Methode Electronics Inc (MEI)

Technology | Hardware Equipment Parts
Income Statement (Quarterly) 2025-08-02 2025-02-01 2024-11-02 2024-07-27
Revenue 240,500,000 239,900,000 292,600,000 258,500,000
Cost of Revenue 197,000,000 198,600,000 234,700,000 213,900,000
Gross Profit 43,500,000 41,300,000 57,900,000 44,600,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 36,600,000 37,700,000 42,600,000 45,900,000
Operating Expenses 42,400,000 43,500,000 48,500,000 52,400,000
Operating Income 1,100,000 -2,200,000 9,400,000 -7,500,000
Interest Expense 5,900,000 5,500,000 6,200,000 4,800,000
Income Before Tax -6,100,000 -8,200,000 1,600,000 -13,100,000
Income Tax Expense 4,200,000 6,200,000 3,200,000 5,200,000
Net Income -10,300,000 -14,400,000 -1,600,000 -18,300,000
Per Share
EPS -0.29 -0.41 -0.05 -0.52
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-05-03 2025-04-30 2024-04-27 2023-04-30 2023-04-29
Revenue 1,048,099,999 1,048,099,999 1,114,500,000 1,179,600,000 1,179,600,000
Cost of Revenue 884,699,999 884,699,999 935,700,000 915,500,000 915,500,000
Gross Profit 163,400,000 163,400,000 178,800,000 264,100,000 264,100,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 163,900,000 163,900,000 155,900,000 154,900,000 154,900,000
Operating Expenses 187,300,000 187,300,000 292,500,000 173,700,000 173,700,000
Operating Income -23,900,000 -23,900,000 -112,000,000 90,400,000 90,400,000
Interest Expense 22,700,000 22,700,000 16,700,000 2,700,000 2,700,000
Income Before Tax -50,100,000 -50,100,000 -128,100,000 90,100,000 90,100,000
Income Tax Expense 12,500,000 12,500,000 -4,800,000 13,000,000 13,000,000
Net Income -62,600,000 -62,600,000 -123,300,000 77,100,000 77,100,000
Per Share
EPS -1.76 -1.76 -3.48 2.14 2.14
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-05-03 2025-04-30 2024-04-27 2023-04-30
Assets
Cash and Cash Equivalents 103,600,000 103,600,000 161,500,000 157,000,000
Short Term Investments 0 0 0 0
Net Receivables 245,100,000 245,100,000 266,600,000 327,200,000
Inventory 194,100,000 194,100,000 186,200,000 159,700,000
Total Current Assets 559,900,000 559,900,000 637,700,000 664,400,000
Property Plant Equipment 245,300,000 245,300,000 238,800,000 248,700,000
Goodwill and Intangibles 411,100,000 411,100,000 426,600,000 558,600,000
Total Assets 1,305,800,000 1,305,800,000 1,403,500,000 1,579,100,000
Liabilities
Account Payables 125,900,000 125,900,000 132,400,000 138,700,000
Short Term Debt 7,600,000 7,600,000 6,900,000 10,000,000
Total Current Liabilities 233,200,000 233,200,000 231,400,000 228,000,000
Long Term Debt 335,600,000 335,600,000 351,300,000 325,400,000
Total Liabilities 612,500,000 612,500,000 637,500,000 637,300,000
Shareholders Equity
Retained Earnings 524,200,000 524,200,000 612,300,000 772,700,000
Total Shareholders Equity 693,300,000 693,300,000 766,000,000 941,800,000
Balance Sheet (Annual) 2025-05-03 2025-04-30 2024-04-27 2023-04-30 2023-04-29
Assets
Cash and Cash Equivalents 103,600,000 103,600,000 161,500,000 157,000,000 157,000,000
Short Term Investments 0 0 0 0 1,600,000
Net Receivables 245,100,000 245,100,000 266,600,000 327,200,000 314,300,000
Inventory 194,100,000 194,100,000 186,200,000 159,700,000 159,700,000
