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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Apr. 27, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II - Valuation and Qualifying Accounts

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

METHODE ELECTRONICS, INC. AND SUBSIDIARIES

(in millions)

 

Description

 

Balance at
beginning
of period

 

 

(Benefits)/
charges to
income

 

 

Deductions

 

 

 

Other

 

 

 

Balance at
end of
period

 

Fiscal Year Ended April 27, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for uncollectible accounts

 

$

1.3

 

 

$

0.3

 

 

$

(0.2

)

 

 

$

 

 

 

$

1.4

 

Deferred tax valuation allowance

 

$

6.8

 

 

$

(1.0

)

 

$

 

 

 

$

 

 

 

$

5.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended April 29, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for uncollectible accounts

 

$

1.0

 

 

$

0.3

 

 

$

 

 

 

$

 

 

 

$

1.3

 

Deferred tax valuation allowance

 

$

6.8

 

 

$

 

 

$

 

 

 

$

 

 

 

$

6.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended April 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for uncollectible accounts

 

$

0.7

 

 

$

0.3

 

 

$

 

 

 

$

 

 

 

$

1.0

 

Deferred tax valuation allowance

 

$

9.3

 

 

$

(2.5

)

 

$

 

 

 

$

 

 

 

$

6.8