$MEI
METHODE ELECTRONICS INC Stock $mei

$mei Overview Financials Valuation SEC Filings Company Website

2022 Q2 Form 10-K Financial Statement

#000095017022011989 Filed on June 23, 2022

Income Statement

Concept	2022 Q2	2022 Q1	2022
Revenue	$288.7M	$291.6M	$1.164B
YoY Change	-4.09%	-1.25%	6.95%
Cost Of Revenue	$233.7M	$221.3M	$898.7M
YoY Change	3.59%	-0.45%	10.42%
Gross Profit	$54.90M	$69.10M	$264.9M
YoY Change	-27.38%	-4.82%	-3.36%
Gross Profit Margin	19.02%	23.7%	22.77%
Selling, General & Admin	$35.40M	$32.60M	$134.1M
YoY Change	-4.32%	1.56%	5.67%
% of Gross Profit	64.48%	47.18%	50.62%
Research & Development			$35.70M
YoY Change			-3.77%
% of Gross Profit			13.48%
Depreciation & Amortization	$13.00M	$8.900M	$52.60M
YoY Change	-2.26%	2.3%	2.14%
% of Gross Profit	23.68%	12.88%	19.86%
Operating Expenses	$40.10M	$37.40M	$169.8M
YoY Change	-4.07%	1.36%	3.54%
Operating Profit	$14.80M	$29.80M	$111.7M
YoY Change	-56.21%	-15.82%	-12.67%
Interest Expense	-$400.0K	-$400.0K	-$1.600M
YoY Change	-33.33%	-69.23%	-67.35%
% of Operating Profit	-2.7%	-1.34%	-1.43%
Other Income/Expense, Net	$100.0K	$4.400M	$10.30M
YoY Change	-92.31%	83.33%	-15.57%
Pretax Income	$17.20M	$33.50M	$118.5M
YoY Change	-53.01%	-8.22%	-12.16%
Income Tax	$1.000M	$4.100M	$16.30M
% Of Pretax Income	5.81%	12.24%	13.76%
Net Earnings	$16.20M	$29.40M	$102.2M
YoY Change	-47.91%	-7.84%	-16.43%
Net Earnings / Revenue	5.61%	10.08%	8.78%
Basic Earnings Per Share	$0.44	$0.80	$2.74
Diluted Earnings Per Share	$0.43	$0.78	$2.70
COMMON SHARES
Basic Shares Outstanding	38.30M	36.85M	37.23M
Diluted Shares Outstanding		37.48M	37.82M

Balance Sheet

Concept	2022 Q2	2022 Q1	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$172.0M	$153.1M	$172.0M
YoY Change	-26.24%	-30.0%	-26.24%
Cash & Equivalents	$172.0M	$153.1M	$172.0M
Short-Term Investments
Other Short-Term Assets	$16.90M	$20.90M	$16.90M
YoY Change	-25.22%	14.21%	-25.22%
Inventory	$158.5M	$167.0M	$158.5M
Prepaid Expenses
Receivables	$273.3M	$285.2M	$273.3M
Other Receivables	$8.300M	$14.20M	$8.300M
Total Short-Term Assets	$629.0M	$640.4M	$629.0M
YoY Change	-6.68%	-0.71%	-6.68%
LONG-TERM ASSETS
Property, Plant & Equipment	$197.0M	$200.6M	$217.0M
YoY Change	-3.43%	-2.34%	-4.11%
Goodwill	$233.0M	$234.0M
YoY Change	-1.1%
Intangibles	$207.7M	$213.3M
YoY Change	-9.46%	-8.73%
Long-Term Investments
YoY Change
Other Assets	$760.1M	$105.0M	$102.4M
YoY Change	-4.15%	2.64%	0.69%
Total Long-Term Assets	$760.1M	$770.9M	$760.1M
YoY Change	-4.15%	-3.58%	-4.15%
TOTAL ASSETS
Total Short-Term Assets	$629.0M	$640.4M	$629.0M
Total Long-Term Assets	$760.1M	$770.9M	$760.1M
Total Assets	$1.389B	$1.411B	$1.389B
YoY Change	-5.31%	-2.3%	-5.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$108.5M	$115.9M	$108.5M
YoY Change	-11.72%	-1.61%	-11.72%
Accrued Expenses	$60.50M	$57.40M	$60.50M
YoY Change	-6.35%	-12.77%	-6.35%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$13.00M	$13.20M	$13.00M
YoY Change	-12.75%	-14.29%	-12.75%
Total Short-Term Liabilities	$188.6M	$203.7M	$188.6M
YoY Change	-15.31%	-2.63%	-15.31%
LONG-TERM LIABILITIES
Long-Term Debt	$197.5M	$202.4M	$197.5M
YoY Change	-12.3%	-11.69%	-12.3%
Other Long-Term Liabilities	$14.00M	$51.40M	$50.90M
YoY Change	-31.71%	-22.59%	-18.95%
Total Long-Term Liabilities	$286.7M	$202.4M	$248.4M
YoY Change	-12.14%	-11.69%	-13.75%
TOTAL LIABILITIES
Total Short-Term Liabilities	$188.6M	$203.7M	$188.6M
Total Long-Term Liabilities	$286.7M	$202.4M	$248.4M
Total Liabilities	$475.3M	$494.9M	$475.3M
YoY Change	-13.42%	-9.51%	-13.42%
SHAREHOLDERS EQUITY
Retained Earnings	$763.9M
YoY Change	2.4%
Common Stock	$19.20M
YoY Change	-3.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$11.50M
YoY Change	0.0%
Treasury Stock Shares	$1.347M
Shareholders Equity	$913.8M	$916.4M	$913.8M
YoY Change
Total Liabilities & Shareholders Equity	$1.389B	$1.411B	$1.389B
YoY Change	-5.31%	-2.3%	-5.31%