Total Current Assets 559,900,000 559,900,000 637,700,000 664,400,000 664,400,000
Property Plant Equipment 245,300,000 245,300,000 238,800,000 248,700,000 248,700,000
Goodwill and Intangibles 411,100,000 411,100,000 426,600,000 558,600,000 558,600,000
Total Assets 1,305,800,000 1,305,800,000 1,403,500,000 1,579,100,000 1,579,100,000
Liabilities
Account Payables 125,900,000 125,900,000 132,400,000 138,700,000 138,700,000
Short Term Debt 7,600,000 7,600,000 6,900,000 10,000,000 10,000,000
Total Current Liabilities 233,200,000 233,200,000 231,400,000 228,000,000 228,000,000
Long Term Debt 335,600,000 335,600,000 351,300,000 325,400,000 325,400,000
Total Liabilities 612,500,000 612,500,000 637,500,000 637,300,000 637,300,000
Shareholders Equity
Retained Earnings 524,200,000 524,200,000 612,300,000 772,700,000 772,700,000
Total Shareholders Equity 693,300,000 693,300,000 766,000,000 941,800,000 941,800,000
Cash Flow Statement (Quarterly) 2025-05-03 2025-04-30 2024-04-27 2023-04-30
Operating Activities
Net Income -62,600,000 -62,600,000 -123,300,000 77,100,000
Depreciation & Amortization 58,500,000 58,500,000 57,900,000 49,500,000
Stock Based Compensation 7,400,000 7,400,000 3,600,000 11,500,000
Change in Working Capital 3,700,000 3,700,000 23,800,000 -3,500,000
Operating Cash Flow 26,400,000 26,400,000 47,500,000 132,800,000
Investing Activities
Capital Expenditure -41,600,000 -41,600,000 -50,200,000 -42,000,000
Investments -41,600,000 -41,600,000 -50,200,000 -42,000,000
Investing Cash Flow -32,900,000 -32,900,000 -17,500,000 -153,100,000
Financing Activities
Debt Repayment -32,600,000 -32,600,000 30,500,000 -271,400,000
Common Stock Issued/Repurchased -1,600,000 -1,600,000 -13,700,000 298,100,000
Dividends Paid -20,400,000 -20,400,000 -19,900,000 -19,800,000
Financing Cash Flow -58,900,000 -58,900,000 -18,900,000 3,200,000
Summary
Free Cash Flow -15,200,000 -15,200,000 -2,700,000 90,800,000
Net Change in Cash -57,900,000 -57,900,000 4,500,000 -15,000,000
Cash Flow Statement (Annual) 2025-05-03 2025-04-30 2024-04-27 2023-04-30 2023-04-29
Operating Activities
Net Income -62,600,000 -62,600,000 -123,300,000 77,100,000 77,100,000
Depreciation & Amortization 58,500,000 58,500,000 57,900,000 49,500,000 49,500,000
Stock Based Compensation 7,400,000 7,400,000 3,600,000 11,500,000 11,500,000
Change in Working Capital 3,700,000 3,700,000 23,800,000 -3,500,000 -3,500,000
Operating Cash Flow 26,400,000 26,400,000 47,500,000 132,800,000 132,800,000
Investing Activities
Capital Expenditure -41,600,000 -41,600,000 -50,200,000 -42,000,000 -42,000,000
Investments -41,600,000 -41,600,000 -50,200,000 -42,000,000 -42,000,000
Investing Cash Flow -32,900,000 -32,900,000 -17,500,000 -153,100,000 -153,100,000
Financing Activities
Debt Repayment -32,600,000 -32,600,000 30,500,000 -271,400,000 -271,400,000
Common Stock Issued/Repurchased -1,600,000 -1,600,000 -13,700,000 298,100,000 298,100,000
Dividends Paid -20,400,000 -20,400,000 -19,900,000 -19,800,000 -19,800,000
Financing Cash Flow -58,900,000 -58,900,000 -18,900,000 3,200,000 3,200,000
Summary
Free Cash Flow -15,200,000 -15,200,000 -2,700,000 90,800,000 90,800,000
Net Change in Cash -57,900,000 -57,900,000 4,500,000 -15,000,000 -15,000,000