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Restructuring and Asset Impairment Charges (Tables)
12 Months Ended
May 03, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Components of Restructuring and Asset Impairment Charges

Components of restructuring and asset impairment charges were as follows:

 

 

Fiscal Year Ended

 

 

 

May 3, 2025

 

 

April 27, 2024

 

 

April 29, 2023

 

(in millions)

 

(53 Weeks)

 

 

(52 Weeks)

 

 

(52 Weeks)

 

Employee termination benefits

 

$

1.6

 

 

$

1.3

 

 

$

0.3

 

Asset impairment charges

 

 

1.1

 

 

 

2.4

 

 

 

0.7

 

Total

 

$

2.7

 

 

$

3.7

 

 

$

1.0

 

Schedule of Restructuring and Asset Impairment Charges by Reportable Segment

The table below presents restructuring and asset impairment charges by reportable segment:

 

 

Fiscal Year Ended

 

 

 

May 3, 2025

 

 

April 27, 2024

 

 

April 29, 2023

 

(in millions)

 

(53 Weeks)

 

 

(52 Weeks)

 

 

(52 Weeks)

 

Automotive

 

$

0.9

 

 

$

0.7

 

 

$

0.4

 

Industrial

 

 

0.8

 

 

 

0.7

 

 

 

0.5

 

Interface

 

 

 

 

 

0.1

 

 

 

 

Medical

 

 

 

 

 

1.1

 

 

 

 

Eliminations/Corporate

 

 

1.0

 

 

 

1.1

 

 

 

0.1

 

Total

 

$

2.7

 

 

$

3.7

 

 

$

1.0

 

Recognized in:

 

 

 

 

 

 

 

 

 

Cost of products sold

 

$

1.1

 

 

$

1.7

 

 

$

0.5

 

Selling and administrative expenses

 

 

1.6

 

 

 

2.0

 

 

 

0.5

 

 

 

$

2.7

 

 

$

3.7

 

 

$

1.0