ ._\/_Q= M'_#*/Q4_Z%.?_O\ P_\ Q=+ZQ1_G7WHKZKB/^?;^YGDE%>M_\,H_%3_H4Y_^ M_P##_P#%T?\ #*/Q4_Z%.?\ [_P__%T?6*/\Z^]!]5Q'_/M_ M24 DE M_.OO0?5<1_S[?W,YOP7\:/&OP_N(Y-%\17UO&I_X]I)3)"?8QME?TK[9_9W_ M &KM/^+$D6A:Y%%I/B?;^["'$-Y@<[,\JW^R?P/8? &N:#J/AG4YM.U:QGTZ M^A.)+>YC*.OX&JUC?7&FWD%W:S/;W,#K+%+&<,C Y!![$$5C7PM+$1VU[G3A M<=6PD][KJG_6A^Q5%>=_ /XF?\+8^&.E:Y(5^W@&VO57C$R8#'';((;_ (%7 MHE?'SBX2<9;H_0:=2-6"G'9A1114&@4444 %%%% !1110 4444 %%%% !111 M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %>2_\"(X/H!7?@\/]8JV>RW/+S'%_5:+:^)Z+_/Y'CM[>3ZC>3W5 MS*T]S/(TLLKG+.S'))/J2:[+X,_#&[^+7Q TW0+?OT4_8_^#H^&_P /UUB_@V:[KBK/)O'S0P=8X_;.=Q]R/2OI,77^KTFU MN]CXW+\*\7747LM7_7F>V>'] T_PMHMII.E6L=EI]I&(H88Q@*H_KZGO5UI4 M4X9U!]S6'X\\9Z?\/?".I^(-3?;:6,)D*@\R-T5%]V. /K7Y5^-O&6H^//%> MIZ_J4I:\OIFE8 \(.RCV P!]*^=PN$EBKR;LNY]?CN_P#LG^_^'_!/ M*_M[_IW^/_ /V'HHKR[]HKXN1_!_XH0NO]LW>;;3XSS^\(Y?'H@^;ZX'> MO"A!U)*$=V?3U*D:,'4GLCT[SHQP9%_,4GGQ_P#/1?\ OH5^/-Q>3W5Q+/-, M\LTK%W=F)+,3DDGU)J/S'_O-^=>[_9/]_P##_@GS']O?]._Q_P" ?L5Y\?\ MST7_ +Z%/#!AD'(K\^H M2R:#XRL68F"&YMYT7L&=75C^4:_E7UQ7QY_P3S_X]?''^_9_RFK[#KP\?_O, MOE^2/I$7\N3[DUR-C8SZG?6]G:Q-/=7$B MQ111C+.[' 'J2:^RPE!8>DD]^I^=8_%/%UW);+1?UYGLO[*/P=_X6I\1([F M^@\S0-'*W-WN'RR-G]W%_P "(R1Z*:_2/IP*\]^ _P *X/A#\.[#10J'4''V MB_F7_EI.P&[GN%&%'L*9\>_BM!\(?AS?ZQN0ZE*/L^GPM_'.P.#CN%&6/T]Z M^>Q566+K\L-MD?78*A' 8;FJ:/=_Y'RY^W!\8CX@\10^"-,FSI^EMYM\R'B2 MX(X3Z(#^;'TKY8J:]O)]1O)[NYE:>YG=I997.6=F.22?4DU#7T]&DJ--070^ M(Q->6)JNK+J%3V'_ !_6_P#UT7^=05/8?\?UO_UT7^=;G.MS]AIIDMXGEE=8 MXT4LSLKD9^FT=J^G M_P!M;XS?\(?X33PAID^W5M9C/VDHWS0VO0_BYROT#5\$5X66X?E7MI==CZ?. M<7S2^KP>BW_R"BBBO=/EPK]2_P!G?_DAW@G_ +!D7\J_+2OU+_9W_P"2'>"? M^P9%_*O%S7^''U/I,C_C3]/U.3_;._Y(+J__ %\6_P#Z,%?G!7ZS?$SXT95D!5LC!((_2O%?\ A@GX?_\ 04U__P "(?\ XU7+ M@L92H4N2>]SMS++Z^*K*=.UK'(?\$\_^/7QQ_OV?\IJ^PZ\W^#GP'T#X(QZJ MFAW5_-.>ZO\ MF%%%%:3U8GMZ = .P%>SEN']I/VLME^9\[G&+]E3]A'>6_I_P $S*^K/V'? M@X=K.WL!DGZ5^JO@GPAI_@+PKIF@:9'LL[&%8E)ZN?XG/N3DGZUZ&8XC MV=/V<=W^1Y.483VU7VLOAC^?_ -LG')X%?FU^U9\8C\5/B++!93[]!T@M:V@ M4_+(V?WDO_ B,#V45]5?M@?&+_A7'P_;1["?R]=UQ6@CV'YH8.DDGMG.T?4X MZ5^==<^6X?\ Y?2^1UYUB]5AH>K_ $7ZA1117OGR@5);R^1<12$;@C!L>N#4 M=% '2?$7QU?_ !)\9:IXBU)O](O)2PCSD1H.$0>P4 ?A7-T44HI122V*E)R; ME+=A1113)"OU+_9W_P"2'>"?^P9%_*ORTK]2_P!G?_DAW@G_ +!D7\J\7-?X M18UW.P5?5CBH_MD'_/>/_OL5XE^V@Q3X#:H5)!^U6_3_ M *Z"OSF^T2_\]&_,UYV%P/UF'/S6^1Z^-S/ZG5]GR7TOO_P#]AOMD'_/>/\ M[[%'VR#_ )[Q_P#?8K\>?M$O_/1OS-'VB7_GHWYFNO\ LG^_^'_!.#^WO^G? MX_\ /V&^V0?\]X_^^Q1]L@_Y[Q_]]BOQY^T2_\ /1OS-'VB7_GHWYFC^R?[ M_P"'_!#^WO\ IW^/_ /V&^V0?\]X_P#OL4Y+B*1MJ2HY]%8&OQW^T2_\]&_, MU] _L/2/)\<$W,6_XEUQU/\ NUE5RWV=-SY]O+_@F]#.?;58T_9VN[;_ / / MT'DGCB(#R*A_VF IOVR#_GO'_P!]BOA__@H!(\?C[PUM9E_XEK=#_P!-6KY9 M^T2_\]&_,TJ.7>VIJISVOY?\$K$YQ]7K2I?_ #]AOMD'_/>/_OL4?;( M/^>\?_?8K\>?M$O_ #T;\S1]HE_YZ-^9K;^R?[_X?\$YO[>_Z=_C_P _8;[ M9!_SWC_[[%'VR#_GO'_WV*_'G[1+_P ]&_,T?:)?^>C?F:/[)_O_ (?\$/[> M_P"G?X_\ _8;[9!_SWC_ .^Q1]L@_P">\?