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Segment Information (Tables)
3 Months Ended
Jul. 31, 2021
Segment Reporting [Abstract]  
Schedule of Reportable Segments

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

 

 

Three Months Ended July 31, 2021

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations

/Corporate

 

 

Consolidated

 

Net sales

 

$

197.0

 

 

$

81.2

 

 

$

12.7

 

 

$

0.8

 

 

$

(3.9

)

 

$

287.8

 

Transfers between segments

 

 

(1.2

)

 

 

(2.7

)

 

 

 

 

 

 

 

 

3.9

 

 

 

 

Net sales to unaffiliated customers

 

$

195.8

 

 

$

78.5

 

 

$

12.7

 

 

$

0.8

 

 

$

 

 

$

287.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income/(loss) from operations

 

$

27.3

 

 

$

20.2

 

 

$

1.1

 

 

$

(1.2

)

 

$

(13.3

)

 

$

34.1

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.1

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1.8

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

34.8

 

 

 

 

Three Months Ended August 1, 2020

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations

/Corporate

 

 

Consolidated

 

Net sales

 

$

126.4

 

 

$

52.4

 

 

$

13.4

 

 

$

0.4

 

 

$

(1.7

)

 

$

190.9

 

Transfers between segments

 

 

(1.3

)

 

 

(0.4

)

 

 

 

 

 

 

 

 

1.7

 

 

 

 

Net sales to unaffiliated customers

 

$

125.1

 

 

$

52.0

 

 

$

13.4

 

 

$

0.4

 

 

$

 

 

$

190.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income/(loss) from operations

 

$

15.3

 

 

$

7.0

 

 

$

1.1

 

 

$

(1.6

)

 

$

(8.0

)

 

$

13.8

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.6

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3.4

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

15.6

 

 

 

(in millions)

 

July 31, 2021

 

 

May 1, 2021

 

Identifiable assets:

 

 

 

 

 

 

 

 

Automotive

 

$

746.2

 

 

$

739.5

 

Industrial

 

 

468.5

 

 

 

461.6

 

Interface

 

 

86.8

 

 

 

90.4

 

Medical

 

 

7.7

 

 

 

7.6

 

Eliminations/Corporate

 

 

149.8

 

 

 

167.9

 

Total identifiable assets

 

$

1,459.0

 

 

$

1,467.0