$SANM
SANMINA CORP Stock $sanm

$sanm Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000089772316000032 Filed on January 29, 2016

Income Statement

Concept	2016 Q1	2014 Q4
Revenue	$1.535B	$1.671B
YoY Change	0.47%	15.45%
Cost Of Revenue	$1.411B	$1.545B
YoY Change	-0.08%	15.57%
Gross Profit	$123.6M	$126.3M
YoY Change	7.27%	14.05%
Gross Profit Margin	8.06%	7.56%
Selling, General & Admin	$57.69M	$59.42M
YoY Change	1.17%	0.4%
% of Gross Profit	46.66%	47.03%
Research & Development	$9.647M	$8.069M
YoY Change	27.62%	2.07%
% of Gross Profit	7.8%	6.39%
Depreciation & Amortization	$25.75M	$24.66M
YoY Change	3.83%	5.55%
% of Gross Profit	20.83%	19.51%
Operating Expenses	$69.59M	$72.87M
YoY Change	6.06%	2.25%
Operating Profit	$54.05M	$53.48M
YoY Change	8.86%	35.32%
Interest Expense	$5.878M	$6.437M
YoY Change	-5.15%	-13.86%
% of Operating Profit	10.87%	12.04%
Other Income/Expense, Net	-$5.948M	-$7.676M
YoY Change	-5.54%	32.6%
Pretax Income	$48.11M	$45.80M
YoY Change	10.96%	35.79%
Income Tax	$20.97M	$23.15M
% Of Pretax Income	43.59%	50.54%
Net Earnings	$27.14M	$22.66M
YoY Change	84.01%	-1.93%
Net Earnings / Revenue	1.77%	1.36%
Basic Earnings Per Share	$0.35	$0.27
Diluted Earnings Per Share	$0.33	$0.26
COMMON SHARES
Basic Shares Outstanding	77.92M shares	82.55M shares
Diluted Shares Outstanding	81.21M shares	86.68M shares

Balance Sheet

Concept	2016 Q1	2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$398.0M	$391.0M
YoY Change	-2.45%	-3.93%
Cash & Equivalents	$398.4M	$391.1M
Short-Term Investments
Other Short-Term Assets	$55.00M	$110.0M
YoY Change	-46.6%	25.0%
Inventory	$896.1M	$907.7M
Prepaid Expenses
Receivables	$930.0M	$973.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.280B	$2.382B
YoY Change	-0.44%	8.06%
LONG-TERM ASSETS
Property, Plant & Equipment	$585.8M	$564.6M
YoY Change	6.0%	0.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$80.03M	$279.7M
YoY Change	-70.72%	6.01%
Total Long-Term Assets	$1.151B	$844.2M
YoY Change	39.34%	2.17%
TOTAL ASSETS
Total Short-Term Assets	$2.280B	$2.382B
Total Long-Term Assets	$1.151B	$844.2M
Total Assets	$3.431B	$3.226B
YoY Change	10.1%	6.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.014B	$1.080B
YoY Change	-0.09%	16.75%
Accrued Expenses	$208.0M	$228.0M
YoY Change	-2.35%	1.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$89.00M	$63.00M
YoY Change	106.98%	-25.0%
Total Short-Term Liabilities	$1.312B	$1.372B
YoY Change	3.17%	10.65%
LONG-TERM LIABILITIES
Long-Term Debt	$424.1M	$426.9M
YoY Change	-0.69%	-23.86%
Other Long-Term Liabilities	$168.0M	$144.9M
YoY Change	19.19%	6.46%
Total Long-Term Liabilities	$592.1M	$571.8M
YoY Change	4.24%	-17.93%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.312B	$1.372B
Total Long-Term Liabilities	$592.1M	$571.8M
Total Liabilities	$1.904B	$1.944B
YoY Change	3.5%	0.37%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.527B	$1.282B
YoY Change
Total Liabilities & Shareholders Equity	$3.431B	$3.226B
YoY Change	10.1%	6.45%

