Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PLEXUS CORP | Financial_Report.xls |
| EX-31.1 - EXHIBIT 31.1 - PLEXUS CORP | plxs-20150404x10qxex311.htm |
| EX-31.2 - EXHIBIT 31.2 - PLEXUS CORP | plxs-20150404x10qxex312.htm |
| EX-32.2 - EXHIBIT 32.2 - PLEXUS CORP | plxs-20150404x10qxex322.htm |
| EX-32.1 - EXHIBIT 32.1 - PLEXUS CORP | plxs-20150404x10qxex321.htm |
| 10-Q - 10-Q - PLEXUS CORP | plxs-20150404x10q.htm |
Exhibit 99.1
PLEXUS CORP.
NON-GAAP SUUPLEMENTAL INFORMATION
(in thousands, except per share data)
(unaudited)
Return on Invested Capital ("ROIC") and Economic Return Calculations
Six Months Ended | Three Months Ended | Six Months Ended | ||||||||||||
April 4, 2015 | January 3, 2015 | March 29, 2014 | ||||||||||||
Operating income | $ | 58,234 | $ | 28,783 | $ | 40,761 | ||||||||
Restructuring charges | 1,691 | 1,691 | 9,650 | |||||||||||
Adjusted operating income | $ | 59,925 | $ | 30,474 | $ | 50,411 | ||||||||
x | 2 | x | 4 | x | 2 | |||||||||
Annualized operating income | 119,850 | 121,896 | 100,822 | |||||||||||
Tax rate | x | 10 | % | x | 10 | % | x | 9 | % | |||||
Tax impact | 11,985 | 12,190 | 9,074 | |||||||||||
Operating income (tax effected) | $ | 107,865 | $ | 109,706 | $ | 91,748 | ||||||||
Average invested capital | $ | 745,441 | $ | 759,676 | $ | 650,061 | ||||||||
ROIC | 14.5 | % | 14.4 | % | 14.1 | % | ||||||||
Weighted average cost of capital ("WACC") | 11.0 | % | 11.0 | % | 11.0 | % | ||||||||
Economic return | 3.5 | % | 3.4 | % | 3.1 | % | ||||||||
April 4, | January 3, | September 27, | ||||||||||||||||
2015 | 2015 | 2014 | ||||||||||||||||
Equity | $ | 808,468 | $ | 792,298 | $ | 781,133 | ||||||||||||
Plus: | ||||||||||||||||||
Debt—current | 4,774 | 4,793 | 4,368 | |||||||||||||||
Debt—non-current | 260,025 | 260,990 | 262,046 | |||||||||||||||
Less: | ||||||||||||||||||
Cash and cash equivalents | (356,296 | ) | (239,685 | ) | (346,591 | ) | ||||||||||||
$ | 716,971 | $ | 818,396 | $ | 700,956 | |||||||||||||
Second quarter fiscal 2015 average invested capital (April 4, 2015, January 3, 2015 and September 27, 2014) was $745,441. First quarter fiscal 2015 average invested capital (January 3, 2015 and September 27, 2014) was $759,676.
March 29, | December 28, | September 28, | ||||||||||
2014 | 2013 | 2013 | ||||||||||
Equity | $ | 736,493 | $ | 722,021 | $ | 699,301 | ||||||
Plus: | ||||||||||||
Debt—current | 3,901 | 3,796 | 3,574 | |||||||||
Debt—non-current | 256,090 | 256,949 | 257,773 | |||||||||
Less: | ||||||||||||
Cash and cash equivalents | (323,695 | ) | (324,156 | ) | (341,865 | ) | ||||||
$ | 672,789 | $ | 658,610 | $ | 618,783 | |||||||
Second quarter fiscal 2014 average invested capital (March 29, 2014, December 28, 2013 and September 28, 2013) was $650,061.