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Revenue (Tables)
 12 Months Ended
Apr. 27, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregated Revenue Information

The following table represents a disaggregation of revenue from contracts with customers by segment and geographical location. Net sales are attributed to regions based on the location of production. Though revenue recognition patterns and contracts are generally consistent, the amount, timing and uncertainty of revenue and cash flows may vary in each reportable segment due to geographic and economic factors.

 

 

Fiscal Year Ended April 27, 2024

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Total

 

Geographic net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

265.6

 

 

$

186.2

 

 

$

53.8

 

 

$

2.3

 

 

$

507.9

 

Europe, the Middle East & Africa ("EMEA")

 

 

216.2

 

 

 

174.2

 

 

 

—

 

 

 

—

 

 

 

390.4

 

Asia

 

 

116.4

 

 

 

99.7

 

 

 

—

 

 

 

0.1

 

 

 

216.2

 

Total net sales

 

$

598.2

 

 

$

460.1

 

 

$

53.8

 

 

$

2.4

 

 

$

1,114.5

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goods transferred at a point in time

 

$

583.4

 

 

$

460.1

 

 

$

53.8

 

 

$

2.4

 

 

$

1,099.7

 

Goods transferred over time

 

 

14.8

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

14.8

 

Total net sales

 

$

598.2

 

 

$

460.1

 

 

$

53.8

 

 

$

2.4

 

 

$

1,114.5

 

 

 

 

Fiscal Year Ended April 29, 2023

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Total

 

Geographic net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

349.0

 

 

$

160.5

 

 

$

54.7

 

 

$

3.6

 

 

$

567.8

 

EMEA

 

 

231.2

 

 

 

139.9

 

 

 

—

 

 

 

—

 

 

 

371.1

 

Asia

 

 

156.0

 

 

 

84.5

 

 

 

0.2

 

 

 

—

 

 

 

240.7

 

Total net sales

 

$

736.2

 

 

$

384.9

 

 

$

54.9

 

 

$

3.6

 

 

$

1,179.6

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goods transferred at a point in time

 

$

717.4

 

 

$

384.9

 

 

$

54.9

 

 

$

3.6

 

 

$

1,160.8

 

Goods transferred over time

 

 

18.8

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

18.8

 

Total net sales

 

$

736.2

 

 

$

384.9

 

 

$

54.9

 

 

$

3.6

 

 

$

1,179.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended April 30, 2022

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Medical

 

 

Total

 

Geographic net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

400.9

 

 

$

177.2

 

 

$

59.3

 

 

$

4.1

 

 

$

641.5

 

EMEA

 

 

216.5

 

 

 

80.8

 

 

 

—

 

 

 

—

 

 

 

297.3

 

Asia

 

 

164.1

 

 

 

60.1

 

 

 

0.5

 

 

 

0.1

 

 

 

224.8

 

Total net sales

 

$

781.5

 

 

$

318.1

 

 

$

59.8

 

 

$

4.2

 

 

$

1,163.6

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goods transferred at a point in time

 

$

758.4

 

 

$

318.1

 

 

$

59.8

 

 

$

4.2

 

 

$

1,140.5

 

Goods transferred over time

 

 

23.1

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

23.1

 

Total net sales

 

$

781.5

 

 

$

318.1

 

 

$

59.8

 

 

$

4.2

 

 

$

1,163.6