Cashflow Statement

Concept	2016 Q1	2014 Q4
OPERATING ACTIVITIES
Net Income	$27.14M	$22.66M
YoY Change	84.01%	-1.93%
Depreciation, Depletion And Amortization	$25.75M	$24.66M
YoY Change	3.83%	5.55%
Cash From Operating Activities	$62.70M	-$6.200M
YoY Change	-10.17%	-116.23%
INVESTING ACTIVITIES
Capital Expenditures	$28.91M	$28.71M
YoY Change	-227.92%	110.98%
Acquisitions		$0.00
YoY Change		-100.0%
Other Investing Activities	$200.0K	$900.0K
YoY Change	-96.61%	-101.57%
Cash From Investing Activities	-$28.70M	-$27.80M
YoY Change	71.86%	-60.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$28.69M	$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-48.40M	-41.50M
YoY Change	29.76%	-212.16%
NET CHANGE
Cash From Operating Activities	62.70M	-6.200M
Cash From Investing Activities	-28.70M	-27.80M
Cash From Financing Activities	-48.40M	-41.50M
Net Change In Cash	-14.40M	-75.50M
YoY Change	-191.14%	-1941.46%
FREE CASH FLOW
Cash From Operating Activities	$62.70M	-$6.200M
Capital Expenditures	$28.91M	$28.71M
Free Cash Flow	$33.79M	-$34.91M
YoY Change	-63.43%	-241.94%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	SANMINA CORP
CY2016Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014Q4	sanm	Numberofcustomersrepresenting10ormoreofnetsales Numberofcustomersrepresenting10ormoreofnetsales	0
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--10-01
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-01-02
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000897723
CY2016Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	77183780	shares
CY2016Q1	sanm	Numberofcustomersrepresenting10ormoreofnetsales Numberofcustomersrepresenting10ormoreofnetsales	0
CY2014Q4	sanm	Percentage Of Net Sales Represented By Ten Largest Customers PercentageOfNetSalesRepresentedByTenLargestCustomers	0.500
CY2016Q1	sanm	Percentage Of Net Sales Represented By Ten Largest Customers PercentageOfNetSalesRepresentedByTenLargestCustomers	0.482
CY2014Q4	sanm	Proceedsfromterminationsofinterestrateswaps Proceedsfromterminationsofinterestrateswaps	3258000	USD
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CY2016Q1	sanm	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested And Expected To Vest Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedAndExpectedToVestNumber	1889000	shares
CY2016Q1	sanm	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested And Expected To Vest Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedAndExpectedToVestWeightedAverageGrantDateFairValue	16.55
CY2016Q1	sanm	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested And Expected To Vest Weighted Average Remaining Contractual Term ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedAndExpectedToVestWeightedAverageRemainingContractualTerm	P1Y3M15D
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CY2016Q1	sanm	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises Cancellations Forfeitures And Expirations Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesCancellationsForfeituresAndExpirationsWeightedAverageExercisePrice	12.82
CY2016Q1	sanm	Share Based Compensation Arrangement By Share Based Payment Award Restricted Stock Nonvested And Expected To Vest Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockNonvestedAndExpectedToVestAggregateIntrinsicValue	38752000	USD
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CY2014Q4	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	-275000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	-375000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1441000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	295000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	336000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	422000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-1398000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	364000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	111416000	USD
CY2016Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	105118000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	168287000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	168001000	USD
CY2014Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1528000	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-218000	USD
CY2015Q4	us-gaap	Other Notes Payable OtherNotesPayable	12365000	USD
CY2016Q1	us-gaap	Other Notes Payable OtherNotesPayable	12516000	USD
CY2014Q4	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	4427000	USD
CY2016Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1270000	USD
CY2014Q4	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	28694000	USD
CY2014Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	28708000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	28910000	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	55047000	USD
CY2016Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	55409000	USD
CY2014Q4	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	10690000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	4310000	USD
CY2014Q4	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	617500000	USD
CY2016Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	770500000	USD
CY2014Q4	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	932000	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	202000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	590844000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	585771000	USD
CY2014Q4	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	557500000	USD
CY2016Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	794500000	USD
CY2014Q4	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	10221000	USD
CY2016Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	0	USD
CY2014Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8069000	USD
CY2016Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	9647000	USD
CY2014Q4	us-gaap	Restructuring Charges RestructuringCharges	3000000	USD
CY2016Q1	us-gaap	Restructuring Charges RestructuringCharges	553000	USD
CY2014Q4	us-gaap	Sales Revenue Net SalesRevenueNet	1671162000	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	1534714000	USD
CY2014Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	59418000	USD
CY2016Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	57693000	USD
CY2014Q4	us-gaap	Share Based Compensation ShareBasedCompensation	5717000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4052000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	1045000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	23.26
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	2979000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	3919000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	16.52
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	18.44
CY2015	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	P1Y6M7D
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	P1Y9M25D
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1600000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	5681000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	12.31
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	1000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	53938000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	52710000	USD
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	7033000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	6602000	shares
CY2015	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P4Y11M7D
CY2016Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P4Y8M20D
CY2016Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P4Y7M30D
CY2014Q4	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	47000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	13.05
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	13.06
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	52476000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	6533000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	13.00
CY2016Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	23.77
CY2016Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	48487000	USD
CY2016Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P4Y2M5D
CY2016Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	20000	shares
CY2016Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	175200000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	1520471000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	1527254000	USD
CY2016Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1400000	shares
CY2016Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	28700000	USD
CY2014Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	4134000	shares
CY2016Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3284000	shares
CY2014Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	86682000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	81205000	shares
CY2014Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82548000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77921000	shares
CY2016Q1	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements of Sanmina Corporation (the “Company”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and note disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been omitted pursuant to those rules or regulations. The interim condensed consolidated financial statements are unaudited, but reflect all adjustments, consisting only of normal recurring adjustments, that are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended </font><font style="font-family:inherit;font-size:10pt;">October 3, 2015</font><font style="font-family:inherit;font-size:10pt;">, included in the Company's </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> Annual Report on Form 10-K. </font></div></div>
CY2016Q1	us-gaap	Fiscal Period FiscalPeriod	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates on a 52 or 53 week year ending on the Saturday nearest September 30. Fiscal 2015 was a 53-week year, with the extra week in the fourth fiscal quarter, and fiscal 2016 will be a 52-week year. All references to years relate to fiscal years unless otherwise noted.</font></div></div>
CY2016Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements requires management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Results of operations for the </font><font style="font-family:inherit;font-size:10pt;">first quarter of 2016</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the full fiscal year.</font></div></div>