Cashflow Statement

Concept	2022 Q2	2022 Q1	2022
OPERATING ACTIVITIES
Net Income	$16.20M	$29.40M	$102.2M
YoY Change	-47.91%	-7.84%	-16.43%
Depreciation, Depletion And Amortization	$13.00M	$8.900M	$52.60M
YoY Change	-2.26%	2.3%	2.14%
Cash From Operating Activities	$42.00M	$20.10M	$98.80M
YoY Change	16.67%	-76.92%	-45.05%
INVESTING ACTIVITIES
Capital Expenditures	-$8.400M	-$8.300M	$38.00M
YoY Change	75.0%	69.39%	52.61%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$600.0K
YoY Change		-100.0%	500.0%
Cash From Investing Activities	-$8.400M	-$8.300M	-$37.40M
YoY Change	75.0%	72.92%	50.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$64.50M
YoY Change			862.69%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-10.80M	-34.10M	-114.6M
YoY Change	-28.48%	-68.6%	-19.8%
NET CHANGE
Cash From Operating Activities	42.00M	20.10M	98.80M
Cash From Investing Activities	-8.400M	-8.300M	-37.40M
Cash From Financing Activities	-10.80M	-34.10M	-114.6M
Net Change In Cash	22.80M	-22.30M	-61.20M
YoY Change	41.61%	-15.21%	-484.91%
FREE CASH FLOW
Cash From Operating Activities	$42.00M	$20.10M	$98.80M
Capital Expenditures	-$8.400M	-$8.300M	$38.00M
Free Cash Flow	$50.40M	$28.40M	$60.80M
YoY Change	23.53%	-69.13%	-60.75%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2021Q2	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAccruedLiabilitiesCurrent
CY2021Q2	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#PropertyPlantAndEquipmentNet
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesNoncurrent
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0000065270
CY2022Q2	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAccruedLiabilitiesCurrent
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--04-30
CY2022Q2	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#PropertyPlantAndEquipmentNet
CY2022	dei	Document Type DocumentType	10-K
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-04-30
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	001-33731
CY2022	dei	Entity Registrant Name EntityRegistrantName	METHODE ELECTRONICS, INC.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	36-2090085
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	8750 West Bryn Mawr Avenue,
CY2022	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 1000
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Chicago,
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	IL
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	60631-3518
CY2022	dei	City Area Code CityAreaCode	708
CY2022	dei	Local Phone Number LocalPhoneNumber	867-6777
CY2022	dei	Security12b Title Security12bTitle	Common Stock, $0.50 Par Value
CY2022	dei	Trading Symbol TradingSymbol	MEI
CY2022	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2022	dei	Entity Small Business EntitySmallBusiness	false
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2021Q4	dei	Entity Public Float EntityPublicFloat	1100000000
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CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	6000000.0
CY2021Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	6100000
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CY2022	dei	Auditor Firm AuditorFirmId	42
CY2022	dei	Auditor Name AuditorName	Ernst & Young LLP
CY2022	dei	Auditor Location AuditorLocation	Chicago, Illinois
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CY2021Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	204000000.0
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CY2021Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	17500000
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CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	155300000
CY2020	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	110100000
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	689700000
CY2020	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-400000
CY2020	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	300000
CY2020	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-13300000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	123400000
CY2020	us-gaap	Dividends Dividends	16300000
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	783400000
CY2021	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-3900000
CY2021	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6800000
CY2021	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	800000
CY2021	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7500000
CY2021	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	33000000.0
CY2021	us-gaap	Net Income Loss NetIncomeLoss	122300000
CY2021	us-gaap	Dividends Dividends	16900000
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	918000000.0
CY2022	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-300000
CY2022	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11000000.0
CY2022	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	500000
CY2022	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	63700000
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-32900000
CY2022	us-gaap	Net Income Loss NetIncomeLoss	102200000
CY2022	us-gaap	Dividends Dividends	21000000.0
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	913800000
CY2022	us-gaap	Net Income Loss NetIncomeLoss	102200000
CY2021	us-gaap	Net Income Loss NetIncomeLoss	122300000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	123400000
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	52600000
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	51500000
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	48300000
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	11800000
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	6800000
CY2020	us-gaap	Share Based Compensation ShareBasedCompensation	300000
CY2022	mei	Changein Cash Surrender Valueof Life Insurance ChangeinCashSurrenderValueofLifeInsurance	-100000
CY2021	mei	Changein Cash Surrender Valueof Life Insurance ChangeinCashSurrenderValueofLifeInsurance	2000000.0
CY2022	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	700000
CY2021	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	700000
