Sanmina corporation (SANM)
Income statement / Quarterly
Mar'20Dec'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'09
Net sales

1,590

1,840

1,892

2,026

2,126

2,188

1,876

1,813

1,675

1,744

1,755

1,711

1,682

1,719

1,665

1,669

1,611

1,534

1,636

1,539

1,527

1,671

1,686

1,604

1,476

1,447

1,505

1,489

1,427

1,494

1,578

1,549

1,463

1,502

1,696

1,674

1,569

1,662

1,687

1,625

1,527

1,478

Cost of sales

1,483

1,705

1,750

1,879

1,973

2,038

1,755

1,694

1,560

1,635

1,631

1,580

1,549

1,587

1,538

1,542

1,474

1,411

1,514

1,418

1,412

1,544

1,554

1,477

1,357

1,336

1,389

1,374

1,327

1,398

1,463

1,444

1,356

1,393

1,562

1,542

1,452

1,534

1,556

1,501

1,409

1,368

Gross Profit

107

134

141

147

153

149

121

118

114

109

123

130

133

132

127

126

136

123

121

120

115

126

131

126

118

110

115

114

100

96

115

105

106

109

133

131

116

128

131

124

117

109

Operating expenses:
Selling, general and administrative

62

63

66

66

64

63

60

61

65

63

65

58

62

65

61

61

63

57

63

59

57

59

57

63

62

59

57

62

58

59

57

60

62

59

59

67

62

58

61

65

63

62

Research and development

5

5

6

7

7

6

6

8

8

7

8

8

8

8

8

9

9

9

9

8

7

8

7

7

8

7

7

6

6

5

6

5

5

4

5

5

4

4

3

3

3

3

Restructuring and other

15

9

1

6

3

2

10

1

-7

24

1

-3

3

0

-

-

-

-

-

7

1

3

3

2

2

3

4

9

6

3

17

3

5

4

13

6

4

5

8

6

3

3

Other

-

-

-

-

-

-

-

-

-

-

5

0

0

-0

-0

0

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

1

Asset impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

0

0

0

0

-

0

1

-

0

0

1

1

0

0

0

0

0

0

0

0

Gain on sales of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

1

-

-

0

0

-

0

0

18

4

0

1

0

0

0

1

0

1

0

13

0

0

Total operating expenses

83

77

78

80

74

71

111

71

65

95

80

64

75

73

72

72

75

69

68

73

65

72

70

73

73

71

70

78

54

65

82

69

76

69

80

78

72

67

73

62

72

70

Operating income

24

57

63

67

78

77

9

47

48

13

43

66

58

58

55

54

61

54

52

47

49

53

61

53

45

39

44

35

45

31

32

35

30

39

53

52

44

60

58

61

45

39

Interest income

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Interest expense

6

5

6

7

8

8

7

7

6

6

5

5

5

5

6

6

6

5

6

6

6

6

7

8

7

7

8

8

10

13

13

16

20

21

21

24

26

26

27

27

26

26

Other expense, net

-7

1

-2

-1

-0

-5

0

1

-0

3

1

0

3

1

2

1

0

-0

3

-1

-0

-1

7

-6

0

0

3

-0

-1

-14

12

-6

-4

-1

12

-14

2

1

3

-2

0

39

Interest and other, net

-13

-4

-8

-8

-8

-14

-6

-5

-7

-2

-3

-4

-1

-3

-3

-5

-5

-5

-5

-6

-6

-7

-11

-14

-6

-5

-6

-8

-11

-27

-17

-22

-24

-23

-24

-39

-23

-24

-24

-28

-25

13

Income before income taxes

11

52

54

58

69

63

3

41

41

11

39

62

56

54

51

49

55

48

46

40

43

45

50

38

38

33

38

27

34

3

15

12

5

16

28

13

20

36

33

33

19

52

Provision for income taxes

6

15

34

16

28

26

2

7

17

165

14

25

25

9

-49

19

25

20

-268

15

28

23

-82

18

17

10

-0

8

12

3

-149

3

6

8

10

4

7

7

2

11

9

-6

Net Income (Loss) Attributable to Parent

4

38

19

42

40

37

0

33

24

-154

25

36

31

44

100

29

30

27

315

24

14

22

132

20

20

23

38

18

21

0

164

8

-1

8

18

9

13

28

31

21

10

59

Earnings Per Share [Abstract]
Basic

0.07

0.55

0.28

0.62

0.59

0.56

-0.05

0.49

0.35

-2.16

0.35

0.48

0.42

0.61

1.35

0.40

0.40

0.35

3.86

0.30

0.18

0.27

1.60

0.25

0.25

0.28

0.46

0.23

0.26

0.01

2.02

0.11

-0.02

0.11

0.22

0.12

0.16

0.36

0.39

0.27

0.13

0.76

Diluted

0.07

0.53

0.26

0.60

0.57

0.54

-0.01

0.47

0.33

-2.16

0.32

0.47

0.41

0.58

1.28

0.38

0.39

0.33

3.69

0.29

0.17

0.26

1.53

0.24

0.24

0.26

0.45

0.22

0.25

0.01

1.97

0.11

-0.02

0.10

0.22

0.11

0.16

0.34

0.36

0.26

0.12

0.74

Weighted average shares used in computing per share amounts:
Weighted Average Number of Shares Outstanding, Basic

70

70

69

69

68

68

68

68

70

71

74

75

74

73

73

73

75

77

80

81

82

82

82

82

82

83

83

83

82

81

81

81

81

80

80

80

80

79

79

79

79

78

Weighted Average Number of Shares Outstanding, Diluted

72

72

72

72

71

70

62

72

73

71

79

78

77

77

78

76

78

81

83

85

86

86

87

86

86

87

87

85

84

84

86

83

81

82

82

83

83

82

82

83

82

80