Plexus corp. (PLXS)
CashFlow / Quarterly
Apr'20Jan'20Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Oct'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'09
Cash flows from operating activities
Net Income (Loss) Attributable to Parent

12,926

31,006

36,831

24,801

24,758

22,226

72,742

26,501

12,290

-98,493

29,009

25,579

29,295

28,179

19,093

26,099

16,787

14,448

23,865

23,794

23,594

23,079

26,450

24,584

18,516

17,663

24,464

23,204

17,975

16,616

728

23,533

19,958

17,870

18,323

22,040

23,860

25,033

26,607

24,368

20,714

17,844

Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation

13,973

13,965

13,411

13,327

12,894

12,574

12,535

12,159

11,900

11,702

11,545

11,296

11,040

11,449

11,625

11,886

11,874

12,029

11,876

11,900

11,945

12,657

11,854

12,062

11,875

11,470

11,678

11,913

11,862

11,957

11,799

11,744

11,862

12,513

12,500

11,589

11,240

11,305

10,814

10,395

9,757

9,054

Amortization of intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

87

516

517

516

517

516

517

433

346

0

-

-

-

-

-

-

-

-

Amortization of deferred financing fees

-

-

-

-

-

-

-

-

-

-

-

-

78

77

-

81

81

81

76

76

76

76

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

560

1,666

-12,212

826

679

943

-2,718

780

420

21,906

-452

85

1

0

-

-

-

-

-490

1

-13

-95

-1,776

206

-76

-7

-1,694

-263

118

66

22,122

38

1,028

570

-4,674

1,286

622

-262

4,086

-3,182

-3,064

-1,029

Share-based compensation expense

5,779

5,046

5,980

5,426

5,176

4,753

4,775

4,786

4,524

3,896

4,926

4,472

4,388

3,625

8,742

3,642

3,567

3,390

2,662

3,495

3,354

3,741

3,738

3,325

3,349

2,558

2,770

3,116

3,111

2,785

2,947

3,204

3,709

2,675

2,823

2,728

3,102

2,388

2,432

2,429

2,836

1,839

Gain on sale of property, plant and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

218

111

-

-151

-107

-9

-90

-121

2

86

-15

-422

182

72

-176

-108

111

69

-2,581

1,114

171

-57

-135

-47

-9

16

-21

-40

-170

-5

Other, net

70

-57

-56

-56

-41

-51

79

72

-1

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, excluding impacts of acquisition:
Accounts receivable

