EX-99.1 6 plxs-2012630x10qxex991.htm EX-99.1 PLXS-2012.6.30-10Q-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 30, 2012
 
March 31, 2012
 
July 2, 2011
Operating income
$
76,810
 
 
$
49,530
 
 
$
79,144
 
 
÷
3

 
÷
2

 
÷
3

 
25,603
 
 
24,765
 
 
26,381
 
 
x
4

 
x
4

 
x
4

Annualized operating income
102,413
 
 
99,060
 
 
105,524
 
Tax rate
9
%
 
10
%
 
3
%
Tax impact
-
9,217

 
-
9,906

 
-
3,166

Operating income (tax effected)
$
93,196
 
 
$
89,154
 
 
$
102,358
 
 
 
 
 
 
 
 
 
 
Average invested capital
$
623,320
 
 
$
619,311
 
 
$
633,408
 
ROIC
15.0
%
 
14.4
%
 
16.2
%
 
 
 
 
 
 
 
 
 
 
 
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, October 1, 2011) was $623,320
Fiscal 2012 second quarter average invested capital (March 31, 2012, December 31, 2011, October 1, 2011) was $619,311
 
 
July 2, 2011
  
April 2, 2011

 
January 1, 2011

 
October 2, 2010

Equity
$
572,657

  
$
630,403

 
$
680,474

 
$
651,855

Plus:
 
  
 
 
 
 
 
  Debt—current
17,191

  
17,119

 
17,052

 
17,409

  Debt—non-current
274,677

  
103,961

 
108,220

 
112,466

Less:
 
  
 
 
 
 
 
  Cash and cash equivalents
(208,729
)
  
(123,381
)
 
(149,498
)
 
(188,244
)
 
$
655,796

  
$
628,102

 
$
656,248

 
$
593,486

 
 
  
 
 
 
 
 
 
Fiscal 2011 third quarter average invested capital (July 2, 2011, April 2, 2011, January 1, 2011, October 2, 2010) was $633,408