EX-99.1 6 plxs-20130629x10qxex991.htm EXHIBIT 99.1 PLXS-2013.06.29-10Q-Ex.99.1


Exhibit 99.1
PLEXUS CORP.
NON-GAAP SUUPLEMENTAL INFORMATION
(in thousands, except per share data)
(unaudited)
ROIC Calculation
 
Nine Months Ended
 
Six Months Ended
 
Nine Months Ended
 
June 29, 2013
 
March 30, 2013
 
June 30, 2012
Operating income
$
69,856
 
 
$
44,672
 
 
$
76,810
 
 
/
3

 
/
2

 
/
3

 
23,285
 
 
22,336
 
 
25,603
 
 
x
4

 
x
4

 
x
4

Annualized operating income
93,140
 
 
89,344
 
 
102,413
 
Tax rate
x
8
%
 
x
8
%
 
x
9
%
Tax impact
 
7,451

 
 
7,148

 
 
9,217

Operating income (tax effected)
$
85,689
 
 
$
82,196
 
 
$
93,196
 
 
 
 
 
 
 
 
 
 
Average invested capital
$
647,971
 
 
$
645,402
 
 
$
623,320
 
ROIC
13.2
%
 
12.7
%
 
15.0
%
 
 
 
 
 
 
 
 
 
 
 
 
June 29, 2013

 
March 30, 2013

 
December 29, 2012

 
September 29, 2012

Equity
 
$
679,539

 
$
669,047

 
$
664,515

 
$
649,022

Plus:
 
 
 
 
 
 
 
 
  Debt—current
 
2,984

 
2,893

 
10,310

 
10,211

  Debt—non-current
 
258,758

 
258,789

 
259,516

 
260,211

Less:
 
 
 
 
 
 
 
 
  Cash and cash equivalents
 
(285,604
)
 
(276,507
)
 
(274,183
)
 
(297,619
)
 
 
$
655,677

 
$
654,222

 
$
660,158

 
$
621,825

 
 
 
 
 
 

 
 
 
Fiscal 2013 third quarter average invested capital (June 29, 2013, March 30, 2013, December 29, 2012 and September 29, 2012) was $647,971.
Fiscal 2013 second quarter average invested capital (March 30, 2013, December 29, 2012 and September 29, 2012) was $645,402.

 
June 30, 2012
 
March 31, 2012
 
December 31, 2011
 
October 1, 2011
Equity
$
638,573

 
$
615,296

 
$
581,811

 
$
558,882

Plus:
 
 
 
 
 
 
 
  Debt—current
13,838

 
17,518

 
17,446

 
17,350

  Debt—non-current
260,843

 
261,542

 
265,941

 
270,292

Less:
 
 
 
 
 
 
 
  Cash and cash equivalents
(277,909
)
 
(257,754
)
 
(248,284
)
 
(242,107
)
 
$
635,345

 
$
636,602

 
$
616,914

 
$
604,417

 
 
 
 
 
 
 
 
 
Fiscal 2012 third quarter average invested capital (June 30, 2012, March 31, 2012, December 31, 2011 and October 1, 2011) was $623,320.