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Segment Information (Tables)
3 Months Ended
Jul. 29, 2023
Segment Reporting [Abstract]  
Schedule of Reportable Segments

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

 

 

Three Months Ended July 29, 2023

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Eliminations/
Corporate

 

 

Consolidated

 

Net sales

 

$

161.1

 

 

$

122.6

 

 

$

15.3

 

 

$

0.8

 

 

$

(10.1

)

 

$

289.7

 

Transfers between segments

 

 

(2.8

)

 

 

(7.2

)

 

 

(0.1

)

 

 

 

 

 

10.1

 

 

 

 

Net sales to unaffiliated customers

 

$

158.3

 

 

$

115.4

 

 

$

15.2

 

 

$

0.8

 

 

$

 

 

$

289.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

(2.8

)

 

$

24.2

 

 

$

2.9

 

 

$

(2.2

)

 

$

(18.3

)

 

$

3.8

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.8

 

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

1.0

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.0

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4.1

)

Pre-tax income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

25.9

 

 

(in millions)

 

July 29, 2023

 

 

April 29, 2023

 

Identifiable assets:

 

 

 

 

 

 

Automotive

 

$

702.8

 

 

$

700.2

 

Industrial

 

 

665.7

 

 

 

672.3

 

Interface

 

 

126.8

 

 

 

127.2

 

Medical

 

 

2.1

 

 

 

6.2

 

Eliminations/Corporate

 

 

76.7

 

 

 

73.2

 

Total identifiable assets

 

$

1,574.1

 

 

$

1,579.1