Methode Electronics Inc: Form 10-Q for the period ended Oct 28, 2023
Filed with the SEC on Dec 7, 2023 and accepted by EDGAR at Dec 7, 2023, 21:05 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-10-28. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2023-07-30 to 2023-10-28 | $288.0m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2023-04-30 to 2023-10-28 | $577.7m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2023-07-30 to 2023-10-28 | $235.7m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2023-04-30 to 2023-10-28 | $471.4m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2023-07-30 to 2023-10-28 | $52.3m | us-gaap:GrossProfit |
| Gross profit | 6 months2023-04-30 to 2023-10-28 | $106.3m | us-gaap:GrossProfit |
| Selling, general and administrative | 3 months2023-07-30 to 2023-10-28 | $40.9m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2023-04-30 to 2023-10-28 | $85.4m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2023-07-30 to 2023-10-28 | −$51.3m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2023-04-30 to 2023-10-28 | −$47.5m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months2023-07-30 to 2023-10-28 | −$200.0k | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2023-04-30 to 2023-10-28 | −$100.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-07-30 to 2023-10-28 | −$55.3m | us-gaap:NetIncomeLoss |
| Net income | 6 months2023-04-30 to 2023-10-28 | −$54.4m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-07-30 to 2023-10-28 | −$1.55 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2023-04-30 to 2023-10-28 | −$1.52 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-07-30 to 2023-10-28 | −$1.55 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2023-04-30 to 2023-10-28 | −$1.52 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-07-30 to 2023-10-28 | 35,671,677 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2023-04-30 to 2023-10-28 | 35,679,776 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2023-04-30 to 2023-10-28 | −$6.2m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2023-04-30 to 2023-10-28 | $24.5m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 3 months2023-07-30 to 2023-10-28 | $4.8m | us-gaap:PaymentsOfDividendsCommonStock |
| Dividends paid | 6 months2023-04-30 to 2023-10-28 | $10.1m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 6 months2023-04-30 to 2023-10-28 | $7.8m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2023-10-28 | $122.5m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2023-10-28 | $636.5m | us-gaap:AssetsCurrent |
| Total assets | At period end2023-10-28 | $1.48bn | us-gaap:Assets |
| Current liabilities | At period end2023-10-28 | $218.3m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2023-10-28 | $640.0m | us-gaap:Liabilities |
| Long-term debt | At period end2023-10-28 | $329.0m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2023-10-28 | $3.0m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2023-10-28 | $844.9m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000950170-23-068796. Last ingested by Listed: Oct 24, 2026, 14:53 ET. Listed shows no prices and gives no investment advice.