Segment Information and Geographic Area Information (Tables)

12 Months Ended

Apr. 29, 2023

Segment Reporting [Abstract]

Schedule of Reportable Segments

The tables below present information about the Company’s reportable segments.

	Fiscal Year Ended April 29, 2023
(in millions)	Automotive			Industrial			Interface			Medical			Eliminations/ Corporate			Consolidated
Net sales	$	742.1		$	403.2		$	55.1		$	3.6		$	(24.4	)	$	1,179.6
Transfers between segments		(5.9	)		(18.3	)		(0.2	)		—			24.4			—
Net sales to unaffiliated customers	$	736.2		$	384.9		$	54.9		$	3.6		$	—		$	1,179.6
Income (loss) from operations	$	67.0		$	93.1		$	5.5		$	(6.1	)	$	(69.1	)	$	90.4
Interest expense, net																	2.7
Other income, net																	(2.4	)
Pre-tax income																$	90.1
Purchases of property, plant and equipment	$	31.8		$	7.7		$	0.1		$	0.1		$	2.3		$	42.0
Depreciation and amortization	$	31.7		$	14.5		$	0.2		$	1.0		$	2.1		$	49.5
Identifiable assets	$	700.2		$	672.3		$	127.2		$	6.2		$	73.2		$	1,579.1

	Fiscal Year Ended April 30, 2022
(in millions)	Automotive			Industrial			Interface		Medical			Eliminations/ Corporate			Consolidated
Net sales	$	786.3		$	325.7		$	59.8	$	4.2		$	(12.4	)	$	1,163.6
Transfers between segments		(4.8	)		(7.6	)		—		—			12.4			—
Net sales to unaffiliated customers	$	781.5		$	318.1		$	59.8	$	4.2		$	—		$	1,163.6
Income (loss) from operations	$	92.6		$	67.1		$	9.9	$	(5.5	)	$	(52.4	)	$	111.7
Interest expense, net																3.5
Other income, net																(10.3	)
Pre-tax income															$	118.5
Purchases of property, plant and equipment	$	27.4		$	2.4		$	—	$	0.2		$	8.0		$	38.0
Depreciation and amortization	$	34.4		$	14.9		$	0.2	$	1.0		$	2.1		$	52.6
Identifiable assets	$	689.8		$	455.3		$	108.1	$	7.9		$	128.0		$	1,389.1

	Fiscal Year Ended May 1, 2021
(in millions)	Automotive			Industrial			Interface		Medical			Eliminations/ Corporate			Consolidated
Net sales	$	761.8		$	273.2		$	61.6	$	2.8		$	(11.4	)	$	1,088.0
Transfers between segments		(6.1	)		(5.3	)		—		—			11.4			—
Net sales to unaffiliated customers	$	755.7		$	267.9		$	61.6	$	2.8		$	—		$	1,088.0
Income (loss) from operations	$	107.6		$	64.3		$	8.9	$	(4.6	)	$	(48.3	)	$	127.9
Interest expense, net																5.2
Other income, net																(12.2	)
Pre-tax income															$	134.9
Purchases of property, plant and equipment	$	22.5		$	2.1		$	—	$	—		$	0.3		$	24.9
Depreciation and amortization	$	34.3		$	14.3		$	0.3	$	0.9		$	1.7		$	51.5
Identifiable assets	$	739.5		$	461.6		$	90.4	$	7.6		$	167.9		$	1,467.0

Schedule of Geographic Financial Information

The following tables set forth net sales and tangible long-lived assets by geographic area where the Company operates. Tangible long-lived assets include property, plant and equipment and operating lease assets.

	Fiscal Year Ended
(in millions)	April 29, 2023		April 30, 2022		May 1, 2021
Net sales:
U.S.	$	472.6	$	547.4	$	510.8
China		239.9		224.3		193.7
Malta		201.2		178.4		173.5
Mexico		78.8		76.2		87.4
Egypt		72.6		67.2		58.4
Other		114.5		70.1		64.2
Total net sales	$	1,179.6	$	1,163.6	$	1,088.0
(in millions)	April 29, 2023		April 30, 2022
Tangible long-lived assets, net:
U.S.	$	75.9	$	74.2
Malta		42.1		38.6
Egypt		38.7		22.8
China		27.5		30.1
Mexico		21.7		21.0
Belgium		21.0		20.2
Other		21.8		10.1
Total tangible long-lived assets, net	$	248.7	$	217.0