$PLXS
PLEXUS CORP Stock $plxs

$plxs Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000078578623000053 Filed on August 04, 2023

Income Statement

Concept	2023 Q3
Revenue	$1.022B
YoY Change	0.84%
Cost Of Revenue	$928.0M
YoY Change	4.53%
Gross Profit	$93.65M
YoY Change	0.03%
Gross Profit Margin	9.17%
Selling, General & Admin	$42.35M
YoY Change	-3.88%
% of Gross Profit	45.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$17.93M
YoY Change	12.74%
% of Gross Profit	19.15%
Operating Expenses	$42.35M
YoY Change	-3.88%
Operating Profit	$51.30M
YoY Change	3.5%
Interest Expense	-$7.633M
YoY Change	-294.57%
% of Operating Profit	-14.88%
Other Income/Expense, Net	-$3.194M
YoY Change	19.27%
Pretax Income	$17.38M
YoY Change	-59.85%
Income Tax	$1.578M
% Of Pretax Income	9.08%
Net Earnings	$15.80M
YoY Change	-57.86%
Net Earnings / Revenue	1.55%
Basic Earnings Per Share	$0.57
Diluted Earnings Per Share	$0.56
COMMON SHARES
Basic Shares Outstanding	27.56M shares
Diluted Shares Outstanding	27.99M shares

Balance Sheet

Concept	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$253.0M
YoY Change	-8.55%
Cash & Equivalents	$253.0M
Short-Term Investments
Other Short-Term Assets	$64.75M
YoY Change	-13.65%
Inventory	$1.642B
Prepaid Expenses
Receivables	$839.9M
Other Receivables	$0.00
Total Short-Term Assets	$2.799B
YoY Change	5.46%
LONG-TERM ASSETS
Property, Plant & Equipment	$548.4M
YoY Change	10.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$71.26M
YoY Change	147.13%
Total Long-Term Assets	$619.7M
YoY Change	12.66%
TOTAL ASSETS
Total Short-Term Assets	$2.799B
Total Long-Term Assets	$619.7M
Total Assets	$3.419B
YoY Change	6.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$697.1M
YoY Change	-18.29%
Accrued Expenses	$356.9M
YoY Change	-2.68%
Deferred Revenue	$760.4M
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$304.8M
YoY Change	21.91%
Total Short-Term Liabilities	$1.941B
YoY Change	4.31%
LONG-TERM LIABILITIES
Long-Term Debt	$187.5M
YoY Change	1.49%
Other Long-Term Liabilities	$101.7M
YoY Change	406.01%
Total Long-Term Liabilities	$289.2M
YoY Change	1.27%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.941B
Total Long-Term Liabilities	$289.2M
Total Liabilities	$2.235B
YoY Change	4.11%
SHAREHOLDERS EQUITY
Retained Earnings	$1.671B
YoY Change	9.81%
Common Stock	$543.0K
YoY Change	0.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.184B
YoY Change
Total Liabilities & Shareholders Equity	$3.419B
YoY Change	6.69%

