PLEXUS CORP

For the period ended Mar 30, 2024. Filed May 3, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 30, 2024 · Filed May 3, 2024

PLXS$205.18-0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Comprehensive Income

(in thousands, except per share data)

	Three Months Ended		Six Months Ended
	March 30,2024	April 1,2023	March 30,2024	April 1,2023
Net sales	$966,900	$1,070,823	$1,949,507	$2,164,748
Cost of sales	878,837	967,830	1,773,304	1,960,556
Gross profit	88,063	102,993	176,203	204,192
Selling and administrative expenses	47,555	46,051	90,537	89,909
Restructuring and other charges, net	11,038	—	11,038	—
Operating income	29,470	56,942	74,628	114,283
Other income (expense):
Interest expense	(8,293)	(8,287)	(15,910)	(15,181)
Interest income	817	759	1,625	1,693
Miscellaneous, net	(3,027)	(1,612)	(6,529)	(3,556)
Income before income taxes	18,967	47,802	53,814	97,239
Income tax expense	2,728	6,958	8,360	14,205
Net income	$16,239	$40,844	$45,454	$83,034
Earnings per share:
Basic	$0.59	$1.48	$1.65	$3.00
Diluted	$0.58	$1.45	$1.62	$2.94
Weighted average shares outstanding:
Basic	27,542	27,661	27,513	27,650
Diluted	27,929	28,184	27,982	28,273
Comprehensive income:
Net income	$16,239	$40,844	$45,454	$83,034
Other comprehensive (loss) income:
Derivative instrument and other fair value adjustments	(1,609)	2,924	6,788	11,363
Foreign currency translation adjustments	(3,645)	3,152	8,844	16,929
Other comprehensive (loss) income	(5,254)	6,076	15,632	28,292
Total comprehensive income	$10,985	$46,920	$61,086	$111,326

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.