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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 01, 2020
May 02, 2020
CURRENT ASSETS    
Cash and Cash Equivalents $ 211.0 $ 217.3
Accounts Receivable, Net 233.0 188.5
Inventories 124.0 131.0
Income Tax Receivable 13.6 12.9
Prepaid Expenses and Other Current Assets 16.4 15.9
TOTAL CURRENT ASSETS 598.0 565.6
LONG-TERM ASSETS    
Property, Plant and Equipment, Net 208.6 201.9
Goodwill 233.3 231.6
Other Intangible Assets, Net 242.1 244.8
Operating Lease Assets, Net 22.1 23.5
Deferred Tax Assets 41.0 31.4
Pre-production Costs 36.0 37.1
Other Long-term Assets 37.1 34.7
TOTAL LONG-TERM ASSETS 820.2 805.0
TOTAL ASSETS 1,418.2 1,370.6
CURRENT LIABILITIES    
Accounts Payable 83.2 73.8
Accrued Employee Liabilities 20.0 19.1
Other Accrued Expenses 28.3 18.5
Short-term Operating Lease Liability 5.5 5.5
Short-term Debt 15.4 15.3
Income Tax Payable 7.6 11.6
TOTAL CURRENT LIABILITIES 160.0 143.8
LONG-TERM LIABILITIES    
Long-term Debt 334.4 336.8
Long-term Operating Lease Liability 18.4 20.4
Long-term Income Tax Payable 29.3 29.3
Other Long-term Liabilities 20.0 15.3
Deferred Tax Liabilities 42.3 41.6
TOTAL LONG-TERM LIABILITIES 444.4 443.4
TOTAL LIABILITIES 604.4 587.2
SHAREHOLDERS' EQUITY    
Common Stock, $0.50 par value, 100,000,000 shares authorized, 38,876,362 shares and 38,438,111 shares issued as of August 1, 2020 and May 2, 2020, respectively 19.4 19.2
Additional Paid-in Capital 151.5 150.7
Accumulated Other Comprehensive Loss (10.2) (26.9)
Treasury Stock, 1,346,624 shares as of August 1, 2020 and May 2, 2020 (11.5) (11.5)
Retained Earnings 664.6 651.9
TOTAL SHAREHOLDERS' EQUITY 813.8 783.4
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,418.2 $ 1,370.6