CY2020	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	700000
CY2022	mei	Gain Losson Saleof Business Investmentand Property GainLossonSaleofBusinessInvestmentandProperty	300000
CY2021	mei	Gain Losson Saleof Business Investmentand Property GainLossonSaleofBusinessInvestmentandProperty	-1300000
CY2020	mei	Gain Losson Saleof Business Investmentand Property GainLossonSaleofBusinessInvestmentandProperty	400000
CY2022	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	3100000
CY2022	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	2100000
CY2021	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	9600000
CY2020	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-8000000.0
CY2022	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-500000
CY2021	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-2000000.0
CY2020	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	200000
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2000000.0
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	81900000
CY2020	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-27400000
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	39300000
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-11300000
CY2020	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	15800000
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1500000
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-17900000
CY2020	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3600000
CY2022	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-8700000
CY2021	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	44000000.0
CY2020	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-15500000
CY2022	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-21300000
CY2021	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	15500000
CY2020	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-32000000.0
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	98800000
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	179800000
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	140600000
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	38000000.0
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	24900000
CY2020	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	45100000
CY2022	us-gaap	Proceeds From Sales Of Assets Investing Activities ProceedsFromSalesOfAssetsInvestingActivities	600000
CY2021	us-gaap	Proceeds From Sales Of Assets Investing Activities ProceedsFromSalesOfAssetsInvestingActivities	100000
CY2020	us-gaap	Proceeds From Sales Of Assets Investing Activities ProceedsFromSalesOfAssetsInvestingActivities	600000
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-37400000
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-24800000
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-44500000
CY2022	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	300000
CY2021	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3900000
CY2020	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	400000
CY2022	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	700000
CY2021	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	500000
CY2020	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	700000
CY2022	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	500000
CY2021	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	800000
CY2022	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	64500000
CY2021	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6700000
CY2022	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	20400000
CY2021	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	17400000
CY2020	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	16300000
CY2021	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1500000
CY2020	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	157500000
CY2022	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	29200000
CY2021	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	116700000
CY2020	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	98400000
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-114600000
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-142900000
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	41700000
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-8000000.0
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3800000
CY2020	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3700000
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-61200000
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	15900000
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	134100000
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	233200000
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	217300000
CY2019Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	83200000
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	172000000.0
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	233200000
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	217300000
CY2022	us-gaap	Interest Paid Net InterestPaidNet	3600000
CY2021	us-gaap	Interest Paid Net InterestPaidNet	5300000
CY2020	us-gaap	Interest Paid Net InterestPaidNet	9900000
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	32300000
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	16000000.0
CY2020	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	21100000
CY2022	us-gaap	Fiscal Period FiscalPeriod	<p style="text-indent:4.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Financial reporting periods. </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The Company maintains its financial records on the basis of a 52 or 53-week fiscal year ending on the Saturday closest to April 30. Fiscal 2022 and 2021 represented </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">52</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> weeks and ended on April 30, 2022 and May 1, 2021, respectively. Fiscal 2020 represented </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">53</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> weeks and ended on May 2, 2020. The following discussions of comparative results among periods should be reviewed in that context.</span></p>
