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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Feb. 01, 2014
Jan. 26, 2013
Feb. 01, 2014
Jan. 26, 2013
Net sales $ 189,753 $ 122,982 $ 547,933 $ 371,478
Cost of products sold 151,269 102,949 434,085 307,686
Gross profit 38,484 20,033 113,848 63,792
Selling and administrative expenses 22,103 15,776 60,606 48,250
Income from settlement 0 0 0 (20,000)
Income from operations 16,381 4,257 53,242 35,542
Interest expense, net 88 20 265 27
Other expense, net 270 114 763 609
Income before income taxes 16,023 4,123 52,214 34,906
Income tax expense 1,431 855 4,169 4,519
Net income 14,592 3,268 48,045 30,387
Less: Net income/(loss) attributable to noncontrolling interest (6) (57) 35 (189)
NET INCOME ATTRIBUTABLE TO METHODE ELECTRONICS, INC. $ 14,598 $ 3,325 $ 48,010 $ 30,576
Amounts per common share attributable to Methode Electronics, Inc.:        
Basic (in dollars per share) $ 0.38 $ 0.09 $ 1.27 $ 0.82
Diluted (in dollars per share) $ 0.38 $ 0.09 $ 1.26 $ 0.81
Cash dividends:        
Common stock $ 0.07 $ 0.07 $ 0.21 $ 0.21
Weighted average number of Common Shares outstanding:        
Basic 38,051,772 37,413,490 37,780,506 37,406,270
Diluted 38,474,129 37,995,292 38,123,192 37,937,894