10-K Filing

METHODE ELECTRONICS INC CIK: 65270 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0000065270-15-000016`
Period End Date	20150430
Filing Date	20150625
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	mei-20150502.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 81 Cash Flow Statement 86 Stockholders Equity 28 Comprehensive Income 15

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Allowance, accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$500.00K	USD	Point-in-time
Allowance, accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$700.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time
Accounts receivable, less allowance (2015 $0.5; 2014 $0.7)	`AccountsReceivableNetCurrent`	$173.00M	USD	Point-in-time
Accounts receivable, less allowance (2015 $0.5; 2014 $0.7)	`AccountsReceivableNetCurrent`	$170.40M	USD	Point-in-time
par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
shares issued (in shares)	`CommonStockSharesIssued`	39.70M	shares	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$16.00M	USD	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$14.20M	USD	Point-in-time
shares issued (in shares)	`CommonStockSharesIssued`	39.26M	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$12.20M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$12.00M	USD	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$45.40M	USD	Point-in-time
shares issued (in shares)	`TreasuryStockShares`	1.34M	shares	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$42.70M	USD	Point-in-time
shares issued (in shares)	`TreasuryStockShares`	1.35M	shares	Point-in-time
Inventories	`InventoryNet`	$71.60M	USD	Point-in-time
Inventories	`InventoryNet`	$70.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetCurrent`	$15.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetCurrent`	$8.70M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidAndRefundableIncomeTaxes`	$1.80M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidAndRefundableIncomeTaxes`	$400.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$11.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$12.10M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$438.30M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$381.70M	USD	Point-in-time
Land	`Land`	$3.10M	USD	Point-in-time
Land	`Land`	$800.00K	USD	Point-in-time
Buildings and building improvements	`BuildingsAndImprovementsGross`	$45.90M	USD	Point-in-time
Buildings and building improvements	`BuildingsAndImprovementsGross`	$44.40M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$264.00M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$274.60M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT - Gross	`PropertyPlantAndEquipmentGross`	$323.60M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT - Gross	`PropertyPlantAndEquipmentGross`	$309.20M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$222.40M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$215.90M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT - Net	`PropertyPlantAndEquipmentNet`	$93.30M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT - Net	`PropertyPlantAndEquipmentNet`	$98.40M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT - Net	`PropertyPlantAndEquipmentNet`	$101.20M	USD	Point-in-time
Goodwill	`Goodwill`	$16.40M	USD	Point-in-time
Goodwill	`Goodwill`	$13.00M	USD	Point-in-time
Goodwill	`Goodwill`	$13.00M	USD	Point-in-time
Goodwill	`Goodwill`	$12.90M	USD	Point-in-time
Other intangibles, less accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$13.00M	USD	Point-in-time
Other intangibles, less accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$11.30M	USD	Point-in-time
Cash surrender value of life insurance	`CashSurrenderValueOfLifeInsurance`	$7.00M	USD	Point-in-time
Cash surrender value of life insurance	`CashSurrenderValueOfLifeInsurance`	$8.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$40.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$32.10M	USD	Point-in-time
Pre-production costs	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$10.50M	USD	Point-in-time
Pre-production costs	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$10.50M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$11.60M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$7.90M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$92.60M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$74.20M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$434.90M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$605.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$575.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$70.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$82.00M	USD	Point-in-time
Salaries, wages and payroll taxes	`EmployeeRelatedLiabilitiesCurrent`	$30.60M	USD	Point-in-time
Salaries, wages and payroll taxes	`EmployeeRelatedLiabilitiesCurrent`	$15.30M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$15.90M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$17.20M	USD	Point-in-time
Deferred income taxes	`AccruedIncomeTaxesCurrent`	$1.30M	USD	Point-in-time
Deferred income taxes	`AccruedIncomeTaxesCurrent`	$1.70M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$4.60M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$11.00M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$130.60M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$119.10M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$5.00M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$48.00M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$3.40M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$4.00M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.80M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.20M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,702,036 and 39,262,168 shares issued as of May 2, 2015 and May 3, 2014, respectively	`CommonStockValue`	$19.60M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,702,036 and 39,262,168 shares issued as of May 2, 2015 and May 3, 2014, respectively	`CommonStockValue`	$19.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$102.20M	USD	Point-in-time
Accumulated other comprehensive income/(loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$24.70M	USD	Point-in-time
Accumulated other comprehensive income/(loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.30M	USD	Point-in-time
Treasury stock, 1,346,624 and 1,342,188 shares as of May 2, 2015 and May 3, 2014, respectively	`TreasuryStockValue`	$11.40M	USD	Point-in-time
Treasury stock, 1,346,624 and 1,342,188 shares as of May 2, 2015 and May 3, 2014, respectively	`TreasuryStockValue`	$11.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$269.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$356.50M	USD	Point-in-time
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS EQUITY	`StockholdersEquity`	$391.90M	USD	Point-in-time