CY2022	us-gaap	Fiscal Period Duration FiscalPeriodDuration	P364D
CY2021	us-gaap	Fiscal Period Duration FiscalPeriodDuration	P364D
CY2020	us-gaap	Fiscal Period Duration FiscalPeriodDuration	P371D
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p style="text-indent:4.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of estimates.</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</span></p>
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1000000.0
CY2021Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	700000
CY2022	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="text-indent:4.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Concentration of credit risk. </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Financial assets that subject the Company to concentration of credit risk consist primarily of cash equivalents, derivative contracts, and accounts receivable. The Company’s counterparties for cash equivalents and derivative contracts are banks and financial institutions that meet the Company’s requirement of high credit standing. For accounts receivable, the Company generally does not require collateral. Sales to General Motors Company (“GM”) in the Automotive segment, either directly or through its tiered suppliers, represented a significant portion of the Company's business. As of April 30, 2022 and May 1, 2021</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">, accounts receivable from GM (including tiered suppliers) were approximately $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">42.0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million and $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">54.9</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million, respectively.</span></p>
CY2022Q2	us-gaap	Preproduction Costs Related To Long Term Supply Arrangements Asset For Molds Dies And Tools Not Owned PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned	27200000
CY2021Q2	us-gaap	Preproduction Costs Related To Long Term Supply Arrangements Asset For Molds Dies And Tools Not Owned PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned	25000000.0
CY2022Q2	us-gaap	Preproduction Costs Related To Long Term Supply Arrangements Asset For Molds Dies And Tools Owned PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsOwned	14600000
CY2021Q2	us-gaap	Preproduction Costs Related To Long Term Supply Arrangements Asset For Molds Dies And Tools Owned PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsOwned	17000000.0
CY2022Q2	us-gaap	Grants Receivable GrantsReceivable	12700000
CY2021Q2	us-gaap	Grants Receivable GrantsReceivable	18600000
CY2022	us-gaap	Depreciation Depreciation	33500000
CY2021	us-gaap	Depreciation Depreciation	32200000
CY2020	us-gaap	Depreciation Depreciation	29300000
CY2022	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	4400000
CY2022Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	700000
CY2021Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	700000
CY2022Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	800000
CY2021Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	1000000.0
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	8900000
CY2021	us-gaap	Operating Lease Cost OperatingLeaseCost	8400000
CY2020	us-gaap	Operating Lease Cost OperatingLeaseCost	9000000.0
CY2022	us-gaap	Variable Lease Cost VariableLeaseCost	1600000
CY2021	us-gaap	Variable Lease Cost VariableLeaseCost	1600000
CY2020	us-gaap	Variable Lease Cost VariableLeaseCost	1300000
CY2022	us-gaap	Lease Cost LeaseCost	10500000
CY2021	us-gaap	Lease Cost LeaseCost	10000000.0
CY2020	us-gaap	Lease Cost LeaseCost	10300000
CY2022	us-gaap	Operating Lease Payments OperatingLeasePayments	10800000
CY2021	us-gaap	Operating Lease Payments OperatingLeasePayments	9300000
CY2020	us-gaap	Operating Lease Payments OperatingLeasePayments	8700000
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	7700000
CY2021	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5700000
CY2020	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5500000
CY2022Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y3M18D
CY2021Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y
CY2020Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y8M12D
CY2022Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.044
CY2021Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.046
CY2020Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.047
CY2021Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	525000000.0
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	6.5
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4.8
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2.5
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1.7
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	1.5
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	7.0
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	24.0
CY2022Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	3.2
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	20.8
CY2022	us-gaap	Restructuring Costs RestructuringCosts	3600000
CY2021	us-gaap	Restructuring Costs RestructuringCosts	8200000
CY2021Q2	us-gaap	Restructuring Costs RestructuringCosts	1200000
CY2022	us-gaap	Restructuring Costs RestructuringCosts	3600000
CY2022Q2	us-gaap	Restructuring Costs RestructuringCosts	100000
CY2022	us-gaap	Restructuring Costs RestructuringCosts	3600000
CY2021	us-gaap	Restructuring Costs RestructuringCosts	8200000
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	324500000
CY2021Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	321000000.0
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	197000000.0
CY2021Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	204000000.0
CY2022Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	31800000
CY2021Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	24800000
CY2022Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	12900000
CY2021Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	14000000.0
