10-Q Filing

METHODE ELECTRONICS INC CIK: 65270 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0000065270-14-000013`
Period End Date	20140131
Filing Date	20140313
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	mei-20140201.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 72 Cash Flow Statement 44 Comprehensive Income 20

Balance Sheet 78 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`	38.46M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time
Common stock, number of shares issued	`CommonStockSharesIssued`	39.26M	shares	Point-in-time
Treasury stock, number of shares	`TreasuryStockShares`	1.34M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$134.88M	USD	Point-in-time
Treasury stock, number of shares	`TreasuryStockShares`	1.34M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$119.82M	USD	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$11.74M	USD	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$16.36M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$10.44M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$10.22M	USD	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$52.41M	USD	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$37.97M	USD	Point-in-time
Net inventory	`InventoryNet`	$79.21M	USD	Point-in-time
Net inventory	`InventoryNet`	$59.93M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.42M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidAndRefundableIncomeTaxes`	$326.00K	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidAndRefundableIncomeTaxes`	$252.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$9.46M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$10.47M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$325.00M	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`	$318.10M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$198.90M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$215.44M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$98.36M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$102.66M	USD	Point-in-time
GOODWILL	`Goodwill`	$12.94M	USD	Point-in-time
GOODWILL	`Goodwill`	$12.91M	USD	Point-in-time
INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$16.47M	USD	Point-in-time
INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$15.18M	USD	Point-in-time
PRE-PRODUCTION COSTS	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$14.62M	USD	Point-in-time
PRE-PRODUCTION COSTS	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$11.51M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$37.04M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$36.83M	USD	Point-in-time
Total other long-term assets	`AssetsNoncurrent`	$79.56M	USD	Point-in-time
Total other long-term assets	`AssetsNoncurrent`	$77.93M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$507.21M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$434.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$61.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$70.89M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.98M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$28.93M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$98.86M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$90.47M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$50.00M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$43.50M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$3.42M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$3.29M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.09M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.85M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,262,168 and 38,455,853 shares issued as of February 1, 2014 and April 27, 2013, respectively	`CommonStockValue`	$19.23M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,262,168 and 38,455,853 shares issued as of February 1, 2014 and April 27, 2013, respectively	`CommonStockValue`	$19.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$88.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$81.47M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$20.39M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.68M	USD	Point-in-time
Treasury stock, 1,342,188 shares as of February 1, 2014 and April 27, 2013	`TreasuryStockValue`	$11.38M	USD	Point-in-time
Treasury stock, 1,342,188 shares as of February 1, 2014 and April 27, 2013	`TreasuryStockValue`	$11.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$184.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$224.50M	USD	Point-in-time
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS EQUITY	`StockholdersEquity`	$341.82M	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`	$258.00K	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$342.08M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$289.58M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$434.94M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$507.21M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$189.75M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$122.98M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$547.93M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$371.48M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$102.95M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$434.08M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$151.27M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$307.69M	USD	3 Qtrs
Gross profit	`GrossProfit`	$113.85M	USD	3 Qtrs
Gross profit	`GrossProfit`	$20.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$38.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$63.79M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$22.10M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$60.61M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$48.25M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.78M	USD	1 Quarter
Income from settlement	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Income from settlement	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Income from settlement	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Income from settlement	`GainLossRelatedToLitigationSettlement`	$20.00M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$35.54M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$16.38M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$53.24M	USD	3 Qtrs
Interest expense, net	`InterestExpenseIncomeNet`	$20.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseIncomeNet`	$88.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseIncomeNet`	$27.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseIncomeNet`	$265.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-270.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-763.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-609.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-114.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$52.21M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$16.02M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.12M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$34.91M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.52M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$855.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.17M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.43M	USD	1 Quarter
Net income	`ProfitLoss`	$14.59M	USD	1 Quarter
Net income	`ProfitLoss`	$30.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$48.05M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.27M	USD	1 Quarter
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-57.00K	USD	1 Quarter
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-6.00K	USD	1 Quarter
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-189.00K	USD	3 Qtrs
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$35.00K	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$30.58M	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$48.01M	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$3.33M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$14.60M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.26	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.81	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.21	USD	3 Qtrs
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Common stock	`CommonStockDividendsPerShareCashPaid`	$0.21	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.05M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.41M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.78M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.41M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.47M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.94M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.12M	shares	3 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$14.59M	USD	1 Quarter
Net income	`ProfitLoss`	$30.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$48.05M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.27M	USD	1 Quarter
Provision for depreciation	`Depreciation`	$15.95M	USD	3 Qtrs
Provision for depreciation	`Depreciation`	$11.62M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.28M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.33M	USD	3 Qtrs
Amortization of stock awards and stock options	`ShareBasedCompensation`	$2.47M	USD	3 Qtrs
Amortization of stock awards and stock options	`ShareBasedCompensation`	$2.60M	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$12.83M	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$18.84M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-268.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$30.00K	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$49.35M	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$32.90M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.01M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.52M	USD	3 Qtrs
Acquisition of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.43M	USD	3 Qtrs
Acquisition of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-23.52M	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-31.45M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.01M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$7.88M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$7.78M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$28.50M	USD	3 Qtrs
Proceeds from borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$28.50M	USD	3 Qtrs
Repayment of borrowings	`RepaymentsOfLongTermDebt`	$22.00M	USD	3 Qtrs
Repayment of borrowings	`RepaymentsOfLongTermDebt`	$36.50M	USD	3 Qtrs
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$3.64M	USD	3 Qtrs
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-15.78M	USD	3 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.50M	USD	3 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$905.00K	USD	3 Qtrs
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$30.97M	USD	3 Qtrs
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-13.42M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$65.81M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$96.78M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$73.38M	USD	Point-in-time
Cash and cash equivalents at beginning 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`	$96.78M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$73.38M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$14.59M	USD	1 Quarter
Net income	`ProfitLoss`	$30.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$48.05M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.27M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.70M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.41M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.61M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.74M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.11M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-10.00K	USD	1 Quarter
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.00K	USD	3 Qtrs
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-178.00K	USD	3 Qtrs
Less: Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-58.00K	USD	1 Quarter
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$52.70M	USD	3 Qtrs
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$33.18M	USD	3 Qtrs
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$11.19M	USD	1 Quarter
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$7.17M	USD	1 Quarter

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