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Income Per Share Attributable to Methode Shareholders | 12 Months Ended
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Apr. 28, 2018
Earnings Per Share [Abstract] |
Income Per Share Attributable to Methode Shareholders | Income Per Share Basic income per share is calculated by dividing net earnings by the weighted average number of common shares outstanding for the applicable period. Diluted income per share is calculated after adjusting the denominator of the basic income per share calculation for the effect of all potential dilutive common shares outstanding during the period. The following table sets forth the computation of basic and diluted income per share:
|  | Fiscal Year Ended
|  | April 28, 2018 |  | April 29, 2017 |  | April 30, 2016
Numerator: |  |  |  |  |  |
Net Income |  | $ | 57.2 |  |  | $ | 92.9 |  |  | $ | 84.6 |
Denominator: |  |  |  |  |  |  |  |
Denominator for Basic Earnings Per Share-Weighted Average Shares Outstanding and Vested/Unissued Restricted Stock Awards |  | 37,281,630 |  |  | 37,283,096 |  |  | 38,333,484 |
Dilutive Potential Common Shares-Employee Stock Options, Restricted Stock Awards and Restricted Stock Units |  | 260,269 |  |  | 202,605 |  |  | 138,128 |
Denominator for Diluted Earnings Per Share |  | 37,541,899 |  |  | 37,485,701 |  |  | 38,471,612 |
Basic and Diluted Income Per Share: |  |  |  |  |  |  |  |
Basic Income Per Share |  | $ | 1.54 |  |  | $ | 2.49 |  |  | $ | 2.21 |
Diluted Income Per Share |  | $ | 1.52 |  |  | $ | 2.48 |  |  | $ | 2.20 |
Options to purchase 138,500 shares of common stock were outstanding at April 30, 2016, but were not included in the computation of diluted earnings per share because the exercise price was greater than the average market price of the common shares; therefore, the effect would have been anti-dilutive. RSAs for 363,413 shares, 779,000 shares and 774,000 shares have been excluded in the computation of diluted net income per share for fiscal 2018, fiscal 2017 and fiscal 2016, respectively, as these awards are contingent on the Company's full year performance in fiscal 2020.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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