Sanmina Reports Fourth Quarter And Fiscal Year End Results

 

Condensed Consolidated Statements of Income

(in thousands, except per share amounts)

(GAAP)

(Unaudited)












Three Months Ended


Twelve Months Ended












Sept. 27,


Sept. 28,


Sept. 27,


Sept. 28,



2014


2013


2014


2013










Net sales

$ 1,686,169


$ 1,505,323


$ 6,215,106


$  5,917,124

Cost of sales

1,554,551


1,389,989


5,726,823


5,490,307


Gross profit

131,618


115,334


488,283


426,817










Operating expenses:









Selling, general and administrative

57,745


57,130


242,288


238,072


Research and development

7,932


7,395


32,495


25,571


Amortization of intangible assets

425


474


1,798


1,896


Restructuring and integration costs 

3,979


4,647


12,550


24,910


Asset impairments

-


1,000


-


2,100


Gain on sales of long-lived assets

-


-


(530)


(23,361)


     Total operating expenses

70,081


70,646


288,601


269,188










Operating income

61,537


44,688


199,682


157,629











Interest income

343


179


1,533


1,014


Interest expense 

(7,410)


(8,560)


(30,804)


(41,004)


Other expense, net

(4,075)


2,204


(8,672)


(14,233)

Interest and other, net

(11,142)


(6,177)


(37,943)


(54,223)










Income before income taxes

50,395


38,511


161,739


103,406










Provision for (benefit from) income taxes 

(82,108)


(290)


(35,426)


24,055










Net income

$    132,503


$      38,801


$    197,165


$       79,351




















Basic income per share

$          1.61


$          0.46


$          2.38


$           0.96


Diluted income per share

$          1.52


$          0.44


$          2.27


$           0.93











Weighted-average shares used in computing 









per share amounts:









  Basic

82,528


83,790


82,872


82,834


  Diluted

86,997


87,201


86,731


85,403


« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
More Editorial  
Jobs
Senior FPGA Designer for Fidus Electronic Product Development at Fremont, CA
Test Development Engineer(Job Number: 17001697) for Global Foundaries at Santa Clara, CA
Lead Java Platform Engineer IOT-WEB for EDA Careers at San Francisco Area, CA
Engr, Elec Des 2 for KLA-Tencor at Milpitas, CA
Timing Design Engineer(Job Number: 17001757) for Global Foundaries at Santa Clara, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Upcoming Events
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 2017
DVCon 2017 China, April 19, 2017, Parkyard Hotel Shanghai, China at Parkyard Hotel Shanghai Shanghai China - Apr 19, 2017
Zuken Innovation World 2017 at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy