Methode electronics, inc. (MEI)
Balance Sheet / Yearly
Feb'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents

79,900

95,600

73,800

83,200

73,700

110,900

228,500

246,100

304,000

258,600

297,900

294,000

268,800

249,600

249,300

227,800

202,300

186,600

167,900

168,100

167,800

135,700

116,400

96,779

87,819

73,412

65,800

73,375

76,999

85,147

86,797

76,811

75,548

84,426

57,445

Accounts Receivable, Net

227,900

205,300

233,100

219,300

211,500

229,800

181,100

202,600

201,400

215,400

164,500

165,300

153,800

172,000

155,800

175,500

146,600

165,200

159,700

170,400

145,200

156,700

173,000

134,881

147,453

135,585

119,800

94,420

107,894

94,677

98,359

86,133

96,092

83,996

88,036

Inventories:
Finished Products

-

-

-

-

33,900

27,300

21,100

15,400

14,600

15,300

15,700

10,900

11,200

11,600

12,500

11,900

13,300

13,800

15,400

16,000

20,200

16,900

14,200

16,358

15,567

18,356

11,700

8,849

9,389

9,678

7,001

6,802

7,212

7,703

6,271

Work in Process

-

-

-

-

9,300

9,400

9,100

14,600

15,600

10,500

8,500

8,700

9,700

7,300

8,900

9,600

10,200

9,700

11,700

12,200

14,300

12,500

12,000

10,443

10,073

10,695

10,200

17,663

15,927

14,729

14,235

14,484

12,097

12,436

10,981

Materials

-

-

-

-

80,800

81,600

58,300

54,100

53,400

52,600

40,600

38,300

41,100

41,700

44,800

44,700

48,900

42,700

42,600

42,700

49,400

44,700

45,400

52,405

42,985

39,961

38,000

27,270

25,507

22,953

22,325

22,669

21,268

20,263

21,305

Inventories

126,100

133,800

122,000

116,700

124,000

118,300

88,500

84,100

83,600

78,400

64,800

57,900

62,000

60,600

66,200

66,200

72,400

66,200

69,700

70,900

83,900

74,100

71,600

79,206

68,625

69,012

59,900

53,782

50,823

47,360

43,561

43,955

40,577

40,402

38,557

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

11,800

15,500

13,900

14,800

15,000

5,800

6,100

8,700

3,415

3,475

3,367

3,300

3,571

3,465

3,335

3,529

3,575

3,728

3,735

3,778

Income Tax Receivable

9,700

12,000

13,400

14,300

14,700

10,400

9,900

2,400

600

600

600

600

-

-

-

1,300

-

-

-

1,800

-

-

400

252

269

269

300

439

566

635

1,015

881

881

829

851

Prepaid Expenses and Other Current Assets

20,300

18,700

19,000

20,000

22,500

21,700

15,900

14,800

15,700

15,900

19,100

12,500

14,500

14,900

16,600

13,600

16,900

18,500

15,000

12,100

12,400

12,900

11,600

10,466

9,956

10,572

9,500

7,872

8,920

9,017

7,172

8,468

9,029

9,280

7,294

TOTAL CURRENT ASSETS

463,900

