Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - PLEXUS CORP | plxs-20150704x10qxex312.htm |
| EX-32.1 - EXHIBIT 32.1 - PLEXUS CORP | plxs-20150704x10qxex321.htm |
| EX-32.2 - EXHIBIT 32.2 - PLEXUS CORP | plxs-20150704x10qxex322.htm |
| EX-31.1 - EXHIBIT 31.1 - PLEXUS CORP | plxs-20150704x10qxex311.htm |
| 10-Q - 10-Q - PLEXUS CORP | plxs-20150704x10q.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
Nine Months Ended | Six Months Ended | Nine Months Ended | ||||||||||||
July 4, 2015 | April 4, 2015 | June 28, 2014 | ||||||||||||
Operating income | $ | 86,865 | $ | 58,234 | $ | 68,959 | ||||||||
Restructuring charges | 1,691 | 1,691 | 10,865 | |||||||||||
Adjusted operating income | $ | 88,556 | $ | 59,925 | $ | 79,824 | ||||||||
÷ | 3 | ÷ | 3 | |||||||||||
$ | 29,519 | $ | 26,608 | |||||||||||
x | 4 | x | 2 | x | 4 | |||||||||
Annualized operating income | $ | 118,076 | 119,850 | $ | 106,432 | |||||||||
Tax rate | x | 11 | % | x | 10 | % | x | 9 | % | |||||
Tax impact | 12,988 | 11,985 | 9,579 | |||||||||||
Operating income (tax effected) | $ | 105,088 | $ | 107,865 | $ | 96,853 | ||||||||
Average invested capital | $ | 745,030 | $ | 745,441 | $ | 661,835 | ||||||||
ROIC | 14.1 | % | 14.5 | % | 14.6 | % | ||||||||
Weighted average cost of capital ("WACC") | 11.0 | % | 11.0 | % | 11.0 | % | ||||||||
Economic return | 3.1 | % | 3.5 | % | 3.6 | % | ||||||||
July 4, | April 4, | January 3, | September 27, | |||||||||||||||||
2015 | 2015 | 2015 | 2014 | |||||||||||||||||
Equity | $ | 835,063 | $ | 808,468 | $ | 792,298 | $ | 781,133 | ||||||||||||
Plus: | ||||||||||||||||||||
Debt—current | 4,281 | 4,774 | 4,793 | 4,368 | ||||||||||||||||
Debt—non-current | 259,284 | 260,025 | 260,990 | 262,046 | ||||||||||||||||
Less: | ||||||||||||||||||||
Cash and cash equivalents | (354,830 | ) | (356,296 | ) | (239,685 | ) | (346,591 | ) | ||||||||||||
$ | 743,798 | $ | 716,971 | $ | 818,396 | $ | 700,956 | |||||||||||||
Third quarter fiscal 2015 average invested capital (July 4, 2015, April 4, 2015, January 3, 2015 and September 27, 2014) was $745,030. Second quarter fiscal 2015 average invested capital (April 4, 2015, January 3, 2015 and September 27, 2014) was $745,441.
June 28 | March 29, | December 28, | September 28, | |||||||||||||||
2014 | 2014 | 2013 | 2013 | |||||||||||||||
Equity | $ | 760,184 | $ | 736,493 | $ | 722,021 | $ | 699,301 | ||||||||||
Plus: | ||||||||||||||||||
Debt—current | 4,232 | 3,901 | 3,796 | 3,574 | ||||||||||||||
Debt—non-current | 263,056 | 256,090 | 256,949 | 257,773 | ||||||||||||||
Less: | ||||||||||||||||||
Cash and cash equivalents | (330,314 | ) | (323,695 | ) | (324,156 | ) | (341,865 | ) | ||||||||||
$ | 697,158 | $ | 672,789 | $ | 658,610 | $ | 618,783 | |||||||||||
Third quarter fiscal 2014 average invested capital (June 28, 2014, March 29, 2014, December 28, 2013, and September 28, 2013) was $661,835.