Flex ltd. (FLEX)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Dec'08Sep'08Jun'08
Net sales

6,461

6,088

6,175

6,226

6,922

6,662

6,398

6,410

6,751

6,270

6,008

5,862

6,114

6,008

5,876

5,772

6,763

6,316

5,566

5,951

7,025

6,528

6,642

6,723

7,183

6,410

5,791

5,295

6,123

6,174

5,975

6,359

7,469

8,008

7,506

6,621

7,832

7,422

6,565

5,839

6,556

5,831

5,782

5,582

8,153

8,862

8,350

Cost of sales

6,017

5,785

5,775

5,834

6,505

6,233

6,021

5,994

6,305

5,877

5,601

5,439

5,698

5,694

5,470

5,366

6,310

5,919

5,213

5,572

6,616

6,151

6,261

6,303

6,784

6,041

5,480

4,982

5,778

5,808

5,618

6,000

7,083

7,635

7,105

6,240

7,399

7,024

6,195

5,505

6,173

5,519

5,506

5,344

7,855

8,445

7,867

Goodwill impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,949

-

-

Restructuring charges

13

113

47

-

60

26

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

12

21

0

0

2

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

-

-

-

-

-

-

-

-

-

-

18

9

12

52

128

0

0

26

Gross profit

430

189

352

380

357

402

377

349

446

393

406

384

416

313

405

406

452

396

352

378

408

377

380

362

398

368

311

195

246

366

357

358

385

372

400

381

433

397

370

314

373

299

223

108

297

417

456

Selling, general and administrative expenses

217

205

209

223

237

228

262

247

247

274

250

222

231

243

239

288

240

216

209

214

215

204

209

208

224

218

223

215

207

192

190

209

244

210

212

192

215

198

195

171

205

176

201

195

275

258

248

Intangible amortization

15

16

17

17

20

18

18

22

19

16

19

19

18

21

21

22

19

16

7

8

8

8

6

7

5

7

8

8

6

7

7

11

12

11

13

10

16

21

17

22

21

22

23

27

32

50

25

Restructuring charges

0

14

8

-

5

-0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other charges (income), net

-14

-

-

-

-71

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

-3

-1

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other, net

-36

-47

-51

26

-54

-41

-41

255

-31

-27

-26

50

-22

-24

-24

-24

-21

-22

-16

-11

-9

-12

-18

-16

-18

-14

-12

-73

17

10

-10

-4

-7

-1

-22

-

-

-

-

-

-

-

-107

-

-3

-11

0

Interest and other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

22

27

113

40

38

-36

407

-65

-59

-50

Other charges (income), net

-14

-

-

-

-71

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

-

-

-

-

91

-

-

-

-

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Operating and Nonoperating Income (Expense)

-

-1

-1

-

-

-6

86

-295

-6

143

36

-84

-3

-8

-3

-1

-44

-1

-0

11

-5

2

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

145

-95

64

-36

-31

108

141

15

141

218

145

98

140

14

116

69

126

140

118

155

170

154

189

58

153

128

59

-43

45

177

148

152

120

149

152

172

177

154

129

71

105

-29

-158

-267

-6,029

37

129

Provision for income taxes

34

21

19

27

13

21

25

35

22

13

20

12

10

17

11

7

-22

17

7

20

17

15

16

15

8

10

0

6

-8

17

11

7

14

15

17

21

-20

10

11

5

12

-49

-4

-17

2

10

10

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-49

54

160

136

145

106

133

135

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-7

-9

-8

-20

-4

-4

-3

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

111

-116

44

-64

-45

86

116

-19

118

205

124

86

129

-2

105

61

148

122

110

135

152

138

173

42

145

118

59

-49

47

150

128

124

102

129

131

135

198

144

118

60

92

19

-154

-249

-6,032

27

119

Earnings (loss) per share:
Income from continuing operations:
Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.06

0.08

0.24

0.20

0.21

0.15

0.19

0.18

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.07

0.08

0.24

0.20

0.21

0.15

0.18

0.18

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations:
Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-0.01

-0.01

-0.01

-0.02

-0.01

-0.01

0.00

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-0.01

-0.01

-0.01

-0.02

-0.01

-0.01

0.00

-

-

-

-

-

-

-

-

-

-

-

-

Net income:
Basic (in dollars per share)

0.22

-0.23

0.09

-0.11

-0.09

0.16

0.22

-0.04

0.22

0.39

0.24

0.16

0.24

0.00

0.19

0.11

0.27

0.22

0.20

0.24

0.26

0.24

0.30

0.08

0.24

0.19

0.09

-0.07

0.07

0.23

0.19

0.18

0.14

0.18

0.18

0.17

0.26

0.19

0.15

0.08

0.11

0.02

-0.19

-0.19

-7.45

0.03

0.14

Diluted (in dollars per share)

0.22

-0.23

0.09

-0.11

-0.09

0.16

0.22

-0.03

0.22

0.38

0.23

0.16

0.24

0.00

0.19

0.11

0.27

0.22

0.19

0.24

0.26

0.23

0.29

0.08

0.23

0.19

0.09

-0.07

0.07

0.22

0.19

0.18

0.14

0.18

0.17

0.17

0.26

0.18

0.14

0.08

0.11

0.02

-0.19

-0.19

-7.45

0.03

0.14

Weighted-average shares used in computing per share amounts:
Basic (in shares)

506

512

514

520

524

531

529

529

528

531

530

533

539

544

544

546

554

563

565

569

577

585

587

598

606

610

626

650

658

666

675

685

710

722

746

759

762

776

810

812

812

811

810

809

809

828

836

Diluted (in shares)

510

512

517

525

524

534

535

537

534

536

538

544

545

544

551

550

560

569

577

581

587

595

601

611

618

623

639

664

669

678

688

699

720

731

759

775

776

784

824

831

825

817

810

803

809

830

840