10-Q Filing

METHODE ELECTRONICS INC CIK: 65270 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0000065270-15-000038`
Period End Date	20151031
Filing Date	20151210
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	mei-20151031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 68 Cash Flow Statement 46 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, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	39.70M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	39.45M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.20M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$170.40M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.35M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.35M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$165.20M	USD	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$13.80M	USD	Point-in-time
Finished products	`InventoryFinishedGoodsNetOfReserves`	$16.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$9.70M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$12.20M	USD	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$42.70M	USD	Point-in-time
Materials	`InventoryRawMaterialsNetOfReserves`	$42.70M	USD	Point-in-time
Net inventory	`InventoryNet`	$66.20M	USD	Point-in-time
Net inventory	`InventoryNet`	$70.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$13.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$15.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$18.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$13.90M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$450.40M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$438.30M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentGross`	$309.20M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentGross`	$313.50M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$215.90M	USD	Point-in-time
Less allowances for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$223.00M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$93.30M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$90.50M	USD	Point-in-time
GOODWILL	`Goodwill`	$1.70M	USD	Point-in-time
GOODWILL	`Goodwill`	$1.60M	USD	Point-in-time
INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$10.10M	USD	Point-in-time
INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$11.30M	USD	Point-in-time
PRE-PRODUCTION COSTS	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$9.40M	USD	Point-in-time
PRE-PRODUCTION COSTS	`PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned`	$10.50M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$32.10M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$28.90M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$19.00M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$18.60M	USD	Point-in-time
Total other long-term assets	`AssetsNoncurrent`	$74.20M	USD	Point-in-time
Total other long-term assets	`AssetsNoncurrent`	$69.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$605.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$609.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$70.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$71.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$40.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$60.50M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$130.60M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$111.50M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$22.00M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebt`	$5.00M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$4.00M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$3.90M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.80M	USD	Point-in-time
DEFERRED COMPENSATION	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.20M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,453,447 and 39,702,036 shares issued as of October 31, 2015 and May 2, 2015, respectively	`CommonStockValue`	$19.90M	USD	Point-in-time
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,453,447 and 39,702,036 shares issued as of October 31, 2015 and May 2, 2015, respectively	`CommonStockValue`	$19.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$102.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$108.70M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.40M	USD	Point-in-time
Treasury stock, 1,346,624 shares as of October 31, 2015 and May 2, 2015	`TreasuryStockValue`	$11.50M	USD	Point-in-time
Treasury stock, 1,346,624 shares as of October 31, 2015 and May 2, 2015	`TreasuryStockValue`	$11.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$364.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$356.50M	USD	Point-in-time
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS EQUITY	`StockholdersEquity`	$458.80M	USD	Point-in-time
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS EQUITY	`StockholdersEquity`	$464.60M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$100.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$200.00K	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$459.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$464.70M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$609.90M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$605.80M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$208.40M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$447.80M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$411.70M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$229.70M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$169.50M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$337.20M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsSold`	$307.20M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsSold`	$157.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$60.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$110.60M	USD	2 Qtrs
Gross profit	`GrossProfit`	$104.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$50.90M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$24.50M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$47.60M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$47.60M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$25.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$63.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$34.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$26.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$56.90M	USD	2 Qtrs
Interest income, net	`InterestExpenseIncomeNet`	$-200.00K	USD	2 Qtrs
Interest income, net	`InterestExpenseIncomeNet`	$-500.00K	USD	2 Qtrs
Interest income, net	`InterestExpenseIncomeNet`	$-300.00K	USD	1 Quarter
Interest income, net	`InterestExpenseIncomeNet`	$-100.00K	USD	1 Quarter
Other (income) / expense	`NonoperatingIncomeExpense`	$500.00K	USD	2 Qtrs
Other (income) / expense	`NonoperatingIncomeExpense`	$200.00K	USD	1 Quarter
Other (income) / expense	`NonoperatingIncomeExpense`	$-100.00K	USD	2 Qtrs
Other (income) / expense	`NonoperatingIncomeExpense`	$-200.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$34.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.90M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$63.10M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$57.90M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.70M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.70M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.10M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.70M	USD	1 Quarter
Net income	`ProfitLoss`	$26.00M	USD	1 Quarter
Net income	`ProfitLoss`	$44.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$47.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$21.20M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$47.40M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$21.20M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$44.80M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC.	`NetIncomeLoss`	$26.00M	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.67	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.23	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.15	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.55	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.15	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.54	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.21	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.66	USD	1 Quarter
Common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.18	USD	2 Qtrs
Common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.18	USD	2 Qtrs
Common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.91M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.57M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.03M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.04M	shares	2 Qtrs

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$26.00M	USD	1 Quarter
Net income	`ProfitLoss`	$44.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$47.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$21.20M	USD	1 Quarter
Provision for depreciation	`Depreciation`	$10.80M	USD	2 Qtrs
Provision for depreciation	`Depreciation`	$11.20M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$1.20M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$800.00K	USD	2 Qtrs
Amortization of stock awards and stock options	`ShareBasedCompensation`	$2.20M	USD	2 Qtrs
Amortization of stock awards and stock options	`ShareBasedCompensation`	$2.20M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$9.90M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-1.60M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$63.20M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$49.10M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.50M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.80M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-10.80M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-9.50M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.60M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$22.80M	USD	2 Qtrs
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.30M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$400.00K	USD	2 Qtrs
Excess tax benefit from equity-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.00M	USD	2 Qtrs
Excess tax benefit from equity-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$6.90M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$6.90M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	$25.00M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Repayment of borrowings	`RepaymentsOfLinesOfCredit`	$8.00M	USD	2 Qtrs
Repayment of borrowings	`RepaymentsOfLinesOfCredit`	$18.00M	USD	2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-15.90M	USD	2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-18.60M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.20M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.00M	USD	2 Qtrs
INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$18.50M	USD	2 Qtrs
INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$27.80M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$168.10M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$116.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$186.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$144.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$168.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$116.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$186.60M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$144.20M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$26.00M	USD	1 Quarter
Net income	`ProfitLoss`	$44.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$47.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$21.20M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.80M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.10M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$36.70M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$19.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$31.30M	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$15.20M	USD	1 Quarter
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$36.70M	USD	2 Qtrs
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$31.30M	USD	2 Qtrs
Comprehensive income attributable to Methode Electronics, Inc.	`ComprehensiveIncomeNetOfTax`	$19.20M	USD	1 Quarter

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