465,400

461,300

453,500

446,400

491,100

523,900

550,000

605,300

568,900

546,900

530,300

499,100

497,100

487,900

496,200

453,700

450,400

427,100

438,300

415,100

385,500

381,700

324,999

317,597

292,217

258,600

233,459

248,667

240,171

240,433

219,823

225,855

222,668

195,961

LONG-TERM ASSETS
Land

-

-

-

-

3,600

3,600

800

800

800

600

600

600

-

-

-

600

-

-

-

800

-

-

3,100

-

-

-

3,100

-

-

-

3,135

-

-

-

3,135

Buildings and Building Improvements

-

-

-

-

74,700

73,800

74,000

69,200

64,300

58,300

62,000

48,200

-

-

-

46,900

-

-

-

44,400

-

-

45,900

-

-

-

43,200

-

-

-

44,051

-

-

-

45,522

Machinery and Equipment

-

-

-

-

390,300

382,900

362,900

364,700

364,600

331,100

313,900

287,900

-

-

-

278,400

-

-

-

264,000

-

-

274,600

-

-

-

251,000

-

-

-

230,265

-

-

-

249,597

Property, Plant and Equipment, Gross

-

-

-

-

468,600

460,300

437,700

434,700

429,700

390,000

376,500

336,700

327,600

326,600

325,300

325,900

316,900

313,500

308,700

309,200

310,800

324,200

323,600

318,100

317,107

305,709

297,300

293,562

283,863

276,585

277,451

266,397

266,251

298,359

298,254

Less: Allowances for Depreciation

-

-

-

-

279,500

272,400

272,400

272,500

276,000

263,100

259,100

246,100

239,900

237,800

235,000

232,900

225,000

223,000

218,800

215,900

218,100

224,700

222,400

215,445

214,249

205,391

198,900

200,182

193,980

195,136

200,299

197,203

199,263

236,471

236,743

Property, Plant and Equipment, Net

199,000

198,100

196,400

191,900

189,100

187,900

165,300

162,200

153,700

126,900

117,400

90,600

87,700

88,800

90,300

93,000

91,900

90,500

89,900

93,300

92,700

99,500

101,200

102,655

102,858

100,318

98,400

93,380

89,883

81,449

77,152

69,194

66,988

61,888

61,511

Goodwill

233,200

233,600

233,000

233,300

236,800

233,900

58,800

59,200

59,600

66,800

18,000

1,600

1,600

1,600

1,700

1,700

1,600

1,600

1,600

1,700

12,800

12,900

13,000

12,935

12,955

12,922

12,900

17,257

17,216

16,422

16,422

16,422

16,422

16,422

16,422

Other Intangible Assets, Net

251,000

255,800

260,400

264,900

267,600

275,100

58,200

61,000

65,600

56,600

18,100

6,600

7,200

7,800

8,400

8,900

9,500

10,100

10,700

11,300

11,700

12,600

13,000

15,182

15,625

16,032

16,500

17,046

17,482

16,215

16,620

17,063

17,533

17,961

18,423

Operating Lease, Right-of-Use Asset

27,300

28,600

26,100

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Surrender Value of Life Insurance

