10-Q Filing

METHODE ELECTRONICS INC CIK: 65270 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000065270-13-000048`
Period End Date	20131031
Filing Date	20131205
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	mei-20131026.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 72 Cash Flow Statement 44 Comprehensive Income 20

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common stock, number of shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, number of shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, number of shares issued	`CommonStockSharesIssued`	38.40M	shares	Point-in-time
Common stock, number of shares issued	`CommonStockSharesIssued`	38.38M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.81M	USD	Point-in-time
Common stock, number of shares issued	`CommonStockSharesIssued`	38.72M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$77.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.82M	USD	Point-in-time
Common stock, number of shares issued	`CommonStockSharesIssued`	38.46M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$119.82M	USD	Point-in-time
Treasury stock, number of shares	`TreasuryStockShares`	1.34M	shares	Point-in-time
Treasury stock, number of shares	`TreasuryStockShares`	1.34M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$147.45M	USD	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$15.57M	USD	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$11.74M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$10.22M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$10.07M	USD	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$42.98M	USD	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$37.97M	USD	Point-in-time
Net inventory	`InventoryNet`	$59.93M	USD	Point-in-time
Net inventory	`InventoryNet`	$68.62M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.48M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidAndRefundableIncomeTaxes`	$326.00K	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidAndRefundableIncomeTaxes`	$269.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$9.46M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$9.96M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$317.60M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$258.65M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentGross`	$297.25M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentGross`	$317.11M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$198.90M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$214.25M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$98.36M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$102.86M	USD	Point-in-time
GOODWILL	`Goodwill`	$12.91M	USD	Point-in-time
GOODWILL	`Goodwill`	$12.96M	USD	Point-in-time
INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$16.47M	USD	Point-in-time
INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$15.62M	USD	Point-in-time
PRE-PRODUCTION COSTS	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$16.14M	USD	Point-in-time
PRE-PRODUCTION COSTS	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$11.51M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$37.32M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$37.04M	USD	Point-in-time
Total other long-term assets	`AssetsNoncurrent`	$82.04M	USD	Point-in-time
Total other long-term assets	`AssetsNoncurrent`	$77.93M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$434.94M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$502.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$61.54M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$28.14M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$28.93M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$90.47M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$106.55M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$51.50M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$43.50M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$3.28M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$3.29M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$10.96M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.09M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,724,526 and 38,455,853 shares issued as of October 26, 2013 and April 27, 2013, respectively	`CommonStockValue`	$19.23M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,724,526 and 38,455,853 shares issued as of October 26, 2013 and April 27, 2013, respectively	`CommonStockValue`	$19.36M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$81.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$85.58M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.68M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$23.80M	USD	Point-in-time
Treasury stock, 1,342,188 shares as of October 26, 2013 and April 27, 2013	`TreasuryStockValue`	$11.38M	USD	Point-in-time
Treasury stock, 1,342,188 shares as of October 26, 2013 and April 27, 2013	`TreasuryStockValue`	$11.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$184.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$212.56M	USD	Point-in-time
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS EQUITY	`StockholdersEquity`	$329.93M	USD	Point-in-time
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS EQUITY	`StockholdersEquity`	$289.37M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$213.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$268.00K	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$289.58M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$330.20M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$502.50M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$434.94M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$358.18M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$129.76M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$190.91M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$248.50M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsSold`	$204.74M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsSold`	$149.53M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$282.82M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsSold`	$107.47M	USD	1 Quarter
Gross profit	`GrossProfit`	$75.36M	USD	2 Qtrs
Gross profit	`GrossProfit`	$41.38M	USD	1 Quarter
Gross profit	`GrossProfit`	$22.29M	USD	1 Quarter
Gross profit	`GrossProfit`	$43.76M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$38.50M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$19.65M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.18M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.47M	USD	2 Qtrs
Income from settlement	`GainLossRelatedToLitigationSettlement`	$20.00M	USD	2 Qtrs
Income from settlement	`GainLossRelatedToLitigationSettlement`	-	USD	2 Qtrs
Income from settlement	`GainLossRelatedToLitigationSettlement`	$20.00M	USD	1 Quarter
Income from settlement	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$31.29M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$21.73M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$36.86M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$27.11M	USD	1 Quarter
Interest expense, net	`InterestExpenseIncomeNet`	$177.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseIncomeNet`	$117.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseIncomeNet`	$7.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseIncomeNet`	$53.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-493.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-495.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-368.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-536.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$30.78M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.25M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.53M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$36.19M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.74M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.66M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.44M	USD	1 Quarter
Net income	`ProfitLoss`	$19.81M	USD	1 Quarter
Net income	`ProfitLoss`	$23.29M	USD	1 Quarter
Net income	`ProfitLoss`	$27.12M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.45M	USD	2 Qtrs
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$41.00K	USD	2 Qtrs
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-132.00K	USD	2 Qtrs
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-71.00K	USD	1 Quarter
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$19.80M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$27.25M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$23.36M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$33.41M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.89	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	2 Qtrs
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	2 Qtrs
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	2 Qtrs
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.41M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.64M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.40M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.72M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.92M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.49M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.35M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.98M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$19.81M	USD	1 Quarter
Net income	`ProfitLoss`	$23.29M	USD	1 Quarter
Net income	`ProfitLoss`	$27.12M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.45M	USD	2 Qtrs
Provision for depreciation	`Depreciation`	$10.54M	USD	2 Qtrs
Provision for depreciation	`Depreciation`	$7.99M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$783.00K	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$919.00K	USD	2 Qtrs
Amortization of stock awards and stock options	`ShareBasedCompensation`	$1.75M	USD	2 Qtrs
Amortization of stock awards and stock options	`ShareBasedCompensation`	$1.89M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$14.94M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$16.20M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$14.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-233.00K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$22.68M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$30.84M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.56M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.51M	USD	2 Qtrs
Acquisition of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.43M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-16.51M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-24.99M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.36M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$5.22M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$5.19M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$24.50M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$21.50M	USD	2 Qtrs
Repayment of borrowings	`RepaymentsOfLongTermDebt`	$26.50M	USD	2 Qtrs
Repayment of borrowings	`RepaymentsOfLongTermDebt`	$13.50M	USD	2 Qtrs
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-7.19M	USD	2 Qtrs
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$5.13M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-305.00K	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.55M	USD	2 Qtrs
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.80M	USD	2 Qtrs
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$22.01M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$65.81M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$77.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$87.82M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$65.81M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$77.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$87.82M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$19.81M	USD	1 Quarter
Net income	`ProfitLoss`	$23.29M	USD	1 Quarter
Net income	`ProfitLoss`	$27.12M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.45M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.67M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.11M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.70M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.24M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.48M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$28.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.88M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.56M	USD	2 Qtrs
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.00K	USD	1 Quarter
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-63.00K	USD	1 Quarter
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-136.00K	USD	2 Qtrs
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$55.00K	USD	2 Qtrs
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$26.02M	USD	2 Qtrs
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$25.46M	USD	1 Quarter
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$41.51M	USD	2 Qtrs
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$29.06M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.