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(X)
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ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
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For the
year ended December 31, 2007
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A. Full
title of the plan and the address of the plan, if different from that of
the issuer named
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below:
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B. Name
of issuer of the securities held pursuant to the plan and the address of
its principal executive office:
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PLANTRONICS,
INC.
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401(k)
PLAN
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Financial
Statements and Supplemental Schedule
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For
the Year Ended December 31, 2007 and for the Period from April 2, 2006 to
December 31, 2006
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Table
of Contents
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Page
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4 | ||||
Financial
Statements:
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5 | ||||
6 | ||||
7 | ||||
12 | ||||
13 |
PLANTRONICS,
INC.
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401(k)
PLAN
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STATEMENTS OF NET ASSETS AVAILABLE FOR
BENEFITS
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December
31,
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2007
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2006
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Assets:
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Investments,
at fair value
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$ | 98,755,936 | $ | 81,168,435 | ||||
Participant
loans
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1,809,616 | 1,669,847 | ||||||
Net
assets available for benefits, at fair value
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100,565,552 | 82,838,282 | ||||||
Adjustment
from fair value to contract value for
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fully
benefit-responsive investment contracts
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478,771 | 417,842 | ||||||
Net
assets available for benefits
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$ | 101,044,323 | $ | 83,256,124 |
PLANTRONICS,
INC.
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401(k)
PLAN
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STATEMENTS OF CHANGES IN NET ASSETS
AVAILABLE FOR BENEFITS
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Period
From
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Year
Ended
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April
2, 2006 to
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December
31, 2007
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December
31, 2006
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Additions
to net assets attributed to:
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Investment
income:
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Dividends
and interest
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$ | 773,030 | $ | 560,510 | ||||
Net
realized and unrealized appreciation
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in
fair value of investments
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6,726,626 | 339,033 | ||||||
7,499,656 | 899,543 | |||||||
Contributions:
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Participants'
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6,723,811 | 4,151,593 | ||||||
Employer's
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3,945,355 | 2,392,334 | ||||||
10,669,166 | 6,543,927 | |||||||
Total
additions
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18,168,822 | 7,443,470 | ||||||
Deductions
from net assets attributed to withdrawals,
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distributions,
and administrative expenses
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7,619,636 | 4,759,652 | ||||||
Total
deductions
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7,619,636 | 4,759,652 | ||||||
Net
increase prior to transfers
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10,549,186 | 2,683,818 | ||||||
Transfer
of assets to the Plan
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7,239,013 | - | ||||||
Net
increase in net assets
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17,788,199 | 2,683,818 | ||||||
Net
assets available for benefits:
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Beginning
of period
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83,256,124 | 80,572,306 | ||||||
End
of period
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$ | 101,044,323 | $ | 83,256,124 |
December
31,
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2007
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2006
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SF
Guaranteed Fund
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$ | 11,052,327 | $ | 13,852,744 | ||||
Fidelity
Contrafund
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10,814,261 | 7,711,625 | ||||||
Select
Indexed Equity Fund
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10,363,233 | 10,135,994 | ||||||
OFI
Premier Global
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7,903,052 | 6,746,135 | ||||||
Davis
New York Venture Fund
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7,305,830 | 7,329,654 | ||||||
American
Funds Growth Fund of America
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6,217,326 | 3,968,617 | ||||||
AllianceBernstein
International Growth Fund
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5,825,287 | 3,269,389 | ||||||
PIMCO
Total Return Fund
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5,073,455 | 1,909,703 | ||||||
Plantronics,
Inc. Common Stock
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7,331,414 | 6,021,434 | ||||||
Other
funds individually less than 5% of net assets
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28,679,367 | 21,892,987 | ||||||
Net
assets available for benefits, at fair value
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$ | 100,565,552 | $ | 82,838,282 |
Period
From
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Year
Ended
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April
2, 2006 to
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December
31, 2007
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December
31, 2006
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Company
common stock
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$ | 1,374,296 | $ | (3,765,779 | ) | |||
Mutual
funds
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842,364 | 969,968 | ||||||
Pooled
separate accounts
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4,509,966 | 3,134,844 | ||||||
$ | 6,726,626 | $ | 339,033 |
PLANTRONICS,
INC.
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EIN: 77-0207692
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401(k)
PLAN
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PLAN
#002
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SCHEDULE
H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
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December
31, 2007
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Description
of investment including
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Identity
of issue, borrower,
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maturity date,
rate of interest,
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Current
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lessor
or similar party
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collateral, par
or maturity value
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value
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Massachusetts
Mutual Life Insurance Company:
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* |
SF
Guaranteed Fund
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Guaranteed
Investment Contract
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$ | 11,531,098 | |||||
* |
Select
Indexed Equity Fund
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Pooled
Separate Account
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10,363,233 | ||||||
* |
Fidelity
Contrafund
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Pooled
Separate Account
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10,814,261 | ||||||
* |
OFI
Premier Global
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Pooled
Separate Account
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7,903,052 | ||||||
* |
Babson
Capital Premier Money Market Fund
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Pooled
Separate Account
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6,958,395 | ||||||
* |
American
Funds Growth Fund of America
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Pooled
Separate Account
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6,217,326 | ||||||
* |
AllianceBernstein
International Growth Fund
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Pooled
Separate Account
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5,825,287 | ||||||
* |
PIMCO
Total Return Fund
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Pooled
Separate Account
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5,073,455 | ||||||
* |
Select
Mid Cap Growth II Fund
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Pooled
Separate Account
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4,310,540 | ||||||
* |
Wells
Fargo Advantage Small Cap Disciplined Fund
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Pooled
Separate Account
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2,145,644 | ||||||
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Pioneer
Cullen Value Fund
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Pooled
Separate Account
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1,581,753 | ||||||
Davis
New York Venture Fund
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Mutual
Fund
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7,305,830 | |||||||
Fidelity
Puritan Fund
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Mutual
Fund
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3,755,584 | |||||||
Jennison
Small Company Fund
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Mutual
Fund
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3,596,704 | |||||||
Columbia
Mid Cap Value Fund
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Mutual
Fund
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3,235,274 | |||||||
Phoenix
Real Estate Securities Fund
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Mutual
Fund
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1,285,817 | |||||||
* |
Plantronics,
Inc.
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Common
Stock
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7,331,414 | ||||||
* |
Participant
loans
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Interest
rates ranging from 5.0% to 11.5%
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1,809,616 | ||||||
Holding
Account
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Holding
Account
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40 | |||||||
Total
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$ | 101,044,323 | |||||||
* |
Party-in-interest
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23.1
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Consent
of Mohler, Nixon & Williams Accountancy Corporation, Independent
Registered Public Accounting Firm
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