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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2021
Jul. 03, 2020
Jul. 02, 2021
Jul. 03, 2020
Revenue:        
Revenue $ 945.2 $ 733.6 $ 1,831.7 $ 1,525.9
Cost of sales:        
Amortization of purchased intangible assets 22.0 23.2 44.1 46.7
Cost of sales 419.8 327.9 813.0 679.2
Gross margin 525.4 405.7 1,018.7 846.7
Operating expense:        
Research and development 138.3 114.0 267.7 232.2
Sales and marketing 125.2 103.6 247.6 235.3
General and administrative 99.6 68.8 185.0 141.8
Restructuring 4.5 5.1 6.0 8.0
Amortization of purchased intangible assets 13.0 16.6 26.7 33.5
Total operating expense 380.6 308.1 733.0 650.8
Operating income 144.8 97.6 285.7 195.9
Non-operating income (expense), net:        
Interest expense, net (16.6) (19.6) (33.5) (40.1)
Income from equity method investments, net 10.0 9.7 21.8 19.1
Other income (expense), net 24.2 3.2 25.8 (4.6)
Total non-operating income (expense), net 17.6 (6.7) 14.1 (25.6)
Income before taxes 162.4 90.9 299.8 170.3
Income tax provision 23.5 27.7 46.3 45.2
Net income 138.9 63.2 253.5 125.1
Net income attributable to noncontrolling interests 0.0 0.2 0.1 0.2
Net income attributable to Trimble Inc. $ 138.9 $ 63.0 $ 253.4 $ 124.9
Earnings per share attributable to Trimble Inc.:        
Basic (in dollars per share) $ 0.55 $ 0.25 $ 1.01 $ 0.50
Diluted (in dollars per share) $ 0.55 $ 0.25 $ 1.00 $ 0.50
Shares used in calculating earnings per share:        
Basic (in shares) 251.5 250.0 251.3 250.0
Diluted (in shares) 254.2 251.2 254.2 251.5
Product        
Revenue:        
Revenue $ 594.9 $ 412.4 $ 1,134.3 $ 876.2
Cost of sales:        
Cost of sales, excluding amortization 286.0 199.4 541.7 409.5
Service        
Revenue:        
Revenue 162.1 156.6 324.4 319.0
Cost of sales:        
Cost of sales, excluding amortization 58.0 56.0 117.6 119.6
Subscription        
Revenue:        
Revenue 188.2 164.6 373.0 330.7
Cost of sales:        
Cost of sales, excluding amortization $ 53.8 $ 49.3 $ 109.6 $ 103.4