CY2022Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	113800000
CY2021Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	85400000
CY2022Q2	us-gaap	Inventory Net InventoryNet	158500000
CY2021Q2	us-gaap	Inventory Net InventoryNet	124200000
CY2022Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	521500000
CY2021	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5500000
CY2019Q2	us-gaap	Goodwill Goodwill	233300000
CY2020	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	-200000
CY2020	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-1500000
CY2020Q2	us-gaap	Goodwill Goodwill	231600000
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	134900000
CY2022Q2	us-gaap	Goodwill Goodwill	233000000.0
CY2021	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	4000000.0
CY2021Q2	us-gaap	Goodwill Goodwill	235600000
CY2022	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-2600000
CY2022Q2	us-gaap	Goodwill Goodwill	233000000.0
CY2021Q2	us-gaap	Goodwill Goodwill	235600000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	290300000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	84400000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	205900000
CY2022Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	292100000
CY2022Q2	mei	Intangible Assets Accumulated Amortization IntangibleAssetsAccumulatedAmortization	84400000
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	207700000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	294000000.0
CY2021Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	66400000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	227600000
CY2021Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	295800000
CY2021Q2	mei	Intangible Assets Accumulated Amortization IntangibleAssetsAccumulatedAmortization	66400000
CY2021Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	229400000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	18900000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	18500000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	17900000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	17100000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	16400000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	117100000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	205900000
CY2022	us-gaap	Derivative Maturity Dates DerivativeMaturityDates	2023-08-31
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	13000000.0
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	196900000
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	200000
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	200000
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	200000
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	900000
CY2022Q2	mei	Longterm Debtand Capital Leases LongtermDebtandCapitalLeases	211400000
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	118500000
CY2022Q2	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	60000000.0
CY2022Q2	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	54800000
CY2021Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	225200000
CY2022	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent DefinedContributionPlanEmployerMatchingContributionPercent	0.03
CY2022	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	1200000
CY2021	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	1200000
CY2020	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	1700000
CY2022	mei	Deferred Compensation Plan Maximum Deferral Percentage Annual Base Salary DeferredCompensationPlanMaximumDeferralPercentageAnnualBaseSalary	0.75
CY2022	mei	Deferred Compensation Plan Maximum Deferral Percentage Annual Cash Incentive DeferredCompensationPlanMaximumDeferralPercentageAnnualCashIncentive	1
CY2022	mei	Deferred Compensation Plan Aggregate Minimum Deferral DeferredCompensationPlanAggregateMinimumDeferral	3000
CY2022	mei	Deferred Compensation Plan Minimum Deferral Period DeferredCompensationPlanMinimumDeferralPeriod	P3Y
CY2022	mei	Deferred Compensation Vesting Percentage DeferredCompensationVestingPercentage	1
CY2022	mei	Deferred Compensation Plan Employer Discretionary Contribution Amount DeferredCompensationPlanEmployerDiscretionaryContributionAmount	0
CY2022Q2	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	7600000
CY2021Q2	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	6500000
CY2022Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	900000
CY2021Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	1500000
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	210500000
CY2021Q2	us-gaap	Long Term Debt LongTermDebt	240100000
CY2022Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	13000000.0
CY2021Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	14900000
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	197500000
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	35700000
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	37100000
CY2020	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	34900000
CY2022Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	400000
CY2021Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	600000
CY2022	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-600000
CY2022	us-gaap	Contract With Customer Asset Credit Loss Expense ContractWithCustomerAssetCreditLossExpense	0
CY2022Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	200000
CY2021Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	300000
CY2022	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	-100000
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1163600000
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1163600000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1088000000.0
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1088000000.0
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	148700000
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	18700000
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	21700000
CY2020	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	17900000
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2400000