Files In Submission

Name	View Source	Status
0000897723-16-000032-index-headers.html	Edgar Link	pending
0000897723-16-000032-index.html	Edgar Link	pending
0000897723-16-000032.txt	Edgar Link	pending
0000897723-16-000032-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
sanm-20160102.xml	Edgar Link	completed
sanm-20160102.xsd	Edgar Link	pending
sanm-20160102_cal.xml	Edgar Link	unprocessable
sanm-20160102_def.xml	Edgar Link	unprocessable
sanm-20160102_lab.xml	Edgar Link	unprocessable
sanm-20160102_pre.xml	Edgar Link	unprocessable
sanmina_ex311x20160102.htm	Edgar Link	pending
sanmina_ex312x20160102.htm	Edgar Link	pending
sanmina_ex321x20160102.htm	Edgar Link	pending
sanmina_ex322x20160102.htm	Edgar Link	pending
sanmina_january22016x10q.htm	Edgar Link	pending
Show.js	Edgar Link	pending

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$SANM
SANMINA CORP Stock $sanm

2016 Q1 Form 10-Q Financial Statement

#000089772316000032 Filed on January 29, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SANM SANMINA CORP Stock $sanm

2016 Q1 Form 10-Q Financial Statement

#000089772316000032 Filed on January 29, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SANM
SANMINA CORP Stock $sanm