Segment Information (Tables)

6 Months Ended

Oct. 28, 2023

Segment Reporting [Abstract]

Schedule of Reportable Segments

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

	Three Months Ended October 28, 2023
(in millions)	Automotive			Industrial			Interface		Medical			Eliminations/ Corporate			Consolidated
Net sales	$	158.0		$	128.0		$	11.7	$	1.6		$	(11.3	)	$	288.0
Transfers between segments		(3.7	)		(7.6	)		—		—			11.3			—
Net sales to unaffiliated customers	$	154.3		$	120.4		$	11.7	$	1.6		$	—		$	288.0
Income (loss) from operations	$	(61.5	)	$	25.7		$	1.0	$	(0.7	)	$	(15.8	)	$	(51.3	)
Interest expense, net																4.4
Other income, net																(0.2	)
Pre-tax loss															$	(55.5	)
Goodwill impairment	$	56.5		$	—		$	—	$	—		$	—		$	56.5

	Three Months Ended October 29, 2022
(in millions)	Automotive			Industrial			Interface		Medical			Eliminations /Corporate			Consolidated
Net sales	$	198.3		$	107.8		$	14.1	$	1.1		$	(5.4	)	$	315.9
Transfers between segments		(1.4	)		(4.0	)		—		—			5.4			—
Net sales to unaffiliated customers	$	196.9		$	103.8		$	14.1	$	1.1		$	—		$	315.9
Income (loss) from operations	$	23.4		$	25.0		$	1.6	$	(1.4	)	$	(15.8	)	$	32.8
Interest expense, net																0.5
Other income, net																(1.1	)
Pre-tax income															$	33.4

	Six Months Ended October 28, 2023
(in millions)	Automotive			Industrial			Interface			Medical			Eliminations/ Corporate			Consolidated
Net sales	$	319.1		$	250.6		$	27.0		$	2.4		$	(21.4	)	$	577.7
Transfers between segments		(6.5	)		(14.8	)		(0.1	)		—			21.4			—
Net sales to unaffiliated customers	$	312.6		$	235.8		$	26.9		$	2.4		$	—		$	577.7
Income (loss) from operations	$	(64.3	)	$	49.9		$	3.9		$	(2.9	)	$	(34.1	)	$	(47.5	)
Interest expense, net																	7.2
Other income, net																	(0.2	)
Pre-tax loss																$	(54.5	)
Goodwill impairment	$	56.5		$	—		$	—		$	—		$	—		$	56.5

	Six Months Ended October 29, 2022
(in millions)	Automotive			Industrial			Interface		Medical			Eliminations /Corporate			Consolidated
Net sales	$	375.6		$	201.5		$	27.1	$	1.8		$	(7.7	)	$	598.3
Transfers between segments		(2.1	)		(5.6	)		—		—			7.7			—
Net sales to unaffiliated customers	$	373.5		$	195.9		$	27.1	$	1.8		$	—		$	598.3
Income (loss) from operations	$	38.1		$	47.4		$	3.2	$	(2.9	)	$	(31.2	)	$	54.6
Interest expense, net																0.5
Other income, net																(5.2	)
Pre-tax income															$	59.3

(in millions)	October 28, 2023		April 29, 2023
Identifiable assets:
Automotive	$	643.3	$	700.2
Industrial		636.8		672.3
Interface		117.5		127.2
Medical		0.8		6.2
Eliminations/Corporate		86.5		73.2
Total identifiable assets	$	1,484.9	$	1,579.1