\ WV*_'G[1+_ST;\S3[>XE\Z/] MXWWAW/K1_9/]_P##_@A_;W_3O\?^ ?L06"J6) '7-1?;(/\ GO'_ -]BN ^* M+%?V??%!!P?^$;N.?^W9J_+C[1+_ ,]&_,UQ87!?64WS6MY'I8[,OJ/_OL5^8W[2\TB_';QD [ ?;3QG_96O,OM$O\ ST;\ MS7NPROGBI<^_E_P3Y>IG?LYRA[/9VW_X!^PZW4,C!5E1F/0!@34M?F/^RU-( MWQ^\'@NQ'VF3@G_IC)7Z<5Y^*P_U::C>]SU\#C/KE-SY;6=@HKR_XU?M!>&_ M@K8*+]FO]8F7=;Z7;L/,8?WG/\"^YZ]@:^)OB%^UM\0?'DTJ1:F= TYB0MII M9,>%_P!J3[S'\0/856'P57$+F6B[F>*S*AA7RO679'Z.:AK>G:1&7OK^ULD_ MO7$RQC\R:YRX^,?@*U8K+XU\/HPZK_:<.1_X]7Y3WVHW6IW#3WES-=3M]Z29 MR['ZDU7KTXY5'[4_P/%EGLOLT_Q/UDM/BUX'OG"6_C'09G/14U.$G\MU=+:7 MUM?QB2VN(KF,\AX7# _B*_':M#1_$6J>';@3Z7J-UITV<[[69HS^8-$LJ7V9 M_@..>R^W3_$_8"BOSW^&7[:WC/PC<16_B$KXHTO.&\_"7*#U60=?HP/U%?;O MPW^)WA_XK>'DU?P_>"XASMFA;B6!\9VNO8_H>U>37PE7#ZR6G<]W"X^CB](. MS[,ZNHFNH58@S1@CJ"PJ6ORK^.<\B_&;QP!(P']M7??_ *;-587#?6I.-[6) MQV-^I1C+EO?Y'ZG?;(/^>\?_ 'V*/MD'_/>/_OL5^//VB7_GHWYFC[1+_P ] M&_,UZ7]D_P!_\/\ @GC?V]_T[_'_ (!^PWVR#_GO'_WV*5;J%NDJ'Z,*_'C[ M1+_ST;\S4D.HW5NVZ*YFB;U1R*/[)_O_ (?\$/[>_P"G?X_\ _8BBOR;T3XM M>-/#LBOIWBC5;8KT5;MRO_?).*]K^'?[='B[P_-%!XGMH/$=AP&E51##3.NEG5";M43C^)]\T5R/PU^*?AWXL:"-4\/WHN$4A9K M=_EF@;^ZZ]OKT/8UUU>3*+B^62LSWHSC4BI1=TR.2XBC;#R(A]&8"F_;(/\ MGO'_ -]BOS__ &Z)73XV1A79?^)5!T/^U)7SS]HE_P">C?F:]FCEOM::GS[^ M7_!/G<1G/L:LJ?L[V??_ (!^PWVR#_GO'_WV*/MD'_/>/_OL5^//VB7_ )Z- M^9H^T2_\]&_,UK_9/]_\/^"8?V]_T[_'_@'[#?;(/^>\?_?8H^V0?\]X_P#O ML5^//VB7_GHWYFC[1+_ST;\S1_9/]_\ #_@A_;W_ $[_ !_X!^PWVR#_ )[Q M_P#?8J1)%D7^445Y+^TQ\7E^$?PXN;FVE":YJ&ZUT]>Z MN1\TF/1!S]2OK7G4X2J24([L]BK4C1@ZD]D?+/[:7QC/C;QHOA;3I]VCZ([+ M*4.1-==&/T4?*/?=ZU\WTZ21YI&DD9G=CN9F.22>I)KT?]G_ .$\WQ?^(UCI M+*PTN$_:=0E7C;"I&1GU8X4?7/:OLX1AA:5NB/SBI.IC:]^LF?4?[$/P;_X1 MOPW-XVU.#&HZJOEV2N.8K8'EA[N1^0'K7TSJVK6FA:7=ZC?SK;65I$TTTSG M1%&2?R%2VEK#86L-M;1+#;PHL<<:#"HH& /0 5\F?MS?&/^S]/@\ Z9/^_N M@MQJ;(?NQYS'%^)&X^P7UKY=<^.Q'K^"/N&Z>6X3T_%GS!\:/B;=?%KX@ZEK M\^Y+=V\JTA8_ZJ!%M0\(WT%IJ<7D7,UM%=",]521 ZY]#M(X]ZR:2::NAM.+LPK]2 M_P!G?_DAW@G_ +!D7\J_+2OU+_9W_P"2'>"?^P9%_*O&S7^''U/H\C_C3]/U M.0_;2_Y(+JG_ %]6W_HP5^<=?HY^VE_R075/^OJV_P#1@K\XZO+/X#]?\C+. MO]Y7HOU"OIGX%_LBZ?\ %[X>VOB2X\1W.FRS32Q&WCM5<#8V,Y+#K7S-7UY^ MSA^U%X+^%OPML] UH:C]OBGFD;[/;JZ89LCDL*ZL8ZRI_N=[G%E\:$JUL3\- MNO^D_]#E>?^ *?_%T?\.]])_Z'*\_\ 4_^+KL_^&Y?AKZ:Q_X"+_\ M%T?\-R_#7TUC_P !%_\ BZ\;GS#L_N1]'[+*>Z^]_P"9QG_#O?2?^ARO/_ % M/_BZ[OX+_LFV/P;\:+XAM_$5QJ;BWD@\B6V6,?-CG(8^GI5?_AN7X;>FL?\ M@(O_ ,77N7AO7K7Q3H.GZQ9;_LE] MQ%YB[6VL,C([&L*U;%QC:K=)^1TX?# MX"4^:@DVM=&_\SR;X[?LRV7QRUS3M2N==GTEK.W-N(XK=9 P+%LY+#'6O,_^ M'>^D_P#0Y7G_ ( I_P#%U];T5A#&5Z<5&,M%Z'54R_#5IN_P"@5[5^S?\ L^VGQTDUQ;K69M)_LX1% M?)@$F_?NZY(QC;7BM?8G_!/;_CX\9_[EM_.2NO&5)4Z$IP=G_P $X,OI0K8F M,*BNG?\ (U?^'>^D_P#0Y7G_ ( I_P#%TL?_ 3YTF-U;_A,KPX.?^/%/_BZ M^MJ*^:^O8C^?\C[/^R\'_)^+_P S@?C%:BQ^!GC*V#;Q#H%U&&(ZX@89K\K: M_5GXX?\ )&?'7_8$O/\ T2]?E-7K97\$O4\'//XD/0*^V?\ @GO_ ,B[XQ_Z M^;?_ -!DKXFKWC]FW]HZP^!FF:W:WFCW&J-J$L4BM#*J!-@8$'(/]ZN[&4Y5 M:#A!7>GYGEY=5A1Q,9U'9*_Y'Z,45\F?\/!M%_Z%*^_\"D_^)H_X>#:+_P!" ME??^!2?_ !