PLEXUS CORP - FORM 10-Q - EX-99.1 - May 3, 2012

Attached files

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EXCEL - IDEA: XBRL DOCUMENT - PLEXUS CORPFinancial_Report.xls
10-Q - 10-Q - PLEXUS CORPd343082d10q.htm
EX-32.2 - EX-32.2 - PLEXUS CORPd343082dex322.htm
EX-31.2 - EX-31.2 - PLEXUS CORPd343082dex312.htm
EX-32.1 - EX-32.1 - PLEXUS CORPd343082dex321.htm
EX-31.1 - EX-31.1 - PLEXUS CORPd343082dex311.htm

Exhibit 99.1

PLEXUS CORP.

NON-GAAP SUPPLEMENTAL INFORMATION

(in thousands, except per share data)

(unaudited)

 

ROIC Calculation    Six Months
Ended
March 31, 2012		     Three Months
Ended
December 31, 2011		     Six Months
Ended
April 2, 2011		  

Operating income

    $ 49,530      $ 23,762      $ 54,259   
   x 2      x 4      x 2   
  

 

 

    

 

 

    

 

 

  

Annualized operating income

      99,060        95,048        108,518   

Tax rate

    x 10 %    x 9 %    x 3 % 
  

 

 

    

 

 

    

 

 

  

Tax impact

    - 9,906      - 8,554      - 3,256   
  

 

 

    

 

 

    

 

 

  

Operating income (tax effected)

    $ 89,154      $ 86,494      $ 105,262   
  

 

 

    

 

 

    

 

 

  

Average invested capital

    $ 619,311      $ 610,666      $ 625,945   

ROIC

      14.4 %      14.2 %      16.8 % 
  

 

 

    

 

 

    

 

 

  

 

     March 31, 2012     December 31, 2011     October 1, 2011  

Equity

    $ 615,296      $ 581,811      $ 558,882   

Plus:

       

Debt— current

      17,518        17,446        17,350   

Debt—non-current

      261,542        265,941        270,292   

Less:

       

Cash and cash equivalents

      (257,754 )      (248,284 )      (242,107 ) 
  

 

 

    

 

 

    

 

 

  
   $ 636,602      $ 616,914      $ 604,417   
  

 

 

    

 

 

    

 

 

  

Fiscal 2012 second quarter average invested capital (March 31, 2012, December 31, 2011, October 1, 2011) was $619,311.

Fiscal 2012 first quarter average invested capital (December 31, 2011, October 1, 2011) was $610,666.

 

     April 2, 2011     January 1, 2011     October 2, 2010  

Equity

    $ 630,403      $ 680,474      $ 651,855   

Plus:

       

Debt— current

      17,119        17,052        17,409   

Debt—non-current

      103,961        108,220        112,466   

Less:

       

Cash and cash equivalents

      (123,381 )      (149,498 )      (188,244 ) 
  

 

 

    

 

 

    

 

 

  
   $ 628,102      $ 656,248      $ 593,486   
  

 

 

    

 

 

    

 

 

  

Fiscal 2011 second quarter average invested capital (April 2, 2011, January 1, 2011, October 2, 2010) was $625,945.

PLEXUS CORP Reports