XML 37 R29.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Information and Geographic Area Information (Tables)
12 Months Ended
May. 02, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The tables below presents information about our reportable segments. The Interface segment income from operations for fiscal 2015 includes an impairment of goodwill charge of $11.1 million. The Automotive segment's income from operations for fiscal 2013 includes $20.0 million of income from settlement.  The reporting segment results for the fiscal years ended May 2, 2014 and April 27, 2013 have been reclassified to conform with the segment presentation for the fiscal year ended May 2, 2015.
 
Fiscal Year Ended May 2, 2015
 
Automotive
 
Interface
 
Power
Products
 
Other
 
Eliminations/Corporate
 
Consolidated
Net sales
633.0

 
163.8

 
86.1

 
5.5

 
(7.3
)
 
881.1

Transfers between segments
(4.6
)
 
(2.1
)
 
(0.4
)
 
(0.3
)
 
7.4

 

Net sales to unaffiliated customers
$
628.4

 
$
161.7

 
$
85.7

 
$
5.2

 
$
0.1

 
$
881.1

 
 
 
 
 
 
 
 
 
 
 
 
Income/(loss) from operations
124.9

 
7.0

 
23.2

 
(6.4
)
 
(36.5
)
 
112.2

Gain on sale of business
 
 
 
 
 
 
 
 
 
 
(7.7
)
Interest income, net
 
 
 
 
 
 
 
 
 
 
(0.7
)
Other income, net
 
 
 
 
 
 
 
 
 
 
(0.2
)
Income before income taxes

 


 


 


 


 
$
120.8

 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
16.6

 
2.8

 
2.4

 
0.4

 
1.2

 
$
23.4

 
 
 
 
 
 
 
 
 
 
 
 
Identifiable assets
365.5

 
186.4

 
38.5

 
3.7

 
11.7

 
$
605.8


 
Fiscal Year Ended May 3, 2014
 
Automotive
 
Interface
 
Power
Products
 
Other
 
Eliminations/Corporate
 
Consolidated
Net sales
$
524.6

 
$
173.6

 
$
72.7

 
$
7.2

 
$
(5.3
)
 
$
772.8

Transfers between segments
(2.2
)
 
(2.8
)
 
(0.2
)
 
(0.2
)
 
5.4

 

Net sales to unaffiliated customers
$
522.4

 
$
170.8

 
$
72.5

 
$
7.0

 
$
0.1

 
$
772.8

 
 
 
 
 
 
 
 
 
 
 
 
Income/(loss) from operations
$
69.4

 
$
26.8

 
$
12.6

 
$
(7.0
)
 
$
(28.2
)
 
$
73.6

Interest expense, net
 
 
 
 
 
 
 
 
 
 
0.3

Other income, net
 
 
 
 
 
 
 
 
 
 
(2.6
)
Income before income taxes

 


 


 


 


 
$
75.9

 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
16.4

 
$
2.9

 
$
2.4

 
$
2.5

 
$
1.4

 
$
25.6

 
 
 
 
 
 
 
 
 
 
 
 
Identifiable assets
$
366.1

 
$
155.0

 
$
32.1

 
$
4.8

 
$
17.5

 
$
575.5

 
 
Fiscal Year Ended April 27, 2013
 
Automotive
 
Interface

 
Power
Products
 
Other
 
Eliminations/Corporate
 
Consolidated
Net sales
318.8

 
$
145.5

 
$
52.8

 
$
6.3

 
$
(3.6
)
 
$
519.8

Transfers between segments
(0.9
)
 
(2.4
)
 
(0.2
)
 
(0.1
)
 
3.6

 

Net sales to unaffiliated customers
$
317.9

 
$
143.1

 
$
52.6

 
$
6.2

 
$

 
$
519.8

 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from operations
$
41.1

 
$
20.7

 
$
5.1

 
$
(7.8
)
 
$
(19.9
)
 
$
39.2

Other expense
 
 
 
 
 
 
 
 
 
 
1.3

Income/(loss) before income taxes


 


 


 


 


 
$
37.9

 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
11.8

 
$
3.0

 
$
2.3

 
$
0.5

 
$
1.2

 
$
18.8

 
 
 
 
 
 
 
 
 
 
 
 
Identifiable assets
$
277.5

 
$
138.0

 
$
28.6

 
$
6.7

 
$
(15.9
)
 
$
434.9

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The following table sets forth certain geographic financial information for fiscal years ended May 2, 2015, May 3, 2014 and April 27, 2013.  Geographic net sales and income are determined based our sales and income from our various operational locations. 
 
Fiscal Year Ended
 
May 2,
2015
 
May 3,
2014
 
April 27,
2013
Net Sales:
 

 
 

 
 

U.S.
$
564.6

 
$
456.6

 
$
242.9

China
112.6

 
97.4

 
88.2

Malta
153.5

 
186.4

 
157.4

Other
50.4

 
32.4

 
31.3

Total Net Sales
$
881.1

 
$
772.8

 
$
519.8

 
 
 
 
 
 
Property, Plant and Equipment:
 

 
 

 
 

U.S.
$
42.7

 
$
43.8

 
$
45.1

China
9.0

 
6.6

 
7.4

Malta
28.0

 
37.5

 
32.5

Mexico
5.8

 
7.3

 
9.0

Other
7.8

 
6.0

 
4.4

Total Property, Plant and Equipment
$
93.3

 
$
101.2

 
$
98.4