MOLX » Topics » Backlog

These excerpts taken from the MOLX 10-K filed Aug 6, 2008.
Backlog
 
Backlog as of the three years ended June 30 was as follows (in thousands):
 
                         
    2008     2007     2006  
 
Backlog
  $ 436,487     $ 332,479     $ 369,966  


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Table of Contents

Backlog at June 30, 2008 increased due to orders received in the telecommunications and data markets and foreign currency translation. Foreign currency translation increased the backlog by $25.7 million compared with June 30, 2007. Excluding the foreign currency translation impact, backlog increased 23.6% from fiscal 2007 to fiscal 2008. Orders for fiscal 2008 were $3.4 billion compared with $3.2 billion for the prior year. Orders increased due to an increase in the telecommunications market and foreign currency translation. Foreign currency translation increased orders by $139.4 million.
 
Backlog decreased as of June 30, 2007 compared with June 30, 2006, primarily due to a decrease in demand at the end of fiscal 2007, particularly in the mobile communications market, and an increase in vendor managed inventory programs to customers. Under the vendor managed inventory program, the order and shipment occur simultaneously and without impacting reported backlog. The decrease in backlog as of June 30, 2007 compared with 2006 was offset by the acquisition of Woodhead, which had backlog of $24.3 million on June 30, 2007.
 
Backlog


 



Backlog as of the three years ended June 30 was as follows (in
thousands):


 


















































                         

 

 

2008

 

 

2007

 

 

2006

 
 


Backlog


 

$

436,487

 

 

$

332,479

 

 

$

369,966

 









32





Table of Contents






Backlog at June 30, 2008 increased due to orders received
in the telecommunications and data markets and foreign currency
translation. Foreign currency translation increased the backlog
by $25.7 million compared with June 30, 2007.
Excluding the foreign currency translation impact, backlog
increased 23.6% from fiscal 2007 to fiscal 2008. Orders for
fiscal 2008 were $3.4 billion compared with
$3.2 billion for the prior year. Orders increased due to an
increase in the telecommunications market and foreign currency
translation. Foreign currency translation increased orders by
$139.4 million.


 



Backlog decreased as of June 30, 2007 compared with
June 30, 2006, primarily due to a decrease in demand at the
end of fiscal 2007, particularly in the mobile communications
market, and an increase in vendor managed inventory programs to
customers. Under the vendor managed inventory program, the order
and shipment occur simultaneously and without impacting reported
backlog. The decrease in backlog as of June 30, 2007
compared with 2006 was offset by the acquisition of Woodhead,
which had backlog of $24.3 million on June 30, 2007.


 




This excerpt taken from the MOLX 10-Q filed Oct 31, 2006.

 Backlog


Our order backlog on September 30, 2006 was approximately $450.9 million, an increase of $162.9 million compared with $288.0 million at September 30, 2005.  Orders for the three months ended September 30, 2006 were $864.6 million, an increase of 24.7% compared with $693.2 million for the prior year period.  Woodhead contributed bookings of $30.6 million to the current quarter, and had a backlog of $24.1 million on September 30, 2006.


Financial Condition and Liquidity  


Our financial position remains strong and we continue to be able to fund capital projects and working capital needs principally out of operating cash flows and cash reserves.  Cash, cash equivalents and marketable securities totaled $351.9­­­­­ million and $485.5 million at September 30, 2006 and June 30, 2006, respectively.  The primary source of our cash flow is cash generated by operations. Principal uses of cash are capital expenditures, share repurchases, dividend payments and business investments.  Our long-term financing strategy is principally to rely on internal sources of funds for investing in plant, equipment and acquisitions, although we may elect to leverage our strong balance sheet with debt financing.  We have historically used external borrowings only when a clear financial advantage exists. We believe that our liquidity and financial flexibility are adequate to support both current and future growth.  Long-term debt at September 30, 2006 totaled $134.5 million.  


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This excerpt taken from the MOLX 10-K filed Aug 3, 2006.

 Backlog


Our order backlog on June 30, 2005 was approximately $259.5 million, a decline of $73.1 million compared with $332.6 million at June 30, 2004.  The decrease in backlog was partially attributable to an increase in distribution bookings in June 2004 of approximately $36 million placed in advance of a price increase.  In addition, during fiscal 2005 we provided vendor-managed inventory programs to customers.  Under this method, the new order and shipment occur simultaneously and without impacting reported backlog.  New orders for fiscal 2005 were $2,489.8 million, compared with $2,366.0 million last year.


