$PLXS
PLEXUS CORP Stock $plxs

$plxs Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000078578624000033 Filed on May 03, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$991.0M	$966.9M
YoY Change	-9.66%
Cost Of Revenue	$866.3M	$878.8M
YoY Change	-10.49%
Gross Profit	$94.42M	$88.06M
YoY Change	-8.33%
Gross Profit Margin	9.53%	9.11%
Selling, General & Admin	$45.95M	$47.56M
YoY Change	-0.22%
% of Gross Profit	48.67%	54.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$19.74M	$19.37M
YoY Change	15.11%
% of Gross Profit	20.9%	22.0%
Operating Expenses	$45.95M	$47.55M
YoY Change	-0.22%
Operating Profit	$39.25M	$40.51M
YoY Change	-31.08%
Interest Expense	$7.389M	-$7.476M
YoY Change	-10.84%
% of Operating Profit	18.83%	-18.46%
Other Income/Expense, Net	-$2.568M	-$3.027M
YoY Change	59.31%
Pretax Income	$30.30M	$18.97M
YoY Change	-36.61%
Income Tax	$5.164M	$2.728M
% Of Pretax Income	17.04%	14.38%
Net Earnings	$25.14M	$16.24M
YoY Change	-38.45%
Net Earnings / Revenue	2.54%	1.68%
Basic Earnings Per Share	$0.92	$0.59
Diluted Earnings Per Share	$0.91	$0.58
COMMON SHARES
Basic Shares Outstanding	27.39M shares	27.61M shares
Diluted Shares Outstanding	27.77M shares	27.93M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$269.9M	$265.1M
YoY Change	0.08%
Cash & Equivalents	$269.9M	$265.1M
Short-Term Investments
Other Short-Term Assets	$76.92M	$70.57M
YoY Change	15.81%
Inventory	$1.434B	$1.519B
Prepaid Expenses
Receivables	$643.8M	$776.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.541B	$2.631B
YoY Change	-8.61%
LONG-TERM ASSETS
Property, Plant & Equipment	$548.7M	$556.9M
YoY Change	3.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$26.18M	$88.70M
YoY Change	-13.18%
Total Long-Term Assets	$630.0M	$645.6M
YoY Change	4.7%
TOTAL ASSETS
Total Short-Term Assets	$2.541B	$2.631B
Total Long-Term Assets	$630.0M	$645.6M
Total Assets	$3.171B	$3.277B
YoY Change	-6.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$592.6M	$627.4M
YoY Change	-18.73%
Accrued Expenses	$137.7M	$147.3M
YoY Change	-62.07%
Deferred Revenue	$736.2M	$716.2M
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$258.2M	$246.0M
YoY Change	-12.19%
Total Short-Term Liabilities	$1.725B	$1.737B
YoY Change	-10.07%
LONG-TERM LIABILITIES
Long-Term Debt	$90.72M	$192.0M
YoY Change	-51.93%
Other Long-Term Liabilities	$35.68M	$83.61M
YoY Change	39.88%
Total Long-Term Liabilities	$179.8M	$275.6M
YoY Change	-36.19%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.725B	$1.737B
Total Long-Term Liabilities	$179.8M	$275.6M
Total Liabilities	$1.905B	$2.017B
YoY Change	-13.42%
SHAREHOLDERS EQUITY
Retained Earnings	$1.782B	$1.757B
YoY Change	7.65%
Common Stock	$545.0K	$545.0K
YoY Change	0.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.266B	$1.260B
YoY Change
Total Liabilities & Shareholders Equity	$3.171B	$3.277B
YoY Change	-6.24%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$25.14M	$16.24M
YoY Change	-38.45%
Depreciation, Depletion And Amortization	$19.74M	$19.37M
YoY Change	15.11%
Cash From Operating Activities	$131.6M	$87.80M
YoY Change	24.21%
INVESTING ACTIVITIES
Capital Expenditures	$17.36M	$22.86M
YoY Change	-34.26%
Acquisitions
YoY Change
Other Investing Activities	-$207.0K	$271.0K
YoY Change	-155.5%
Cash From Investing Activities	-$17.57M	-$22.59M
YoY Change	-32.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-108.7M	-31.39M
YoY Change	87.82%
NET CHANGE
Cash From Operating Activities	131.6M	87.80M
Cash From Investing Activities	-17.57M	-22.59M
Cash From Financing Activities	-108.7M	-31.39M
Net Change In Cash	5.364M	33.81M
YoY Change	-75.68%
FREE CASH FLOW
Cash From Operating Activities	$131.6M	$87.80M
Capital Expenditures	$17.36M	$22.86M
Free Cash Flow	$114.2M	$64.94M
YoY Change	43.63%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-4635000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-86054000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1289000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-460000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-18055000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-84392000	usd
	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-11045000	usd
	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-5988000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-10169000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-7532000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	84767000	usd
CY2023Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	66340000	usd
CY2023Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	383000000	usd
	plxs	Plxs Trade Accounts Receivable Sold PlxsTradeAccountsReceivableSold	411300000	usd
	plxs	Plxs Cash Proceeds Received From Accounts Receivable Sold PlxsCashProceedsReceivedFromAccountsReceivableSold	432100000	usd
	plxs	Plxs Cash Proceeds Received From Accounts Receivable Sold PlxsCashProceedsReceivedFromAccountsReceivableSold	406500000	usd
CY2023Q3	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.plexus.com/20240330#LongTermDebtAndFinanceLeaseObligationsCurrent
CY2024Q1	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.plexus.com/20240330#LongTermDebtAndFinanceLeaseObligationsCurrent
CY2023Q3	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent
CY2024Q1	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://www.plexus.com/20240330#LongTermDebtAndFinanceLeaseObligations
CY2023Q3	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://www.plexus.com/20240330#LongTermDebtAndFinanceLeaseObligations
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-47850000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	33910000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	19505000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3007000	usd
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-10249000	usd
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-8064000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-45567000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-23067000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	57156000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	51516000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	49491000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-336000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1876000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-51180000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-47615000	usd
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	329000000	usd
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	354000000	usd
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	326240000	usd
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	336267000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	17568000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	23877000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	203000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	12280000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	8440000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	256654000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	275470000	usd
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Reclassification:</span></div>Certain prior year amounts in the consolidated financial statements and notes thereto have been reclassified related to advanced payments from customers to conform to the current year's presentation.
CY2024Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	1378789000	usd
CY2023Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	1409638000	usd
CY2024Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	50745000	usd
CY2024Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	89195000	usd
CY2023Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	86059000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	1518729000	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	1562037000	usd
CY2024Q1	plxs	Finance Lease Obligations FinanceLeaseObligations	49988000	usd
CY2023Q3	plxs	Finance Lease Obligations FinanceLeaseObligations	49233000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	999000	usd
CY2023Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1175000	usd
CY2024Q1	plxs	Long Term Debt And Finance Lease Obligations Including Current Maturities LongTermDebtAndFinanceLeaseObligationsIncludingCurrentMaturities	437989000	usd
CY2023Q3	plxs	Long Term Debt And Finance Lease Obligations Including Current Maturities LongTermDebtAndFinanceLeaseObligationsIncludingCurrentMaturities	431058000	usd
CY2024Q1	plxs	Long Term Debt And Finance Lease Obligations Current LongTermDebtAndFinanceLeaseObligationsCurrent	245964000	usd
CY2023Q3	plxs	Long Term Debt And Finance Lease Obligations Current LongTermDebtAndFinanceLeaseObligationsCurrent	240205000	usd
CY2024Q1	plxs	Long Term Debt And Finance Lease Obligations LongTermDebtAndFinanceLeaseObligations	192025000	usd
CY2023Q3	plxs	Long Term Debt And Finance Lease Obligations LongTermDebtAndFinanceLeaseObligations	190853000	usd
CY2024Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	383600000	usd
CY2023Q3	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	374300000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	389000000	usd
