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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jul. 27, 2013
Apr. 27, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 73,412 $ 65,811
Accounts receivable, net 135,585 119,816
Inventories:    
Finished products 18,356 11,736
Work in process 10,695 10,220
Materials 39,961 37,973
Net inventory 69,012 59,929
Deferred income taxes 3,367 3,313
Prepaid and refundable income taxes 269 326
Prepaid expenses and other current assets 10,572 9,459
TOTAL CURRENT ASSETS 292,217 258,654
PROPERTY, PLANT AND EQUIPMENT 305,709 297,255
Less allowances for depreciation 205,391 198,897
Net property, plant and equipment 100,318 98,358
GOODWILL 12,922 12,907
INTANGIBLE ASSETS, net 16,032 16,466
PRE-PRODUCTION COSTS 14,891 11,511
OTHER ASSETS 37,513 37,043
Total other long-term assets 81,358 77,927
TOTAL ASSETS 473,893 434,939
CURRENT LIABILITIES    
Accounts payable 76,166 61,541
Other current liabilities 27,140 28,930
TOTAL CURRENT LIABILITIES 103,306 90,471
LONG-TERM DEBT 52,500 43,500
OTHER LIABILITIES 3,705 3,294
DEFERRED COMPENSATION 9,073 8,090
SHAREHOLDERS’ EQUITY    
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,579,860 and 38,455,853 shares issued as of July 27, 2013 and April 27, 2013, respectively 19,290 19,228
Additional paid-in capital 83,650 81,472
Accumulated other comprehensive income 18,123 15,680
Treasury stock, 1,342,188 shares as of July 27, 2013 and April 27, 2013 (11,377) (11,377)
Retained earnings 195,374 184,368
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS’ EQUITY 305,060 289,371
Noncontrolling interest 249 213
TOTAL EQUITY 305,309 289,584
TOTAL LIABILITIES AND EQUITY $ 473,893 $ 434,939