← PLEXUS CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $76.4m | $112.1m | $13.0m | $108.6m | $117.5m | $138.9m | $138.2m | $139.1m | $111.8m | $172.9m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $76.4m | — | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $47.4m | $45.3m | $48.3m | $52.2m | $56.7m | $61.0m | $62.7m | $69.8m | $77.8m | $77.8m | |
| Amortization of Debt Issuance Costs | $405k | $311k | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $0 | — | — | — | $1.2m | — | — | — | — | — | |
| Depreciation | $47.4m | $45.3m | $48.1m | $50.9m | $55.5m | $59.8m | $61.5m | $68.6m | $76.7m | $76.8m | |
| Deferred Income Tax Expense (Benefit) | ($330k) | ($366k) | $20.4m | ($9.8m) | ($3.6m) | ($3.4m) | ($10.8m) | ($22.4m) | ($7.1m) | ($16.3m) | |
| Share-based Payment Arrangement, Noncash Expense | — | $17.4m | $18.0m | $21.3m | $24.3m | $24.8m | $23.3m | $21.3m | $30.3m | $30.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.6m | $6.1m | $5.5m | $8.0m | $12.9m | $9.7m | $11.2m | $12.5m | $11.2m | $15.3m | |
| Share-based Payment Arrangement, Expense | $19.3m | $17.4m | $18.0m | $21.3m | $24.3m | $24.8m | $23.3m | $21.3m | $30.3m | $30.3m | |
| Restructuring Costs and Asset Impairment Charges | $7.0m | — | $0 | $0 | $3.1m | $0 | $0 | $0 | $4.7m | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($1.2m) | $162k | $538k | $261k | $437k | ($57.1m) | ($101.6m) | ($104.0m) | ($95.2m) | ($95.3m) | |
| Income Tax Expense (Benefit) | $11.0m | $9.8m | $94.6m | $17.3m | $17.9m | $21.5m | $20.1m | $21.9m | $17.7m | $15.1m | |
| Operating Lease, Expense | — | — | — | — | $11.7m | $11.0m | $11.3m | $10.8m | $10.5m | $10.4m | |
| Other Nonoperating Income (Expense) | ($1.7m) | $451k | ($3.1m) | ($5.2m) | ($3.7m) | ($3.0m) | ($5.3m) | ($6.4m) | ($13.2m) | ($6.7m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $37.0m | ($53.7m) | $30.7m | $96.7m | ($8.8m) | $33.5m | $230.0m | ($81.5m) | ($45.0m) | $30.7m | |
| Increase (Decrease) in Inventories | $785k | $86.1m | $140.6m | ($18.8m) | $56.4m | $206.5m | $653.0m | ($48.6m) | ($262.3m) | ($84.9m) | |
| Increase (Decrease) in Accounts Payable | $5.8m | $6.9m | $93.3m | ($56.7m) | $65.1m | $111.8m | $176.0m | ($170.7m) | ($30.8m) | $98.6m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.7m) | $2.3m | $1.2m | $500k | ($400k) | ($1.1m) | ($700k) | ($1.8m) | ($3.4m) | ($200k) | |
| Gain (Loss) on Sale of Properties | $779k | — | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | $4.2m | $5.0m | $4.7m | $1.9m | $1.9m | $1.4m | $1.3m | $3.1m | $3.9m | $3.9m | |
| Proceeds from Stock Options Exercised | $16.4m | $13.4m | $13.7m | $2.6m | $12.8m | $3.6m | $480k | $8k | $210k | $0 | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $3.2b | $3.4b | $3.4b | $3.8b | $4.2b | $4.0b | $4.0b | |
| Net Cash Provided by (Used in) Operating Activities | $127.7m | $171.7m | $66.8m | $115.3m | $210.4m | $142.6m | ($26.2m) | $165.8m | $436.5m | $249.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $31.1m | $38.5m | $62.8m | $90.6m | $50.1m | $57.1m | $101.6m | $104.0m | $95.2m | $95.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $12.4m | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $200k | ($200k) | ($126k) | ($51k) | $45k | ($235k) | $347k | |
| Net Cash Provided by (Used in) Investing Activities | ($26.5m) | ($37.8m) | ($74.6m) | ($89.4m) | ($49.9m) | ($57.0m) | ($101.6m) | ($93.3m) | ($94.9m) | ($95.6m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $30.0m | $34.1m | $137.0m | $182.1m | $41.4m | $108.5m | $50.4m | $40.9m | $55.7m | $65.3m | |
| Net Cash Provided by (Used in) Financing Activities | ($21.3m) | $1.3m | ($265.5m) | ($97.2m) | ($1.5m) | ($203.9m) | $139.3m | ($92.7m) | ($255.6m) | ($196.4m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($4.1m) | $1.1m | $1.7m | ($154k) | $2.6m | $900k | ($6.5m) | $1.4m | $4.8m | $2.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($4.1m) | $136.3m | ($271.6m) | ($71.4m) | $161.6m | ($117.4m) | $5.0m | ($18.8m) | $90.8m | ($40.7m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $75.9m | $569.3m | $297.7m | $226.3m | $387.9m | $270.5m | $275.5m | $256.7m | $347.5m | $306.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $14.9m | $13.8m | $12.0m | $15.7m | $14.9m | $14.1m | $15.3m | $32.8m | $29.5m | $12.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.