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Segment Information (Tables)
3 Months Ended
Aug. 02, 2025
Segment Reporting [Abstract]  
Schedule of Reportable Segments

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

 

 

Three Months Ended August 2, 2025 (13 Weeks)

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Eliminations/
Corporate

 

 

Consolidated

 

Net sales

 

$

110.9

 

 

$

133.5

 

 

$

10.9

 

 

$

(14.8

)

 

$

240.5

 

Transfers between segments

 

 

(4.8

)

 

 

(10.0

)

 

 

 

 

 

14.8

 

 

 

 

Net sales to unaffiliated customers

 

 

106.1

 

 

 

123.5

 

 

 

10.9

 

 

 

 

 

 

240.5

 

Cost of products sold

 

 

106.0

 

 

 

83.8

 

 

 

7.5

 

 

 

(0.3

)

 

 

197.0

 

Selling and administrative expenses

 

 

10.6

 

 

 

9.4

 

 

 

0.4

 

 

 

16.2

 

 

 

36.6

 

Amortization of intangibles

 

 

2.0

 

 

 

3.8

 

 

 

 

 

 

 

 

 

5.8

 

Income (loss) from operations

 

$

(12.5

)

 

$

26.5

 

 

$

3.0

 

 

$

(15.9

)

 

$

1.1

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.9

 

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.3

 

Pre-tax loss

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(6.1

)

 

 

 

 

Three Months Ended July 27, 2024 (13 Weeks)

 

(in millions)

 

Automotive

 

 

Industrial

 

 

Interface

 

 

Eliminations
/Corporate

 

 

Consolidated

 

Net sales

 

$

136.7

 

 

$

117.1

 

 

$

12.2

 

 

$

(7.5

)

 

$

258.5

 

Transfers between segments

 

 

(1.9

)

 

 

(5.6

)

 

 

 

 

 

7.5

 

 

 

 

Net sales to unaffiliated customers

 

 

134.8

 

 

 

111.5

 

 

 

12.2

 

 

 

 

 

 

258.5

 

Cost of products sold

 

 

126.2

 

 

 

78.7

 

 

 

9.6

 

 

 

(0.6

)

 

 

213.9

 

Selling and administrative expenses

 

 

12.0

 

 

 

12.3

 

 

 

0.7

 

 

 

21.2

 

 

 

46.2

 

Amortization of intangibles

 

 

2.3

 

 

 

3.6

 

 

 

 

 

 

 

 

 

5.9

 

Income (loss) from operations

 

$

(5.7

)

 

$

16.9

 

 

$

1.9

 

 

$

(20.6

)

 

$

(7.5

)

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.8

 

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.8

 

Pre-tax loss

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(13.1

)

 

(in millions)

 

August 2, 2025

 

 

May 3, 2025

 

Identifiable assets:

 

 

 

 

 

 

Automotive

 

$

555.8

 

 

$

596.0

 

Industrial

 

 

597.5

 

 

 

594.6

 

Interface

 

 

65.8

 

 

 

62.4

 

Eliminations/Corporate

 

 

72.2

 

 

 

52.8

 

Total identifiable assets

 

$

1,291.3

 

 

$

1,305.8