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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 02, 2025
May 03, 2025
Current assets:    
Cash and cash equivalents $ 121.1 $ 103.6
Accounts receivable, net 215.6 241.0
Inventories 190.9 194.1
Income tax receivable 5.7 4.1
Prepaid expenses and other current assets 15.9 17.1
Total current assets 549.2 559.9
Long-term assets:    
Property, plant and equipment, net 224.5 221.6
Goodwill 173.9 172.7
Other intangible assets, net 234.9 238.4
Operating lease right-of-use assets, net 22.1 23.7
Deferred tax assets 37.8 37.8
Pre-production costs 28.7 31.7
Other long-term assets 20.2 20.0
Total long-term assets 742.1 745.9
Total assets 1,291.3 1,305.8
Current liabilities:    
Accounts payable 123.5 125.9
Accrued employee liabilities 25.9 32.0
Other accrued liabilities 45.6 50.2
Short-term operating lease liabilities 7.4 7.4
Short-term debt 0.2 0.2
Income tax payable 17.0 17.5
Total current liabilities 219.6 233.2
Long-term liabilities:    
Long-term debt 323.2 317.4
Long-term operating lease liabilities 16.8 18.2
Other long-term liabilities 16.7 16.9
Deferred tax liabilities 26.9 26.8
Total long-term liabilities 383.6 379.3
Total liabilities 603.2 612.5
Shareholders' equity:    
Common stock, $0.50 par value, 100,000,000 shares authorized, 36,563,766 shares and 37,151,365 shares issued as of August 2, 2025 and May 3, 2025, respectively 18.3 18.6
Additional paid-in capital 193.3 191.8
Accumulated other comprehensive loss (23.0) (29.8)
Treasury stock, 1,346,624 shares as of August 2, 2025 and May 3, 2025 (11.5) (11.5)
Retained earnings 511.0 524.2
Total shareholders' equity 688.1 693.3
Total liabilities and shareholders' equity $ 1,291.3 $ 1,305.8