XML 79 R31.htm IDEA: XBRL DOCUMENT v3.19.3
EARNINGS (LOSSES) PER SHARE (Tables)
6 Months Ended
Sep. 27, 2019
Earnings Per Share [Abstract]  
Schedule of basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share
The following table reflects basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share attributable to the shareholders of Flex: 
 
Three-Month Periods Ended
 
Six-Month Periods Ended
 
September 27, 2019
 
September 28, 2018
 
September 27, 2019
 
September 28, 2018
 
(In thousands, except per share amounts)
Basic earnings (losses) per share:


 


 


 


Net income (loss)
$
(116,940
)
 
$
86,885

 
$
(72,068
)
 
$
202,920

Shares used in computation:


 


 
 

 
 

Weighted-average ordinary shares outstanding
512,692

 
531,503

 
513,448

 
530,426

Basic earnings (losses) per share
$
(0.23
)
 
$
0.16

 
$
(0.14
)
 
$
0.38




 


 


 


Diluted earnings (losses) per share:
 

 
 

 
 

 
 

Net income (loss)
$
(116,940
)
 
$
86,885

 
$
(72,068
)
 
$
202,920

Shares used in computation:
 

 
 

 
 

 
 

Weighted-average ordinary shares outstanding
512,692

 
531,503

 
513,448

 
530,426

Weighted-average ordinary share equivalents from stock options and restricted share unit awards (1) (2) (3)

 
2,955

 

 
4,601

Weighted-average ordinary shares and ordinary share equivalents outstanding
512,692

 
534,458

 
513,448

 
535,027

Diluted earnings (losses) per share
$
(0.23
)
 
$
0.16

 
$
(0.14
)
 
$
0.38

____________________________________________________________
(1)
As a result of the Company's net loss, ordinary shares equivalent from stock options and RSU awards of approximately 2.6 million for the three-month period ended September 27, 2019, and 3.3 million for the six-month period ended September 27, 2019, were excluded from the calculation of diluted earnings (losses) per share, due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(2)
An immaterial number of options to purchase ordinary shares were excluded from the computation of diluted earnings (losses) per share during the three and six-month periods ended September 27, 2019 and September 28, 2018, respectively, due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(3)
RSU awards of 5.9 million and 5.5 million for the three and six-month periods ended September 27, 2019 were excluded from the computation of diluted earnings (losses) per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents. RSU awards of 3.1 million for the three and six-month periods ended September 28, 2018 were excluded from the computation of diluted earnings per share.