10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000897723-16-000032 |
| Period End Date | 20151231 |
| Filing Date | 20160129 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | sanm-20160102.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$13.47M | USD | Point-in-time |
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$13.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$391.15M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$398.45M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$466.61M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$412.25M | USD | Point-in-time |
| Accounts receivable, net of allowances of $13,470 and $13,439 as of January 2, 2016 and October 3, 2015, respectively |
AccountsAndOtherReceivablesNetCurrent
|
$936.95M | USD | Point-in-time |
| Accounts receivable, net of allowances of $13,470 and $13,439 as of January 2, 2016 and October 3, 2015, respectively |
AccountsAndOtherReceivablesNetCurrent
|
$930.46M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$918.73M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$896.12M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$55.05M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$55.41M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.32B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.28B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$585.77M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$590.84M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$484.99M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$497.61M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$81.83M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$80.03M | USD | Point-in-time |
| Total assets |
Assets
|
$3.49B | USD | Point-in-time |
| Total assets |
Assets
|
$3.43B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.01B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.04B | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$111.42M | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$105.12M | USD | Point-in-time |
| Accrued payroll and related benefits |
EmployeeRelatedLiabilitiesCurrent
|
$120.40M | USD | Point-in-time |
| Accrued payroll and related benefits |
EmployeeRelatedLiabilitiesCurrent
|
$103.31M | USD | Point-in-time |
| Short-term debt, including current portion of long-term debt |
DebtCurrent
|
$89.42M | USD | Point-in-time |
| Short-term debt, including current portion of long-term debt |
DebtCurrent
|
$113.42M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.38B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.31B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$424.10M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$423.95M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$168.00M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$168.29M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$592.10M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$592.24M | USD | Point-in-time |
| Commitments and contingencies (Note 5) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 5) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.52B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.53B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.49B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.43B | 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
|
$1.53B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$1.41B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$1.54B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$126.35M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$123.64M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$57.69M | 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
|
$9.65M | USD | 1 Quarter |
| Restructuring costs |
RestructuringCharges
|
$3.00M | USD | 1 Quarter |
| Restructuring costs |
RestructuringCharges
|
$553.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$425.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$692.00K | USD | 1 Quarter |
| Asset impairments |
OtherAssetImpairmentCharges
|
$1.95M | USD | 1 Quarter |
| Asset impairments |
OtherAssetImpairmentCharges
|
$1.00M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$69.58M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$72.87M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$53.48M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$54.05M | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$148.00K | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$289.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.44M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.88M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-1.53M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-218.00K | USD | 1 Quarter |
| Interest and other, net |
NonoperatingIncomeExpense
|
$-7.68M | USD | 1 Quarter |
| Interest and other, net |
NonoperatingIncomeExpense
|
$-5.95M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$48.10M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$45.80M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$20.97M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$23.15M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.66M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$27.14M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.35 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.27 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.26 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.33 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
77.92M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
82.55M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
86.68M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
81.20M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$22.66M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$27.14M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$25.75M | 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
|
$4.05M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$10.74M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$12.33M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$4.43M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$1.27M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-5.85M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-3.94M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-22.51M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$17.04M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.79M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-429.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-12.56M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-55.21M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-24.11M | USD | 1 Quarter |
| Accrued 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
|
$62.66M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$28.71M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$28.91M | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$932.00K | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$202.00K | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-27.78M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-28.71M | USD | 1 Quarter |
| Repayments of long-term debt |
EarlyRepaymentOfSeniorDebt
|
$105.25M | USD | 1 Quarter |
| Repayments of long-term debt |
EarlyRepaymentOfSeniorDebt
|
- | USD | 1 Quarter |
| Repayments of short-term borrowings |
RepaymentsOfShortTermDebt
|
$10.22M | USD | 1 Quarter |
| Repayments of short-term borrowings |
RepaymentsOfShortTermDebt
|
- | USD | 1 Quarter |
| Proceeds from revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$770.50M | 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
|
$794.50M | USD | 1 Quarter |
| Proceeds from termination of interest rate swap |
Proceedsfromterminationsofinterestrateswaps
|
- | USD | 1 Quarter |
| Proceeds from termination of interest rate swap |
Proceedsfromterminationsofinterestrateswaps
|
$3.26M | USD | 1 Quarter |
| Net proceeds from stock issuances |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$4.31M | USD | 1 Quarter |
| Net proceeds from stock issuances |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$10.69M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$28.69M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-48.38M | USD | 1 Quarter |
| Cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-41.52M | USD | 1 Quarter |
| Effect of exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$10.00K | USD | 1 Quarter |
| Effect of exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$626.00K | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-13.81M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-75.46M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$391.15M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$398.45M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$466.61M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$412.25M | 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
|
$398.45M | 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
|
$412.25M | USD | Point-in-time |
| Interest, net of capitalized interest |
InterestPaidNet
|
$8.96M | USD | 1 Quarter |
| Interest, net of capitalized interest |
InterestPaidNet
|
$9.05M | USD | 1 Quarter |
| Income taxes, net of refunds |
IncomeTaxesPaidNet
|
$9.34M | 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
|
$22.66M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$27.14M | USD | 1 Quarter |
| Change in foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-4.86M | USD | 1 Quarter |
| Change in foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-891.00K | USD | 1 Quarter |
| Change in net unrealized amount |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-1.40M | USD | 1 Quarter |
| Change in net unrealized amount |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$364.00K | USD | 1 Quarter |
| Amount reclassified into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
$-1.44M | USD | 1 Quarter |
| Amount reclassified into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
$295.00K | USD | 1 Quarter |
| Changes in unrecognized net actuarial loss and unrecognized transition cost |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$-375.00K | USD | 1 Quarter |
| Changes in unrecognized net actuarial loss and unrecognized transition cost |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$-275.00K | USD | 1 Quarter |
| Amortization of actuarial losses and transition costs |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$422.00K | USD | 1 Quarter |
| Amortization of actuarial losses and transition costs |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$336.00K | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-4.21M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-25.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$18.45M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$27.11M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.