-

-

-

-

8,600

8,500

8,500

8,200

8,200

8,100

8,100

7,800

-

-

-

7,400

-

-

-

7,000

-

-

8,200

-

-

-

9,300

-

-

-

8,802

-

-

-

10,028

Deferred Tax Assets

34,300

34,100

34,100

34,300

32,800

32,700

41,500

42,300

35,900

44,500

44,700

40,400

35,800

36,300

36,700

27,700

27,100

28,900

28,000

32,100

25,400

37,200

40,000

-

-

-

14,800

-

-

-

15,072

-

-

-

4,456

Pre-production Costs

39,900

39,000

36,500

32,800

32,500

28,700

23,400

20,500

18,000

14,300

19,200

15,500

17,000

16,000

13,200

9,500

10,400

9,400

10,800

10,500

9,500

11,600

10,500

14,616

16,138

14,891

11,500

12,784

12,101

14,405

16,215

18,357

16,084

14,923

14,645

Other Long-term Assets

33,700

28,100

21,100

21,000

12,400

12,600

13,200

12,500

13,500

12,200

11,000

11,200

-

-

-

11,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LONG-TERM ASSETS

818,400

817,300

807,600

778,200

590,700

591,500

203,600

203,700

200,800

202,500

119,100

83,100

18,600

18,900

17,900

66,700

18,400

19,000

19,700

11,600

20,400

16,400

7,900

36,827

37,324

37,513

12,900

37,158

37,027

36,818

12,932

27,188

27,316

27,345

13,298

TOTAL NON-CURRENT ASSETS

-

-

-

-

-

-

-

-

-

-

-

-

80,200

80,600

77,900

-

67,000

69,000

70,800

74,200

79,800

90,700

92,600

79,560

82,042

81,358

77,900

84,245

83,826

83,860

86,063

79,030

77,355

76,651

77,272

TOTAL ASSETS

1,282,300

1,282,700

1,268,900

1,231,700

1,226,200

1,270,500

892,800

915,900

959,800

898,300

783,400

704,000

667,000

666,500

656,100

655,900

612,600

609,900

587,800

605,800

587,600

575,700

575,500

507,214

502,497

473,893

434,900

411,084

422,376

405,480

403,648

368,047

370,198

361,207

334,744

LIABILITIES & SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts Payable

88,800

97,100

90,700

91,900

88,600

105,600

79,000

89,500

87,900

99,300

81,200

75,300

67,700

75,900

69,300

68,200

64,300

71,200

68,000

70,100

74,300

79,500

82,000

70,887

78,410

76,166

61,500

46,472

56,746

54,038

54,775

41,674

40,712

37,772

37,152

Accrued Employee Liabilities

19,700

22,500

17,900

20,100

21,400

21,300

17,600

22,800

20,100

17,500

17,500

18,700

-

-

-

17,300

-

-

-

30,600

-

-

15,300

-

-

-

9,700

-

-

-

9,554

-

-

-

8,996

Other Accrued Expenses

22,600

27,800

35,800

33,900

34,400

33,200

21,400

21,600

27,000

23,100

17,900

17,700

-

-

-

17,300

-

-

-

17,200

-

-

15,900

-

-

-

14,800

-

-

-

14,964

-

-

-

16,003

Short-term Operating Lease Liability

6,000

6,500

6,200

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Debt, Current Maturities

15,100

15,200

15,400

15,700

15,200

15,300

3,900

4,400

2,900

2,300

3,800

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Tax Payable

11,400

15,200

14,800

19,300

16,800

16,800

14,900

18,700

12,400

10,100

6,100

12,700

-

-

-

13,000

-

-

-

1,700

-

-

1,300

-

-

-

600

-

-

-

9,131

-

-

-

0

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

43,500

38,000

35,900

-

45,000

40,300

36,000

-

50,900

39,500

-

27,977

28,144

27,140

-

32,447

32,880

35,761

-

26,982

25,912

27,024

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,000

-

-

4,600

-

-

-

3,800

-

-

-

3,453

-

-

-

1,336

TOTAL CURRENT LIABILITIES

163,600

184,300

180,800

180,900

176,400

192,200

136,800

157,000

150,300

152,300

126,500

124,400

111,200

113,900

105,200

117,900

109,300

111,500

104,000

130,600

125,200

119,000

119,100

98,864

106,554

103,306

90,400

78,919

89,626

89,799

91,877

68,656

66,624

64,796

63,487

LONG-TERM LIABILITIES
Long-term Debt, Excluding Current Maturities

241,900

259,900

267,700

276,900

287,700

342,300

49,200

53,400

116,000

105,500

47,600

27,000

37,000

49,000

54,000

57,000

55,000

22,000

2,000

5,000

20,000

38,000

48,000

50,000

51,500

52,500

43,500

40,000

46,000

56,500

48,000

39,500

36,500

27,000

0

Long-term Operating Lease Liability

21,900

22,800

