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EX-32.1 - EXHIBIT 32.1 - PLEXUS CORPplxs-2016x10qxq3xex321.htm
10-Q - 10-Q - PLEXUS CORPplxs-20160702x10q.htm
EX-32.2 - EXHIBIT 32.2 - PLEXUS CORPplxs-2016x10qxq3xex322.htm
EX-31.2 - EXHIBIT 31.2 - PLEXUS CORPplxs-2016x10qxq3xex312.htm
EX-31.1 - EXHIBIT 31.1 - PLEXUS CORPplxs-2016x10qxq3xex311.htm
EX-10.3 - EXHIBIT 10.3 - PLEXUS CORPplxs-2016x10qxq3xex103.htm
EX-10.2 - EXHIBIT 10.2 - PLEXUS CORPplxs-2016x10qxq3xex102.htm
EX-10.1 - EXHIBIT 10.1 - PLEXUS CORPplxs-2016x10qxq3xex101.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
 
Nine Months Ended
 
Six Months Ended
 
Nine Months Ended
 
July 2, 2016
 
April 2, 2016
 
July 4, 2015
Operating profit, as reported
$
75,788
 
 
$
44,870
 
 
$
86,865
 
Restructuring charges, as reported
5,229
 
 
3,424
 
 
1,691
 
Adjusted operating profit
$
81,017

 
$
48,294

 
$
88,556

 
÷
3

 
 
 
 
÷
3

 
$
27,006

 
 

 
$
29,519

 
x
4

 
x
2

 
x
4

Annualized adjusted operating profit
$
108,024

 

96,588

 
$
118,076

Tax rate
x
11
%
 
x
11
%
 
x
11
%
Tax impact

11,883

 
 
10,625

 
 
12,988

Adjusted operating profit (tax effected)
$
96,141

 
$
85,963

 
$
105,088

 
 
 
 
 
 
 
 
 
Average invested capital
$
738,397
 
 
$
743,112
 
 
$
745,030
 
 
 
 
 
 
 
ROIC
13.0
%
 
11.6
%
 
14.1
%
Weighted average cost of capital ("WACC")
11.0
%
 
11.0
%
 
11.0
%
Economic return
2.0
%
 
0.6
%
 
3.1
%

 
July 2,
 
April 2,
 
January 2,
 
October 3,
 
2016
 
2016
 
2016
 
2015
Equity
$
895,175

 
$
871,111

 
$
850,794

 
$
842,272

Plus:
 
 
 
 
 
 
 
  Debt—current
78,279

 
2,300

 
2,864

 
3,513

  Debt—long-term
184,479

 
259,565

 
259,289

 
259,257

Less:
 
 
 
 
 
 
 
  Cash and cash equivalents
(433,679
)
 
(409,796
)
 
(354,728
)
 
(357,106
)
Average invested capital
$
724,254

 
$
723,180

 
$
758,219

 
$
747,936


 
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—long-term
259,284

 
260,025

 
260,990

 
262,046

Less:
 
 
 
 
 
 
 
  Cash and cash equivalents
(354,830
)
 
(356,296
)
 
(239,685
)
 
(346,591
)
Average invested capital
$
743,798

 
$
716,971

 
$
818,396

 
$
700,956

 
During the third quarter of fiscal 2016 average invested capital (July 2, 2016, April 2, 2016, January 2, 2016 and October 3, 2015) was $738,397. Third quarter fiscal 2015 average invested capital (July 4, 2015, April 4, 2015, January 3, 2015 and September 27, 2014) was $745,030.