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Condensed consolidated statements of operations (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 28, 2012
Jan. 29, 2011
Jan. 28, 2012
Jan. 29, 2011
Net sales $ 112,000 $ 102,102 $ 338,694 $ 308,807
Cost of products sold 92,746 82,668 278,540 245,522
Gross Margins 19,254 19,434 60,154 63,285
Restructuring 0 0 0 (21)
Selling and administrative expenses 16,838 15,496 53,679 53,149
Income from operations 2,416 3,938 6,475 10,157
Interest (income)/expense, net (164) 116 (160) 203
Other (income)/expense, net 615 (490) 767 693
Income before income taxes 1,965 4,312 5,868 9,261
Income tax (benefit)/expense 1,180 (1,499) 3,423 (89)
Net income 785 5,811 2,445 9,350
Less: Net loss attributable to noncontrolling interest (24) (72) (170) (85)
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC. $ 809 $ 5,883 $ 2,615 $ 9,435
Amounts per common share attributable to Methode Electronics, Inc.:        
Basic $ 0.02 $ 0.16 $ 0.07 $ 0.25
Diluted $ 0.02 $ 0.16 $ 0.07 $ 0.25
Cash dividends:        
Common stock $ 0.07 $ 0.07 $ 0.21 $ 0.21
Weighted average number of Common Shares outstanding:        
Basic 37,309,890 37,144,021 37,299,029 37,087,538
Diluted 37,540,222 37,641,135 37,522,475 37,406,937