-?-_4<1_)^1]E_:F#_ )_P?^1\W_M,?\EX\9_]?O\ [(M>95U? MQ4\9Q?$+XA:YXC@MGM(=0N/.6"1@S(, 8)'TKE*^LI1<:<4^B1\#7DI59RCL MVSU7]EC_ )+_ .#O^OF3_P!$R5^AOQ8^(5I\+? .K>([L*_V6/$,)./-F8[4 M3\6(S[9-?GE^RQ_R7_P=_P!?,G_HF2OH3_@H%XD>WT'PMH22%4N)Y;N10>&V M*%7\M[5X^+I^VQ=.#VM_F?1Y?6>'P%6HMT_T1\=^*O%&I>-/$%[K6KW+7>H7 MDADDD8_D!Z #@#L!6510.3BO<225D?+MN3NSV3X ?LUZO\;II[QKG^R?#]L_ MERWS)O:1\9*1KQD@$9).!D?2OJ;2_P!AGX;V,"I<_P!K:A)CF2:["Y_!%%>C M_ /PS#X1^#OA33XHQ&WV&.>7 ^])(-[G\V-=_7RF(QU651J$K)'WF#RVA3I1 M=2-Y/>Y\U^)/V#_ NI6KC2;_ %31[K'R,95GCS_M*PR?P85\=?%SX1ZW\&_% M+:/K"K(KKYEM>19\NXCSCA[$=OR-?JS7S7^W=X9AU/X466L;!]ITR_0!^ M_ER JP_[ZV?E6V#QE7VJA-W3.?,V MD=K"1A%?VH/RS0D\C']X=0?4?6O/Z*^DE%3BXRV9\;3G*G)3@[-'[$:?J$&J MZ?;7MK(LUM<1K-%(O1E89!_(U^6'QT_Y+/XX_P"PU=_^CFK[R_9#\22>(_@/ MH'G-OEL3+8ECZ(YV#\$*C\*^#?CI_P EG\? _X,',^/ECO;,;3]65N/R-?8E%?*+'8A?:_( M^Z>5X1JW)^+_ ,S\G?B=\+/$'PE\1'2/$%KY,K+YD,\9W13ITW(W?W'4=ZY& MOT*_;A\)V^M?!I]6,8^UZ/=Q2I)CG9(PC9?H2RG_ ("*_/6OI<)7>(I<[W/C M=97T"7$+^JL 1^/-?D!7Z)?L2^(I-:^"-O:2OO;3+R:V7/9"1 M(!^;G\J\_-**<%56ZT/6R3$251T'L]3YT_;J_P"2VQ_]@J#_ -"DKYXKZ'_; MJ_Y+;'_V"H/_ $*2OGBO1PG\"'H>/C_]ZJ>K-#P[I:ZYX@TW3FD,2W=S' 9 M,E0S!;SYAV?W(]GV64]U][_S.,_X=[Z3_ -#E>?\ @"G_ ,77 MOWP:^%L'P=\$Q>'+?4)-2C2>2?SY(Q&3O.<8!/2N4\ _M6>"/B1XJLO#VD#4 MO[0N]WE_:+953Y5+')#'L#VKV2N/$5<0UR5F>AA7QZN>?I@= MJ^I?VU_C'_PA_A"/PCILVW5=:0FX*'F*US@_BY^7Z!J^!Z]7+EA\R#'R1? M\!!Y]RU?+'[&_P '?^%@^//[>U"#?H>ANLIWCY9KCK&GOC[Q^@]:_0RL\SQ' M_+F/S-LEPED\3/T7ZLYGXD>/+#X:>"]4\1:BP\BSB+)'G!ED/"(/IR^=?7TS32MVR3T'L!@#V KZ$_;8^,9\6^+H_"&FSYTK1G M)N2AXFNB,'ZA!Q]2U?,M=F7X?V5/GEO+\CSLVQ?MZOLX_#'\PHHJ]H.AWOB7 M6K'2M.@:YOKR98(8E'+,QP/_ -=>KMJSPTFW9'OG[&/P>_X3SQT?$FH0;]%T M-U==X^66YZHOOM^\?^ ^M<#^TM_R77QE_P!?S?R%?HI\)?AS9_"OP'I?AVTV MNUNFZXF4?ZZ9N7?\3T]@*_.O]I;_ )+KXR_Z_F_D*\;"U_K&)G);6T^\^AQV M%6%P5.+W;N_6QYG1117LGSH5[C^R=\%_^%J>/DOM0@W^'M'99[GQI\L=V>UE>#^LU>:2]V/]6/A?\ M;0 7X^:P , 6UK_Z)6O#:]S_ &TO^2_:S_U[VO\ Z)6O#*ZL-_ AZ(X<9_O- M3U?YA7ZE_L[_ /)#O!/_ &#(OY5^6E?J7^SO_P D.\$_]@R+^5>=FO\ #CZG ML9'_ !I^GZG(?MI?\D%U3_KZMO\ T8*_..OT<_;2_P"2"ZI_U]6W_HP5^<=7 MEG\!^O\ D99U_O*]%^H5KZ;X/U[6+5;JPT34;ZV8D":WM9)$)'49 Q617Z,_ ML5?\D%TS_K[N?_1AKKQ6(>'I\Z5]3AP.%6,J^S;MI<^!_P#A77BO_H6=8_\ M "7_ .)H_P"%=>*_^A9UC_P E_\ B:_6^BO)_M67\GXGO_V%#_GX_N/R0_X5 MWXK'/_",ZQ_X 2__ !-?I_\ !ZVFL_A7X3@N(G@GCTV!7CD4JRD(,@@]#784 M5Q8K&/$Q47&UCT<%EZP4G)2O<****\X]$__HMJ_(AOO&OHLJ^&?R/D,^^*G\_T"OL3_@GM_P ?'C/_ '+; M^I\;G MO\6'H%/CMY9LF.-GQUVJ33*^U?\ @GY;Q3^'?&'F1))BYM\;E!_ADKU,16]A M3=2U['BX3#_6JRI7M<^,?L-S_P ^\O\ WP:/L-S_ ,^\O_?!K]@?[/M?^?:' M_OV*/[/M?^?:'_OV*\C^UO[GX_\ /H/[!_Z>?A_P3\>&5HV*LI5AU!Z M9^TLJQ_';QDJJ%47IP ,#[JUYG7N0ESQ4NY\O4A[.DC.4;3K(_LC_$NS\=?" M72]/\]?[6T6(65S 3\VQ>(W]P5P,^H->W5\+6@Z=247T/U##U%5I1G'J@KPS M]M&5(_@#K*L<&2YM57W/G*?Y U[G7Q_^WI\2K1M-TGP5:3K+=^>+Z]5#GR@% M*QJ?0G"Y/ ' MP?\ #6CSIY=VMMY]PO<22$R,#]-VW\*_.OXZ?\EG\"DIXF MK)?UJ?3YC!T\%0@]U_D<-7M?[&__ "<)X<_ZYW7_ *32UXI7M?[&_P#R<)X< M_P"N=U_Z32UZF(_@S]'^1XF#_P!YI_XE^9^DM%%%?