UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
November
16, 2006
Date of Report (Date of earliest event reported)
SANMINA-SCI CORPORATION
(Exact name of registrant as specified in its charter)
Delaware |
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000-21272 |
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77-0228183 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
2700
North First Street
San Jose, California 95134
(Address of principal executive offices)
(408)
964-3500
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
TABLE OF CONTENTS
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ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On November 16, 2006, Sanmina-SCI Corporation (the Company) issued a press release announcing Non-GAAP Financial Guidance for Fiscal 2006. The press release is furnished as Exhibit 99.1 to this Form 8-K.
Non-GAAP Financial Information
In the press release furnished as Exhibit 99.1, we present the following non-GAAP financial measures: gross margin, operating margin, and earnings (loss) per share. In computing each of these non-GAAP financial measures, including those presented in the attached financial statements, we exclude charges or gains relating to: stock-based compensation expense, restructuring costs (including employee severance and benefits costs and charges related to excess facilities and assets), integration costs (consisting of costs associated with the integration of acquired businesses into our operations), amortization of intangible assets, impairment charges, loss on extinguishment of debt, costs associated with the Companys stock option investigation, non-cash interest and other infrequent or unusual items, to the extent material, which we consider to be of a non-operational nature in the applicable period.
We have furnished these non-GAAP financial measures because we believe they provide useful supplemental information to investors in that they eliminate certain financial items that are of a non-recurring, unusual or infrequent nature or are not related to the Companys regular, ongoing business. Our management also uses this information internally for forecasting, budgeting and other analytical purposes. Therefore, the non-GAAP financial measures enable investors to analyze the core financial and operating performance of the Company and to facilitate period-to-period comparisons and analysis of operating trends.
We provide earnings guidance only on a non-GAAP basis due to the inherent uncertainties associated with forecasting the timing and amount of restructuring, impairment and other unusual and infrequent items.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
Exhibit No. |
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Description |
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Exhibit 99.1 |
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Press Release issued by Sanmina-SCI Corporation on November 16, 2006 (furnished herewith) |
The information in this report, including the exhibit hereto, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that section. In addition, the information in this report shall not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
SANMINA-SCI CORPORATION |
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By: |
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/s/ David L. White |
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David L. White |
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Executive Vice President and |
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Chief Financial Officer |
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Date: November 16, 2006 |
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Exhibit No. |
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Description |
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Exhibit 99.1 |
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Press Release issued by Sanmina-SCI Corporation on November 16, 2006 |
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