Slide 1: Fourth Quarter Fiscal 2013 Financial Results
Fourth Quarter Fiscal 2013 February 4, 2014 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: Fourth Quarter 2013 Results
design develop deliver advanced technology 3 Fourth Quarter 2013 Results (In millions, except EPS) Dec. 31, 2013 Sept. 30, 2013 Dec. 31, 2012 Net Sales $756.8 $599.7 $633.9 Net Income – GAAP $67.5 $23.7 $18.1 Net Income – non - GAAP $23.5 $16.9 $18.0 Diluted EPS – GAAP $1.24 $0.43 $0.33 Diluted EPS
Slide 4: Fiscal Year 2013 Results
design develop deliver advanced technology 4 Fiscal Year 2013 Results (In millions, except EPS) Dec. 31, 2013 Dec. 31, 2012 Net Sales $2,506 $2,468 Net Income – GAAP $111 $57 Net Income – non - GAAP $69 $68 Diluted EPS – GAAP $2.03 $1.00 Diluted EPS – non - GAAP $1.26 $1.21 Operating Margin – GAAP 4
Slide 5: Fourth Quarter Industry Sector Update
design develop deliver advanced technology 5 Fourth Quarter Industry Sector Update Sector Dec. 31, 2013 Sept. 30, 2013 Dec. 31, 2012 Computers and Related Products for Business Enterprises 32% 30% 33% Industrial Control Equipment 27% 31% 27% Telecommunication Equipment 24% 20% 25% Medical Devices 10
Slide 6: Financial Statement Highlights: Balance Sheet and Cash Flows
design develop deliver advanced technology 6 Financial Statement Highlights Balance Sheet and Cash Flows (In millions) Dec. 31, 2013 Sept. 30, 2013 Dec. 31, 2012 Cash $345.6* $426.6 $384.6 Cash Flow from Operating Activities ($0.6) $38.7 $80.9 Acquisitions $75.0 $0 $0 Capital Expenditures $8.6 $6.8
Slide 7: First Quarter 2014 Guidance
design develop deliver advanced technology 7 First Quarter 2014 Guidance Guidance Net Sales (in millions) $630 – $660 Diluted EPS – non - GAAP $0.29 – $0.34 ▪ Outlook is for the first fiscal quarter ending March 31, 2014.
Slide 8: CEO and President Commentary
design develop deliver advanced technology 8 CEO and President Commentary
Slide 9: Fourth Quarter 2013 New Business Wins
design develop deliver advanced technology 9 Fourth Quarter 2013 New Business Wins Q4 2013 Number of New Business Wins by Segment ▪ Q4 2013: 33 new business bookings including 10 engineering projects ▪ E stimated annual revenue run rate between $150 million and $180 million Quarterly Estimated Annua
Slide 10: Benchmark 2014 Market Overview
design develop deliver advanced technology 10 Benchmark 2014 Market Overview ▪ Computing Mixed ▪ Industrial Growth ▪ Telecommunications Growth ▪ Medical Stable ▪ Test & Instrumentation Growth Reporting Sector Outlook
Slide 11: Summary Fourth Quarter and Full Year 2013
design develop deliver advanced technology 11 ▪ Strong Q4 Results ▪ Solid 2013 Performance ▪ Continuing Progress in Three Key Focus Areas: o Operational Excellence o Portfolio Management o Customer Focus and New Bookings Summary Fourth Quarter and Full Year 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) December 31, September 30, December 31, 2013 2013 2012 2013 2012 $ 60,275 $ 29,473 $ 24,584 $ 116,524 $ 75,559 2,025 1,214 1,427 9,348 2,20