Slide 1: Second Quarter Fiscal 2013 Financial Results
Second Quarter Fiscal 2013 July 25, 2013 Financial Results
Slide 2: Forward-Looking Statements
design develop deliver advanced technology 2 Forward - Looking Statements This document contains forward - looking statements within the meaning of Section 27 A of the Securities Act of 1933 , as amended, and Section 21 E of the Securities Exchange Act of 1934 , as amended . In addition, from time t
Slide 3: Second Quarter 2013 Results
design develop deliver advanced technology 3 Second Quarter 2013 Results (In millions, except EPS) June 30, 2013 March 31, 2013 June 30, 2012 Net Sales $607.5 $542.4 $630.0 Net Income $8.5 $11.5 $13.6 Net Income – non - GAAP $16.8 $11.9 $18.2 Diluted EPS $0.16 $0.21 $0.24 Diluted EPS – non - GAAP $0
Slide 4: Second Quarter Industry Sector Update
design develop deliver advanced technology 4 Second Quarter Industry Sector Update Segment June 30, 2013 March 31, 2013 June 30, 2012 Computers and Related Products for Business Enterprises 29% 25% 31% Industrial Control Equipment 30% 30% 26% Telecommunication Equipment 23% 26% 25% Medical Devices 1
Slide 5: Second Quarter Financial Statement Commentary
design develop deliver advanced technology 5 ▪ Non - Recurring Items ▪ Suntron Acquisition ▪ Thailand Flood Update Discussion Items Second Quarter Financial Statement Commentary
Slide 6: Financial Statement Highlights: Income Statement
design develop deliver advanced technology 6 Financial Statement Highlights Income Statement June 30, 2013 March 31, 2013 June 30, 2012 Net Sales $607.5 $542.4 $630.0 Operating Margin – non - GAAP 3.5% 2.7% 3.7% Net Income – GAAP $8.5 $11.5 $13.6 Net Income – non - GAAP $16.8 $11.9 $18.2 Diluted EPS
Slide 7: Financial Statement Highlights: Balance Sheet and Cash Flows
design develop deliver advanced technology 7 Financial Statement Highlights Balance Sheet and Cash Flows June 30, 2013 December 31, 2012 June 30, 2012 Cash and Long - term Investments $409.5 * $394.9 $296.5 Cash Flow from Operating Activities $11.4 $80.9 $41.4 Capital Expenditures $5.1 $13.5 $8.9 De
Slide 8: Second Quarter 2013 New Business Wins
design develop deliver advanced technology 8 Second Quarter 2013 New Business Wins Q2 2013 Number of New Business Wins by Segment ▪ Q2 2013: 28 new business bookings including 9 engineering projects ▪ E stimated annual revenue run rate between $ 135 million and $ 155 million Quarterly Estimated Annu
Slide 9: Third Quarter 2013 Guidance
design develop deliver advanced technology 9 Third Quarter 2013 Guidance Guidance Net Sales (in millions) $590 – $620 Diluted EPS – non - GAAP $0.28 – $0.32
Slide 10: Overall Market Updates
design develop deliver advanced technology 10 Overall Market Updates ▪ Computing Stable Demand ▪ Industrial Growth ▪ Telecommunications Stable Demand ▪ Medical Growth ▪ Test & Instrumentation Slight Improvement Reporting Sector Outlook
Slide 11: Execution Summary Second Quarter 2013
design develop deliver advanced technology 11 ▪ Strong Q2 Performance ▪ Focus on Growth ▪ Continued Productivity Management ▪ New Program Execution Summary Second Quarter 2013
Slide 12: Appendix
design develop deliver advanced technology 12 Appendix
Slide 13: Reconciliation of GAAP to non-GAAP Financial Results
design develop deliver advanced technology 13 Reconciliation of GAAP to non - GAAP Financial Results (Amounts in Thousands, Except Per Share Data) – (UNAUDITED) 2013 2012 2013 2012 $ 12,783 $ 18,268 $ 26,776 $ 26,093 5,667 286 6,109 250 2,606 - 2,606 - - 4,658 - 14,876 $ 21,056 $ 23,212 $ 35,491 $ 4