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REVENUE (Tables)
9 Months Ended
Jan. 26, 2019
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 January 26, 2019
 
Nine Months Ended January 26, 2019
 
 
As Reported
 
Adjustments
 
Balance Under ASC 605
 
As Reported
 
Adjustments
 
Balance Under ASC 605
Net Sales
 
$
246.9

 
$
(0.5
)
 
$
247.4

 
$
734.3

 
$
(16.5
)
 
$
750.8

Cost of Products Sold
 
$
182.6

 
$
(0.5
)
 
$
183.1

 
$
539.1

 
$
(16.5
)
 
$
555.6

Total Inventories
 
 
 
 
 
 
 
$
124.0

 
$
(0.6
)
 
$
124.6

Contract Assets
 
 
 
 
 
 
 
$
0.9

 
$
0.9

 
$

Contract Liabilities
 
 
 
 
 
 
 
$
0.2

 
$
0.2

 
$

Retained Earnings
 
 
 
 
 
 
 
$
526.7

 
$
0.1

 
$
526.6

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 January 26, 2019
 
 
Auto
 
Industrial
 
Medical
 
Interface
 
Total
Geographic Net Sales:
 
 
 
 
 
 
 
 
 
 
U.S.
 
$
80.7

 
$
33.8

 
$
0.1

 
$
13.3

 
$
127.9

Malta
 
26.7

 
7.0

 

 
0.1

 
33.8

China
 
20.5

 
9.6

 

 

 
30.1

Canada
 
21.1

 
5.5

 

 

 
26.6

Egypt
 
10.0

 

 

 

 
10.0

Belgium
 
7.2

 

 

 

 
7.2

Other
 
6.7

 
4.3

 

 
0.3

 
11.3

Total Net Sales
 
$
172.9

 
$
60.2

 
$
0.1

 
$
13.7

 
$
246.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Timing of Revenue Recognition:
 
 
 
 
 
 
 
 
 
 
Goods Transferred at a Point in Time
 
$
165.7

 
$
60.2

 
$
0.1

 
$
13.7

 
$
239.7

Goods Transferred Over Time
 
7.2

 

 

 

 
7.2

Total Net Sales
 
$
172.9

 
$
60.2

 
$
0.1

 
$
13.7

 
$
246.9


 
 
Nine Months Ended January 26, 2019
 
 
Auto
 
Industrial
 
Medical
 
Interface
 
Total
Geographic Net Sales:
 
 
 
 
 
 
 
 
 
 
U.S.
 
$
254.7

 
$
70.8

 
$
0.7

 
$
42.7

 
$
368.9

Malta
 
86.8

 
22.7

 

 
0.2

 
109.7

China
 
63.0

 
27.5

 

 
0.1

 
90.6

Canada
 
66.2

 
8.0

 

 

 
74.2

Egypt
 
35.6

 

 

 

 
35.6

Belgium
 
24.2

 

 

 

 
24.2

Other
 
19.3

 
10.8

 

 
1.0

 
31.1

Total Net Sales
 
$
549.8

 
$
139.8

 
$
0.7

 
$
44.0

 
$
734.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Timing of Revenue Recognition:
 
 
 
 
 
 
 
 
 
 
Goods Transferred at a Point in Time
 
$
524.8

 
$
139.8

 
$
0.7

 
$
44.0

 
$
709.3

Goods Transferred Over Time
 
25.0

 

 

 

 
25.0

Total Net Sales
 
$
549.8

 
$
139.8

 
$
0.7

 
$
44.0

 
$
734.3