20,600

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Income Tax Payable

29,300

29,300

32,400

33,000

33,000

38,900

42,600

42,600

48,300

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Long-term Liabilities

16,900

17,000

16,700

14,800

6,700

4,200

4,400

4,600

8,200

8,300

6,400

2,600

2,100

2,400

2,600

2,900

3,400

3,900

3,900

4,000

4,600

4,400

3,400

3,416

3,281

3,705

3,300

3,375

3,322

3,378

3,413

4,373

4,793

5,279

5,619

Deferred Tax Liabilities

35,800

36,800

36,400

36,400

38,900

39,800

17,600

18,300

19,600

15,800

4,300

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Compensation

-

-

-

-

9,400

9,800

10,000

10,000

10,200

9,600

9,200

8,900

8,800

8,400

8,400

8,000

7,800

7,800

7,900

7,200

6,900

6,400

12,800

12,852

10,963

9,073

8,100

5,557

5,436

4,982

4,801

4,560

4,801

4,773

4,494

TOTAL LONG-TERM LIABILITIES

345,800

365,800

373,800

361,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES

509,400

550,100

554,600

542,000

552,100

627,200

260,600

-

352,600

291,500

194,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SHAREHOLDERS' EQUITY
NON-CONTROLLING INTEREST

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

170

257

333

403

422

-

0

Common Stock, $0.50 par value, 100,000,000 shares authorized, 38,438,111 shares and 38,333,576 shares issued as of February 1, 2020 and April 27, 2019, respectively

19,200

19,200

19,200

19,200

19,200

19,200

19,200

19,100

19,100

19,100

19,100

19,100

19,100

19,000

19,200

19,100

19,100

19,700

20,000

19,900

19,800

19,700

19,600

19,631

19,362

19,290

19,200

19,201

19,201

19,201

19,188

19,182

19,182

19,182

19,156

Additional Paid-in Capital

156,000

154,400

152,900

150,400

148,200

147,300

138,500

136,500

135,800

139,400

136,300

132,200

125,200

121,200

117,100

112,300

111,500

108,700

106,200

102,200

96,900

92,800

89,800

88,679

85,582

83,650

81,500

80,111

79,386

78,630

77,652

76,741

75,588

74,002

72,113

Accumulated Other Comprehensive Loss

-16,400

-18,000

-15,200

-13,600

-8,500

-11,700

-4,000

13,900

24,600

-7,600

-1,100

-25,700

-32,100

-23,100

-15,100

-8,400

-23,600

-16,400

-14,400

-8,300

-7,900

19,400

24,700

20,389

23,805

18,123

15,700

18,173

14,333

8,624

15,573

14,993

20,849

21,195

23,152

Treasury Stock, 1,346,624 shares as of February 1, 2020 and April 27, 2019

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

11,500

18,400

11,500

11,500

11,400

11,400

11,377

11,377

11,377

11,400

11,377

11,377

11,377

11,377

11,377

11,377

11,377

11,377

Retained Earnings

625,600

588,500

568,900

545,200

526,700

500,000

490,000

472,000

439,200

467,400

446,600

427,000

407,200

387,200

376,200

358,600

341,600

364,100

376,500

356,500

333,300

287,100

269,200

224,502

212,559

195,374

184,400

176,804

176,072

155,304

154,008

150,832

152,614

154,894

155,989

TOTAL SHAREHOLDERS' EQUITY

772,900

732,600

714,300

689,700

674,100

643,300

632,200

630,000

607,200

606,800

589,400

541,100

507,900

492,800

485,900

470,100

437,100

464,600

469,900

458,800

430,600

407,600

391,900

341,824

329,931

305,060

289,400

282,912

277,615

250,382

255,044

250,371

256,856

257,896

259,033

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

100

100

200

300

300

300

258

268

249

200

215

207

182

180

184

202

1,463

2,111

TOTAL EQUITY

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

470,100

437,100

464,700

470,000

459,000

430,900

407,900

392,200

342,082

330,199

305,309

289,600

283,127

277,822

250,564

255,224

250,555

257,058

259,359

261,144

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

1,282,300

1,282,700

1,268,900

1,231,700

1,226,200

1,270,500

892,800

915,900

959,800

898,300

783,400

704,000

667,000

666,500

656,100

655,900

612,600

609,900

587,800

605,800

587,600

575,700

575,500

507,214

502,497

473,893

434,900

411,084

422,376

405,480

403,648

368,047

370,198

361,207

334,744