10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000897723-15-000005 |
| Period End Date | 20141231 |
| Filing Date | 20150130 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | sanm-20141227.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$10.07M | USD | Point-in-time |
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$10.28M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$466.61M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$391.15M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$402.88M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$407.05M | USD | Point-in-time |
| Accounts receivable, net of allowances of $10,068 and $10,278 as of December 27, 2014 and September 27, 2014, respectively |
AccountsAndOtherReceivablesNetCurrent
|
$979.48M | USD | Point-in-time |
| Accounts receivable, net of allowances of $10,068 and $10,278 as of December 27, 2014 and September 27, 2014, respectively |
AccountsAndOtherReceivablesNetCurrent
|
$972.96M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$893.18M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$907.74M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$109.66M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$111.71M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.38B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.45B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$563.02M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$564.56M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$299.10M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$279.67M | USD | Point-in-time |
| Total assets |
Assets
|
$3.23B | USD | Point-in-time |
| Total assets |
Assets
|
$3.31B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.14B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.08B | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$110.36M | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$110.00M | USD | Point-in-time |
| Accrued payroll and related benefits |
EmployeeRelatedLiabilitiesCurrent
|
$118.47M | USD | Point-in-time |
| Accrued payroll and related benefits |
EmployeeRelatedLiabilitiesCurrent
|
$126.54M | USD | Point-in-time |
| Short-term debt, including current portion of long-term debt |
DebtCurrent
|
$157.39M | USD | Point-in-time |
| Short-term debt, including current portion of long-term debt |
DebtCurrent
|
$63.42M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.53B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.37B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$426.87M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$386.68M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$145.52M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$144.94M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$571.80M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$532.20M | USD | Point-in-time |
| Commitments and contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.28B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.25B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.31B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.23B | USD | Point-in-time |
Income Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$1.67B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.45B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$1.34B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$1.54B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$126.35M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$110.78M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$59.18M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$59.42M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$8.07M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$7.91M | USD | 1 Quarter |
| Restructuring costs |
RestructuringCharges
|
$3.70M | USD | 1 Quarter |
| Restructuring costs |
RestructuringCharges
|
$3.00M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$474.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$425.00K | USD | 1 Quarter |
| Asset impairments |
OtherAssetImpairmentCharges
|
- | USD | 1 Quarter |
| Asset impairments |
OtherAssetImpairmentCharges
|
$1.95M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$72.87M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$71.27M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$39.52M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$53.48M | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$806.00K | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$289.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$7.47M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.44M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-1.53M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$878.00K | USD | 1 Quarter |
| Interest and other, net |
NonoperatingIncomeExpense
|
$-7.68M | USD | 1 Quarter |
| Interest and other, net |
NonoperatingIncomeExpense
|
$-5.79M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$45.80M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$33.73M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$23.15M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$10.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$23.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.66M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.27 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.28 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.26 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.26 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
83.77M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
82.55M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
86.68M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
87.26M | shares | 1 Quarter |
Cash Flow Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$23.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.66M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$23.36M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$24.66M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$5.72M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$4.28M | USD | 1 Quarter |
| Benefit from doubtful accounts, product returns and other sales adjustments |
ProvisionForBenefitFromDoubtfulAccountsProductReturnsAndOtherSalesAdjustments
|
$-210.00K | USD | 1 Quarter |
| Benefit from doubtful accounts, product returns and other sales adjustments |
ProvisionForBenefitFromDoubtfulAccountsProductReturnsAndOtherSalesAdjustments
|
