CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 31, 2021	May 01, 2021
Current assets:
Cash and cash equivalents	$ 207.9	$ 233.2
Accounts receivable, net	276.7	282.5
Inventories	142.4	124.2
Income taxes receivable	13.3	11.5
Prepaid expenses and other current assets	20.6	22.6
Total current assets	660.9	674.0
Long-term assets:
Property, plant and equipment, net	214.6	204.0
Goodwill	235.2	235.6
Other intangible assets, net	224.1	229.4
Operating lease right-of-use assets, net	20.6	22.3
Deferred tax assets	40.2	41.2
Pre-production costs	27.8	25.0
Other long-term assets	35.6	35.5
Total long-term assets	798.1	793.0
Total assets	1,459.0	1,467.0
Current liabilities:
Accounts payable	110.8	122.9
Accrued employee liabilities	24.1	33.5
Other accrued liabilities	28.7	25.0
Short-term operating lease liabilities	5.9	6.1
Short-term debt	14.8	14.9
Income tax payable	19.8	20.3
Total current liabilities	204.1	222.7
Long-term liabilities:
Long-term debt	220.6	225.2
Long-term operating lease liabilities	16.1	17.5
Long-term income taxes payable	24.8	24.8
Other long-term liabilities	21.4	20.5
Deferred tax liabilities	37.7	38.3
Total long-term liabilities	320.6	326.3
Total liabilities	524.7	549.0
Shareholders' equity:
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,544,645 shares and 39,644,913 shares issued as of July 31, 2021 and May 1, 2021, respectively	19.8	19.8
Additional paid-in capital	161.2	157.6
Accumulated other comprehensive income	2.9	6.1
Treasury stock, 1,346,624 shares as of July 31, 2021 and May 1, 2021	(11.5)	(11.5)
Retained earnings	761.9	746.0
Total shareholders' equity	934.3	918.0
Total liabilities and shareholders' equity	$ 1,459.0	$ 1,467.0