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Methode Electronics MEI Industrial — Restructuring Costs And Asset Impairment Charges
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Where this comes from
Reported directly by Methode Electronics in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCostsAndAssetImpairmentCharges.
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
| Line item | Fiscal Year Ended / May 2, 2026 | Fiscal Year Ended / May 3, 2025 | Fiscal Year Ended / April 27, 2024 |
|---|---|---|---|
| (in millions) | (52 Weeks) | (53 Weeks) | (52 Weeks) |
| Automotive | $1.8 | $0.9 | $0.7 |
| Industrial | 0.4 | 0.8 | 0.7 |
| Interface | — | — | 0.1 |
| Medical | — | — | 1.1 |
| Eliminations/Corporate | 2.8 | 1.0 | 1.1 |
| Total | $5.0 | $2.7 | $3.7 |
| Recognized in: |
Item 16. Form 10-K Summary
FAQ
- What is Methode Electronics's industrial — restructuring costs and asset impairment charges?
- Methode Electronics (MEI) reported industrial — restructuring costs and asset impairment charges of $100K in Q1 2026.
- How has Methode Electronics's industrial — restructuring costs and asset impairment charges changed year-over-year?
- Methode Electronics's industrial — restructuring costs and asset impairment charges decreased by 85.7% year-over-year, from $700K to $100K.
- What is the long-term trend for Methode Electronics's industrial — restructuring costs and asset impairment charges?
- Over 3 years (2023 to 2026), Methode Electronics's industrial — restructuring costs and asset impairment charges has grown at a -7.2% compound annual growth rate (CAGR), from $500K to $400K.
- What does industrial — restructuring costs and asset impairment charges mean?
- Captures expenses related to organizational restructuring initiatives and write-downs of asset values within the Industrial segment. High or recurring charges may indicate operational inefficiencies or a strategic shift in the segment's asset base.
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