XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.25.2

Schedule II - Valuation and Qualifying Accounts | 12 Months Ended
--- | ---
May 03, 2025
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract] |
Schedule II - Valuation and Qualifying Accounts | SCHEDULE II—VALUATION A ND QUALIFYING ACCOUNTS METHODE ELECTRONICS, INC. AND SUBSIDIARIES (in millions)
Description |  | Balance at beginning of period |  |  | (Benefits)/ charges to income |  |  | Deductions |  |  |  | Foreign exchange translation |  |  |  | Balance at end of period |
Fiscal Year Ended May 3, 2025 (53 Weeks) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for uncollectible accounts |  | $ | 1.4 |  |  | $ | 2.7 |  |  | $ | (1.1 | ) |  |  | $ | — |  |  |  | $ | 3.0 |
Inventory obsolescence reserves |  | $ | 25.9 |  |  | $ | 20.4 |  |  | $ | (17.8 | ) |  |  | $ | 0.4 |  |  |  | $ | 28.9 |
Deferred tax valuation allowance |  | $ | 5.8 |  |  | $ | 14.9 |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 20.7 |
Fiscal Year Ended April 27, 2024 (52 Weeks) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for uncollectible accounts |  | $ | 1.3 |  |  | $ | 0.3 |  |  | $ | (0.2 | ) |  |  | $ | — |  |  |  | $ | 1.4 |
Inventory obsolescence reserves |  | $ | 20.8 |  |  | $ | 10.4 |  |  | $ | (5.7 | ) |  |  | $ | 0.4 |  |  |  | $ | 25.9 |
Deferred tax valuation allowance |  | $ | 6.8 |  |  | $ | (1.0 | ) |  | $ | — |  |  |  | $ | — |  |  |  | $ | 5.8 |
Fiscal Year Ended April 29, 2023 (52 Weeks) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for uncollectible accounts |  | $ | 1.0 |  |  | $ | 0.3 |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 1.3 |
Inventory obsolescence reserves |  | $ | 16.9 |  |  | $ | 7.8 |  |  | $ | (3.9 | ) |  |  | $ | — |  |  |  | $ | 20.8 |
Deferred tax valuation allowance |  | $ | 6.8 |  |  | $ | — |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 6.8 |

X
- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-4 + Details
Name: | srt_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | srt_ValuationAndQualifyingAccountsAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration