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Segment Information and Geographic Area Information (Tables)

12 Months Ended

May 02, 2020

Segment Reporting [Abstract]

Schedule of Reportable Segments

The tables below present information about the Company’s reportable segments.

		Fiscal Year Ended May 2, 2020 (53 Weeks)
(Dollars in Millions)		Automotive				Industrial				Interface				Medical				Eliminations/ Corporate				Consolidated
Net Sales		$	716.8			$	253.9			$	58.9			$	1.6			$	(7.3	)		$	1,023.9
Transfers between Segments			(4.7	)			(2.5	)			(0.1	)			—				7.3				—
Net Sales to Unaffiliated Customers		$	712.1			$	251.4			$	58.8			$	1.6			$	—			$	1,023.9
Income/(Loss) from Operations		$	124.4			$	59.4			$	5.6			$	(6.0	)		$	(36.3	)		$	147.1
Interest Expense, Net																							10.1
Other Income, Net																							(11.7	)
Income before Income Taxes																						$	148.7
Purchases of Property, Plant and Equipment		$	37.5			$	5.7			$	0.3			$	0.7			$	0.9			$	45.1
Depreciation and Amortization		$	31.0			$	13.7			$	0.9			$	1.1			$	1.6			$	48.3
Identifiable Assets		$	670.9			$	421.8			$	71.0			$	8.8			$	198.1			$	1,370.6

		Fiscal Year Ended April 27, 2019 (52 Weeks)
(Dollars in Millions)		Automotive				Industrial				Interface				Medical				Eliminations/ Corporate				Consolidated
Net Sales		$	741.6			$	210.0			$	57.9			$	1.1			$	(10.3	)		$	1,000.3
Transfers between Segments			(6.9	)			(3.2	)			(0.2	)			—				10.3				—
Net Sales to Unaffiliated Customers		$	734.7			$	206.8			$	57.7			$	1.1			$	—			$	1,000.3
Income/(Loss) from Operations		$	126.3			$	37.4			$	(0.3	)		$	(8.6	)		$	(48.0	)		$	106.8
Interest Expense, Net																							8.3
Other Income, Net																							(5.1	)
Income before Income Taxes																						$	103.6
Purchases of Property, Plant and Equipment		$	38.9			$	2.6			$	0.5			$	1.9			$	5.9			$	49.8
Depreciation and Amortization		$	25.2			$	11.7			$	3.2			$	1.0			$	2.2			$	43.3
Identifiable Assets		$	677.4			$	404.3			$	88.6			$	9.4			$	52.0			$	1,231.7

		Fiscal Year Ended April 28, 2018 (52 Weeks)
(Dollars in Millions)		Automotive				Industrial				Interface				Medical				Eliminations/ Corporate				Consolidated
Net Sales		$	738.4			$	105.6			$	73.9			$	0.3			$	(9.9	)		$	908.3
Transfers between Segments			(9.7	)			0.2				(0.7	)			—				10.2				—
Net Sales to Unaffiliated Customers		$	728.7			$	105.8			$	73.2			$	0.3			$	0.3			$	908.3
Income/(Loss) from Operations		$	156.3			$	13.0			$	6.0			$	(11.4	)		$	(45.6	)		$	118.3
Interest Expense, Net																							0.9
Other Income, Net																							(6.4	)
Income before Income Taxes																						$	123.8
Purchases of Property, Plant and Equipment		$	31.7			$	1.5			$	0.4			$	3.8			$	10.3			$	47.7
Depreciation and Amortization		$	21.3			$	2.0			$	3.1			$	0.8			$	0.9			$	28.1
Identifiable Assets		$	632.7			$	93.1			$	206.8			$	8.1			$	(24.8	)		$	915.9

Schedule of Geographic Financial Information

The following tables sets forth net sales and tangible long-lived assets for each geographic area where the Company operates. Tangible long-lived assets include property, plant and equipment and operating lease assets.

		Fiscal Year Ended
		May 2, 2020				April 27, 2019				April 28, 2018
(Dollars in Millions)		(53 Weeks)				(52 Weeks)				(52 Weeks)
Net Sales:
U.S.		$	531.5			$	540.5			$	487.5
Malta			143.9				148.5				184.0
China			116.9				113.7				117.3
Mexico			104.7				—				—
Canada			19.5				101.6				54.4
Other			107.4				96.0				65.1
Total Net Sales		$	1,023.9			$	1,000.3			$	908.3
		May 2, 2020				April 27, 2019
Tangible Long-lived Assets, Net:
U.S.		$	89.8			$	83.9
Malta			40.1				33.0
China			24.1				18.6
Mexico			24.0				9.2
Belgium			21.4				22.1
Other			26.0				25.1
Total Tangible Long-lived Assets, Net		$	225.4			$	191.9

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