XML 16 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements Of Income (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 01, 2022
Apr. 02, 2021
Revenue:    
Revenue $ 993.7 $ 886.5
Cost of sales:    
Amortization of purchased intangible assets 22.5 22.1
Total cost of sales 444.1 393.2
Gross margin 549.6 493.3
Operating expense:    
Research and development 140.3 129.4
Sales and marketing 131.9 122.4
General and administrative 101.5 85.4
Restructuring 6.9 1.5
Amortization of purchased intangible assets 12.1 13.7
Total operating expense 392.7 352.4
Operating income 156.9 140.9
Non-operating expense, net:    
Interest expense, net (16.0) (16.9)
Income from equity method investments, net 9.7 11.8
Other income (expense), net (12.1) 1.6
Total non-operating expense, net (18.4) (3.5)
Income before taxes 138.5 137.4
Income tax provision 28.2 22.8
Net income 110.3 114.6
Net income attributable to noncontrolling interests 0.0 0.1
Net income attributable to Trimble Inc. $ 110.3 $ 114.5
Earnings per share attributable to Trimble Inc.:    
Basic (in usd per share) $ 0.44 $ 0.46
Diluted (in usd per share) $ 0.44 $ 0.45
Shares used in calculating earnings per share:    
Basic (in shares) 250.8 251.1
Diluted (in shares) 252.8 254.3
Product    
Revenue:    
Revenue $ 621.6 $ 539.4
Cost of sales:    
Cost of sales, excluding amortization 308.4 255.7
Service    
Revenue:    
Revenue 161.1 162.3
Cost of sales:    
Cost of sales, excluding amortization 63.3 59.6
Subscription    
Revenue:    
Revenue 211.0 184.8
Cost of sales:    
Cost of sales, excluding amortization $ 49.9 $ 55.8