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SUMMARY OF QUARTERLY RESULTS
 12 Months Ended
Apr. 28, 2012
Summary of Quarterly Results of Operations (Unaudited) [Abstract]  
Quarterly Financial Information [Text Block]
Summary of Quarterly Results of Operations (Unaudited)
 
The following is a summary of unaudited quarterly results of operations for the two years ended April 28, 2012 and April 30, 2011:

 
Fiscal 2012
Quarter Ended
 
July 30
 
October 29
 
January 28
 
April 28
Net sales
$
110,804

 
$
115,890

 
$
112,000

 
$
126,401

Gross profit
19,980

 
20,918

 
19,254

 
22,962

Net income attributable to Methode Electronics, Inc.
1,494

 
311

 
809

 
5,769

Net income per basic and diluted common share
$
0.04

 
$
0.01

 
$
0.02

 
$
0.15

 
 
Fiscal 2011
Quarter Ended
 
July 31
 
October 30
 
January 29
 
April 30
Net sales
$
98,973

 
$
107,716

 
$
102,102

 
$
119,424

Gross profit
19,444

 
23,643

 
19,434

 
26,652

 
 
 
 
 
 
 
 
Income/(loss) from continuing operations, net of tax
4,065

 
(513
)
 
5,883

 
9,410

Income from discontinued operations, net of tax
—

 
—

 
—

 
655

Net income/(loss) attributable to Methode Electronics, Inc.
$
4,065

 
$
(513
)
 
$
5,883

 
$
10,065

 
 
 
 
 
 
 
 
Basic income/(loss) per share:
 
 
 
 
 
 
 
Continuing operations
$
0.11

 
$
(0.01
)
 
$
0.16

 
$
0.25

Discontinued operations
$
—

 
$
—

 
$
—

 
$
0.02

Basic income/(loss) per share
$
0.11

 
$
(0.01
)
 
$
0.16

 
$
0.27

 
 
 
 
 
 
 
 
Diluted income/(loss) per share:
 
 
 
 
 
 
 
Continuing operations
$
0.11

 
$
(0.01
)
 
$
0.16

 
$
0.24

Discontinued operations
$
—

 
$
—

 
$
—

 
$
0.02

Diluted income/(loss) per share
$
0.11

 
$
(0.01
)
 
$
0.16

 
$
0.26


 Significant Items for Fiscal 2012
 
The first, second, third and fourth quarter of fiscal 2012 includes pre-tax legal fees relating to the Delphi supply agreement and patent lawsuit of $1,047, $1,185, $530 and $940, respectively.

Significant Items for Fiscal 2011
 
The second quarter of fiscal 2011 includes a pre-tax charge of $3,834 for litigation regarding unsecured claims related to the Delphi bankruptcy. The litigation was settled in the third quarter of fiscal 2011for $2,068, resulting in a reversal of expense of $1,766. The fourth quarter of fiscal 2011 includes an after tax gain on the sale of a business of $655. In addition, the first, second, third and fourth quarter of fiscal 2011 includes pre-tax legal fees relating to the Delphi supply agreement and patent lawsuit of $1,474, $924, $1,123 and $1,247, respectively.