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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 27, 2012
Apr. 28, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 76,999 $ 86,797
Accounts receivable, net 107,894 98,359
Inventories:    
Finished products 9,389 7,001
Work in process 15,927 14,235
Materials 25,507 22,325
Net inventory 50,823 43,561
Deferred income taxes 3,465 3,529
Prepaid and refundable income taxes 566 1,015
Prepaid expenses and other current assets 8,920 7,172
TOTAL CURRENT ASSETS 248,667 240,433
PROPERTY, PLANT AND EQUIPMENT 283,863 277,451
Less allowances for depreciation 193,980 200,299
Net property, plant and equipment 89,883 77,152
GOODWILL 17,216 16,422
INTANGIBLE ASSETS, net 17,482 16,620
PRE-PRODUCTION COSTS 12,101 16,215
OTHER ASSETS 37,027 36,806
Total other long-term assets 83,826 86,063
TOTAL ASSETS 422,376 403,648
CURRENT LIABILITIES    
Accounts payable 56,746 54,775
Other current liabilities 32,880 37,102
TOTAL CURRENT LIABILITIES 89,626 91,877
LONG-TERM DEBT 46,000 48,000
OTHER LIABILITIES 3,322 3,413
DEFERRED COMPENSATION 5,436 4,801
NON-CONTROLLING INTEREST 170 333
SHAREHOLDERS’ EQUITY    
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,402,678 and 38,375,678 shares issued as of October 27, 2012 and April 28, 2012, respectively 19,201 19,188
Additional paid-in capital 79,386 77,652
Accumulated other comprehensive income 14,333 15,573
Treasury stock, 1,342,188 shares as of October 27, 2012 and April 28, 2012 (11,377) (11,377)
Retained earnings 176,072 154,008
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS’ EQUITY 277,615 255,044
Noncontrolling interest 207 180
TOTAL EQUITY 277,822 255,224
TOTAL LIABILITIES AND EQUITY $ 422,376 $ 403,648