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-9100000
CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	7400000
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	16300000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12600000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	25300000
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	24900000
CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	28300000
CY2020	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	31200000
CY2022	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	600000
CY2021	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	100000
CY2020	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	1500000
CY2022	mei	Income Tax Reconciliation Withholding Taxes IncomeTaxReconciliationWithholdingTaxes	2500000
CY2021	mei	Income Tax Reconciliation Withholding Taxes IncomeTaxReconciliationWithholdingTaxes	2700000
CY2020	mei	Income Tax Reconciliation Withholding Taxes IncomeTaxReconciliationWithholdingTaxes	2300000
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	2100000
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	500000
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	200000
CY2022	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-8100000
CY2021	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-10800000
CY2020	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-8300000
CY2022	us-gaap	Income Tax Reconciliation Tax Contingencies Foreign IncomeTaxReconciliationTaxContingenciesForeign	-1700000
CY2021	us-gaap	Income Tax Reconciliation Tax Contingencies Foreign IncomeTaxReconciliationTaxContingenciesForeign	2800000
CY2020	us-gaap	Income Tax Reconciliation Tax Contingencies Foreign IncomeTaxReconciliationTaxContingenciesForeign	-1000000.0
CY2021	us-gaap	Income Tax Reconciliation Tax Credits Foreign IncomeTaxReconciliationTaxCreditsForeign	7200000
CY2020	us-gaap	Income Tax Reconciliation Tax Credits Foreign IncomeTaxReconciliationTaxCreditsForeign	800000
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense Research And Development IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment	2600000
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense Research And Development IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment	2200000
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense Research And Development IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment	600000
CY2022	mei	Effective Income Tax Rate Reconciliation Changein Tax Reserve Amount EffectiveIncomeTaxRateReconciliationChangeinTaxReserveAmount	-100000
CY2021	mei	Effective Income Tax Rate Reconciliation Changein Tax Reserve Amount EffectiveIncomeTaxRateReconciliationChangeinTaxReserveAmount	100000
CY2020	mei	Effective Income Tax Rate Reconciliation Changein Tax Reserve Amount EffectiveIncomeTaxRateReconciliationChangeinTaxReserveAmount	2200000
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-2000000.0
CY2021	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	1800000
CY2020	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	800000
CY2022	mei	Effective Income Tax Rate Reconciliation Tax Rate Change Foreign Amount EffectiveIncomeTaxRateReconciliationTaxRateChangeForeignAmount	100000
CY2021	mei	Effective Income Tax Rate Reconciliation Tax Rate Change Foreign Amount EffectiveIncomeTaxRateReconciliationTaxRateChangeForeignAmount	-100000
CY2020	mei	Effective Income Tax Rate Reconciliation Tax Rate Change Foreign Amount EffectiveIncomeTaxRateReconciliationTaxRateChangeForeignAmount	-100000
CY2022	mei	Effective Income Tax Rate Reconciliation Other Amount EffectiveIncomeTaxRateReconciliationOtherAmount	600000
CY2021	mei	Effective Income Tax Rate Reconciliation Other Amount EffectiveIncomeTaxRateReconciliationOtherAmount	-3400000
CY2020	mei	Effective Income Tax Rate Reconciliation Other Amount EffectiveIncomeTaxRateReconciliationOtherAmount	-2100000
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	16300000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12600000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	25300000
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.138
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.093
CY2020	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.170
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-2000000.0
CY2022	us-gaap	Income Tax Reconciliation Tax Contingencies Foreign IncomeTaxReconciliationTaxContingenciesForeign	-1700000
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	2100000
CY2021	us-gaap	Income Tax Reconciliation Tax Credits Foreign IncomeTaxReconciliationTaxCreditsForeign	7200000
CY2020	us-gaap	Income Tax Reconciliation Tax Credits Foreign IncomeTaxReconciliationTaxCreditsForeign	800000
CY2020	mei	Effective Income Tax Rate Reconciliation Changein Tax Reserve Amount EffectiveIncomeTaxRateReconciliationChangeinTaxReserveAmount	2200000
CY2020	mei	Effective Income Tax Rate Reconciliation Foreign Withholding Taxes EffectiveIncomeTaxRateReconciliationForeignWithholdingTaxes	2300000
CY2022Q2	mei	Deferred Tax Liabilities Fixed Assets DeferredTaxLiabilitiesFixedAssets	4300000
CY2021Q2	mei	Deferred Tax Liabilities Fixed Assets DeferredTaxLiabilitiesFixedAssets	2900000
CY2022Q2	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets	48100000
CY2021Q2	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets	49100000
CY2022Q2	us-gaap	Deferred Tax Liabilities Undistributed Foreign Earnings DeferredTaxLiabilitiesUndistributedForeignEarnings	3100000
CY2021Q2	us-gaap	Deferred Tax Liabilities Undistributed Foreign Earnings DeferredTaxLiabilitiesUndistributedForeignEarnings	2000000.0
CY2022Q2	mei	Deferred Tax Lease Assets DeferredTaxLeaseAssets	-4500000
CY2021Q2	mei	Deferred Tax Lease Assets DeferredTaxLeaseAssets	-4900000
CY2022Q2	us-gaap	Deferred Tax Liabilities Derivatives DeferredTaxLiabilitiesDerivatives	1100000
CY2022Q2	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	600000
CY2021Q2	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	400000
CY2022Q2	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	61700000
