ACQUISITIONS (Tables)

6 Months Ended

Oct. 28, 2017

Schedule of Assets Acquired and Liabilities Assumed

The revised preliminary allocation of the purchase price to the fair values of the assets acquired and liabilities assumed were:



(Dollars in Millions)
Cash	$	1.3
Accounts Receivable	10.8
Inventory	3.5
Intangible Assets	12.0
Goodwill	15.4
Other Assets	0.1
Property, Plant and Equipment	19.9
Accounts Payable	(4.9		)
Salaries, Wages and Payroll Taxes	(0.7		)
Other Accrued Expenses	(4.7		)
Income Taxes Payable	(0.6		)
Short-term Debt	(1.4		)
Other Liabilities	(5.6		)
Long-term Debt	(17.4		)
Deferred Income Tax Liability	(4.2		)
Total Purchase Price	$	23.5

Based on the Company's preliminary allocation of the purchase price, the fair values of the assets acquired and liabilities assumed were:



(Dollars in Millions)
Cash	$	4.9
Accounts Receivable	18.3
Inventory	13.5
Prepaid Expenses and Other Current Assets	0.3
Income Taxes Receivable	1.2
Intangible Assets	40.8
Goodwill	51.2
Pre-production Costs	0.8
Property, Plant and Equipment	10.2
Accounts Payable	(7.9		)
Salaries, Wages and Payroll Taxes	(0.6		)
Other Accrued Expenses	(3.9		)
Short-term Debt	(0.8		)
Long-term Debt	(3.4		)
Deferred Income Tax Liability	(12.0		)
Total Purchase Price	$	112.6

Unaudited Pro Forma Results

The following table presents the unaudited pro forma results for the three and six months ended October 28, 2017 and October 29, 2016. The unaudited pro forma financial information combines the results of operations of Methode and Pacific Insight as though the companies had been combined as of the beginning of fiscal 2017, and the pro forma information is presented for information purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at such time. The unaudited pro forma results presented below primarily include amortization charges for acquired intangible assets, adjustments for certain acquisition-related charges, and related tax effects.



	(Unaudited)
	Three Months Ended		Six Months Ended
(Dollars in Millions)	October 28, 2017	October 29, 2016	October 28, 2017	October 29, 2016
Revenues	245.8	233.7	470.5	448.2
Net Income	27.6	25.5	49.5	47.5