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Segment Information (Tables)
3 Months Ended
Jul. 30, 2022
Segment Reporting [Abstract]  
Schedule of Reportable Segments

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

 

 

Three Months Ended July 30, 2022

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations
/Corporate

 

 

Consolidated

 

Net sales

 

$

177.3

 

 

$

93.7

 

 

$

13.0

 

 

$

0.7

 

 

$

(2.3

)

 

$

282.4

 

Transfers between segments

 

 

(0.7

)

 

 

(1.6

)

 

 

 

 

 

 

 

 

2.3

 

 

 

 

Net sales to unaffiliated customers

 

$

176.6

 

 

$

92.1

 

 

$

13.0

 

 

$

0.7

 

 

$

 

 

$

282.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

14.7

 

 

$

22.4

 

 

$

1.6

 

 

$

(1.5

)

 

$

(15.4

)

 

$

21.8

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4.1

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

25.9

 

 

 

 

Three Months Ended July 31, 2021

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations
/Corporate

 

 

Consolidated

 

Net sales

 

$

197.0

 

 

$

81.2

 

 

$

12.7

 

 

$

0.8

 

 

$

(3.9

)

 

$

287.8

 

Transfers between segments

 

 

(1.2

)

 

 

(2.7

)

 

 

 

 

 

 

 

 

3.9

 

 

 

 

Net sales to unaffiliated customers

 

$

195.8

 

 

$

78.5

 

 

$

12.7

 

 

$

0.8

 

 

$

 

 

$

287.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

27.3

 

 

$

20.2

 

 

$

1.1

 

 

$

(1.2

)

 

$

(13.3

)

 

$

34.1

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.1

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1.8

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

34.8

 

 

(in millions)

 

July 30, 2022

 

 

April 30, 2022

 

Identifiable assets:

 

 

 

 

 

 

Automotive

 

$

700.8

 

 

$

689.8

 

Industrial

 

 

460.5

 

 

 

455.3

 

Interface

 

 

107.9

 

 

 

108.1

 

Medical

 

 

7.3

 

 

 

7.9

 

Eliminations/Corporate

 

 

113.4

 

 

 

128.0

 

Total identifiable assets

 

$

1,389.9

 

 

$

1,389.1