CY2021Q2	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	59300000
CY2022Q2	mei	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation And Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensationAndShareBasedCompensationCost	6900000
CY2021Q2	mei	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation And Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensationAndShareBasedCompensationCost	6900000
CY2022Q2	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	3500000
CY2021Q2	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	2700000
CY2022Q2	mei	Deferred Tax Lease Liability DeferredTaxLeaseLiability	-4700000
CY2021Q2	mei	Deferred Tax Lease Liability DeferredTaxLeaseLiability	-5300000
CY2022Q2	us-gaap	Deferred Tax Assets Derivative Instruments DeferredTaxAssetsDerivativeInstruments	0
CY2021Q2	us-gaap	Deferred Tax Assets Derivative Instruments DeferredTaxAssetsDerivativeInstruments	1600000
CY2022Q2	mei	Deferred Tax Assets Tax Credit Carryforwards Foreign Investment Tax Credit DeferredTaxAssetsTaxCreditCarryforwardsForeignInvestmentTaxCredit	29800000
CY2021Q2	mei	Deferred Tax Assets Tax Credit Carryforwards Foreign Investment Tax Credit DeferredTaxAssetsTaxCreditCarryforwardsForeignInvestmentTaxCredit	34700000
CY2022Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	17400000
CY2021Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	15600000
CY2022Q2	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Foreign DeferredTaxAssetsTaxCreditCarryforwardsForeign	1300000
CY2021Q2	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Foreign DeferredTaxAssetsTaxCreditCarryforwardsForeign	1400000
CY2022Q2	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	3400000
CY2021Q2	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	3300000
CY2022Q2	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	67000000.0
CY2021Q2	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	71500000
CY2022Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	6800000
CY2021Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	9300000
CY2022Q2	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	60200000
CY2021Q2	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	62200000
CY2022Q2	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1500000
CY2021Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	2900000
CY2022Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	36800000
CY2021Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	41200000
CY2022Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	38300000
CY2021Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	38300000
CY2022Q2	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1500000
CY2021Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	2900000
CY2022Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	1500000
CY2021Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	2900000
CY2022Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	6800000
CY2022Q2	us-gaap	Undistributed Earnings Of Foreign Subsidiaries UndistributedEarningsOfForeignSubsidiaries	354300000
CY2022Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	5100000
CY2021Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	5300000
CY2022Q2	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	200000
CY2021Q2	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	200000
CY2021Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	5300000
CY2020Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	5200000
CY2022	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	0
CY2021	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	200000
CY2022	us-gaap	Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations	200000
CY2021	us-gaap	Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations	100000
CY2022Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	5100000
CY2021Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	5300000
CY2022Q2	mei	Site Contingency Number Of Sites Subject To Environmental Investigation Or Remediation SiteContingencyNumberOfSitesSubjectToEnvironmentalInvestigationOrRemediation	2
CY2022Q2	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	1000000.0
CY2021Q2	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	900000
CY2022	us-gaap	Environmental Remediation Expense EnvironmentalRemediationExpense	500000
CY2021	us-gaap	Environmental Remediation Expense EnvironmentalRemediationExpense	500000
CY2020	us-gaap	Environmental Remediation Expense EnvironmentalRemediationExpense	500000
CY2022	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-30500000
CY2022	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	2400000
CY2022	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1425190
CY2021	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	167949
CY2022	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	44.73
CY2021	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	44.66
CY2022	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	63700000
CY2021	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7500000
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1593139
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	71200000
CY2022Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	28800000
CY2022	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	20400000
CY2021	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	17400000
CY2020	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	16300000
CY2022	mei	Description Of Changes In Dividends Rate DescriptionOfChangesInDividendsRate	increased its quarterly dividend from $0.11 per share to $0.14 per share
CY2021Q2	mei	Increased Quarterly Dividend Per Share IncreasedQuarterlyDividendPerShare	0.11
CY2021Q3	mei	Increased Quarterly Dividend Per Share IncreasedQuarterlyDividendPerShare	0.14
CY2020	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-14200000
CY2020	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-900000
CY2020	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-13300000
CY2021	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	32900000
CY2021	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-100000
