XML 43 R33.htm IDEA: XBRL DOCUMENT v3.24.0.1
(Loss) Income per Share (Tables)
9 Months Ended
Jan. 27, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income per Share

The following table sets forth the computation of basic and diluted (loss) income per share attributable to Methode:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

January 27, 2024

 

 

January 28, 2023

 

 

January 27, 2024

 

 

January 28, 2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to Methode (in millions)

 

$

(11.6

)

 

$

19.9

 

 

$

(66.0

)

 

$

69.0

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic income per share - weighted average shares outstanding and vested/unissued restricted stock units

 

 

35,327,995

 

 

 

35,757,465

 

 

 

35,562,513

 

 

 

36,149,858

 

Dilutive potential common shares

 

 

 

 

 

819,530

 

 

 

 

 

 

728,351

 

Denominator for diluted income per share

 

 

35,327,995

 

 

 

36,576,995

 

 

 

35,562,513

 

 

 

36,878,209

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income per share attributable to Methode:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.33

)

 

$

0.56

 

 

$

(1.86

)

 

$

1.91

 

Diluted

 

$

(0.33

)

 

$

0.54

 

 

$

(1.86

)

 

$

1.87

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding

 

 

1,319,577

 

 

 

949,674

 

 

 

1,463,996

 

 

 

939,573