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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2016
Jul. 03, 2015
Jul. 01, 2016
Jul. 03, 2015
Revenue:        
Product $ 407.0 $ 394.6 $ 800.6 $ 795.2
Service 109.7 105.7 211.3 206.6
Subscription 92.9 85.5 180.7 166.6
Total revenue 609.6 585.8 1,192.6 1,168.4
Cost of sales:        
Product 199.4 190.8 389.4 378.5
Service 44.0 42.2 85.6 83.6
Subscription 26.6 25.9 53.3 49.7
Amortization of purchased intangible assets 24.0 23.0 48.1 45.5
Total cost of sales 294.0 281.9 576.4 557.3
Gross margin 315.6 303.9 616.2 611.1
Operating expense:        
Research and development 92.0 84.5 179.7 171.7
Sales and marketing 97.4 96.2 194.1 192.7
General and administrative 65.6 64.2 133.9 128.9
Restructuring charges 4.5 5.2 6.3 6.3
Amortization of purchased intangible assets 15.6 17.8 31.8 36.0
Total operating expense 275.1 267.9 545.8 535.6
Operating income 40.5 36.0 70.4 75.5
Non-operating income (expense), net:        
Interest expense (6.6) (6.3) (13.2) (12.7)
Foreign currency transaction gain (loss), net (1.5) 0.0 (1.6) 1.1
Income from equity method investments, net 5.8 6.4 8.7 9.4
Other income (expense), net 0.1 (0.3) 3.4 6.7
Total non-operating income (expense), net (2.2) (0.2) (2.7) 4.5
Income before taxes 38.3 35.8 67.7 80.0
Income tax provision 2.7 10.0 12.4 20.2
Net income 35.6 25.8 55.3 59.8
Less: Net loss attributable to noncontrolling interests (0.1) (0.1) (0.2) (0.2)
Net income attributable to Trimble Navigation Limited: $ 35.7 $ 25.9 $ 55.5 $ 60.0
Basic earnings per share $ 0.14 $ 0.10 $ 0.22 $ 0.23
Shares used in calculating basic earnings per share 250.5 258.4 250.8 258.9
Diluted earnings per share $ 0.14 $ 0.10 $ 0.22 $ 0.23
Shares used in calculating diluted earnings per share 253.7 261.4 253.9 261.9