Methode Electronics Inc: Form 10-Q for the period ended Jan 27, 2024
Filed with the SEC on Mar 7, 2024 and accepted by EDGAR at Mar 7, 2024, 12:01 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2024-01-27. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2023-10-29 to 2024-01-27 | $259.5m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2023-04-30 to 2024-01-27 | $837.2m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2023-10-29 to 2024-01-27 | $222.5m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2023-04-30 to 2024-01-27 | $693.9m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2023-10-29 to 2024-01-27 | $37.0m | us-gaap:GrossProfit |
| Gross profit | 9 months2023-04-30 to 2024-01-27 | $143.3m | us-gaap:GrossProfit |
| Selling, general and administrative | 3 months2023-10-29 to 2024-01-27 | $33.9m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2023-04-30 to 2024-01-27 | $119.3m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2023-10-29 to 2024-01-27 | −$3.0m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2023-04-30 to 2024-01-27 | −$50.5m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months2023-10-29 to 2024-01-27 | $1.1m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2023-04-30 to 2024-01-27 | $1.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-10-29 to 2024-01-27 | −$11.6m | us-gaap:NetIncomeLoss |
| Net income | 9 months2023-04-30 to 2024-01-27 | −$66.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-10-29 to 2024-01-27 | −$0.33 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2023-04-30 to 2024-01-27 | −$1.86 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-10-29 to 2024-01-27 | −$0.33 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2023-04-30 to 2024-01-27 | −$1.86 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-10-29 to 2024-01-27 | 35,327,995 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2023-04-30 to 2024-01-27 | 35,562,513 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2023-04-30 to 2024-01-27 | $22.6m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2023-04-30 to 2024-01-27 | $41.1m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 3 months2023-10-29 to 2024-01-27 | $4.9m | us-gaap:PaymentsOfDividendsCommonStock |
| Dividends paid | 9 months2023-04-30 to 2024-01-27 | $15.0m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 9 months2023-04-30 to 2024-01-27 | $10.8m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2024-01-27 | $122.9m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2024-01-27 | $629.8m | us-gaap:AssetsCurrent |
| Total assets | At period end2024-01-27 | $1.49bn | us-gaap:Assets |
| Current liabilities | At period end2024-01-27 | $229.9m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2024-01-27 | $656.5m | us-gaap:Liabilities |
| Long-term debt | At period end2024-01-27 | $331.1m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2024-01-27 | $200.0k | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2024-01-27 | $835.0m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000950170-24-027579. Last ingested by Listed: Oct 24, 2026, 14:53 ET. Listed shows no prices and gives no investment advice.