#GZ8>/_ +6TB1_L_P#B MHN0 4@49]3/&!^M?F?7V_P#MT_%6PM_"UOX'LKE)]2NITN+V.-@?)B3E5;T+ M-M./1?<5\05]7EL'&A=]6?"9S4C4Q-H]%8*^]?V![>2/X7ZS*PPDFJ-M/TC3 M-?!5?IW^S#X%F\ ?!?0;&ZC,5]=(U]<(W56D.X*?<+L!]P:69R4:/+W8\EIN M6)YNB1\E_MU?\EMC_P"P5!_Z%)7SQ7T/^W5_R6V/_L%0?^A25\\5UX3^!#T. M#'_[U4]6.BB>>1(XT:21R%5%&2Q/0 >M;_\ PKGQ7_T+&L?^ $O_ ,33/ /_ M "/7AW_L(V__ *,6OURK#&8MX5Q25[G5E^7K&J3WM^<@11G8F/8@9_&N,T;2+KQ! MJUEIEC$9[R\F2"&,?Q.Q _,U!=++'=3+-GSE?UKTO]F.:WA^._@] MKHJL?VS +=-Q1@O_ (\17U[_ '-+W>B_(_/HWQ%=B#YOR'>O4*^3OVCOV??B5\:?'1O;:32H=#LD\BP@FNV#!3RSL G#,?T ' M:OD:'+5KRMT/B.XN)+J>2:9VEED8N[N&T:11-)'';'PEH&GZ-ID(@L+&%8(8QV4#&3ZD M]2?4UYN.QD'3Y*3O<]C*\OJ*K[6M&RCM?O\ \ TZ_+O]I;_DNOC+_K^;^0K] M1*^*OC%^R#XZ\=_$WQ#KVFR:4MC?7)EB$]RROM('4!#BN++JD*523F[:'IYQ M1J5J453C=W_0^1**^B/^&%/B1_SUT7_P,?\ ^(K3\-?L(^-)/$%@-;N]+@TC MSE-T]K(G*,&TV_S/G>OU+_ &=_^2'>"?\ L&1?RKX\_P"& M%/B1_P ]=%_\#'_^(K[:^$OA>]\$_#7PYH6HF(WVGV:03&%BR;@.<' R*X,Q MK4ZM.*A*^IZF3X:M1JR=2+2L><_MI?\ )!=4_P"OJV_]&"OSCK]0_P!HKX=Z MK\4OA?>^']&-NM]-/#(IN7*)A6R>0#7R)_PPK\1_^>NC?^!;?_$5IE]>E3HM M3DD[F>;8:M6Q"E3@VK?YGSO7=>$_CCXZ\#:+'I.A>(KK3M.C9G6WC"%06.2> M0>]>G?\ #"OQ'_YZZ-_X%M_\11_PPK\1_P#GKHW_ (%M_P#$5Z$L1AIJTI)G MD0PF,IN\(23\CB?^&H/BC_T.%[_WS'_\31_PU!\4?^APO?\ OF/_ .)KMO\ MAA7XC_\ /71O_ MO_B*/^&%?B/\ \]=&_P# MO\ XBL_:8/^[^!M[+,?[WXG M$_\ #4'Q1_Z'"]_[YC_^)KN_@7^T%\0O%'Q=\+:5JGBB[O-/NKQ8YH'5-KK@ M\'"U%_PPK\1_^>NC?^!;?_$5V/P?_9!\=>!?B;X=U_49-+-C872S3"&Y9GV@ M'H-O)YK.I4PG)+EY;V\C6C2QZJQBBBOE#[LQO&G_(GZ[_UX3_\ MHMJ_(AOO&OU_\16,NJ>']3LX=OG7%K+"FXX&YD(&?Q-?!)_85^(__/71O_ M MO_B*]S+:U.FI<\K;'S&<8>K6E!TXMVO^A\[5]B?\$]O^/CQG_N6W\Y*X/_AA M7XC_ //71O\ P+;_ .(KZ!_91^!'B3X+S>(6U]K)A?K"(OLDQ?[I;.% M=F,Q%*="48R3?_!//R["5Z>*A.<&EK^1]#T445\N?;G$?'#_ )(SXZ_[ EY_ MZ)>ORFK];/B5X?NO%GP\\3:+8F,7FHZ;<6D/FMM7>\;*N3V&37PW_P ,*_$? M_GKHW_@6W_Q%>]EM:G3A)3E;4^5SC#UJU2#IQ;T/G>OMG_@GO_R+OC'_ *^; M?_T&2O+O^&%?B/\ \]=&_P# MO\ XBOH_P#91^"OB'X,:5XAMM?:S9[Z:&2$ MVDID&%5@NC?^!;?_ !%?84<51C3BG-;(_/:^"Q,JLVJ;M=_F<9^R MQ_R7_P '?]?,G_HF2OTOUC2+37])O--OX%N;*[B:":%QD.C#!'Y&OCSX(_LC M^./A]\5/#_B'5)-+-A8S,\H@N69\&-EX&T9Y85]GUXN858U*L94W?0^DRBC. ME0E&K&UWU]$?F/\ 'WX ZQ\&?$4O[J2[\.7#DV6H*N5P>D;_ -UQ^O4>WD]? ML+JVDV6NZ?/8:C:0WUE,NV2WN$#HX]"#7S9\0OV$O#&O32W?AC49_#L[Y/V6 M0>?;Y]LD,OYGZ5W8?,HM*-;1]SS,7DTU)SP^J['Q'X8\6:SX+U6/4M#U*XTN M^CX$UNY4X]#ZCV/%>TZ;^W!\3;"!8YI]+U!@,>9=66&/_?#*/TJSKO[#/Q$T MV1_L+:9JT0^Z8;GRV/X.!_.N6F_9)^+$+$?\(E(X_O)>6Y'_ *,KME/"5M9. M+^X\V%/'X?2$9+TN:?B']L[XG:]:O!'J=KI*.,%M/M51_P &8L1^!%>*7U]< MZG>375W/)=7,S%Y)IF+.['J23R37KEK^R'\5[IPI\+F '^*6]MP/TD)KM?#O M[!GC?4)%.JZEI>DQ=]LC3./P _6G&KA:*]UI>G_ !2H8[$OWXR?K?]3YGK MZ?\ V3_V:;SQ5K-EXP\2VC6^@6CB:SMYEPU[(#E6P?\ EF#SG^(C'3->[?#+ M]C7P1X"GBO=163Q/J2'*R7R@0(?58AP?^!%J]Y15C5550JJ,!5& !Z5YF*S% M2BX4?O/:P63N$E4Q'3I_F.K\J/CI_P EG\^ M+OB)XEUNQDTD6>H:C<74(ENF5MCR,PR-O!P:Y\MJ0ISDYNVAU9Q1J5J<%3C? M4^4:V/"/B[5O NO6^M:'>-8:E;AA'.JJQ7&Y\8:B(F&&6!Q#D?\ *[_P#X85^(_P#S MUT;_ ,"V_P#B*?'