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS EQUITY	`StockholdersEquity`	$458.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$200.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$300.00K	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$459.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.20M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$289.60M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$255.20M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$575.50M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$605.80M	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$206.00M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$881.10M	USD	Annual
Net sales	`SalesRevenueNet`	$167.30M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$218.10M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$227.30M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$189.80M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$519.80M	USD	Annual
Net sales	`SalesRevenueNet`	$772.80M	USD	Annual
Net sales	`SalesRevenueNet`	$224.80M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$229.70M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$190.90M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$662.30M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$428.20M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$616.10M	USD	Annual
Gross profit	`GrossProfit`	$42.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$34.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$56.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$38.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$50.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$41.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$91.60M	USD	Annual
Gross profit	`GrossProfit`	$51.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$60.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$156.70M	USD	Annual
Gross profit	`GrossProfit`	$218.80M	USD	Annual
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$1.70M	USD	Annual
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$11.10M	USD	Annual
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$4.30M	USD	Annual
Income from settlement	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Income from settlement	`GainLossRelatedToLitigationSettlement`	$20.00M	USD	Annual
Income from settlement	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$66.30M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$94.00M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$79.60M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.80M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.50M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.80M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$73.60M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$112.20M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$39.20M	USD	Annual
Gain from sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain from sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain from sale of business	`GainLossOnSaleOfBusiness`	$7.70M	USD	Annual
Interest (income)/expense, net	`InterestExpenseIncomeNet`	$300.00K	USD	Annual
Interest (income)/expense, net	`InterestExpenseIncomeNet`	-	USD	Annual
Interest (income)/expense, net	`InterestExpenseIncomeNet`	$-700.00K	USD	Annual
Other (income)/expense	`NonoperatingIncomeExpense`	$200.00K	USD	Annual
Other (income)/expense	`NonoperatingIncomeExpense`	$2.60M	USD	Annual
Other (income)/expense	`NonoperatingIncomeExpense`	$-1.30M	USD	Annual
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.90M	USD	Annual
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$75.90M	USD	Annual
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$120.80M	USD	Annual
Income tax expense/(benefit)	`IncomeTaxExpenseBenefit`	$-2.50M	USD	Annual
Income tax expense/(benefit)	`IncomeTaxExpenseBenefit`	$19.80M	USD	Annual
Income tax expense/(benefit)	`IncomeTaxExpenseBenefit`	$-20.30M	USD	Annual
Net income	`ProfitLoss`	$101.00M	USD	Annual
Net income	`ProfitLoss`	$96.20M	USD	Annual
Net income	`ProfitLoss`	$40.40M	USD	Annual
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	Annual
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-300.00K	USD	Annual
Less: Net income/(loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	Annual
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$13.60M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$19.80M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$27.10M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$21.40M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$14.60M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$96.10M	USD	Annual
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$40.70M	USD	Annual
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$26.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$101.10M	USD	Annual
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$26.60M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$48.10M	USD	1 Quarter
Basic income per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.61	USD	Annual
Basic income per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.53	USD	Annual
Basic income per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.09	USD	Annual
Diluted income per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.51	USD	Annual
Diluted income per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.08	USD	Annual
Diluted income per share (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.57	USD	Annual
Common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.36	USD	Annual
Common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.28	USD	Annual
Common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	Annual

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$101.00M	USD	Annual
Net income	`ProfitLoss`	$96.20M	USD	Annual
Net income	`ProfitLoss`	$40.40M	USD	Annual
Loss on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-200.00K	USD	Annual
Loss on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$1.70M	USD	Annual
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$11.10M	USD	Annual
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$4.30M	USD	Annual
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain on sale of business	`GainLossOnSaleOfBusiness`	$7.70M	USD	Annual
Provision for depreciation	`Depreciation`	$17.00M	USD	Annual
Provision for depreciation	`Depreciation`	$21.90M	USD	Annual
Provision for depreciation	`Depreciation`	$22.10M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.80M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.50M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.80M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$4.30M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$3.30M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$3.30M	USD	Annual