	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	1800000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2700000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	8400000	usd
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14200000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.144
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.155
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.146
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.146
CY2024Q1	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	1000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	16239000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	40844000	usd
	us-gaap	Net Income Loss NetIncomeLoss	45454000	usd
	us-gaap	Net Income Loss NetIncomeLoss	83034000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27542000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27661000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27513000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27650000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	387000	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	523000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	469000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	623000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27929000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28184000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27982000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28273000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.59
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.48
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.65
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.00
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.58
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.45
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.62
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.94
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1506000	usd
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1952000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	3024000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	3566000	usd
CY2024Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	1375000	usd
CY2023Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	1260000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	2697000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	2532000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	2652000	usd
CY2023Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	2736000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	5270000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	5342000	usd
CY2024Q1	plxs	Other Lease Expense OtherLeaseExpense	1165000	usd
CY2023Q2	plxs	Other Lease Expense OtherLeaseExpense	1830000	usd
	plxs	Other Lease Expense OtherLeaseExpense	3227000	usd
	plxs	Other Lease Expense OtherLeaseExpense	3596000	usd
CY2024Q1	plxs	Lease Expense LeaseExpense	6698000	usd
CY2023Q2	plxs	Lease Expense LeaseExpense	7778000	usd
	plxs	Lease Expense LeaseExpense	14218000	usd
	plxs	Lease Expense LeaseExpense	15036000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	38308000	usd
CY2023Q3	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	37391000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	63106000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	69363000	usd
CY2024Q1	plxs	Lease Assets LeaseAssets	101414000	usd
CY2023Q3	plxs	Lease Assets LeaseAssets	106754000	usd
CY2024Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	4574000	usd
CY2023Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	4034000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	8281000	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	8363000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	40751000	usd
CY2023Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	39271000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	33915000	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	38552000	usd
CY2024Q1	plxs	Lease Liability LeaseLiability	87521000	usd
CY2023Q3	plxs	Lease Liability LeaseLiability	90220000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	14600000	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7100000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	12400000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5900000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11700000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2024Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	966900000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	1070823000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	1949507000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	2164748000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	29470000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	56942000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	74628000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	114283000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	8293000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	8287000	usd
	us-gaap	Interest Expense InterestExpense	15910000	usd
	us-gaap	Interest Expense InterestExpense	15181000	usd
CY2024Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	817000	usd
CY2023Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	759000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	1625000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	1693000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3027000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1612000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6529000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3556000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	18967000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	47802000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	53814000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	97239000	usd
CY2024Q1	us-gaap	Assets Assets	3276657000	usd
CY2023Q3	us-gaap	Assets Assets	3321172000	usd
CY2023Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	5821000	usd
CY2022Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6925000	usd
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1726000	usd
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1254000	usd
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	476000	usd
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2243000	usd
CY2024Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	7071000	usd
CY2023Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	5936000	usd
CY2024Q1	plxs	Plxs Trade Accounts Receivable Sold PlxsTradeAccountsReceivableSold	213800000	usd
CY2023Q2	plxs	Plxs Trade Accounts Receivable Sold PlxsTradeAccountsReceivableSold	225700000	usd
CY2024Q1	plxs	Plxs Cash Proceeds Received From Accounts Receivable Sold PlxsCashProceedsReceivedFromAccountsReceivableSold	211100000	usd
CY2023Q2	plxs	Plxs Cash Proceeds Received From Accounts Receivable Sold PlxsCashProceedsReceivedFromAccountsReceivableSold	222900000	usd
	plxs	Plxs Trade Accounts Receivable Sold PlxsTradeAccountsReceivableSold	437400000	usd
CY2024Q1	us-gaap	Derecognized Assets Securitized Or Assetbacked Financing Arrangement Assets And Any Other Financial Assets Managed Together Principal Amount Outstanding DerecognizedAssetsSecuritizedOrAssetbackedFinancingArrangementAssetsAndAnyOtherFinancialAssetsManagedTogetherPrincipalAmountOutstanding	217800000	usd
CY2023Q3	us-gaap	Derecognized Assets Securitized Or Assetbacked Financing Arrangement Assets And Any Other Financial Assets Managed Together Principal Amount Outstanding DerecognizedAssetsSecuritizedOrAssetbackedFinancingArrangementAssetsAndAnyOtherFinancialAssetsManagedTogetherPrincipalAmountOutstanding	220500000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	997536000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1096870000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2005655000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2217809000	usd
CY2023Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	142297000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	138540000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	1625857000	usd
	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	1743054000	usd
	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-1636980000	usd
	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-1748565000	usd
CY2024Q1	us-gaap	Deferred Revenue DeferredRevenue	165300000	usd
CY2023Q3	us-gaap	Deferred Revenue DeferredRevenue	158700000	usd
	us-gaap	Restructuring Charges RestructuringCharges	11000000	usd
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	11000000	usd
CY2023Q2	us-gaap	Restructuring Charges RestructuringCharges	0	usd
	us-gaap	Restructuring Charges RestructuringCharges	0	usd
CY2024Q1	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	-1200000	usd
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	-1200000	usd
CY2023Q4	us-gaap	Restructuring Reserve RestructuringReserve	0	usd
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	11038000	usd
CY2024Q1	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-3375000	usd
CY2024Q1	us-gaap	Restructuring Reserve RestructuringReserve	7663000	usd