^PG\1FI)/6HZ^M=!_X)^:O-(AUCQ39VL?\2V<#2M^;%17 MN7PX_9(\ ?#V:*[:QDU[4H^1+M6LO%?BBS>T\/6S":VM9EVO>N.5.#_RS!YS_ !=!QDU] MY@!0 !@4* H P!P *6OG,1B)8B?-(^PPF$A@Z?)#?J^Y^>W[=7_ "6V/_L% M0?\ H4E?/%?NC?^!;?_ !%?1X;$T8T8QE)7L?(8S!XB>(G*,&TV?/ME>3:?>075 MM(8KB!UDCD7JK Y!_,5Z9_PU!\4?^APO?^^8_P#XFNV_X85^(_\ SUT;_P " MV_\ B*/^&%?B/_SUT;_P+;_XBM95\+/XI)G/#"XZG\$9+TN<3_PU!\4?^APO M?^^8_P#XFC_AJ#XH_P#0X7O_ 'S'_P#$UVW_ PK\1_^>NC?^!;?_$4?\,*_ M$?\ YZZ-_P"!;?\ Q%1[3!_W?P-?99C_ 'OQ.)_X:@^*/_0X7O\ WS'_ /$U M]9_L8?$7Q'\1?#'B*Y\1ZK-JL]O=QI$\P4%%*$D# '>O O\ AA7XC_\ /71O M_ MO_B*^E?V4_@SK_P &?#^N66OM:-->7*2Q?9)2XVA2#G('K7%C)X9T6J=K M^1Z.7T\9'$1=;FY==[VV/BW]H[P++\/_ (P>(;$QE+6XN&O;8XX,X(%?HW^U)\!?^%Q^%HKO2T5? M$VEJS6I) ^T1GEH2?U4GH?J:_.;4=.NM(OI[*]MY+2[@DNZW/+S#"RPM=M?"]5_7D?HA\#_ -J[PQ\1='M;37-0MM"\2HH2:&Z< M1Q3M_?C8\<_W2ZAEO[9E/0B9LTBC =@/K7)4RN$I7 MA*QZ%+.ZD(J-2/,^]['[ _VQ8?\ /[;_ /?U?\:/[8L/^?VW_P"_J_XU^/WV MB7_GHWYT?:)?^>C?G67]DK^?\/\ @FW]O/\ Y]_C_P _8'^V+#_ )_;?_OZ MO^-']L6'_/[;_P#?U?\ &OQ^^T2_\]&_.C[1+_ST;\Z/[)7\_P"'_!#^WG_S M[_'_ (!^P/\ ;%A_S^V__?U?\:/[8L/^?VW_ ._J_P"-?C]]HE_YZ-^='VB7 M_GHWYT?V2OY_P_X(?V\_^??X_P# /V!_MBP_Y_;?_OZO^-']L6'_ #^V_P#W M]7_&OQ^^T2_\]&_.C[1+_P ]&_.C^R5_/^'_ 0_MY_\^_Q_X!^P/]L6'_/[ M;_\ ?U?\:/[8L/\ G]M_^_J_XU^/WVB7_GHWYT?:)?\ GHWYT?V2OY_P_P"" M']O/_GW^/_ /V!_MBP_Y_;?_ +^K_C1_;%A_S^V__?U?\:_'[[1+_P ]&_.C M[1+_ ,]&_.C^R5_/^'_!#^WG_P ^_P ?^ ?L#_;%A_S^V_\ W]7_ !H_MBP_ MY_;?_OZO^-?C]]HE_P">C?G1]HE_YZ-^=']DK^?\/^"']O/_ )]_C_P#]@?[ M8L/^?VW_ ._J_P"-']L6'_/[;_\ ?U?\:_'[[1+_ ,]&_.KNC6%_KVK6>FV* M27-Y=S+!#"F279B !^9H_LI?S_A_P0_MUO14OQ_X!^OR.LBAD8,K#(93D&FW M%Q%:0O-/*D,*#+22,%51ZDGI69X/T/\ X1CPIH^D;MYL;2*W+#^(J@!/XD5Q M_P"T9_R0WQI_V#I/Z5X48J4U&^[/J)S<*;FUJE<[#_A+]!_Z#>G?^!/YUZ'X/_ &?_ (A>/M!AUK0/#\FH:9,S M*DZW4* E20W#.#P0>U>W++:<%>52W]>I\S#.JM1\L*5WY-_Y'Z:_\)?H/_0; MT[_P+C_QJ:T\1Z3?W"P6VJ65S,WW8X;A&8_0 U^;_P#PR;\6_P#H4IO_ -M MO_CM>G?LV?L]_$/P-\8=$UG7?#LECIEN)O-G:Z@<+NB91PKD]2.U<\\'0C%R M55-KT_S.NEF&)G4C&5!I-[Z_Y'VM?ZWIVENB7M_:V;N,JMQ,J$CU&34$/BK1 M;B5(HM8L))'(542Y0EB>@ SR:^-/^"@C%?%WA/!Q_H,O_HROGWX0LW_"U_!G M)_Y#-GW_ .FR55++U4HJKS?@37S:5'$.AR7LTKW/UAHHHKQCZ(K7VI6FEQ"6 M\NH;2(G:'GD" GTR35'_ (2_0?\ H-Z=_P"!1(^$NFDG?^!]6/\ ADWXM_\ 0I3?^!MM_P#':OZC0_Y_+\/\S+^T\4_^8=_C_D?I M)8:UI^J,ZV5_;7C(,L+>97('O@U=KY7_ &-_@[XQ^&.O>)+CQ1HSZ7%=6T4< M#-/%)O8.21\C-CJ.MNWWA;P1=_8+6TG?^!='-ZU76E1;7S?Z' MZ/V_B;1[R9(8-6L9IG.%CCN49F/H #S1<>)M'LYWAN-5L8)D.&CDN45E/H03 MQ7PW\$?V:?B7X3^+'AC5]7\-/:Z;9WBRSS&]MWV* ><+(2?P%+\=/V;_ (D^ M+?BYXGUC2/#4EWIMY=>9!.MW @==H&<-(".G<5A]4H^TY/:JUM]/\SI^OXGV M7M/8.][6U[;['V__ ,)?H/\ T&]._P# N/\ QH_X2_0?^@WIW_@7'_C7Y@>. MO@GXX^&>FPZAXET233+.:7R8Y&N8I,O@G&$G?^!*-*?2Y+NWA: --')O"DY/R,<8R.M8XB M3?/1:5F[Z]%?L?87_"7Z#_T&]._\"X_\:/\ A+]!_P"@WIW_ (%Q_P"-?D/O M;^\?SKVCX=_LH^-OB9X0L?$FD7&F)I]X9!&MS<5JSY:=&[]?\ @'Z)1^*]$E;:FL:>[>BW2$_SK1AGCN(P\4BRH>C( M017YQ^,/V/?B/X/T6YU22UM-3MK9#),NGW.