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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jan. 26, 2013
Apr. 28, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 73,375 $ 86,797
Accounts receivable, net 94,420 98,359
Inventories:    
Finished products 8,849 7,001
Work in process 17,663 14,235
Materials 27,270 22,325
Net inventory 53,782 43,561
Deferred income taxes 3,571 3,529
Prepaid and refundable income taxes 439 1,015
Prepaid expenses and other current assets 7,872 7,172
TOTAL CURRENT ASSETS 233,459 240,433
PROPERTY, PLANT AND EQUIPMENT 293,562 277,451
Less allowances for depreciation 200,182 200,299
Net property, plant and equipment 93,380 77,152
GOODWILL 17,257 16,422
INTANGIBLE ASSETS, net 17,046 16,620
PRE-PRODUCTION COSTS 12,784 16,215
OTHER ASSETS 37,158 36,806
Total other long-term assets 84,245 86,063
TOTAL ASSETS 411,084 403,648
CURRENT LIABILITIES    
Accounts payable 46,472 54,775
Other current liabilities 32,447 37,102
TOTAL CURRENT LIABILITIES 78,919 91,877
LONG-TERM DEBT 40,000 48,000
OTHER LIABILITIES 3,375 3,413
DEFERRED COMPENSATION 5,557 4,801
NON-CONTROLLING INTEREST 106 333
SHAREHOLDERS’ EQUITY    
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,402,678 and 38,375,678 shares issued as of January 26, 2013 and April 28, 2012, respectively 19,201 19,188
Additional paid-in capital 80,111 77,652
Accumulated other comprehensive income 18,173 15,573
Treasury stock, 1,342,188 shares as of January 26, 2013 and April 28, 2012 (11,377) (11,377)
Retained earnings 176,804 154,008
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS’ EQUITY 282,912 255,044
Noncontrolling interest 215 180
TOTAL EQUITY 283,127 255,224
TOTAL LIABILITIES AND EQUITY $ 411,084 $ 403,648