Cashflow Statement

Concept	2023 Q3
OPERATING ACTIVITIES
Net Income	$15.80M
YoY Change	-57.86%
Depreciation, Depletion And Amortization	$17.93M
YoY Change	12.74%
Cash From Operating Activities	$18.83M
YoY Change	-188.84%
INVESTING ACTIVITIES
Capital Expenditures	$30.30M
YoY Change	-245.36%
Acquisitions
YoY Change
Other Investing Activities	$206.0K
YoY Change	-835.71%
Cash From Investing Activities	-$30.10M
YoY Change	44.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.985M
YoY Change	-127.78%
NET CHANGE
Cash From Operating Activities	18.83M
Cash From Investing Activities	-30.10M
Cash From Financing Activities	-3.985M
Net Change In Cash	-15.25M
YoY Change	-44.98%
FREE CASH FLOW
Cash From Operating Activities	$18.83M
Capital Expenditures	$30.30M
Free Cash Flow	-$11.47M
YoY Change	3197.13%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.plexus.com/20230701#LongTermDebtAndFinanceLeaseObligationsCurrent
CY2022Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesCurrent
CY2023Q3	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://www.plexus.com/20230701#LongTermDebtAndFinanceLeaseObligations
CY2023Q3	plxs	Customer Deposit Current CustomerDepositCurrent	582172000	usd
CY2022Q4	plxs	Customer Deposit Current CustomerDepositCurrent	480486000	usd
	plxs	Increase Decrease Customer Deposits IncreaseDecreaseCustomerDeposits	97245000	usd
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
	plxs	Increase Decrease Customer Deposits IncreaseDecreaseCustomerDeposits	189068000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	898000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	37431000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	46912000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	8000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	307000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	12337000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	11142000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-22409000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	122148000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3850000	usd
CY2022Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	1433353000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	81207000	usd
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	88223000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	1602783000	usd
CY2022Q4	plxs	Finance Lease Obligations FinanceLeaseObligations	50269000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1522000	usd
CY2022Q4	plxs	Long Term Debt And Finance Lease Obligations Including Current Maturities LongTermDebtAndFinanceLeaseObligationsIncludingCurrentMaturities	461747000	usd
CY2022Q4	plxs	Long Term Debt And Finance Lease Obligations Current LongTermDebtAndFinanceLeaseObligationsCurrent	273971000	usd
CY2022Q4	plxs	Long Term Debt And Finance Lease Obligations LongTermDebtAndFinanceLeaseObligations	187776000	usd
CY2022Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	401600000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	413000000	usd
	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	-1300000	usd
CY2023Q3	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	-3000000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	3500000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	200000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	15799000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27561000	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	431000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27992000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.57
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.56
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2023Q3	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1668000	usd
CY2023Q3	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	1302000	usd
CY2023Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	2696000	usd
CY2023Q3	plxs	Other Lease Expense OtherLeaseExpense	2345000	usd
CY2023Q3	plxs	Lease Expense LeaseExpense	8011000	usd
CY2023Q3	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	37511000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	71914000	usd
CY2023Q3	plxs	Lease Assets LeaseAssets	109425000	usd
CY2023Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	5969000	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	8772000	usd
CY2023Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	38731000	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	40515000	usd
CY2023Q3	plxs	Lease Liability LeaseLiability	93987000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3900000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	15600000	usd
CY2022Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6000000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	2687520000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	115871000	usd
	us-gaap	Interest Expense InterestExpense	10314000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	851000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-5047000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	101361000	usd
CY2022Q4	us-gaap	Assets Assets	3393225000	usd
CY2021Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6645000	usd
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2431000	usd
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2032000	usd
CY2022Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	7044000	usd
	plxs	Plxs Trade Accounts Receivable Sold PlxsTradeAccountsReceivableSold	616600000	usd
	plxs	Plxs Trade Accounts Receivable Sold PlxsTradeAccountsReceivableSold	563800000	usd
	plxs	Plxs Cash Proceeds Received From Accounts Receivable Sold PlxsCashProceedsReceivedFromAccountsReceivableSold	609400000	usd
	plxs	Plxs Cash Proceeds Received From Accounts Receivable Sold PlxsCashProceedsReceivedFromAccountsReceivableSold	561300000	usd
CY2023Q3	us-gaap	Derecognized Assets Securitized Or Assetbacked Financing Arrangement Assets And Any Other Financial Assets Managed Together Principal Amount Outstanding DerecognizedAssetsSecuritizedOrAssetbackedFinancingArrangementAssetsAndAnyOtherFinancialAssetsManagedTogetherPrincipalAmountOutstanding	216800000	usd
CY2022Q4	us-gaap	Derecognized Assets Securitized Or Assetbacked Financing Arrangement Assets And Any Other Financial Assets Managed Together Principal Amount Outstanding DerecognizedAssetsSecuritizedOrAssetbackedFinancingArrangementAssetsAndAnyOtherFinancialAssetsManagedTogetherPrincipalAmountOutstanding	222500000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1047893000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1013054000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3265702000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2773727000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	138540000	usd
CY2021Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	115283000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	2589181000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	2279559000	usd
	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-2594726000	usd
	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-2266792000	usd
CY2023Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	132995000	usd
CY2022Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	128050000	usd
CY2023Q3	us-gaap	Deferred Revenue DeferredRevenue	215700000	usd
CY2022Q4	us-gaap	Deferred Revenue DeferredRevenue	298800000	usd
CY2022Q3	us-gaap	Restructuring Charges RestructuringCharges	0	usd
	us-gaap	Restructuring Charges RestructuringCharges	2000000	usd
CY2023Q2	us-gaap	Restructuring Reserve RestructuringReserve	0	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	23094000	usd
CY2023Q3	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-20085000	usd
CY2023Q3	us-gaap	Restructuring Reserve RestructuringReserve	3009000	usd
CY2021Q4	us-gaap	Restructuring Reserve RestructuringReserve	71000	usd
CY2022Q1	us-gaap	Restructuring Charges RestructuringCharges	2021000	usd
CY2022Q1	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-330000	usd
CY2022Q1	us-gaap	Restructuring Reserve RestructuringReserve	1762000	usd
CY2022Q2	us-gaap	Restructuring Charges RestructuringCharges	0	usd
CY2022Q2	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-100000	usd
CY2022Q2	us-gaap	Restructuring Reserve RestructuringReserve	1662000	usd
CY2022Q3	us-gaap	Restructuring Charges RestructuringCharges	0	usd
CY2022Q3	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-181000	usd
CY2022Q3	us-gaap	Restructuring Reserve RestructuringReserve	1481000	usd

Files In Submission

Name	View Source	Status
0000785786-23-000053-index-headers.html	Edgar Link	pending
0000785786-23-000053-index.html	Edgar Link	pending
0000785786-23-000053.txt	Edgar Link	pending
0000785786-23-000053-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
plxs-20230701.htm	Edgar Link	pending
plxs-20230701.xsd	Edgar Link	pending
plxs-20230701_g1.gif	Edgar Link	pending
plxsf2310-qq3exhibit311.htm	Edgar Link	pending
plxsf2310-qq3exhibit312.htm	Edgar Link	pending
plxsf2310-qq3exhibit321.htm	Edgar Link	pending
plxsf2310-qq3exhibit322.htm	Edgar Link	pending
plxsf2310-qq3exhibit991.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
plxs-20230701_cal.xml	Edgar Link	unprocessable
plxs-20230701_def.xml	Edgar Link	unprocessable
plxs-20230701_lab.xml	Edgar Link	unprocessable
plxs-20230701_pre.xml	Edgar Link	unprocessable
plxs-20230701_htm.xml	Edgar Link	completed
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$PLXS
PLEXUS CORP Stock $plxs

2023 Q3 Form 10-Q Financial Statement

#000078578623000053 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PLXS PLEXUS CORP Stock $plxs

2023 Q3 Form 10-Q Financial Statement

#000078578623000053 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PLXS
PLEXUS CORP Stock $plxs