^14 R6VL 3@>F37FOA#XE>*/ M=]%=:%K=YI\D9SLCE/EM[,A^4CV(J(Y="I&]*I3Z'X:5BL5M;,4DG7/#2L.3G^[T'OUKCHX.I6FX;6W/2Q&8T:%*-3?FV1 M]^ZQX_\ #'A]BNI^(=+T]AU6YO(XS^IK/M/C!X%OY1';>,="GD/18]1A)_\ M0J_-KX;_ 7\9?%Z:X?P_IKW<$+8FO)Y!'$K'G!9CR?89/-=AXF_8]^)GAC3 M);\Z5!J,4*EY%T^X620*.I"<%OH,FNYX&A%\DJNOR/,CFF*G'GA0]WYGZ/6M MY!?0B6WFCN(CT>)PRG\14U?DOX+^)7BCX0Z'Y6 M'U%?H?\ LZ_'2W^-WA.2XEBCM-=K8/'8@BN3$X&>'7. MG='=@LSIXN7(URR/19O%.BVTSQ3:O812QL5>-[E RD=003P:DL_$&EZE-Y-I MJ5G=38SY<,Z.V/7 -?EQ\8?>0_T/ M<$&OA7]M)B/CUJN#C_1K?_T6*\[#X5UJKI2=K'K8S&K#T%7@N9,_0^PUK3]5 M9ULKZVO"F"PMYE?;GIG!XJ"X\3Z/:3/#/JUC#,APT*^/O^">K% MM9\:Y.?]'M?_ $*2O"OVBF(^./C4 D#^TI?YUTQP"E7E1YMD<<\TE##0Q')\ M3M:Y^G5CKVF:I,8K/4;2[E"[BD$ZNP'K@'IR/SJ_7P'^P22WQDU3)S_Q))O_ M $?!7O7[47[2K?""WAT/0EBG\37APJ8.4:_ ML8:LZJ.80GAGB:JLCWVXN8;6/?-*D*?WI&"C]:SF\6Z&C$-K.GJ?0W4?^-?E M-XC\<>)O'FH&76-7OM7N9FP%EE9\GL%7H/H!79Z3^S!\5-;LTN;;PA>+$XRO MVF:*W;'^[(ZG]*[7EL(*]2I;^O4\U9Q4J-JC1;_KR1^DO_"8:#_T&]._\"X_ M\:U4=9%5E8,K#(93D$>M?FF/V2?BYD?\4G)_X,+7_P".U]/?M+?_@S\*_ M#>D:4WV/Q#J-NMNT^0S6R1QJ)"O;=D@ _4^ETJ6_KU.&.<5:K?LJ+?WO\ 0_1W_A+]!_Z#>G?^!(/AS\,[ MC2_$FGMIM^U_),(6E20E"J '*,1U![UR5\-2I0YH5%)_+_,[\+C:]>IR5*+B MN^O^1[97EWQ>_9T\(_&*,S:E;-8:PJX35+/"R^P<=''UY]"*]1HK@A.5.7-! MV9ZE2G"M'DJ*Z/@?Q9^P?XTTN9VT._T_6[;^$.Y@E]AAOE_\>KBV_9!^+*L0 M/"NX#N+^VP?_ ")7Z645Z<-+)<-)W5U\_P#-'YH_\,A?%K_H4S_X M'VO_ ,=H_P"&0OBU_P!"F?\ P/M?_CM?I=15?VI6[+\?\R/[#P_\TOP_R/S1 M_P"&0OBU_P!"F?\ P/M?_CM'_#(7Q:_Z%,_^!]K_ /':_2ZBC^U*W9?C_F'] MAX?^:7X?Y'YH_P##(7Q:_P"A3/\ X'VO_P =H_X9"^+7_0IG_P #[7_X[7Z7 M44?VI6[+\?\ ,/[#P_\ -+\/\C\T?^&0OBU_T*9_\#[7_P".T?\ #(7Q:_Z% M,_\ @?:__':_2ZBC^U*W9?C_ )A_8>'_ )I?A_D?FC_PR%\6O^A3/_@?:_\ MQVC_ (9"^+7_ $*9_P# ^U_^.U^EU%']J5NR_'_,/[#P_P#-+\/\C\T?^&0O MBU_T*9_\#[7_ ..T?\,A?%K_ *%,_P#@?:__ !VOTNHH_M2MV7X_YA_8>'_F ME^'^1^:/_#(7Q:_Z%,_^!]K_ /':/^&0OBU_T*9_\#[7_P".U^EU%']J5NR_ M'_,/[#P_\TOP_P C\V]/_8W^*U]=+%+X?AL4;K-<7\!1?KL=C^0KZE_9\_91 MTWX1W2ZYJ]Q'K'B3:1&Z*1#:Y'.S/);'&XX]@*]_HK"MCZU:/*]%Y'5A\KP^ M'GSJ[:[A7G'[1G_)#?&O_8.D_I7H]>'[2_AMY)'$\LS*QWN6Z#TS7S_7V?^S5 M'\'V^$>F'Q=_PBG]N>=/YO\ :A@\_;YAV[MW.,8Q[5];BW!4_P!Y'F5SX' * MI*J_93Y';=F'_P /!M;_ .A2T_\ \"7_ ,*][_9O^.EY\ _SMJZKP/XH^%>CW(TOPEJGAFTGOI!BTTN>%6G? M&!\JGYCBO K.E*#5.DT^Y]5AHXB-1.K74EVT/F7_ (*#?\C=X3_Z\9?_ $97 MSY\(?^2K^#/^PS9_^CDKZ#_X*#?\C=X3_P"O&7_T97SM\+;RWTWXF>$[NZFC MMK6#5K666:5@J(@F4EB3T SFO;PO^Z+T9\UCO\ ?Y>J_0_6FBN(_P"%W_#W M_H=M!_\ !C%_\51_PN_X>_\ 0[:#_P"#"+_XJOE/9S_E9]W[:E_,OO/(?V\_ M^22Z;_V%$_\ 1.W61KAP6"*%R>/: MK_\ P\&UO_H4M/\ _ E_\*]5\&Q? 7_A$=$_M >"/MWV&'S_ #S;^9YFP;MV M>?X0:_,261II7D=B[L22S'))]:_5#0-5\ ^)O#UY MX1\*ZKHLMJUI+']@TJ>-A'&X(8A$/ RWYFOS$\7>%[[P7XFU+1-2B:&]L9VA MD5AC.#P1[$8(]B*Z,N<5*HDK>7D<><*3A2DW>RLWYZ'V=^P#X9M(?!&OZ_Y2 MM?7%_P#8_-(&Y8TC1MH/H3)^@KZKKX(_8]_: T7X8_VGX>\2SM9:9?3+<07N MTLD4N-K!P 2 0%Y[8Y]:^P8?C=\/KB,.GC30BI_Z?XA_6O-QU*I[>4FG9GLY M97H_5HQ4DFMSMJ*Y73?BMX,UF_@L;#Q5H]Y>3MLBMX+V-W=O0 ')-=57G.+C MNCV(RC+6+N?,7[?7_),=$_["@_\ 13U\&Q_ZQ?K7WE^WU_R3'1/^PH/_ $4] M?!L?