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Methode Electronics MEI Industrial — Goodwill Foreign Currency Translation Gain Loss
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Where this comes from
Reported directly by Methode Electronics in its filing.
Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.
The source filing: Methode Electronics’s 10-Q, filed March 5, 2026.
- Filed
- Mar 5, 2026, 4:44 PM EST
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000065270-26-000007
| (in millions) | Automotive | Industrial | Total |
|---|---|---|---|
| Net Goodwill Balance as of May 3, 2025 | — | $172.7 | $172.7 |
| Gross Goodwill Balance as of May 3, 2025 | 105.9 | 172.7 | 278.6 |
| Foreign Currency Translation | — | 2.8 | 2.8 |
| Gross Goodwill Balance as of January 31, 2026 | 105.9 | 175.5 | 281.4 |
| Accumulated impairment | (105.9) | — | (105.9) |
| Net Goodwill Balance as of January 31, 2026 | — | $175.5 | $175.5 |
Item 1. Financial Statements
FAQ
- What is Methode Electronics's industrial — goodwill foreign currency translation gain loss?
- Methode Electronics (MEI) reported industrial — goodwill foreign currency translation gain loss of $2.1M in Q4 2025.
- How has Methode Electronics's industrial — goodwill foreign currency translation gain loss changed year-over-year?
- Methode Electronics's industrial — goodwill foreign currency translation gain loss increased by 200.0% year-over-year, from $700K to $2.1M.
- What does industrial — goodwill foreign currency translation gain loss mean?
- The impact of fluctuations in foreign exchange rates on the valuation of goodwill denominated in currencies other than the reporting currency for the Industrial segment. It highlights the segment's exposure to international market volatility.
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