XML 112 R88.htm IDEA: XBRL DOCUMENT v2.4.1.9
BUSINESS AND ASSET ACQUISITIONS (Details) (USD $)
12 Months Ended 0 Months Ended 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Nov. 04, 2013
Sep. 30, 2015
Dec. 31, 2014
Business Acquisitions            
Total aggregate purchase price $ 61,361,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired $ 238,031,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired $ 184,097,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired      
Business Combination, Contingent Consideration, Liability 4,500,000us-gaap_BusinessCombinationContingentConsiderationLiability 11,300,000us-gaap_BusinessCombinationContingentConsiderationLiability 25,000,000us-gaap_BusinessCombinationContingentConsiderationLiability      
Current assets:            
Goodwill 333,631,000us-gaap_Goodwill 292,758,000us-gaap_Goodwill 262,005,000us-gaap_Goodwill     334,483,000us-gaap_Goodwill
Current liabilities:            
Assets financed by a third party banking institution included in other current assets 169,200,000flex_CustomerSpecificAssetsFinancedByThirdPartyBank 267,500,000flex_CustomerSpecificAssetsFinancedByThirdPartyBank        
Other investing activities, net (64,362,000)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 35,497,000us-gaap_PaymentsForProceedsFromOtherInvestingActivities 100,359,000us-gaap_PaymentsForProceedsFromOtherInvestingActivities      
Other financing activities, net (98,966,000)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 52,149,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 101,851,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities      
Fair value adjustment     74,400,000us-gaap_AssetsFairValueAdjustment      
Customer-related intangibles | Maximum            
Current liabilities:            
Useful life 8 years          
Motorola Mobility LLC            
Business Acquisitions            
Percentage of the total revenue   11.50%flex_PercentOfTotalRevenue
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Pro-forma revenue   3,300,000,000us-gaap_BusinessAcquisitionsProFormaRevenue
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Purchase consideration net cash   178,900,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Current assets:            
Inventory   97,740,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Other current assets   24,280,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Total current assets   122,020,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Property and equipment   45,198,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Goodwill   2,844,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Other intangible assets   2,948,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Other assets   7,414,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Total assets   180,424,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Current liabilities:            
Other current liabilities   317,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Total current liabilities   317,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Other liabilities   1,202,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Total aggregate purchase price   178,905,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= flex_MotorMobilityLLCMember
       
Useful life   6 years        
Riwisa AG            
Business Acquisitions            
Total aggregate purchase price 46,600,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
    44,000,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
   
Cash acquired from acquisitions       9,400,000us-gaap_CashAcquiredFromAcquisition
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
   
Current assets:            
Goodwill 27,200,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
18,500,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
       
Other intangible assets   22,700,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
       
Current liabilities:            
Cash consideration adjustment 2,600,000us-gaap_PaymentsForPreviousAcquisition
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
         
Fair value adjustment 8,700,000us-gaap_AssetsFairValueAdjustment
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
         
Riwisa AG | Customer-related intangibles            
Current assets:            
Other intangible assets       15,800,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= flex_CustomerRelatedIntangiblesMember
   
Current liabilities:            
Useful life       10 years    
Riwisa AG | Developed technology and trade names            
Current assets:            
Other intangible assets       6,900,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= flex_RiwisaAGMember
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= flex_DevelopedTechnologyRightsAndTradeNamesMember
   
Current liabilities:            
Useful life       7 years    
Other acquisitions            
Business Acquisitions            
Total aggregate purchase price 52,700,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
  7,400,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
     
Cash acquired from acquisitions 5,900,000us-gaap_CashAcquiredFromAcquisition
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
  80,100,000us-gaap_CashAcquiredFromAcquisition
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
     
Business Combination, Contingent Consideration, Liability 4,500,000us-gaap_BusinessCombinationContingentConsiderationLiability
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
         
Revenue   231,300,000us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
       
Purchase consideration net cash     72,700,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
     
Number of acquisitions eligible to receive contingent consideration 1flex_BusinessCombinationContingentConsiderationArrangementsNumberOfAcquisitionsEligibleForContingentConsideration
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
         
Current assets:            
Total current assets 29,400,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
         
Property and equipment 9,000,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
         
Goodwill 35,800,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
5,000,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
61,900,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
     
Goodwill and intangibles 16,100,000flex_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsAndGoodwill
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
         
Current liabilities:            
Total aggregate purchase price   15,100,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
       
Number of acquisitions completed 4us-gaap_NumberOfBusinessesAcquired
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
2us-gaap_NumberOfBusinessesAcquired
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
3us-gaap_NumberOfBusinessesAcquired
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
     
Assets financed by a third party banking institution included in other current assets 169,200,000flex_CustomerSpecificAssetsFinancedByThirdPartyBank
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
267,500,000flex_CustomerSpecificAssetsFinancedByThirdPartyBank
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
       
Other current liability for purchase of assets on behalf of customer financed by a third party banking institution 197,700,000flex_LiabilityRelatedToCustomerSpecificAssetsFinancedByThirdPartyBank
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
286,500,000flex_LiabilityRelatedToCustomerSpecificAssetsFinancedByThirdPartyBank
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
       
Other investing activities, net (79,700,000)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
37,300,000us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
115,300,000us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
     
Other financing activities, net (88,800,000)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
13,500,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
101,900,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ us-gaap_BusinessAcquisitionAxis
= us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
     
Saturn Electronics and Engineering, Inc            
Business Acquisitions            
Revenue     100,900,000us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Purchase consideration net cash 11,300,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
  193,700,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Potential contingent consideration     15,000,000us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Current assets:            
Cash and cash equivalents     2,191,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Accounts receivable     44,879,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Inventory     23,350,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Other current assets     1,970,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Total current assets     72,390,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Property and equipment     40,392,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Goodwill     102,725,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Other intangible assets     57,200,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Other assets     925,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Total assets     273,632,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Current liabilities:            
Accounts payable     29,616,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Other current liabilities     1,740,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Total current liabilities     31,356,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Other liabilities     33,585,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Total aggregate purchase price     208,691,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
     
Other financing activities, net 11,300,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
         
Saturn Electronics and Engineering, Inc | Customer-related intangibles            
Current assets:            
Other intangible assets     46,400,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= flex_CustomerRelatedIntangiblesMember
     
Current liabilities:            
Useful life     5 years      
Saturn Electronics and Engineering, Inc | Developed technology            
Current assets:            
Other intangible assets     10,800,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= flex_SaturnElectronicsAndEngineeringIncMember
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_DevelopedTechnologyRightsMember
     
Current liabilities:            
Useful life     7 years      
2016 Acquisition            
Business Acquisitions            
Purchase consideration net cash 7,500,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_BusinessAcquisitionAxis
= flex_Acquisition2016Member
         
Mirror Controls International | Forecast            
Business Acquisitions            
Purchase consideration net cash         $ 500,000,000us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_BusinessAcquisitionAxis
= flex_MirrorControlsInternationalMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioForecastMember