Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 - PLEXUS CORP | plxs201810-qq3exhibit101.htm |
| EX-32.2 - EXHIBIT 32.2 - PLEXUS CORP | plxs201810-qq3exhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - PLEXUS CORP | plxs201810-qq3exhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - PLEXUS CORP | plxs201810-qq3exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - PLEXUS CORP | plxs201810-qq3exhibit311.htm |
| 10-Q - 10-Q - PLEXUS CORP | plxsf1810-qq3.htm |
Exhibit 99.1 | ||||||||||||||
Return on Invested Capital ("ROIC") and Economic Return Calculations (dollars in thousands): | ||||||||||||||
Nine Months Ended | Six Months Ended | Nine Months Ended | ||||||||||||
June 30, 2018 | Mar 31, 2018 | July 1, 2017 | ||||||||||||
Operating income, as reported | $ | 81,318 | $ | 48,872 | $ | 95,943 | ||||||||
One-time employee bonus | + | 13,512 | + | 13,512 | + | — | ||||||||
Adjusted operating income | 94,830 | 62,384 | 95,943 | |||||||||||
÷ | 3 | ÷ | 3 | |||||||||||
31,610 | 31,981 | |||||||||||||
x | 4 | x | 2 | x | 4 | |||||||||
Adjusted annualized operating income | 126,440 | $ | 124,768 | $ | 127,924 | |||||||||
Adjusted effective tax rate | 10 | % | x | 11 | % | x | 8 | % | ||||||
Tax impact | 12,644 | 13,724 | 10,234 | |||||||||||
Adjusted operating income (tax effected) | $ | 113,796 | $ | 111,044 | $ | 117,690 | ||||||||
Average invested capital | $ | 716,374 | $ | 709,764 | $ | 730,286 | ||||||||
ROIC | 15.9 | % | 15.6 | % | 16.1 | % | ||||||||
WACC | (9.5 | )% | (9.5 | )% | (10.5 | )% | ||||||||
Economic Return | 6.4 | % | 6.1 | % | 5.6 | % | ||||||||
Average Invested Capital | Three Months Ended | ||||||||||||||
Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sept 30, 2017 | ||||||||||||
Equity | $ | 882,360 | $ | 920,503 | $ | 933,849 | $ | 1,025,939 | |||||||
Plus: | |||||||||||||||
Debt - current | 6,365 | 180,772 | 179,881 | 286,934 | |||||||||||
Debt - non-current | 180,204 | 27,217 | 26,047 | 26,173 | |||||||||||
Less: | |||||||||||||||
Cash and cash equivalents | (332,723 | ) | (402,470 | ) | (506,694 | ) | (568,860 | ) | |||||||
$ | 736,206 | $ | 726,022 | $ | 633,083 | $ | 770,186 | ||||||||
Average Invested Capital | Three Months Ended | ||||||||||||||
Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 1, 2016 | ||||||||||||
Equity | $ | 991,306 | $ | 961,438 | $ | 927,542 | $ | 916,797 | |||||||
Plus: | |||||||||||||||
Debt - current | 267,297 | 92,623 | 78,879 | 78,507 | |||||||||||
Debt - non-current | 26,138 | 185,638 | 184,136 | 184,002 | |||||||||||
Less: | |||||||||||||||
Cash and cash equivalents | (519,172 | ) | (524,520 | ) | (496,505 | ) | (432,964 | ) | |||||||
$ | 765,569 | $ | 715,179 | $ | 694,052 | $ | 746,342 | ||||||||