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Methode Electronics MEI Industrial — Depreciation
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Where this comes from
Reported directly by Methode Electronics in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
The source filing: Methode Electronics’s 10-K, filed June 24, 2026.
- Filed
- Jun 24, 2026, 4:21 PM EDT
- Fiscal year
- FY2026
- Accession
- 0000065270-26-000031
| (in millions) | Automotive | Industrial | Interface | Medical | Eliminations/Corporate | Consolidated |
|---|---|---|---|---|---|---|
| Selling and administrative expenses | 50.1 | 37.5 | 1.5 | — | 81.2 | 170.3 |
| Amortization of intangibles | 7.8 | 15.3 | — | — | — | 23.1 |
| Income (loss) from operations | $(30.1) | $114.6 | $5.0 | — | $(80.7) | $8.8 |
| Interest expense, net | 23.3 | |||||
| Other expense (income), net | (3.8) | |||||
| Pre-tax income (loss) | $(10.7) | |||||
| Purchases of property, plant and equipment | $17.0 | $3.7 | — | — | $1.7 | $22.4 |
| Depreciation expense | $23.8 | $10.6 | $0.2 | — | $1.1 | $35.7 |
Item 16. Form 10-K Summary
FAQ
- What is Methode Electronics's industrial — depreciation?
- Methode Electronics (MEI) reported industrial — depreciation of $2.65M in Q1 2026.
- How has Methode Electronics's industrial — depreciation changed year-over-year?
- Methode Electronics's industrial — depreciation increased by 20.5% year-over-year, from $2.2M to $2.65M.
- What is the long-term trend for Methode Electronics's industrial — depreciation?
- Over 4 years (2022 to 2026), Methode Electronics's industrial — depreciation has grown at a -8.2% compound annual growth rate (CAGR), from $14.9M to $10.6M.
- What does industrial — depreciation mean?
- Reflects the periodic allocation of the cost of tangible fixed assets, such as machinery and equipment, used by the Industrial segment over their useful lives. This non-cash charge accounts for the wear and tear of physical assets required to produce segment revenue. It is a critical component for assessing the segment's capital intensity and asset replacement cycle.
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