Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - PLEXUS CORP | plxs-2016x10qxq1xex321.htm |
| EX-31.2 - EXHIBIT 31.2 - PLEXUS CORP | plxs-2016x10qxq1xex312.htm |
| EX-32.2 - EXHIBIT 32.2 - PLEXUS CORP | plxs-2016x10qxq1xex322.htm |
| EX-31.1 - EXHIBIT 31.1 - PLEXUS CORP | plxs-2016x10qxq1xex311.htm |
| 10-Q - 10-Q - PLEXUS CORP | plxs-20160102x10q.htm |
Exhibit 99.1
PLEXUS CORP.
NON-GAAP SUPPLEMENTAL INFORMATION
(in thousands, except per share data)
(unaudited)
Return on Invested Capital ("ROIC") and Economic Return Calculations
Three Months Ended | Twelve Months Ended | Three Months Ended | ||||||||||||
January 2, 2016 | October 3, 2015 | January 3, 2015 | ||||||||||||
Operating income | $ | 21,524 | $ | 115,436 | $ | 28,783 | ||||||||
Restructuring charges | 1,507 | 1,691 | 1,691 | |||||||||||
Adjusted operating income | $ | 23,031 | $ | 117,127 | $ | 30,474 | ||||||||
x | 4 | x | 1 | x | 4 | |||||||||
Annualized operating income | $ | 92,124 | 117,127 | $ | 121,896 | |||||||||
Tax rate | x | 12 | % | x | 11 | % | x | 10 | % | |||||
Tax impact | 11,055 | 12,884 | 12,190 | |||||||||||
Operating income (tax effected) | $ | 81,069 | $ | 104,243 | $ | 109,706 | ||||||||
Average invested capital | $ | 753,078 | $ | 745,611 | $ | 759,676 | ||||||||
ROIC | 10.8 | % | 14.0 | % | 14.4 | % | ||||||||
Weighted average cost of capital ("WACC") | 11.0 | % | 11.0 | % | 11.0 | % | ||||||||
Economic return | (0.2 | )% | 3.0 | % | 3.4 | % | ||||||||
January 2, | October 3, | July 4, | April 4, | January 3, | September 27, | |||||||||||||||||||
2016 | 2015 | 2015 | 2015 | 2015 | 2014 | |||||||||||||||||||
Equity | $ | 850,794 | $ | 842,272 | $ | 835,063 | $ | 808,468 | $ | 792,298 | $ | 781,133 | ||||||||||||
Plus: | ||||||||||||||||||||||||
Debt—current | 2,864 | 3,513 | 4,281 | 4,774 | 4,793 | 4,368 | ||||||||||||||||||
Debt—non-current | 259,289 | 259,257 | 259,284 | 260,025 | 260,990 | 262,046 | ||||||||||||||||||
Less: | ||||||||||||||||||||||||
Cash and cash equivalents | (354,728 | ) | (357,106 | ) | (354,830 | ) | (356,296 | ) | (239,685 | ) | (346,591 | ) | ||||||||||||
$ | 758,219 | $ | 747,936 | $ | 743,798 | $ | 716,971 | $ | 818,396 | $ | 700,956 | |||||||||||||
During the first quarter of fiscal 2016 average invested capital (January 2, 2016 and October 3, 2015) was $753,078. First quarter fiscal 2015 average invested capital (January 3, 2015 and September 27, 2014) was $759,676.