CY2021	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	33000000.0
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-32900000
CY2022	us-gaap	Net Income Loss NetIncomeLoss	102200000
CY2021	us-gaap	Net Income Loss NetIncomeLoss	122300000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	123400000
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37234086
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	38038615
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37574671
CY2022	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	583360
CY2021	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	267671
CY2020	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	269799
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37817446
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	38306286
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37844470
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.74
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.22
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.28
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.70
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.19
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.26
CY2022	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	928412
CY2021	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	738167
CY2020	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	566620
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1163600000
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	111700000
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-3500000
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	10300000
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	118500000
CY2022	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	38000000.0
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	52600000
CY2022Q2	us-gaap	Assets Assets	1389100000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1088000000.0
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	127900000
CY2021	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-5200000
CY2021	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	12200000
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	134900000
CY2021	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	24900000
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	51500000
CY2021Q2	us-gaap	Assets Assets	1467000000.0
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1023900000
CY2020	us-gaap	Operating Income Loss OperatingIncomeLoss	147100000
CY2020	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-10100000
CY2020	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	11700000
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	148700000
CY2020	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	45100000
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	48300000
CY2020Q2	us-gaap	Assets Assets	1370600000
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1163600000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1088000000.0
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1023900000
CY2022Q2	mei	Property Plant And Equipment And Operating Lease Assets PropertyPlantAndEquipmentAndOperatingLeaseAssets	217000000.0
CY2021Q2	mei	Property Plant And Equipment And Operating Lease Assets PropertyPlantAndEquipmentAndOperatingLeaseAssets	226300000
CY2021Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	287800000
CY2021Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	295500000
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	291600000
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	288700000
CY2021Q3	us-gaap	Gross Profit GrossProfit	71700000
CY2021Q4	us-gaap	Gross Profit GrossProfit	69200000
CY2022Q1	us-gaap	Gross Profit GrossProfit	69100000
CY2022Q2	us-gaap	Gross Profit GrossProfit	54900000
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	29100000
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	27500000
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	29400000
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	16200000
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.77
CY2021Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.80
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.44
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.76
CY2021Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.72
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.78
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.43
CY2020Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	190900000
CY2020Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	300800000
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	295300000
CY2021Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	301000000.0
CY2020Q3	us-gaap	Gross Profit GrossProfit	45100000
CY2020Q4	us-gaap	Gross Profit GrossProfit	80800000
CY2021Q1	us-gaap	Gross Profit GrossProfit	72600000
CY2021Q2	us-gaap	Gross Profit GrossProfit	75600000
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	20700000
CY2020Q4	us-gaap	Net Income Loss NetIncomeLoss	38600000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	31900000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	31100000
CY2020Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
CY2020Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.01
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.84
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.82
CY2020Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
CY2020Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.01
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81

Files In Submission

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$MEI
METHODE ELECTRONICS INC Stock $mei

2022 Q2 Form 10-K Financial Statement

#000095017022011989 Filed on June 23, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MEI METHODE ELECTRONICS INC Stock $mei

2022 Q2 Form 10-K Financial Statement

#000095017022011989 Filed on June 23, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MEI
METHODE ELECTRONICS INC Stock $mei