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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 02, 2020
Apr. 27, 2019
CURRENT ASSETS    
Cash and Cash Equivalents $ 217.3 $ 83.2
Accounts Receivable, Less Allowance (2020 - $0.7 and 2019 - $0.9) 188.5 219.3
Inventories 131.0 116.7
Income Taxes Receivable 12.9 14.3
Prepaid Expenses and Other Current Assets 15.9 20.0
TOTAL CURRENT ASSETS 565.6 453.5
LONG-TERM ASSETS    
Property, Plant and Equipment, Net 201.9 191.9
Goodwill 231.6 233.3
Other Intangible Assets, Net 244.8 264.9
Operating Lease Assets, Net 23.5 0.0
Deferred Tax Assets 31.4 34.3
Pre-production Costs 37.1 32.8
Other Long-term Assets 34.7 21.0
TOTAL LONG-TERM ASSETS 805.0 778.2
TOTAL ASSETS 1,370.6 1,231.7
CURRENT LIABILITIES    
Accounts Payable 73.8 91.9
Accrued Employee Liabilities 19.1 20.1
Other Accrued Expenses 18.5 33.9
Short-term Operating Lease Liability 5.5 0.0
Short-term Debt 15.3 15.7
Income Tax Payable 11.6 19.3
TOTAL CURRENT LIABILITIES 143.8 180.9
LONG-TERM LIABILITIES    
Long-term Debt 336.8 276.9
Long-term Operating Lease Liability 20.4 0.0
Long-term Income Taxes Payable 29.3 33.0
Other Long-term Liabilities 15.3 14.8
Deferred Tax Liabilities 41.6 36.4
TOTAL LONG-TERM LIABILITIES 443.4 361.1
TOTAL LIABILITIES 587.2 542.0
SHAREHOLDERS’ EQUITY    
Common Stock, $0.50 par value, 100,000,000 shares authorized, 38,438,111 shares and 38,333,576 shares issued as of May 2, 2020 and April 27, 2019, respectively 19.2 19.2
Additional Paid-in Capital 150.7 150.4
Accumulated Other Comprehensive Loss (26.9) (13.6)
Treasury Stock, 1,346,624 shares as of May 2, 2020 and April 27, 2019 (11.5) (11.5)
Retained Earnings 651.9 545.2
TOTAL SHAREHOLDERS' EQUITY 783.4 689.7
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,370.6 $ 1,231.7