XML 12 R1.htm IDEA: XBRL DOCUMENT v3.25.2
Cover Page - USD ($)
$ in Millions
 12 Months Ended
May 03, 2025
Jun. 26, 2025
Nov. 02, 2024
Cover [Abstract]      
Entity Registrant Name METHODE ELECTRONICS, INC.    
Entity Central Index Key 0000065270    
Document Type 10-K    
Document Period End Date May 03, 2025    
Amendment Flag false    
Current Fiscal Year End Date --05-03    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Trading Symbol MEI    
Entity Filer Category Accelerated Filer    
Entity Public Float     $ 225.7
ICFR Auditor Attestation Flag true    
Entity Common Stock, Shares Outstanding   35,206,813  
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Entity Shell Company false    
Entity Small Business false    
Entity Emerging Growth Company false    
Entity File Number 001-33731    
Entity Tax Identification Number 36-2090085    
Entity Address, Address Line One 8750 West Bryn Mawr Avenue,    
Entity Address, Address Line Two Suite 1000    
Entity Address, City or Town Chicago,    
Entity Address, State or Province IL    
Entity Address, Postal Zip Code 60631-3518    
City Area Code 708    
Local Phone Number 867-6777    
Entity Incorporation, State or Country Code DE    
Entity Interactive Data Current Yes    
Document Annual Report true    
Document Transition Report false    
Document Financial Statement Error Correction [Flag] false    
Title of 12(b) Security Common Stock, $0.50 Par Value    
Security Exchange Name NYSE    
Documents Incorporated by Reference

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the registrant’s definitive Proxy Statement for the 2025 annual shareholders' meeting to be held on September 17, 2025 are incorporated by reference into Part III of this Form 10-K.

    
Auditor Name Ernst & Young LLP    
Auditor Firm ID 42    
Auditor Location Chicago, Illinois    
Auditor Opinion

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Methode Electronics, Inc. and Subsidiaries (the Company) as of May 3, 2025, and April 27, 2024, the related consolidated statements of operations, comprehensive income (loss), shareholders' equity and cash flows for each of the three years in the period ended May 3, 2025, and the related notes and financial statement schedule listed in the Index at Item 15(a)(2) (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at May 3, 2025 and April 27, 2024, and the results of its operations and its cash flows for each of the three years in the period ended May 3, 2025, in conformity with U.S. generally accepted accounting principles.

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of May 3, 2025, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated July 9, 2025 expressed an unqualified opinion thereon.