Provision for bad debt	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Provision for bad debt	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$100.00K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$7.20M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$29.20M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$300.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.70M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.60M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.20M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$16.10M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$11.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$1.60M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.10M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.60M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-200.00K	USD	Annual
Accounts payable and other expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.90M	USD	Annual
Accounts payable and other expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.70M	USD	Annual
Accounts payable and other expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$36.80M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$72.40M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$33.20M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$122.90M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.50M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.60M	USD	Annual
Acquisition of businesses	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	-	USD	Annual
Acquisition of businesses	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	-	USD	Annual
Acquisition of businesses	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$1.40M	USD	Annual
Sale of business/investment	`ProceedsFromSalesOfAssetsInvestingActivities`	$11.20M	USD	Annual
Sale of business/investment	`ProceedsFromSalesOfAssetsInvestingActivities`	$6.10M	USD	Annual
Sale of business/investment	`ProceedsFromSalesOfAssetsInvestingActivities`	-	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-22.90M	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-40.00M	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-11.30M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$600.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.00M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.00M	USD	Annual
Tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$400.00K	USD	Annual
Tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.30M	USD	Annual
Tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	Annual
Cash dividends	`PaymentsOfDividendsCommonStock`	$13.80M	USD	Annual
Cash dividends	`PaymentsOfDividendsCommonStock`	$11.30M	USD	Annual
Cash dividends	`PaymentsOfDividendsCommonStock`	$10.30M	USD	Annual
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	$37.00M	USD	Annual
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	$38.00M	USD	Annual
Repayment of borrowings	`RepaymentsOfLinesOfCredit`	$41.50M	USD	Annual
Repayment of borrowings	`RepaymentsOfLinesOfCredit`	$43.00M	USD	Annual
Repayment of borrowings	`RepaymentsOfLinesOfCredit`	$33.50M	USD	Annual
NET CASH USED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-1.40M	USD	Annual
NET CASH USED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-48.50M	USD	Annual
NET CASH USED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-14.20M	USD	Annual
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	Annual
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.50M	USD	Annual
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.40M	USD	Annual
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-21.00M	USD	Annual
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$50.60M	USD	Annual
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$51.70M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$116.40M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$65.80M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$168.10M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$116.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$65.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$168.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$86.80M	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$459.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.20M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$289.60M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$255.20M	USD	Point-in-time
Earned portion of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	Annual
Earned portion of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	Annual
Earned portion of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	Annual
Stock award and stock option amortization expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	Annual
Stock award and stock option amortization expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	Annual
Stock award and stock option amortization expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.30M	USD	Annual
Exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.00M	USD	Annual
Exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$600.00K	USD	Annual
Exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.00M	USD	Annual
Tax benefit from stock option exercises	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$4.30M	USD	Annual
Tax benefit from stock option exercises	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$400.00K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$9.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$100.00K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-33.00M	USD	Annual
Net income for year	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$101.00M	USD	Annual
Net income for year	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$40.70M	USD	Annual
Net income for year	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$96.20M	USD	Annual
Cash dividends on common stock	`DividendsCash`	$10.30M	USD	Annual
Cash dividends on common stock	`DividendsCash`	$13.80M	USD	Annual
Cash dividends on common stock	`DividendsCash`	$11.30M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$459.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.20M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$289.60M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$255.20M	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$101.00M	USD	Annual
Net income	`ProfitLoss`	$96.20M	USD	Annual
Net income	`ProfitLoss`	$40.40M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$9.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$100.00K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-33.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$40.50M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$68.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$105.20M	USD	Annual
Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.00K	USD	Annual
Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-300.00K	USD	Annual
Comprehensive income/(loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$100.00K	USD	Annual
Comprehensive income attributable to Methode shareholders	`ComprehensiveIncomeNetOfTax`	$105.10M	USD	Annual
Comprehensive income attributable to Methode shareholders	`ComprehensiveIncomeNetOfTax`	$68.10M	USD	Annual
Comprehensive income attributable to Methode shareholders	`ComprehensiveIncomeNetOfTax`	$40.80M	USD	Annual

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