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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 26, 2013
Apr. 27, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 87,819 $ 65,811
Accounts receivable, net 147,453 119,816
Inventories:    
Finished products 15,567 11,736
Work in process 10,073 10,220
Materials 42,985 37,973
Net inventory 68,625 59,929
Deferred income taxes 3,475 3,313
Prepaid and refundable income taxes 269 326
Prepaid expenses and other current assets 9,956 9,459
TOTAL CURRENT ASSETS 317,597 258,654
PROPERTY, PLANT AND EQUIPMENT 317,107 297,255
Less allowances for depreciation 214,249 198,897
Net property, plant and equipment 102,858 98,358
GOODWILL 12,955 12,907
INTANGIBLE ASSETS, net 15,625 16,466
PRE-PRODUCTION COSTS 16,138 11,511
OTHER ASSETS 37,324 37,043
Total other long-term assets 82,042 77,927
TOTAL ASSETS 502,497 434,939
CURRENT LIABILITIES    
Accounts payable 78,410 61,541
Other current liabilities 28,144 28,930
TOTAL CURRENT LIABILITIES 106,554 90,471
LONG-TERM DEBT 51,500 43,500
OTHER LIABILITIES 3,281 3,294
DEFERRED COMPENSATION 10,963 8,090
SHAREHOLDERS’ EQUITY    
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,724,526 and 38,455,853 shares issued as of October 26, 2013 and April 27, 2013, respectively 19,362 19,228
Additional paid-in capital 85,582 81,472
Accumulated other comprehensive income 23,805 15,680
Treasury stock, 1,342,188 shares as of October 26, 2013 and April 27, 2013 (11,377) (11,377)
Retained earnings 212,559 184,368
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS’ EQUITY 329,931 289,371
Noncontrolling interest 268 213
TOTAL EQUITY 330,199 289,584
TOTAL LIABILITIES AND EQUITY $ 502,497 $ 434,939