^L7ZU]7EO^[KU9\'G'^]/T1^O'A#_D4]$_Z\8/\ T6M<5^TK_P D)\9_ M]>)_]"6NU\(?\BGHG_7C!_Z+6N*_:5_Y(3XS_P"O$_\ H2U\U2_C1]5^9]G6 M_P!VE_A?Y'Y=U]H?L[_M0> _AS\(=#\/ZU>W<6I6AG,J16C.HW3R.N".O#"O MB^OKKX#_ +(_A+XH?"G1_$FIZAJUO?WAF#I;2QB,;)G08!0GHH[U]1C?9.FO M;7M?H?$9:ZZK/ZNE>W7M='H'C;]M_P !Q^';^+1DU#5=0F@>.*-K?RHPQ! + M,QZ<]@:^!N9'X&23T%>J?M"? F\^!_BB&U$[W^C7J&2SO&7!..&1L<;AQ]00 M:M?LR_$#PYX'^(5G_P )+HEC?V=U*L:ZAX\55K8JNJ6):C;3T/5/^$;UGX7?L2:Q]MCDL;[7KZ.0PME7CA=XP P M[%E0\>CU\F5^H_[0W@F;XC?!OQ#I-DOG7C0K-A(%'^\%(_&ORYDC: M)V1U*NIP588(-1@*OM8SD]VS7-:'L)TX+91LC]//V8-$M]#^!/A*.W14^T6O MVJ1@.6>1BQ)]3R!] *]3KYJ_9'^.WAS4/AKIGAC5=5MM,UK2@T"QWVDFM;GUN%K4GAX-25DD?G!^T9HMOX?^-_C"RM(UBMQ>F5448"^8JR$#VRYK MT3]A76)['XS362.WV>]TV99$SP2I5E/X8(_&O'/BAXQ_X6!\0M?\1!#$FH7; MRQQMU6/.$!]PH%?0_P"P/X$N;KQ9K'BV6-ELK2V-E"Y'#RN5+8^BK_X^*^DQ M'N81J>]OQ/C<+^\QZ=/;F;^7_#'A'QR_Y+-XX_[#5Y_Z.:EM_A9?ZE\)9?&] MBKW%O9W[6=[$HR8E*J4D_P!W+%3Z9%)\7.#Z\'O7FU]J M5UJ7D?:IGG,$2P1ESDK&OW5^@' ]JUA"%2HL1#JC&I4JTJ3PE3H[^A]9?\$] M?^0SXU_Z][7_ -"DKPK]HO\ Y+EXU_["4G\Z]U_X)Z_\AGQK_P!>]K_Z%)7A M7[1?_)&K/Q!\:A/>1+-_9EA+>PJXR!*&1%./;S"1[@5^B-?EU^SQ\58O@_P#$ MRSUR[CDETV2)[2\6(9?RGP<@=R&53COBOT%TG]H#XUD]:E&@X.23N>@5\S_MN_"O5?&WA/2M>T:V> M]GT9I!<6\0+.87 )=0.NTKR/0Y[5[+_PNCP#_P!#GH7_ (,(O_BJV]<\8Z%X M9TV#4-6UBQTVPG8+%\:UJOP)\171N=3N_!-]<'K+-);%C]3FLR6S_9V:-PW_"#A M<<[9( ?T.:]BIB:5:SJ4FV?/4L'6PUU1Q$4G_7F>4:7_ ,%")_M2C4?!T?V; M^(VUX=X^@*XKZ<^%WQ6T#XN^'!J^@W#.BMY<]O,-LL#XSM8?R(X-?F5\4X_# MD?Q"UU?"+%_#@N6^QD[B-N!G&[G;G.,\XQ6S\)?$/BS0UU4>&#< 2^5]H\D$ M]-^W/YM6M; 4IT^:FN5_UN8X?-:].JX57SKR_0_4VBBBOF3[0**** "BBB@ MHHHH **** "BBB@ HHHH **** "BBB@ HHHH *X;XY:3-KWPC\5:?;LB37%B M\:-(2%!..N ?Y445K2_B1]48U_X4_1GYZ_\ #/OB'_G]TS_O[)_\;I?^&?O$ M/_/[IO\ W]D_^(HHK[#VDNY^>^RAV#_AG_Q#_P _NF_]_9/_ (BNY^!OP6UO M0/BYX4U"XN[!X;>^1V6.1RQ STR@HHK*K.7LY:]#:C2@JL';JOS/5/VT_AOJ M7CCQ-X;FL9[6%8+.1&%P[ DE\\84U\X_\,^^(?\ G]TS_O[)_P#&Z**QPDY* MA%(ZL?3C+$S;7]6%_P"&?_$/_/[IO_?V3_XBC_AG_P 0_P#/[IO_ ']D_P#B M***Z_:2[GG^RAV/KC]J'P3?>*O@KXKF5.,J]VNB%_P"&?_$/_/[IO_?V M3_XBC_AG_P 0_P#/[IO_ ']D_P#B***[_:2[GE>RAV/>/V.OA?JO@OXD7]Y> MW%G-$^G/&!;NY;)=#W4>E>Y_&K]G'PS\:8TN;T/INMQ)LCU.V W%1T61>CC] M1V-%%?/8RK.&(YXNS/K%=0N+NP>&WO5=UCD M?ME>#;WQKX TFTLI8(I(]0$A-PS 8\MAV!]:^/!^S_X@4AC>Z;@<_P"LD_\ MB***[\#*2HI(\O-*<98AMKHC]+_#,#6OAO287(+QVD2$KTR$ KE/CSH\VO\ MP?\ %6GV[1I-<6A16D)"@[AUP#117@T_XJ]?U/J:J_<27D_R/SZ_X9]\0_\ M/[IG_?V3_P"-U]X?LQ>'KCPK\$_#^F7;Q23PFXW-"25.ZXD88R >A]***]K, M).5)7[GS>4PC&NVET_5&A\=OA;9_%KX=ZCH]P4AO(U-Q973#_4S*#@_0C*GV M/TK\_P#_ (9^\0]KW3?^_DG_ ,11149=4DH2C?0TS>E!U(R:UL?J:[- M\/(])\0S0W=YI+"VCNH9&;S(<90-N ^91\N>X [UR?QJ_8XT'XCZC<:UH=T/ M#VLS$O.HCW6\[=V*CE6//#J-Y8W!7HUJ[GC_@2"N2T'0KGQ)>K:V\D:2,0 9F('Z T45]7"3<+ ML^%J0C&IRK8^G?A?^POD5SJMS*BR22!@&E8C.$Z\U]-?L;^#[SP7\.]3L M[V6"6234&D#6[,1C8@[@>E%%>CBY-X9)^1X^!A&.-;2[GH/QG^%>G?%[P+>: M)?!8[@#SK.Z(R8)@/E;Z'H1W!-?GS)^SWXACD9?MNF94D?ZV3M_VSHHJ,NJ2 M491OH:YO2@YPDUJSZ5_8I^'>H^!=4\5O?3VLPN(;<+]G9CC#29SE1ZUY#\O?