CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 02, 2024	Apr. 27, 2024
Current assets:
Cash and cash equivalents	$ 97.0	$ 161.5
Accounts receivable, net	255.9	262.6
Inventories	228.2	186.2
Income tax receivable	4.9	4.0
Prepaid expenses and other current assets	24.2	18.7
Assets held for sale	2.7	4.7
Total current assets	612.9	637.7
Long-term assets:
Property, plant and equipment, net	217.2	212.1
Goodwill	170.4	169.9
Other intangible assets, net	246.0	256.7
Operating lease right-of-use assets, net	27.2	26.7
Deferred tax assets	35.7	34.7
Pre-production costs	43.8	44.1
Other long-term assets	21.9	21.6
Total long-term assets	762.2	765.8
Total assets	1,375.1	1,403.5
Current liabilities:
Accounts payable	129.8	132.4
Accrued employee liabilities	31.5	38.0
Other accrued liabilities	45.4	46.0
Short-term operating lease liabilities	7.6	6.7
Short-term debt	0.2	0.2
Income tax payable	8.1	8.1
Total current liabilities	222.6	231.4
Long-term liabilities:
Long-term debt	340.4	330.7
Long-term operating lease liabilities	21.5	20.6
Long-term income tax payable		9.3
Other long-term liabilities	21.4	16.8
Deferred tax liabilities	30.9	28.7
Total long-term liabilities	414.2	406.1
Total liabilities	636.8	637.5
Shareholders' equity:
Common stock, $0.50 par value, 100,000,000 shares authorized, 36,621,507 shares and 36,650,909 shares issued as of November 2, 2024 and April 27, 2024, respectively	18.3	18.3
Additional paid-in capital	188.6	183.6
Accumulated other comprehensive loss	(37.7)	(36.7)
Treasury stock, 1,346,624 shares as of November 2, 2024 and April 27, 2024	(11.5)	(11.5)
Retained earnings	580.6	612.3
Total shareholders' equity	738.3	766.0
Total liabilities and shareholders' equity	$ 1,375.1	$ 1,403.5