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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Feb. 01, 2014
Apr. 27, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 96,779 $ 65,811
Accounts receivable, net 134,881 119,816
Inventories:    
Finished products 16,358 11,736
Work in process 10,443 10,220
Materials 52,405 37,973
Net inventory 79,206 59,929
Deferred income taxes 3,415 3,313
Prepaid and refundable income taxes 252 326
Prepaid expenses and other current assets 10,466 9,459
TOTAL CURRENT ASSETS 324,999 258,654
PROPERTY, PLANT AND EQUIPMENT 318,100 297,255
Less allowances for depreciation 215,445 198,897
Net property, plant and equipment 102,655 98,358
GOODWILL 12,935 12,907
INTANGIBLE ASSETS, net 15,182 16,466
PRE-PRODUCTION COSTS 14,616 11,511
OTHER ASSETS 36,827 37,043
Total other long-term assets 79,560 77,927
TOTAL ASSETS 507,214 434,939
CURRENT LIABILITIES    
Accounts payable 70,887 61,541
Other current liabilities 27,977 28,930
TOTAL CURRENT LIABILITIES 98,864 90,471
LONG-TERM DEBT 50,000 43,500
OTHER LIABILITIES 3,416 3,294
DEFERRED COMPENSATION 12,852 8,090
SHAREHOLDERS’ EQUITY    
Common stock, $0.50 par value, 100,000,000 shares authorized, 39,262,168 and 38,455,853 shares issued as of February 1, 2014 and April 27, 2013, respectively 19,631 19,228
Additional paid-in capital 88,679 81,472
Accumulated other comprehensive income 20,389 15,680
Treasury stock, 1,342,188 shares as of February 1, 2014 and April 27, 2013 (11,377) (11,377)
Retained earnings 224,502 184,368
TOTAL METHODE ELECTRONICS, INC. SHAREHOLDERS’ EQUITY 341,824 289,371
Noncontrolling interest 258 213
TOTAL EQUITY 342,082 289,584
TOTAL LIABILITIES AND EQUITY $ 507,214 $ 434,939