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REVENUE (Tables)
6 Months Ended
Oct. 27, 2018
Revenue from Contract with Customer [Abstract]  
Impact of Changes in Accounting Policy
The impact of the changes in accounting policy on our fiscal 2019 is provided below.
 
 
Impact of Changes in Accounting Policy
 
 
Three Months Ended October 27, 2018
 
Six Months Ended October 27, 2018
(Dollars in Millions)
 
As Reported
 
Adjustments
 
Balance Under ASC 605
 
As Reported
 
Adjustments
 
Balance Under ASC 605
Net Sales
 
$
264.0

 
$
(8.9
)
 
$
272.9

 
$
487.4

 
$
(16.0
)
 
$
503.4

Cost of Products Sold
 
$
193.2

 
$
(8.8
)
 
$
202.0

 
$
356.5

 
$
(16.0
)
 
$
372.5

Total Inventories
 
 
 
 
 
 
 
$
118.3

 
$
(0.6
)
 
$
118.9

Contract Assets
 
 
 
 
 
 
 
$
0.9

 
$
0.9

 
$

Contract Liabilities
 
 
 
 
 
 
 
$
0.2

 
$
0.2

 
$

Retained Earnings
 
 
 
 
 
 
 
$
500.0

 
$
0.1

 
$
499.9

Disaggregated Revenue Information
The Company views the following disaggregated disclosures as useful to understanding the composition of revenue recognized during the respective reporting periods. Geographic net sales are determined based on our sales from our various operational locations.  Though revenue recognition patterns and contracts are generally consistent, the amount, timing and uncertainty of revenue and cash flows may vary in each reportable segment due to geographic and economic factors.
 
 
Three Months Ended October 27, 2018
 
 
Auto
 
Industrial
 
Medical
 
Interface
 
Total
Geographic Net Sales:
 
 
 
 
 
 
 
 
 
 
U.S.
 
$
96.7

 
$
24.9

 
$
0.3

 
$
14.4

 
$
136.3

Malta
 
29.6

 
7.4

 

 

 
37.0

China
 
22.5

 
9.1

 

 
0.1

 
31.7

Canada
 
24.3

 
2.5

 

 

 
26.8

Egypt
 
12.9

 

 

 

 
12.9

Belgium
 
8.7

 

 

 

 
8.7

Other
 
6.9

 
3.5

 

 
0.2

 
10.6

Total Net Sales
 
$
201.6

 
$
47.4

 
$
0.3

 
$
14.7

 
$
264.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Timing of Revenue Recognition:
 
 
 
 
 
 
 
 
 
 
Goods Transferred at a Point in Time
 
$
193.6

 
$
47.4

 
$
0.3

 
$
14.7

 
$
256.0

Goods Transferred Over Time
 
8.0

 

 

 

 
8.0

Total Net Sales
 
$
201.6

 
$
47.4

 
$
0.3

 
$
14.7

 
$
264.0


 
 
Six Months Ended October 27, 2018
 
 
Auto
 
Industrial
 
Medical
 
Interface
 
Total
Geographic Net Sales:
 
 
 
 
 
 
 
 
 
 
U.S.
 
$
174.0

 
$
37.0

 
$
0.6

 
$
29.4

 
$
241.0

Malta
 
60.1

 
15.7

 

 
0.1

 
75.9

China
 
42.5

 
17.9

 

 
0.1

 
60.5

Canada
 
45.1

 
2.5

 

 

 
47.6

Egypt
 
25.6

 

 

 

 
25.6

Belgium
 
17.0

 

 

 

 
17.0

Other
 
12.6

 
6.5

 

 
0.7

 
19.8

Total Net Sales
 
$
376.9

 
$
79.6

 
$
0.6

 
$
30.3

 
$
487.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Timing of Revenue Recognition:
 
 
 
 
 
 
 
 
 
 
Goods Transferred at a Point in Time
 
$
359.1

 
$
79.6

 
$
0.6

 
$
30.3

 
$
469.6

Goods Transferred Over Time
 
17.8

 

 

 

 
17.8

Total Net Sales
 
$
376.9

 
$
79.6

 
$
0.6

 
$
30.3

 
$
487.4