Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - PLEXUS CORP | plxs-412017x10q.htm |
| EX-32.2 - EXHIBIT 32.2 - PLEXUS CORP | plxs-2017x10qxq2xex322.htm |
| EX-32.1 - EXHIBIT 32.1 - PLEXUS CORP | plxs-2017x10qxq2xex321.htm |
| EX-31.2 - EXHIBIT 31.2 - PLEXUS CORP | plxs-2017x10qxq2xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - PLEXUS CORP | plxs-2017x10qxq2xex311.htm |
| EX-10.3 - EXHIBIT 10.3 - PLEXUS CORP | plxs-2017x10qxq2xex103.htm |
| EX-10.2 - EXHIBIT 10.2 - PLEXUS CORP | plxs-2017x10qxq2xex102.htm |
| EX-10.1 - EXHIBIT 10.1 - PLEXUS CORP | plxs-2017x10qxq2xex101.htm |
Exhibit 99.1
PLEXUS CORP.
NON-GAAP SUPPLEMENTAL INFORMATION
(in thousands)
(unaudited)
Return on Invested Capital ("ROIC") and Economic Return Calculations
Six Months Ended | Six Months Ended | ||||||||
April 1, 2017 | April 2, 2016 | ||||||||
Operating income, as reported | $ | 66,474 | $ | 44,870 | |||||
Restructuring and other charges | — | 3,424 | |||||||
Adjusted operating income | $ | 66,474 | $ | 48,294 | |||||
x | 2 | x | 2 | ||||||
Annualized adjusted operating income | $ | 132,948 | $ | 96,588 | |||||
Tax rate | x | 9 | % | x | 11 | % | |||
Tax impact | 11,965 | 10,625 | |||||||
Adjusted operating income (tax effected) | $ | 120,983 | $ | 85,963 | |||||
Average invested capital | $ | 718,524 | $ | 743,112 | |||||
ROIC | 16.8 | % | 11.6 | % | |||||
Weighted average cost of capital ("WACC") | 10.5 | % | 11.0 | % | |||||
Economic return | 6.3 | % | 0.6 | % | |||||
Apr 1, | Dec 31, | Oct 1, | Jul 2, | Apr 2, | Jan 2, | Oct 3, | |||||||||||||||||||||
Average Invested Capital | 2017 | 2016 | 2016 | 2016 | 2016 | 2016 | 2015 | ||||||||||||||||||||
Equity | $ | 961,438 | $ | 927,542 | $ | 916,797 | $ | 895,175 | $ | 871,111 | $ | 850,794 | $ | 842,272 | |||||||||||||
Plus: | |||||||||||||||||||||||||||
Debt—current | 92,623 | 78,879 | 78,507 | 78,279 | 2,300 | 2,864 | 3,513 | ||||||||||||||||||||
Debt—long-term | 185,638 | 184,136 | 184,002 | 184,479 | 259,565 | 259,289 | 259,257 | ||||||||||||||||||||
Less: | |||||||||||||||||||||||||||
Cash and cash equivalents | (524,520 | ) | (496,505 | ) | (432,964 | ) | (433,679 | ) | (409,796 | ) | (354,728 | ) | (357,106 | ) | |||||||||||||
Invested capital | $ | 715,179 | $ | 694,052 | $ | 746,342 | $ | 724,254 | $ | 723,180 | $ | 758,219 | $ | 747,936 | |||||||||||||
During the second quarter of fiscal 2017 average invested capital (April 1, 2017, December 31, 2016 and October 1, 2016) was $718,524. Second quarter fiscal 2016 average invested capital (April 2, 2016, January 2, 2016 and October 3, 2015) was $743,112.