7,075

-28,746

31,370

14,607

16,477

34,240

15,983

-17,603

63,787

-31,461

44,699

-5,653

-24,214

-68,537

41,975

52,747

-35,442

-22,290

36,432

7,689

-35,914

56,669

-3,645

26,750

2,212

-5,891

-30,944

-954

45,606

-33,365

-67,220

18,060

30,597

-20,014

40,023

21,188

-39,607

6,947

-199,162

32,139

9,043

40,531

Contract assets

4,436

15,864

-14,166

18,394

3,959

6,339

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

34,036

31,626

-52,554

-44,161

3,573

74,344

38,295

59,539

28,765

14,016

-1,752

38,499

43,755

5,570

-10,555

15,123

13,509

-17,292

-17,435

31,164

18,409

16,064

9,760

54,470

22,794

35,587

-36,906

-45,479

4,378

22,814

17,705

-3,646

10,102

-56

48,334

-16,001

-22,739

28,558

-316,338

37,825

58,791

50,253

Other current and noncurrent assets

-10,448

2,829

191

-830

2,146

2,221

-1,956

16,358

313

4,453

-1,991

5,020

903

4,808

-3,389

580

-449

345

-10,415

-1,836

1,131

4,722

-2,139

348

-14

3,547

1,538

403

3,900

3,047

-14,382

127

637

3,834

-9,091

1,566

5,746

2,101

-19,361

2,826

451

1,507

Accrued income taxes payable

-14,152

-2,898

5,773

-824

-11,635

10,811

-45,048

-3,668

-3,936

106,156

-852

934

-223

394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-23,370

64,965

15,290

-43,827

-36,115

7,928

29,599

48,132

6,855

8,756

13,308

5,305

6,916

-18,635

-12,334

31,611

15,537

-28,975

-13,863

9,710

56,610

-47,174

-17,105

70,003

8,149

29,273

10,643

-34,663

18,008

-22,478

-23,695

8,372

47,885

1,752

-5,234

-19,266

-23,594

-12,611

42,023

-11,662

39,705

52,160

Customer deposits

333

-3,382

9,673

1,782

16,147

22,050

-10,585

-2,448

1,515

-5,195

25,969

-2,776

-177

-417

-2,550

17,321

-1,137

-9,168

5,627

68

13,141

7,007

6,380

5,938

-1,488

-23,960

-36,589

8,746

60,603

-48

1,199

1,333

2,618

335

-1,785

3,029

-188

2,276

-2,472

1,390

2,545

-2,374

Other current and noncurrent liabilities

3,360

-14,140

-1,693

28,007

13,019

2,467

16,462

10,753

-6,969

7,432

7,374

8,904

-4,500

-3,269

7,881

8,960

705

-9,785

-45

2,710

5,899

-12,230

4,594

3,257

-2,374

-527

12,468

-4,732

-3,779

-8,342

-

1,861

6,234

-22,185

-

-

-

-

-

-

-

-

Accrued Liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,166

-11,635

3,782

17,317

11,241

4,537

Cash flows provided by (used in) operating activities

-29,304

74,712

108,268

41,564

-1,191

-33,341

25,361

38,629

-66,265

69,106

49,811

16,316

26,156

79,451

5,126

31,299

70,047

21,266

21,002

14,856

131,004

-90,290

30,754

37,983

16,024

3,671

90,745

53,975

54,420

8,507

40,684

34,863

52,133

29,823

94,482

15,612

69,485

-21,128

19,122

-31,775

15,279

-10,265

Cash flows from investing activities
Payments for property, plant and equipment

17,004

13,675

15,998

20,046

29,653

24,903

10,703

22,962

12,413

16,702

14,095

9,822

7,671

6,950

7,347

7,019

5,012

11,745

8,178

10,223

7,080

9,595

6,995

27,654

8,840

21,795

23,863

30,958

27,458

25,843

18,629

12,168

10,744

22,156

26,660

19,200

11,696

13,263

17,741

15,897

19,120

12,315

Proceeds from sales of property, plant and equipment

411

283

101

67

44

49

112

153

100

173

268

9

303

124

4,559

42

-8

14

146

158

2

101

31

2,330

243

113

353

317

121

82

917

2,251

352

150

65

1,342

695

43

49

44

176

11

Business acquisition

0

0

0

0

-20

1,200

12,400

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,000

-

-

-

-

-

-

-

-

Cash flows used in investing activities

-16,593

-13,392

-16,097

-19,979

-29,609

-23,674

-22,970

-22,809

-12,313

-16,529

-13,827

-9,813

-7,368

-6,826

-2,788

-6,977

-5,020

-11,731

-8,032

-10,065

-7,078

-9,494

-6,964

-25,324

-8,597

-21,682

-23,510

-30,641

-27,337

-25,761

-17,712

-8,826

-45,638

-20,006

-26,595

-17,858

-11,001

-13,220

-17,692

-15,853

-18,944

-12,304

Cash flows from financing activities
Borrowings under debt agreements

178,674

157,020

200,000

217,475

435,525

231,500

161,289

168,436

288,302

216,314

164,989

68,161

24,329

73,597

172,000

164,000

150,000

139,000

139,000

92,000

100,000

152,000

73,000

87,000

76,000

45,000

30,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on debt and finance lease obligations

139,286

190,470

238,845

173,383

351,891

229,469

163,348

193,949

288,769

324,192

146,003

72,132

11,270

73,475

172,483

165,684

151,208

140,196

139,955

93,524

101,280

153,052

73,986

88,490

76,771

46,016

31,089

1,113

8,168

648

4,377

94,347

4,325

4,305

4,278

4,250

4,229

4,663

4,195

4,584

7,926

4,194

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

475

0

0

70

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock

13,154

6,330

31,405

44,407

56,246

50,051

39,194

56,681

31,612

9,547

10,280

9,950

6,845

7,061

7,086

7,176

7,275

8,463

7,480

7,538

7,682

7,300

7,717

7,726

7,623

6,934

13,811

14,506

15,471

6,070

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

0

9,850

591

759

468

796

4,176

329

681

8,513

2,767

718

4,759

5,124

5,245

10,420

732

10

47

7,387

1,842

2,104

748

3,288

3,298

7,535

3,053

609

68

48

733

129

5,921

37

1,101

2,584

2,255

60

225

7,943

11,002

1,870

Payments related to tax withholding for share-based compensation

7,499

3,126

1,486

147

6,374

26

21

90

5,230

141

-18

308

3,473

2,360

0

22

2,560

0

10

50

2,247

465

-2

3,134

-1,567

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit of stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

297

-1

1,490

228

-1,239

704

403

132

4

468

1,468

175

Cash flows used in financing activities

18,735

-33,056

-71,060

-391

21,482

-47,250

-37,098

-82,684

-36,628

-109,053

11,491

-13,511

7,500

-4,175

-2,799

1,538

-10,311

-9,719

-8,398

-1,725

-9,378

-6,702

-7,953

-5,928

-6,663

-415

-11,847

-15,010

-23,921

-6,670

-4,410

-5,137

2,776

-4,040

-34,547

87,056

-84,992

-4,471

-3,966

3,827

4,544

-2,149

Effect of exchange rate changes on cash and cash equivalents

-672

604

-256

-154

804

-548

-1,158

-2,900

3,670

2,073

1,820

1,989

843

-3,567

-254

-1,977

352

-2,194

-2,296

-4,532

2,063

-420

440

-112

-1,225

717

873

773

-838

488

1,148

-745

199

400

38

538

391

73

577

-24

-782

267

Net increase (decrease) in cash and cash equivalents and restricted cash

-27,834

28,868

20,855

21,040

-8,514

-104,813

-35,865

-69,764

-111,536

-54,403

49,295

-5,019

27,131

64,883

-715

23,883

55,068

-2,378

2,276

-1,466

116,611

-106,906

16,277

6,619

-461

-17,709

56,261

9,097

2,324

-23,436

19,710

20,155

9,470

6,177

33,378

85,348

-26,117

-38,746

-1,959

-43,825

97

-24,451