XML 30 R14.htm IDEA: XBRL DOCUMENT
v3.25.1

EARNINGS PER SHARE | 12 Months Ended
--- | ---
Mar. 31, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Basic earnings per share excludes dilution and is computed by dividing net income by the weighted-average number of ordinary shares outstanding during the applicable periods. Diluted earnings per share reflects the potential dilution from share-based compensation awards. The potential dilution from restricted share unit awards was computed using the treasury stock method based on the average fair market value of the Company's ordinary shares for the period. The computation of earnings per share and weighted average shares outstanding of the Company’s ordinary shares for the following periods is presented below:
| Fiscal Year Ended March 31,
| 2025 |  | 2024 |  | 2023
| (In millions, except per share amounts)
Numerator: |  |  |  |  |
Net income from continuing operations | $ | 838 |  |  | $ | 872 |  |  | $ | 683 |
Net income from discontinued operations, net of tax (Note 7) | — |  |  | 373 |  |  | 350 |
Less: Net income attributable to noncontrolling interest and redeemable noncontrolling interest (Note 7) | — |  |  | 239 |  |  | 240 |
Net income from discontinued operations attributable to Flex Ltd. (Note 7) | — |  |  | 134 |  |  | 110 |
Total net income attributable to Flex Ltd. | $ | 838 |  |  | $ | 1,006 |  |  | $ | 793 |
Denominator: |  |  |  |  |
Weighted-average ordinary shares outstanding - basic | 391 |  |  | 435 |  |  | 454 |
Weighted-average ordinary share equivalents from RSU awards (1) | 7 |  |  | 6 |  |  | 8 |
Weighted-average ordinary shares and ordinary share equivalents outstanding - diluted | 398 |  |  | 441 |  |  | 462 |
Earnings per share - basic |  |  |  |  |
Continuing operations | $ | 2.14 |  |  | $ | 2.00 |  |  | $ | 1.50 |
Discontinued operations, net of tax (Note 7) | — |  |  | 0.31 |  |  | 0.25 |
Total attributable to the shareholders of Flex Ltd. | $ | 2.14 |  |  | $ | 2.31 |  |  | $ | 1.75 |
Earnings per share - diluted |  |  |  |  |
Continuing operations | $ | 2.11 |  |  | $ | 1.98 |  |  | $ | 1.48 |
Discontinued operations, net of tax (Note 7) | — |  |  | 0.30 |  |  | 0.24 |
Total attributable to the shareholders of Flex Ltd. | $ | 2.11 |  |  | $ | 2.28 |  |  | $ | 1.72 |
(1)An immaterial amount of RSU awards during fiscal years 2025, 2024, and 2023, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary shares equivalents.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration