Company:  METHODE ELECTRONICS INC (MEI)
Form Type:  10-K
Filing Date:  6/23/2022 
CIK:  0000065270 
Address:  8750 WEST BRYN MAWR AVENUE 
City, State, Zip:  CHICAGO, Illinois 60631 
Telephone:  (708) 867-6777 
Fiscal Year:  04/30 
Last Trade
Last Trade: 
$41.64  
Change: 
0.75 (1.83%)  
Trade Time: 
Aug 10  
Market Cap: 
$1.59B
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© 2022  
Description of Business
We are a leading global supplier of custom engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer and produce mechatronic products for Original Equipment Manufacturers ("OEMs") utilizing our broad range of technologies for user interface, light-emitting diode ("LED") lighting system, power distribution and sensor applications. Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus and rail), cloud computing infrastructure, construction equipment, consumer appliance and medical devices. Fiscal Year We maintain our financial records on the basis of a 52 or 53-week fiscal year ending on the Saturday closest to April 30. Fiscal 2022 ended on April 30, 2022 and fiscal 2021 ended on May 1, 2021, which represented 52 weeks of results for each year.
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  FORM 10-K
    PART I
      Item 1. Business
      Item 1A. Risk Factors
      Item 1B. Unresolved Staff Comments
      Item 2. Properties
      Item 3. Legal Proceedings
      Item 4. Mine Safety Disclosures
        NAME AND TITLE
    PART II
      Item 5. Market for Registrant's Common Equity, Related ...
      Item 7. Management's Discussion and Analysis of Financial ...
        Consolidated Results of Operations
        Financial Condition, Liquidity and Capital Resources
      Item 7A. Quantitative and Qualitative Disclosures About ...
      Item 8. Financial Statements and Supplementary Data
      Item 9. Changes in and Disagreements with Accountants on ...
      Item 9A. Controls and Procedures
      Item 9B. Other Information
    PART III
      Item 10. Directors, Executive Officers and Corporate Governance
      Item 11. Executive Compensation
      Item 12. Security Ownership of Certain Beneficial Owners and ...
      Item 13. Certain Relationships and Related Transactions, and ...
      Item 14. Principal Accountant Fees and Services
    PART IV
      Item 15. Exhibits, Financial Statement Schedules
    EXHIBIT INDEX
    SIGNATURES
    Report of Independent Registered Public Accounting Firm
    Report of Independent Registered Public Accounting Firm
    BALANCE SHEET
    INCOME STATEMENT
    STOCKHOLDERS EQUITY
    CASH FLOW
    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
    VALUATION AND QUALIFYING ACCOUNTS
  EXHIBIT 10.27
  EXHIBIT 10.28
  EXHIBIT 21
    SUBSIDIARIES
  EXHIBIT 23
    Consent of Independent Registered Public Accounting Firm
  EXHIBIT 31.1
    CERTIFICATION
  EXHIBIT 31.2
    CERTIFICATION
  EXHIBIT 32
    CERTIFICATION PURSUANT TO