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Condensed consolidated statements of operations (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Oct. 29, 2011
Oct. 30, 2010
Oct. 29, 2011
Oct. 30, 2010
Net sales $ 115,890 $ 107,716 $ 226,695 $ 206,703
Cost of products sold 94,972 84,073 185,794 162,853
Gross Margins 20,918 23,643 40,901 43,850
Restructuring 0 (21) 0 (21)
Selling and administrative expenses 18,278 21,293 36,840 37,650
Income from operations 2,640 2,371 4,061 6,221
Interest expense, net 1 61 5 88
Other expense, net 194 2,032 152 1,183
Income before income taxes 2,445 278 3,904 4,950
Income tax expense 2,221 768 2,243 1,410
Net income/(loss) 224 (490) 1,661 3,540
Less: Net income/(loss) attributable to noncontrolling interest (87) 23 (145) (12)
NET INCOME/(LOSS) ATTRIBUTABLE TO METHODE ELECTRONICS, INC. $ 311 $ (513) $ 1,806 $ 3,552
Amounts per common share attributable to Methode Electronics, Inc.:        
Basic $ 0.01 $ (0.01) $ 0.05 $ 0.10
Diluted $ 0.01 $ (0.01) $ 0.05 $ 0.10
Cash dividends:        
Common stock $ 0.07 $ 0.07 $ 0.14 $ 0.14
Weighted average number of Common Shares outstanding:        
Basic 37,309,890 37,058,108 37,293,598 37,051,058
Diluted 37,520,247 37,058,108 37,516,998 37,281,600