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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2020
May 02, 2020
CURRENT ASSETS    
Cash and Cash Equivalents $ 242.3 $ 217.3
Accounts Receivable, Net 290.3 188.5
Inventories 120.7 131.0
Income Tax Receivable 10.8 12.9
Prepaid Expenses and Other Current Assets 18.2 15.9
TOTAL CURRENT ASSETS 682.3 565.6
LONG-TERM ASSETS    
Property, Plant and Equipment, Net 203.2 201.9
Goodwill 233.3 231.6
Other Intangible Assets, Net 237.0 244.8
Operating Lease Assets, Net 23.5 23.5
Deferred Tax Assets 40.7 31.4
Pre-production Costs 32.5 37.1
Other Long-term Assets 36.8 34.7
TOTAL LONG-TERM ASSETS 807.0 805.0
TOTAL ASSETS 1,489.3 1,370.6
CURRENT LIABILITIES    
Accounts Payable 112.4 73.8
Accrued Employee Liabilities 23.4 19.1
Other Accrued Expenses 31.0 18.5
Short-term Operating Lease Liability 6.0 5.5
Short-term Debt 15.3 15.3
Income Tax Payable 10.6 11.6
TOTAL CURRENT LIABILITIES 198.7 143.8
LONG-TERM LIABILITIES    
Long-term Debt 332.3 336.8
Long-term Operating Lease Liability 19.4 20.4
Long-term Income Tax Payable 26.2 29.3
Other Long-term Liabilities 18.8 15.3
Deferred Tax Liabilities 42.5 41.6
TOTAL LONG-TERM LIABILITIES 439.2 443.4
TOTAL LIABILITIES 637.9 587.2
SHAREHOLDERS' EQUITY    
Common Stock, $0.50 par value, 100,000,000 shares authorized, 38,876,362 shares and 38,438,111 shares issued as of October 31, 2020 and May 2, 2020, respectively 19.4 19.2
Additional Paid-in Capital 152.5 150.7
Accumulated Other Comprehensive Loss (7.9) (26.9)
Treasury Stock, 1,346,624 shares as of October 31, 2020 and May 2, 2020 (11.5) (11.5)
Retained Earnings 698.9 651.9
TOTAL SHAREHOLDERS' EQUITY 851.4 783.4
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,489.3 $ 1,370.6