Summary of Quarterly Results of Operations (Unaudited)

12 Months Ended

Apr. 29, 2017

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results of Operations (Unaudited)

The following is a summary of unaudited quarterly results of operations for the years ended April 29, 2017 and April 30, 2016:



	Fiscal 2017 Quarter Ended
	July 30		October 29		January 28		April 29
Net sales	$	191.9	$	209.3	$	195.6	$	219.7
Gross profit	$	54.1	$	55.6	$	53.4	$	55.2
Net income attributable to Methode Electronics, Inc.	$	21.2	$	24.9	$	23.7	$	23.1
Net income per basic common share	$	0.57	$	0.66	$	0.64	$	0.62
Net income per diluted common share	$	0.57	$	0.66	$	0.63	$	0.62



	Fiscal 2016 Quarter Ended
	August 1		October 31		January 30		April 30
Net sales	$	203.3	$	208.4	$	184.6	$	212.8
Gross profit	$	53.6	$	50.9	$	47.6	$	60.8
Net income attributable to Methode Electronics, Inc.	$	23.5	$	21.2	$	17.2	$	22.7
Net income per basic common share	$	0.60	$	0.55	$	0.45	$	0.61
Net income per diluted common share	$	0.60	$	0.54	$	0.45	$	0.61

Significant Items for Fiscal 2017

The table below contains items included in fiscal 2017:



	Fiscal 2017 Quarter Ended
	July 30		October 29			January 28			April 29
Legal fees related to the Hetronic lawsuit	$	4.3	$	2.3		$	1.6		$	2.8
Shut-down costs for two reporting units	$	—	$	—		$	—		$	2.2
Acquisition expenses *	$	—	$	—		$	—		$	1.5
Grant income from foreign government for maintaining certain employment levels	$	—	$	(1.5	)	$	(1.5	)	$	(1.5	)

* Related to a potential acquisition we elected not to undertake.

Significant Items for Fiscal 2016

The first, second, third and fourth quarters include pre-tax legal expenses of $1.2 million, $2.7 million, $2.7 million and $3.3 million, respectively related to the Hetronic lawsuits.