Plexus (PLXS) 10-Q 2022 Q1 Quarterly report

										Exhibit 99.1
Return on Invested Capital ("ROIC") and Economic Return Calculations GAAP to non-GAAP reconciliation (dollars in thousands):
	Three Months Ended				Twelve Months Ended				Three Months Ended
		Jan 2,				Oct 2,				Jan 2,
		2022				2021				2021
Operating income, as reported		$	30,473			$	176,268			$	46,866
Restructuring and other charges	+	2,021			+	3,267			+	—
Adjusted operating income		32,494				179,535				46,866
	x	4							x	4
Adjusted annualized operating income		$	129,976			$	179,535			$	187,464
Adjusted effective tax rate	x	13		%	x	13		%	x	13		%
Tax impact		$	16,897			$	23,340			$	24,370
Adjusted operating income (tax effected)		$	113,079			$	156,195			$	163,094
Average invested capital		$	1,135,312			$	1,014,742			$	1,002,087
ROIC		10.0		%		15.4		%		16.3		%
WACC		9.3		%		8.1		%		8.1		%
Economic Return		0.7		%		7.3		%		8.2		%

	January 2,		October 2,		July 3,		April 3,		January 2,		October 3,
	2022		2021		2021		2021		2021		2020
Equity	$	1,044,095	$	1,028,232	$	1,020,450	$	1,013,952	$	1,006,959	$	977,480
Plus:
Debt and finance lease obligations - current	151,417		66,313		60,468		50,229		148,408		146,829
Operating lease obligations - current (1)	9,507		9,877		9,130		9,314		9,351		7,724
Debt and finance lease obligations - long-term	187,075		187,033		187,690		188,730		188,148		187,975
Operating lease obligations - long-term	36,343		37,970		33,193		34,751		37,052		36,779
Less:
Cash and cash equivalents	(217,067)		(270,172)		(303,255)		(294,370)		(356,724)		(385,807)
	$	1,211,370	$	1,059,253	$	1,007,676	$	1,002,606	$	1,033,194	$	970,980

(1) Included in other accrued liabilities on the Condensed Consolidated Balance Sheets.