PLEXUS CORP
For the period ended Dec 28, 2024. Filed Jan 31, 2025.
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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.
Dec 28, 2024 · Filed Jan 31, 2025
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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Condensed Consolidated Balance Sheets
(in thousands, except per share data)
| December 28, 2024 | September 28, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $317,161 | $345,109 |
| Restricted cash | 688 | 2,353 |
| Accounts receivable, net of allowances of $3,045 and $3,189, respectively | 597,470 | 622,366 |
| Contract assets | 128,086 | 120,560 |
| Inventories | 1,290,179 | 1,311,434 |
| Prepaid expenses and other | 53,739 | 75,328 |
| Total current assets | 2,387,323 | 2,477,150 |
| Property, plant and equipment, net | 505,108 | 501,112 |
| Operating lease right-of-use assets | 78,045 | 74,360 |
| Deferred income taxes | 73,832 | 73,919 |
| Other assets | 27,009 | 27,280 |
| Total non-current assets | 683,994 | 676,671 |
| Total assets | $3,071,317 | $3,153,821 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt and finance lease obligations | $121,977 | $157,325 |
| Accounts payable | 666,118 | 606,378 |
| Advanced payments from customers | 625,315 | 709,152 |
| Accrued salaries and wages | 78,458 | 94,448 |
| Other accrued liabilities | 73,507 | 75,991 |
| Total current liabilities | 1,565,375 | 1,643,294 |
| Long-term debt and finance lease obligations, net of current portion | 88,728 | 89,993 |
| Accrued income taxes payable | 17,198 | 17,198 |
| Long-term operating lease liabilities | 35,124 | 32,275 |
| Deferred income taxes | 7,233 | 8,234 |
| Other liabilities | 38,590 | 38,002 |
| Total non-current liabilities | 186,873 | 185,702 |
| Total liabilities | 1,752,248 | 1,828,996 |
| Commitments and contingencies | ||
| Shareholders’ equity: | ||
| Preferred stock, $0.01 par value, 5,000 shares authorized, none issued or outstanding | — | — |
| Common stock, $0.01 par value, 200,000 shares authorized, 54,514 and 54,489 shares issued, respectively, and 27,062 and 27,122 shares outstanding, respectively | 545 | 545 |
| Additional paid-in capital | 684,555 | 680,638 |
| Common stock held in treasury, at cost, 27,452 and 27,367 shares, respectively | (1,202,939) | (1,190,115) |
| Retained earnings | 1,860,410 | 1,823,143 |
| Accumulated other comprehensive (loss) income | (23,502) | 10,614 |
| Total shareholders’ equity | 1,319,069 | 1,324,825 |
| Total liabilities and shareholders’ equity | $3,071,317 | $3,153,821 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.