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Concentration of Risk and Segment Data (Tables)
12 Months Ended
Aug. 31, 2020
Segment Reporting [Abstract]  
Schedule of Sales to Customers Who Accounted for 10 Percent or More of Company's Net Revenues, Expressed as Percentage of Consolidated Net Revenue and Accounts Receivable for Each Customer Sales to the following customer that accounted for 10% or more of the Company’s net revenues, expressed as a percentage of consolidated net revenue, and the percentage of accounts receivable for the customer, were as follows:
 
 
Percentage of Net Revenue
Fiscal Year Ended August 31,
 
Percentage of Accounts Receivable
as of August 31,
 
 
2020
 
2019
 
2018
 
2020
 
2019
Apple, Inc.(1)
 
20
%
 
22
%
 
28
%
 
*
 
*
Amazon.com(2)
 
11
%
 
*

 
*

 
*
 
*
 
*     Amount was less than 10% of total.
(1) 
Sales to this customer were reported in the DMS operating segment.
(2) 
Sales to this customer were reported primarily in the EMS operating segment.
Schedule of Revenues Disaggregated by Segment
The following table presents the Company’s revenues disaggregated by segment (in thousands):
 
 
Fiscal Year Ended August 31,
 
2020
 
2019
 
EMS
 
DMS
 
Total
 
EMS
 
DMS
 
Total
Timing of transfer(1)
 
 
 
 
 
 
 
 
 
 
 
Point in time
$
4,385,128

 
$
6,045,986

 
$
10,431,114

 
$
2,877,082

 
$
6,055,716

 
$
8,932,798

Over time
12,226,894

 
4,608,430

 
16,835,324

 
12,553,447

 
3,796,075

 
16,349,522

Total
$
16,612,022

 
$
10,654,416

 
$
27,266,438

 
$
15,430,529

 
$
9,851,791

 
$
25,282,320


 
(1) 
Effective September 1, 2018, the Company adopted ASU 2014-09, Revenue Recognition (Topic 606) using the modified retrospective method by applying the guidance to all open contracts upon adoption and recording a cumulative effect adjustment as of September 1, 2018, net of tax, of $42.6 million. No adjustments were made to prior periods.
Reconciliation of Revenue from Segments to Consolidated
The following tables set forth operating segment information (in thousands):
 
 
Fiscal Year Ended August 31,
 
 
2020
 
2019
 
2018
Net revenue
 
 
 
 
 
 
EMS
 
$
16,612,022

 
$
15,430,529

 
$
12,268,600

DMS
 
10,654,416

 
9,851,791

 
9,826,816

 
 
$
27,266,438

 
$
25,282,320

 
$
22,095,416


Reconciliation of Income from Segments to Consolidated
 
 
Fiscal Year Ended August 31,
 
 
2020
 
2019
 
2018
Segment income and reconciliation of income before tax
 
 
 
 
 
 
EMS
 
$
447,284

 
$
480,047

 
$
451,149

DMS
 
416,769

 
396,564

 
316,998

Total segment income
 
$
864,053

 
$
876,611

 
$
768,147

Reconciling items:
 
 
 
 
 
 
Amortization of intangibles
 
(55,544
)
 
(31,923
)
 
(38,490
)
Stock-based compensation expense and related charges
 
(83,084
)
 
(61,346
)
 
(98,511
)
Restructuring, severance and related charges
 
(156,586
)
 
(25,914
)
 
(36,902
)
Distressed customer charges
 
(14,963
)
 
(6,235
)
 
(32,710
)
Business interruption and impairment charges, net (1)
 
(5,785
)
 
2,860

 
(11,299
)
Acquisition and integration charges
 
(32,167
)
 
(52,697
)
 
(8,082
)
Loss on securities
 
(48,625
)
 
(29,632
)
 

Other expense (net of periodic benefit cost)
 
(47,243
)
 
(53,750
)
 
(37,563
)
Interest income
 
14,559

 
21,460

 
17,813

Interest expense
 
(173,877
)
 
(188,730
)
 
(149,002
)
Income before income tax
 
$
260,738

 
$
450,704

 
$
373,401


 
(1) 
Charges for the fiscal year ended August 31, 2020, relate to a flood that impacted the Company’s facility in Huangpu, China. Charges, net of insurance proceeds of $2.9 million and $24.9 million, for the fiscal years ended August 31, 2019 and 2018, respectively, relate to business interruption and asset impairment costs associated with damage from Hurricane Maria, which impacted operations in Cayey, Puerto Rico. These charges are classified as a component of cost of revenue and selling, general and administrative expenses in the Consolidated Statements of Operations.
Reconciliation of Assets from Segment to Consolidated
 
 
August 31, 2020
 
August 31, 2019
Total assets
 
 
 
 
EMS
 
$
4,247,897

 
$
4,353,465

DMS
 
5,627,869

 
4,988,198

Other non-allocated assets
 
4,521,650

 
3,628,812

 
 
$
14,397,416

 
$
12,970,475


Schedule of External Net Revenue, Net of Intercompany Eliminations, and Long-Lived Asset Information The following tables set forth external net revenue, net of intercompany eliminations, and long-lived asset information where individual countries represent a material portion of the total (in thousands):
 
 
Fiscal Year Ended August 31,
 
 
2020
 
2019
 
2018
External net revenue:
 
 
 
 
 
 
Singapore
 
$
6,512,310

 
$
6,718,495

 
$
7,193,414

Mexico
 
4,685,790

 
4,526,456

 
3,533,437

China
 
4,583,089

 
4,958,462

 
4,585,355

Malaysia
 
1,903,163

 
1,681,911

 
1,389,851

Vietnam
 
921,083

 
750,367

 
552,709

Other
 
3,912,536

 
3,548,062

 
2,995,956

Foreign source revenue
 
22,517,971

 
22,183,753

 
20,250,722

U.S.
 
4,748,467

 
3,098,567

 
1,844,694

Total
 
$
27,266,438

 
$
25,282,320

 
$
22,095,416


 
 
August 31, 2020
 
August 31, 2019
Long-lived assets:
 
 
 
 
China
 
$
1,670,290

 
$
1,579,904

Mexico
 
375,902

 
418,641

Malaysia
 
232,165

 
154,386

Switzerland
 
218,851

 
158

Singapore
 
141,659

 
156,028

Taiwan
 
114,594

 
123,608

Vietnam
 
107,857

 
85,728

Hungary
 
101,437

 
85,809

Other
 
501,453

 
462,261

Long-lived assets related to foreign operations
 
3,464,208

 
3,066,523

U.S.
 
1,107,827

 
1,146,335

Total
 
$
4,572,035

 
$
4,212,858