Files In Submission

Name	View Source	Status
0000785786-24-000033-index-headers.html	Edgar Link	pending
0000785786-24-000033-index.html	Edgar Link	pending
0000785786-24-000033.txt	Edgar Link	pending
0000785786-24-000033-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
plxs-20240330.htm	Edgar Link	pending
plxs-20240330.xsd	Edgar Link	pending
plxs-20240330_g1.gif	Edgar Link	pending
plxsf2410-qq2exhibit311.htm	Edgar Link	pending
plxsf2410-qq2exhibit312.htm	Edgar Link	pending
plxsf2410-qq2exhibit321.htm	Edgar Link	pending
plxsf2410-qq2exhibit322.htm	Edgar Link	pending
plxsf2410-qq2exhibit991.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
plxs-20240330_def.xml	Edgar Link	unprocessable
plxs-20240330_lab.xml	Edgar Link	unprocessable
plxs-20240330_htm.xml	Edgar Link	completed
R20.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
plxs-20240330_cal.xml	Edgar Link	unprocessable
plxs-20240330_pre.xml	Edgar Link	unprocessable

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$PLXS
PLEXUS CORP Stock $plxs

2024 Q2 Form 10-Q Financial Statement

#000078578624000033 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PLXS PLEXUS CORP Stock $plxs

2024 Q2 Form 10-Q Financial Statement

#000078578624000033 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PLXS
PLEXUS CORP Stock $plxs