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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 30, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 152.4 $ 172.0
Accounts receivable, net 282.0 273.3
Inventories 173.9 158.5
Income taxes receivable 7.7 8.3
Prepaid expenses and other current assets 23.1 16.9
Total current assets 639.1 629.0
Long-term assets:    
Property, plant and equipment, net 194.6 197.0
Goodwill 232.7 233.0
Other intangible assets, net 202.6 207.7
Operating lease right-of-use assets, net 18.2 20.0
Deferred tax assets 36.2 36.8
Pre-production costs 26.5 27.2
Other long-term assets 40.0 38.4
Total long-term assets 750.8 760.1
Total assets 1,389.9 1,389.1
Current liabilities:    
Accounts payable 116.4 108.5
Accrued employee liabilities 26.8 30.0
Other accrued liabilities 27.6 24.5
Short-term operating lease liabilities 5.6 6.0
Short-term debt 13.0 13.0
Income tax payable 6.4 6.6
Total current liabilities 195.8 188.6
Long-term liabilities:    
Long-term debt 194.2 197.5
Long-term operating lease liabilities 13.5 14.8
Long-term income taxes payable 22.1 22.1
Other long-term liabilities 15.6 14.0
Deferred tax liabilities 37.3 38.3
Total long-term liabilities 282.7 286.7
Total liabilities 478.5 475.3
Shareholders' equity:    
Common stock, $0.50 par value, 100,000,000 shares authorized, 38,001,714 shares and 38,276,968 shares issued as of July 30, 2022 and April 30, 2022, respectively 19.0 19.2
Additional paid-in capital 172.0 169.0
Accumulated other comprehensive loss (36.2) (26.8)
Treasury stock, 1,346,624 shares as of July 30, 2022 and April 30, 2022 (11.5) (11.5)
Retained earnings 768.1 763.9
Total shareholders' equity 911.4 913.8
Total liabilities and shareholders' equity $ 1,389.9 $ 1,389.1