$-539.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$872.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$10.74M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-2.91M | USD | 1 Quarter |
| Gain on sales of assets, net |
GainLossOnSaleOfProperties
|
$159.00K | USD | 1 Quarter |
| Gain on sales of assets, net |
GainLossOnSaleOfProperties
|
$163.00K | USD | 1 Quarter |
| Asset impairments |
OtherAssetImpairmentCharges
|
- | USD | 1 Quarter |
| Asset impairments |
OtherAssetImpairmentCharges
|
$1.95M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-3.00K | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-71.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-28.77M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-3.94M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$4.16M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$17.04M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$5.58M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.79M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-55.21M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-37.13M | USD | 1 Quarter |
| Accrued liabilities and other long-term liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$5.44M | USD | 1 Quarter |
| Accrued liabilities and other long-term liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-8.85M | USD | 1 Quarter |
| Cash provided by (used in ) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-6.17M | USD | 1 Quarter |
| Cash provided by (used in ) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$38.24M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$28.71M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$13.61M | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$164.00K | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$932.00K | USD | 1 Quarter |
| Cash paid for business combinations |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$57.66M | USD | 1 Quarter |
| Cash paid for business combinations |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-27.78M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-71.10M | USD | 1 Quarter |
| Repayments of long-term debt |
EarlyRepaymentOfSeniorDebt
|
$105.25M | USD | 1 Quarter |
| Repayments of long-term debt |
EarlyRepaymentOfSeniorDebt
|
- | USD | 1 Quarter |
| Proceeds from short-term borrowings |
ProceedsFromShortTermDebt
|
- | USD | 1 Quarter |
| Proceeds from short-term borrowings |
ProceedsFromShortTermDebt
|
$21.45M | USD | 1 Quarter |
| Repayments of short-term borrowings |
RepaymentsOfShortTermDebt
|
$19.93M | USD | 1 Quarter |
| Repayments of short-term borrowings |
RepaymentsOfShortTermDebt
|
$10.22M | USD | 1 Quarter |
| Proceeds from revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$185.00M | USD | 1 Quarter |
| Proceeds from revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$617.50M | USD | 1 Quarter |
| Repayments of revolving credit facility borrowings |
RepaymentsOfLinesOfCredit
|
$557.50M | USD | 1 Quarter |
| Repayments of revolving credit facility borrowings |
RepaymentsOfLinesOfCredit
|
$125.00M | USD | 1 Quarter |
| Proceeds from terminations of interest rate swaps |
Proceedsfromterminationsofinterestrateswaps
|
- | USD | 1 Quarter |
| Proceeds from terminations of interest rate swaps |
Proceedsfromterminationsofinterestrateswaps
|
$3.26M | USD | 1 Quarter |
| Net proceeds from stock issuances |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$1.13M | USD | 1 Quarter |
| Net proceeds from stock issuances |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$11.85M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$25.62M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$1.16M | USD | 1 Quarter |
| Cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-41.52M | USD | 1 Quarter |
| Cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$37.03M | USD | 1 Quarter |
| Effect of exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$10.00K | USD | 1 Quarter |
| Effect of exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$10.00K | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$4.18M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-75.46M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$466.61M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$391.15M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$402.88M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$407.05M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$466.61M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$391.15M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$402.88M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$407.05M | USD | Point-in-time |
| Interest, net of capitalized interest |
InterestPaidNet
|
$9.05M | USD | 1 Quarter |
| Interest, net of capitalized interest |
InterestPaidNet
|
$9.26M | USD | 1 Quarter |
| Income taxes, net of refunds |
IncomeTaxesPaidNet
|
$3.08M | USD | 1 Quarter |
| Income taxes, net of refunds |
IncomeTaxesPaidNet
|
$3.46M | USD | 1 Quarter |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$23.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.66M | USD | 1 Quarter |
| Change in foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.82M | USD | 1 Quarter |
| Change in foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-4.86M | USD | 1 Quarter |
| Change in net unrealized amount |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$386.00K | USD | 1 Quarter |
| Change in net unrealized amount |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-1.40M | USD | 1 Quarter |
| Amount reclassified into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
$37.00K | USD | 1 Quarter |
| Amount reclassified into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
$-1.44M | USD | 1 Quarter |
| Changes in unrecognized net actuarial loss and unrecognized transition cost |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$-275.00K | USD | 1 Quarter |
| Changes in unrecognized net actuarial loss and unrecognized transition cost |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$154.00K | USD | 1 Quarter |
| Amortization of actuarial losses and transition costs |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$336.00K | USD | 1 Quarter |
| Amortization of actuarial losses and transition costs |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$419.00K | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-4.21M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.21M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$21.89M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$18.45M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.