1. Key Performance Metrics

Company Overview

(fiscal years) 2017 2016 2015 2014
FINANCIAL HIGHLIGHTS1
Net revenue ($ 000) $19,063,121 $18,353,086 $17,899,196 $15,762,146
Operating income ($ 000) $410,230 $522,833 $555,411 $204,074
Operating margin (%) 2.15% 2.85% 3.10% 1.30%
Net income attributable to Jabil Circuit, Inc. ($ 000) $129,090 $254,095 $284,019 $241,313
Net earnings per diluted share ($) $0.69 $1.32 $1.45 $1.19
Weighted average diluted shares outstanding (#) 185,838 192,750 196,005 202,497
Cash dividends declared, per share ($) $0.32 $0.32 $0.32 $0.32
Share repurchases ($ 000) $306,397 $148,185 $85,576 $260,274

1 Fiscal years 2014 and 2015 exclude revenues from Jabil’s aftermarket services business. On April 1, 2014, Jabil completed the sale of the aftermarket services business except for the Malaysian operations, for which the sale was completed on December 31, 2014.

Workforce1

(fiscal years) 2017 2016 2015 2014
GLOBAL WORKFORCE2
Total Employees (#) 148,891 144,849 161,000 141,595
  Direct Labor (%) 74% 70% 77% 80%
  Indirect Labor (%) 26% 30% 23% 20%
Americas (#) 23,432 144,849 161,000 141,595
  Direct Labor (%) 55% 44% 60% 66%
  Indirect Labor (%) 45% 56% 40% 34%
Europe (#) 12,702 12,912 12,569 12,201
  Direct Labor (%) 59% 60% 51% 52%
  Indirect Labor (%) 41% 40% 49% 48%
Asia (#) 112,709 103,555 127,524 113,479
  Direct Labor (%) 80% 79% 83% 85%
  Indirect Labor (%) 20% 21% 17% 15%
Africa (#) 48 39 - -
  Direct Labor (%) 10% 11% - -
  Indirect Labor (%) 92% 89% - -
FEMALE REPRESENTATION3
Total (%) 43% 45% 46% 46%
Direct Labor (%) 48% 51% 51% 50%
Indirect Labor (%) 30% 30% 32% -
New Hires (%) 34% 40% 44% 42%
Americas (%) 46% 44% 48% 48%
Europe (%) 43% 46% 45% 44%
Asia (%) 32% 45% 44% 42%
Africa (%) 20% 29% - -
TURNOVER RATE3
Americas (%) 57% 45% 42% 57%
Europe (%) 31% 27% 20% 27%
Asia (%) 129% 103% 157% 193%
Africa (%) 38% 11% - -
Total (%) 107% 86% 130% 159%
WORKPLACE HEALTH AND SAFETY
Total Recordable Injury Rate4 0.18 0.20 0.25 0.29
Fatalities (#) 0 0 15 15
Health and Safety-Focused Audits (#) 99 100 60 60
OHSAS 18001 Certification (# of sites) 14 14 14 20
EMPLOYEE TRAINING AND DEVELOPMENT
Direct Labor (average hours) 80 80 80 80
Indirect Labor (average hours) 36 40 40 27

1 Our employees are categorized as either direct or indirect. Direct employees work in our manufacturing operations, while indirect employees hold management and support positions.

2 Global workforce figures reflect those listed in 2014–2017 Form 10-K.

3 Human Resources data is calculated as a percentage of annual average headcount and will at times differ from Form 10-K figures.

4 Total recordable injury rate is calculated by multiplying total recordable injury by 200,000 and dividing by the total number of labor hours.

5 Differs from previously reported figure due to correction in recording for Fiscal Year 2015 rather than Calendar Year 2014.

Supply Chain

(fiscal years) 2017 20161 2015 2014
Suppliers completing Quality and RBA self-assessments 3,4274 9,4502 4,384 -
SER Risk Assessments Completed (#) 2,437 1,234 966 410
SER Audits (#) 1055 333 26 51
Quality Audits (#) 225 305 207 140
In-Scope Suppliers Providing Completed Conflict Minerals Declaration (#) 7,6886 3,121 3,815 4,409
In-Scope Suppliers Providing Completed Conflict Minerals Declaration by Spend (%) 98% 93% 89% 73%
Labor agency audits in China 83 17 23 -
Labor agents with services discontinued as a result of SER audits 48 30 22 -

1 In Fiscal 2016, we evaluated our suppliers to determine if they qualify as in-scope, narrowing the number of requests for conflict mineral declarations.

2 Includes Quality Surveys (8,833), Quality Self-Assessment Questionnaire (SAQ) (408) and RBA SAQ (209). The large increase from Fiscal 2015 to Fiscal 2016 is a result of automating surveys and self-assessments, which increased our supplier reach and made it easier for suppliers to respond.

3 This number includes the 17 labor agency audits listed in the same table for Fiscal 2016.

4 Includes Qualtiy SAQ (2,613) and RBA SAQ (814).

5 Increase from prior year is primarily due to a larger number of qualified auditors performing more labor agency audits in Fiscal 2017.

6 The significant increase from 2016 to 2017 is due to the inclusion of three acquisitions (including Nypro) into in-scope purchasing materials for conflict minerals compliance.

Environmental Performance

(fiscal years) 2017 20161 20151 2014
ENERGY USE
Electricity (MWh) 1,942,223 1,761,393 1,622,819 1,312,405
Fuel (MWh) 141,587 125,423 95,219 83,898
Steam (MWh) 56,761 55,732 51,207 38,193
Other (MWh)2 34,825 33,902 36,423 66,069
Total (MWh) 2,175,396 1,976,450 1,805,668 1,500,565
GHG EMISSIONS
Scope 1 Emissions (metric tons CO2e) 38,690 37,079 35,425 38,395
Scope 2 Emissions (metric tons CO2e) 1,392,147 1,273,395 1,182,783 923,022
Scope 3 Emissions (metric tons CO2e) 27,353 25,901 39,390 55,577
Total (metric tons CO2e) 1,458,190 1,336,375 1,257,598 1,016,994
PERFORMANCE
Emissions Intensity (Kg CO2e per US$1,000 sales3) 76.49 72.81 70.26 61.29
Energy Intensity (kWh per US$1,000 sales3) 114.12 107.69 100.88 90.43
GLOBAL WATER USE4
Purchased (cubic meters) 11,623,682 12,399,003 11,018,419 7,201,541
Discharged (cubic meters) 5,755,817 5,185,921 5,256,799 1,689,901
ESTIMATED TOTAL WASTE BY TYPE4
eScrap/eWaste (metric tons) 2,662 2,327 2,398 3,708
Hazardous Waste (metric tons) 16,117 20,0905 3,270 2,651
Incinerated/Destroyed Waste (metric tons) 849 857 1,234 1,695
Landfilled Waste (metric tons) 13,192 15,822 20,996 15,224
Recycled Waste (metric tons) 31,609 25,770 27,170 25,757
Other Wastes (metric tons) 987 998 1,868 2,874
Total (metric tons) 65,416 65,864 56,936 51,909

1 Due to data corrections after report publication, some figures may differ from those reported last year.

2 Other fuels used may include gasoline/petrol, diesel, natural gas, liquefied petroleum gas, jet fuel and refrigerants.

3 Carbon-generating revenue includes intercompany transactions, which are excluded from revenue totals in the Form 10-K.

4 Estimated, based on site self-reporting (not 3P verified).

5 The increase in hazardous waste from Fiscal 2015 to Fiscal 2016 is due to growing production in Chengdu, our largest site.