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Segment Information (Tables)
6 Months Ended
Oct. 31, 2020
Segment Reporting [Abstract]  
Schedule of Reportable Segments

The tables below present information about the Company's reportable segments:

 

 

 

Three Months Ended October 31, 2020

 

(Dollars in Millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations

/Corporate

 

 

Consolidated

 

Net Sales

 

$

216.9

 

 

$

69.5

 

 

$

16.4

 

 

$

0.8

 

 

$

(2.8

)

 

$

300.8

 

Transfers between Segments

 

 

(1.2

)

 

 

(1.6

)

 

 

 

 

 

 

 

 

2.8

 

 

 

 

Net Sales to Unaffiliated Customers

 

$

215.7

 

 

$

67.9

 

 

$

16.4

 

 

$

0.8

 

 

$

 

 

$

300.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) from Operations

 

$

38.8

 

 

$

16.1

 

 

$

3.1

 

 

$

(1.5

)

 

$

(11.5

)

 

$

45.0

 

Interest Expense, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.4

 

Other Income, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2.6

)

Income before Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

46.2

 

 

 

 

Three Months Ended October 26, 2019

 

(Dollars in Millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations

/Corporate

 

 

Consolidated

 

Net Sales

 

$

181.3

 

 

$

65.4

 

 

$

12.0

 

 

$

0.3

 

 

$

(1.8

)

 

$

257.2

 

Transfers between Segments

 

 

(1.2

)

 

 

(0.5

)

 

 

(0.1

)

 

 

 

 

 

1.8

 

 

 

 

Net Sales to Unaffiliated Customers

 

$

180.1

 

 

$

64.9

 

 

$

11.9

 

 

$

0.3

 

 

$

 

 

$

257.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) from Operations

 

$

28.9

 

 

$

15.1

 

 

$

(0.2

)

 

$

(1.8

)

 

$

(11.3

)

 

$

30.7

 

Interest Expense, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.7

 

Other Income, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1.0

)

Income before Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

29.0

 

 

 

 

Six Months Ended October 31, 2020

 

(Dollars in Millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations

/Corporate

 

 

Consolidated

 

Net Sales

 

$

343.3

 

 

$

121.9

 

 

$

29.8

 

 

$

1.2

 

 

$

(4.5

)

 

$

491.7

 

Transfers between Segments

 

 

(2.5

)

 

 

(2.0

)

 

 

 

 

 

 

 

 

4.5

 

 

 

 

Net Sales to Unaffiliated Customers

 

$

340.8

 

 

$

119.9

 

 

$

29.8

 

 

$

1.2

 

 

$

 

 

$

491.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) from Operations

 

$

54.1

 

 

$

23.1

 

 

$

4.2

 

 

$

(3.1

)

 

$

(19.5

)

 

$

58.8

 

Interest Expense, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.0

 

Other Income, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6.0

)

Income before Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

61.8

 

 

 

 

Six Months Ended October 26, 2019

 

(Dollars in Millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations

/Corporate

 

 

Consolidated

 

Net Sales

 

$

368.8

 

 

$

137.0

 

 

$

24.9

 

 

$

0.6

 

 

$

(3.9

)

 

$

527.4

 

Transfers between Segments

 

 

(2.5

)

 

 

(1.3

)

 

 

(0.1

)

 

 

 

 

 

3.9

 

 

 

 

Net Sales to Unaffiliated Customers

 

$

366.3

 

 

$

135.7

 

 

$

24.8

 

 

$

0.6

 

 

$

 

 

$

527.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) from Operations

 

$

62.0

 

 

$

31.6

 

 

$

 

 

$

(3.3

)

 

$

(21.0

)

 

$

69.3

 

Interest Expense, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.6

 

Other Income, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.9

)

Income before Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

64.6

 

 

(Dollars in Millions)

 

October 31,

2020

 

 

May 2,

2020

 

Identifiable Assets:

 

 

 

 

 

 

 

 

Automotive

 

$

768.8

 

 

$

670.9

 

Industrial

 

 

432.8

 

 

 

421.8

 

Interface

 

 

88.0

 

 

 

71.0

 

Medical

 

 

7.8

 

 

 

8.8

 

Eliminations/Corporate

 

 

191.9

 

 

 

198.1

 

Total Identifiable Assets

 

$

1,489.3

 

 

$

1,370.6