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
Date of Report (Date of earliest event reported) October 24, 2006
FLEXTRONICS INTERNATIONAL LTD.
(Exact name of registrant as specified in its charter)
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| Singapore
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0-23354
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Not Applicable |
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| (State or other jurisdiction
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(Commission
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(IRS Employer |
| of incorporation)
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File Number)
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Identification No.) |
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| One Marina Boulevard, # 28-00, Singapore
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018989 |
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| (Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (65) 6890-7188
Not Applicable
(Former name or former address, if changed since last report.)
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:
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
Item 2.02. Results of Operations and Financial Condition
On October 24, 2006, Flextronics International Ltd. (the “Company”) issued a press release
announcing its results for the second fiscal quarter ended September 30, 2006. A copy of the press
release is attached as Exhibit 99.1 to this report.
The press release includes non-GAAP operating results. Non-GAAP operating results are not based on
any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”)
and are not necessarily comparable to similar measures presented by other companies. Non-GAAP
operating results should not be considered in isolation or as a substitute for operating results
prepared in accordance with GAAP. The Company has provided a reconciliation of non-GAAP operating
results to GAAP operating results in the schedules to the attached press release.
Management uses non-GAAP operating results as a performance measure and furnishes the information
in order to provide investors with additional information to analyze the Company’s operating
results and facilitate period-to-period comparisons. Non-GAAP
operating results exclude after-tax gains or losses on divestitures,
intangible amortization, stock-based compensation expense, restructuring and other charges. In addition, because the Company has
historically reported non-GAAP operating results to the investment community, the Company believes
the inclusion of non-GAAP numbers provides consistency in its financial reporting.
Item 9.01. Financial Statements and Exhibits
Exhibit
| 99.1 |
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Press Release, dated October 24, 2006, issued by Flextronics International Ltd. |