10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000897723-19-000013 |
| Period End Date | 20181231 |
| Filing Date | 20190207 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | sanm-20181229.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$12.91M | USD | Point-in-time |
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$12.21M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$406.66M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$404.91M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$419.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$409.29M | USD | Point-in-time |
| Accounts receivable, net of allowances of $12,915 and $12,211 as of December 29, 2018 and September 29, 2018, respectively |
AccountsAndOtherReceivablesNetCurrent
|
$1.18B | USD | Point-in-time |
| Accounts receivable, net of allowances of $12,915 and $12,211 as of December 29, 2018 and September 29, 2018, respectively |
AccountsAndOtherReceivablesNetCurrent
|
$1.34B | USD | Point-in-time |
| Contract assets |
ContractWithCustomerAssetNetCurrent
|
- | USD | Point-in-time |
| Contract assets |
ContractWithCustomerAssetNetCurrent
|
$419.48M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.37B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.05B | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$46.30M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$43.68M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$3.27B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$3.01B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$643.52M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$642.91M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$323.93M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$344.12M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$83.67M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$75.63M | USD | Point-in-time |
| Total assets |
Assets
|
$4.32B | USD | Point-in-time |
| Total assets |
Assets
|
$4.09B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.55B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.53B | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$215.22M | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$136.43M | USD | Point-in-time |
| Accrued payroll and related benefits |
EmployeeRelatedLiabilitiesCurrent
|
$117.63M | USD | Point-in-time |
| Accrued payroll and related benefits |
EmployeeRelatedLiabilitiesCurrent
|
$124.75M | USD | Point-in-time |
| Short-term debt, including current portion of long-term debt |
DebtCurrent
|
$593.32M | USD | Point-in-time |
| Short-term debt, including current portion of long-term debt |
DebtCurrent
|
$708.36M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.40B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.57B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$14.35M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$14.36M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$196.05M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$196.74M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$211.10M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$210.39M | USD | Point-in-time |
| Contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.53B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.65B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.47B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$1.50B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$4.09B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$4.32B | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$2.19B | USD | 1 Quarter |
| Net sales |
Revenues
|
$1.74B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$1.64B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$2.04B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$149.34M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$109.47M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$63.03M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$63.60M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$6.44M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$7.62M | USD | 1 Quarter |
| Restructuring and other expenses |
Restructuringandotherexpenserecoverynet
|
$24.46M | USD | 1 Quarter |
| Restructuring and other expenses |
Restructuringandotherexpenserecoverynet
|
$2.33M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$95.68M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$71.79M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$77.54M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$13.79M | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$285.00K | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$194.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$8.27M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.21M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$3.23M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-5.99M | USD | 1 Quarter |
| Interest and other, net |
NonoperatingIncomeExpense
|
$-2.70M | USD | 1 Quarter |
| Interest and other, net |
NonoperatingIncomeExpense
|
$-14.07M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$11.09M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$63.47M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$166.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$25.52M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$37.95M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-154.91M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-2.16 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.56 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-2.16 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.54 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
68.30M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
71.61M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
70.90M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
71.61M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-154.91M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$37.95M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$29.79M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$29.62M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$5.82M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$8.64M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$11.58M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$163.17M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$353.00K | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-130.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$160.97M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$11.16M | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInContractWithCustomerAsset
|
- | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInContractWithCustomerAsset
|
$44.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$28.29M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$30.71M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-4.10M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-3.03M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-2.85M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$6.30M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$71.56M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-8.92M | USD | 1 Quarter |
| Cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$8.44M | USD | 1 Quarter |
| Cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-78.44M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$48.53M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$37.17M | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$575.00K | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$142.00K | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-36.59M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-48.39M | USD | 1 Quarter |
| Proceeds from revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$899.00M | USD | 1 Quarter |
| Proceeds from revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$1.04B | USD | 1 Quarter |
| Repayments of revolving credit facility borrowings |
RepaymentsOfLinesOfCredit
|
$818.00M | USD | 1 Quarter |
| Repayments of revolving credit facility borrowings |
RepaymentsOfLinesOfCredit
|
$928.83M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$2.00M | USD | 1 Quarter |
| Net proceeds from stock issuances |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$3.57M | USD | 1 Quarter |
| Net proceeds from stock issuances |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$2.53M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$45.48M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$11.84M | USD | 1 Quarter |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$38.04M | USD | 1 Quarter |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$104.72M | USD | 1 Quarter |
| Effect of exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$66.00K | USD | 1 Quarter |
| Effect of exchange rate changes |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$163.00K | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.75M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-10.24M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$406.66M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$404.91M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$419.53M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$409.29M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$406.66M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$404.91M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$419.53M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$409.29M | USD | Point-in-time |
| Interest, net of capitalized interest |
InterestPaidNet
|
$10.89M | USD | 1 Quarter |
| Interest, net of capitalized interest |
InterestPaidNet
|
$12.35M | USD | 1 Quarter |
| Income taxes, net of refunds |
IncomeTaxesPaidNet
|
$7.28M | USD | 1 Quarter |
| Income taxes, net of refunds |
IncomeTaxesPaidNet
|
$4.92M | USD | 1 Quarter |
| Unpaid purchases of property, plant and equipment at the end of period |
CapitalExpendituresIncurredButNotYetPaid
|
$41.91M | USD | 1 Quarter |
| Unpaid purchases of property, plant and equipment at the end of period |
CapitalExpendituresIncurredButNotYetPaid
|
$24.00M | USD | 1 Quarter |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$1.53B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.65B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.47B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.50B | USD | Point-in-time |
| Issuances under stock plans, Value |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$3.57M | USD | 1 Quarter |
| Issuances under stock plans, Value |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$2.53M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$5.82M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.68M | USD | 1 Quarter |
| Repurchases of Treasury Stock, Value |
TreasuryStockValueAcquiredCostMethod
|
$11.84M | USD | 1 Quarter |
| Repurchases of Treasury Stock, Value |
TreasuryStockValueAcquiredCostMethod
|
$45.48M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.85M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-175.00K | USD | 1 Quarter |
| Cumulative effect of new accounting pronouncement (1) |
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
$43.27M | USD | Point-in-time |
| Cumulative effect of new accounting pronouncement (1) |
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
$28.13M | USD | Point-in-time |
| Net income (loss) |
NetIncomeLoss
|
$-154.91M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$37.95M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$1.47B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.53B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.65B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.50B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-154.91M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$37.95M | USD | 1 Quarter |
| Change in foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-354.00K | USD | 1 Quarter |
| Change in foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-252.00K | USD | 1 Quarter |
| Change in net unrealized amount |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-1.41M | USD | 1 Quarter |
| Change in net unrealized amount |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-6.50M | USD | 1 Quarter |
| Amount reclassified into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
$-1.52M | USD | 1 Quarter |
| Amount reclassified into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
$-2.41M | USD | 1 Quarter |
| Changes in unrecognized net actuarial losses and unrecognized transition costs |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$-290.00K | USD | 1 Quarter |
| Changes in unrecognized net actuarial losses and unrecognized transition costs |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$260.00K | USD | 1 Quarter |
| Amortization of actuarial losses and transition costs |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$321.00K | USD | 1 Quarter |
| Amortization of actuarial losses and transition costs |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$198.00K | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.85M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-175.00K | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$34.10M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-155.09M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.