This excerpt taken from the MOLX 10-Q filed May 2, 2006.

 Backlog


Our order backlog on March 31, 2006 was approximately $354.3 million, an increase of $90.2 million compared with $264.1 million at March 31, 2005.  Orders for the three months ended March 31, 2006 were $769.2 million, an increase of 26.5% compared with $608.0 million for the prior year period.


Financial Condition and Liquidity  


Our financial position remains strong and we continue to be able to fund capital projects and working capital needs principally out of operating cash flows and cash reserves.  Cash, cash equivalents and marketable securities totaled $401.4 million and $497.6 million at March 31, 2006 and June 30, 2005, respectively.  The primary source of our cash flow is cash generated by operations. Principal uses of cash are capital expenditures, share repurchases, dividend payments and business investments.  Our long-term financing strategy is to rely on internal sources of funds for investing in plant, equipment and acquisitions.  We believe that our liquidity and financial flexibility are adequate to support both current and future growth.  We have historically used external borrowings only when a clear financial advantage exists. Long-term debt and obligations under capital leases at March 31, 2006 totaled $8.6 million.  


This excerpt taken from the MOLX 10-Q filed Feb 2, 2006.

 Backlog


Our order backlog on December 31, 2005 was approximately $297.5 million, an increase of $11.8 million compared with $285.7 million at December 31, 2004.  Orders for the three months ended December 31, 2005 were $703.4 million, an increase of 15.7% compared with $607.8 million for the prior year period.


Financial Condition and Liquidity  


Our financial position remains strong and we continue to be able to fund capital projects and working capital needs principally out of operating cash flows and cash reserves.  Cash, cash equivalents and marketable securities totaled $419.8 million and $497.6 million at December 31, 2005 and June 30, 2005, respectively.  The primary source of our cash flow is cash generated by operations. Principal uses of cash are capital expenditures, share repurchases, dividend payments and business investments.  Our long-term financing strategy is to rely on internal sources of funds for investing in plant, equipment and acquisitions.  We believe that our liquidity and financial flexibility are adequate to support both current and future growth.  We have historically used external borrowings only when a clear financial advantage exists. Long-term debt and obligations under capital leases at December 31, 2005 totaled $8.9 million.  


This excerpt taken from the MOLX 10-Q filed Nov 4, 2005.

 Backlog


Our order backlog on September 30, 2005 was approximately $288.0 million, a decline of $25.6 million compared with $313.6 million at September 30, 2004. The decrease in backlog was primarily due to vendor-managed inventory programs to customers. Under this method, the new order and shipment occur simultaneously without impacting reported backlog.  New orders for the three months ended September 30, 2005 were $693.2 million, compared with $622.4 million for the prior year period.


Financial Condition and Liquidity  


Our financial position remains strong and we continue to be able to fund capital projects and working capital needs principally out of operating cash flows and cash reserves.  Cash, cash equivalents and marketable securities totaled $423.2 million and $497.6 million at September 30, 2005 and June 30, 2005, respectively.  The primary source of our cash flow is cash generated by operations. Principal uses of cash are capital expenditures, share repurchases, dividend payments and business investments.  Our long-term financing strategy is to rely on internal sources of funds for investing in plant, equipment and acquisitions.  We believe that our liquidity and financial flexibility are adequate to support both current and future growth.  We have historically used external borrowings only when a clear financial advantage exists. Long-term debt and obligations under capital leases at September 30, 2005 totaled $9.6 million.




-18-






This excerpt taken from the MOLX 10-K filed Sep 12, 2005.

Backlog

The Company’s order backlog on June 30, 2005 was approximately $259.5 million, a decline of $73.1 million compared with $332.6 million at June 30, 2004. The decrease in backlog was partially attributable to an increase in distribution bookings in June 2004 of approximately $36 million placed in advance of a price increase. In addition, during fiscal 2005 the Company provided vendor-managed inventory programs to customers. Under this method, the new order and shipment occur simultaneously and without impacting reported backlog. New orders for fiscal 2005 were $2,489.8 million, compared with $2,366.0 million last year.
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