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(Loss) Income Per Share (Tables) | 12 Months Ended
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May 03, 2025
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted (Loss) Income per Share | The following table sets forth the computation of basic and diluted (loss) income per share:
|  | Fiscal Year Ended |
|  | May 3, 2025 |  |  | April 27, 2024 |  |  | April 29, 2023 |
|  | (53 Weeks) |  |  | (52 Weeks) |  |  | (52 Weeks) |
Numerator: |  |  |  |  |  |  |  |  |
Net (loss) income attributable to Methode (in millions) |  | $ | (62.6 | ) |  | $ | (123.3 | ) |  | $ | 77.1 |
Denominator: |  |  |  |  |  |  |  |  |
Denominator for basic income per share - weighted average shares outstanding and vested/unissued RSUs |  |  | 35,330,586 |  |  |  | 35,470,471 |  |  |  | 36,016,686 |
Dilutive potential common shares |  |  | — |  |  |  | — |  |  |  | 758,749 |
Denominator for diluted income per share |  |  | 35,330,586 |  |  |  | 35,470,471 |  |  |  | 36,775,435 |
(Loss) income per share attributable to Methode: |  |  |  |  |  |  |  |  |
Basic |  | $ | (1.77 | ) |  | $ | (3.48 | ) |  | $ | 2.14 |
Diluted |  | $ | (1.77 | ) |  | $ | (3.48 | ) |  | $ | 2.10 |
Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding |  |  | 1,156,752 |  |  |  | 1,429,229 |  |  |  | 938,281 |
In fiscal 2025 and 2024, all potential common shares issuable for stock options, PSUs and RSUs were excluded from the calculation of diluted loss per share, as the effect of including them would have been anti-dilutive. The dilutive effect of potential common shares issuable for stock options and RSUs on the weighted-average number of common shares outstanding would have been approximately 230,000 and 535,378 common shares, respectively, for fiscal 2025 and 2024.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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