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Segment Information (Tables)
9 Months Ended
Jan. 28, 2023
Segment Reporting [Abstract]  
Schedule of Reportable Segments

The tables below present information about the Company’s reportable segments:

 

 

Three Months Ended January 28, 2023

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations
/Corporate

 

 

Consolidated

 

Net sales

 

$

178.6

 

 

$

100.8

 

 

$

12.1

 

 

$

0.6

 

 

$

(12.0

)

 

$

280.1

 

Transfers between segments

 

 

(2.1

)

 

 

(9.8

)

 

 

(0.1

)

 

 

 

 

 

12.0

 

 

 

 

Net sales to unaffiliated customers

 

$

176.5

 

 

$

91.0

 

 

$

12.0

 

 

$

0.6

 

 

$

 

 

$

280.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

18.7

 

 

$

22.3

 

 

$

1.0

 

 

$

(1.8

)

 

$

(12.9

)

 

$

27.3

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.8

 

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.5

 

Pre-tax income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

23.0

 

 

 

 

Three Months Ended January 29, 2022

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations
/Corporate

 

 

Consolidated

 

Net sales

 

$

196.9

 

 

$

81.6

 

 

$

15.2

 

 

$

1.0

 

 

$

(3.1

)

 

$

291.6

 

Transfers between segments

 

 

(1.5

)

 

 

(1.6

)

 

 

 

 

 

 

 

 

3.1

 

 

 

 

Net sales to unaffiliated customers

 

$

195.4

 

 

$

80.0

 

 

$

15.2

 

 

$

1.0

 

 

$

 

 

$

291.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

24.5

 

 

$

17.7

 

 

$

2.1

 

 

$

(1.6

)

 

$

(12.9

)

 

$

29.8

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.7

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4.4

)

Pre-tax income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

33.5

 

 

 

 

Nine Months Ended January 28, 2023

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations
/Corporate

 

 

Consolidated

 

Net sales

 

$

554.2

 

 

$

302.3

 

 

$

39.2

 

 

$

2.4

 

 

$

(19.7

)

 

$

878.4

 

Transfers between segments

 

 

(4.2

)

 

 

(15.4

)

 

 

(0.1

)

 

 

 

 

 

19.7

 

 

 

 

Net sales to unaffiliated customers

 

$

550.0

 

 

$

286.9

 

 

$

39.1

 

 

$

2.4

 

 

$

 

 

$

878.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

56.8

 

 

$

69.7

 

 

$

4.2

 

 

$

(4.7

)

 

$

(44.1

)

 

$

81.9

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.3

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1.7

)

Pre-tax income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

82.3

 

 

 

 

Nine Months Ended January 29, 2022

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations
/Corporate

 

 

Consolidated

 

Net sales

 

$

591.0

 

 

$

245.5

 

 

$

45.9

 

 

$

2.6

 

 

$

(10.1

)

 

$

874.9

 

Transfers between segments

 

 

(3.8

)

 

 

(6.3

)

 

 

 

 

 

 

 

 

10.1

 

 

 

 

Net sales to unaffiliated customers

 

$

587.2

 

 

$

239.2

 

 

$

45.9

 

 

$

2.6

 

 

$

 

 

$

874.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

75.4

 

 

$

56.7

 

 

$

7.6

 

 

$

(4.6

)

 

$

(38.0

)

 

$

97.1

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.9

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(7.1

)

Pre-tax income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

101.3

 

 

(in millions)

 

January 28, 2023

 

 

April 30, 2022

 

Identifiable assets:

 

 

 

 

 

 

Automotive

 

$

713.9

 

 

$

689.8

 

Industrial

 

 

459.5

 

 

 

455.3

 

Interface

 

 

120.5

 

 

 

108.1

 

Medical

 

 

6.4

 

 

 

7.9

 

Eliminations/Corporate

 

 

128.2

 

 

 

128.0

 

Total identifiable assets

 

$

1,428.5

 

 

$

1,389.1