%SQ7J%O=Z>D-Q?R2(LDCA@#ZX0T45M3D_K%Y&M&V?'_CW]A/5M M#:2XT/Q'97=GG*IJ"/%(![E%8$_E7E#_ +/?B*-V4WNF94XXED_^-T45[&&K MU*E-.3/G\9A:-*JXPC9?,3_AG_Q"O/VW3>/^FLG_ ,17UC^U#X%O_%?P1\): M9:36\4]M<6S.TS,%.VW=3C"D]3Z445&(G)U:7J:X6G%4*R2Z(^3O^&?_ !#_ M ,_NF_\ ?V3_ .(H_P"&?_$/_/[IO_?V3_XBBBN[VDNYY?LH=CH/!O[)OB?Q M?J"P)JNDVT8(#NSRL0/8>7S^8K[4^"7P&T3X+^&Y;"W/]I7]TRR7E]/& 9& =(4*O\*C)P/DKU.74__]D! end EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.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 11 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3.a.u2 html 1 95 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-20200305.xsd mei-20200305_cal.xml mei-20200305_def.xml mei-20200305_lab.xml mei-20200305_pre.xml pressrelease030520.htm http://xbrl.sec.gov/dei/2019-01-31 true true XML 12 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; } XML 13 R1.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Cover Page
Mar. 05, 2020
Cover page.  
Entity Central Index Key 0000065270
Amendment Flag false
Document Type 8-K
Document Period End Date Mar. 05, 2020
Entity Registrant Name METHODE ELECTRONICS, INC.
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 14 0000065270-20-000004-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000065270-20-000004-xbrl.zip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�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etaLinks.json IDEA: XBRL DOCUMENT { "instance": { "methodeelectronicsinc8.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "calculationLink": { "local": [ "mei-20200305_cal.xml" ] }, "definitionLink": { "local": [ "mei-20200305_def.xml" ], "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml" ] }, "inline": { "local": [ "methodeelectronicsinc8.htm" ] }, "labelLink": { "local": [ "mei-20200305_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "mei-20200305_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "mei-20200305.xsd" ], "remote": [ "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.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/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd", "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.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", "https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "https://xbrl.sec.gov/exch/2019/exch-2019-01-31.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": 95, "memberCustom": 0, "memberStandard": 0, "nsprefix": "mei", "nsuri": "http://www.methode.com/20200305", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "methodeelectronicsinc8.htm", "contextRef": "D2019Q4Mar05", "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": "D2019Q4Mar05", "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 methodeelectronicsinc8_htm.xml IDEA: XBRL DOCUMENT 0000065270 2020-03-05 2020-03-05 false 0000065270 8-K 2020-03-05 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