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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 29, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 129.6 $ 172.0
Accounts receivable, net 312.8 273.3
Inventories 172.5 158.5
Income tax receivable 8.2 8.3
Prepaid expenses and other current assets 35.3 16.9
Total current assets 658.4 629.0
Long-term assets:    
Property, plant and equipment, net 189.6 197.0
Goodwill 231.0 233.0
Other intangible assets, net 196.7 207.7
Operating lease right-of-use assets, net 24.2 20.0
Deferred tax assets 35.4 36.8
Pre-production costs 27.0 27.2
Other long-term assets 32.0 38.4
Total long-term assets 735.9 760.1
Total assets 1,394.3 1,389.1
Current liabilities:    
Accounts payable 124.5 108.5
Accrued employee liabilities 29.9 30.0
Other accrued liabilities 31.0 24.5
Short-term operating lease liabilities 6.3 6.0
Short-term debt 13.0 13.0
Income tax payable 8.3 6.6
Total current liabilities 213.0 188.6
Long-term liabilities:    
Long-term debt 191.0 197.5
Long-term operating lease liabilities 19.0 14.8
Long-term income tax payable 16.7 22.1
Other long-term liabilities 15.4 14.0
Deferred tax liabilities 40.4 38.3
Total long-term liabilities 282.5 286.7
Total liabilities 495.5 475.3
Shareholders' equity:    
Common stock, $0.50 par value, 100,000,000 shares authorized, 37,505,633 shares and 38,276,968 shares issued as of October 29, 2022 and April 30, 2022, respectively 18.7 19.2
Additional paid-in capital 174.7 169.0
Accumulated other comprehensive loss (54.3) (26.8)
Treasury stock, 1,346,624 shares as of October 29, 2022 and April 30, 2022 (11.5) (11.5)
Retained earnings 771.2 763.9
Total shareholders' equity 898.8 913.8
Total liabilities and shareholders' equity $ 1,394.3 $ 1,389.1