CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jan. 29, 2022	May 01, 2021
Current assets:
Cash and cash equivalents	$ 153.1	$ 233.2
Accounts receivable, net	285.2	282.5
Inventories	167.0	124.2
Income taxes receivable	14.2	11.5
Prepaid expenses and other current assets	20.9	22.6
Total current assets	640.4	674.0
Long-term assets:
Property, plant and equipment, net	200.6	204.0
Goodwill	234.0	235.6
Other intangible assets, net	213.3	229.4
Operating lease right-of-use assets, net	18.0	22.3
Deferred tax assets	38.8	41.2
Pre-production costs	28.7	25.0
Other long-term assets	37.5	35.5
Total long-term assets	770.9	793.0
Total assets	1,411.3	1,467.0
Current liabilities:
Accounts payable	115.9	122.9
Accrued employee liabilities	26.6	33.5
Other accrued liabilities	24.7	25.0
Short-term operating lease liabilities	6.1	6.1
Short-term debt	13.2	14.9
Income tax payable	17.2	20.3
Total current liabilities	203.7	222.7
Long-term liabilities:
Long-term debt	202.4	225.2
Long-term operating lease liabilities	12.9	17.5
Long-term income taxes payable	22.1	24.8
Other long-term liabilities	16.4	20.5
Deferred tax liabilities	37.4	38.3
Total long-term liabilities	291.2	326.3
Total liabilities	494.9	549.0
Shareholders' equity:
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,276,968 shares and 39,644,913 shares issued as of January 29, 2022 and May 1, 2021, respectively	19.2	19.8
Additional paid-in capital	166.4	157.6
Accumulated other comprehensive (loss) income	(10.6)	6.1
Treasury stock, 1,346,624 shares as of January 29, 2022 and May 1, 2021	(11.5)	(11.5)
Retained earnings	752.9	746.0
Total shareholders' equity	916.4	918.0
Total liabilities and shareholders' equity	$ 1,411.3	$ 1,467.0