Business Combinations (Tables)
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12 Months Ended |
Jan. 03, 2014
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Business Acquisition [Line Items] |
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Business Combination, Separately Recognized Transactions [Table Text Block] |
| | | | | | | | | | | | | (in thousands) | Fiscal 2013 | | Fiscal 2012 | | Fiscal 2011 | Fair value of total purchase consideration | $ | 284,710 |
| | $ | 747,822 |
| | $ | 797,801 |
| Fair value of net assets acquired | 20,919 |
| | 28,846 |
| | 23,121 |
| Identified intangible assets | 130,063 |
| | 284,861 |
| | 374,928 |
| Deferred taxes | (26,326 | ) | | (69,774 | ) | | (96,330 | ) | Noncontrolling interest | (1,968 | ) | | (387 | ) | | — |
| Goodwill | $ | 162,022 |
| | $ | 504,276 |
| | $ | 496,082 |
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Schedule Of Total Intangible Assets |
| | | | | | | | | | | | | | | | | | | | | | | | | | At the End of Fiscal 2013 | | At the End of Fiscal 2012 | (in thousands) | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | Developed product technology | $ | 699,479 |
| | $ | (363,389 | ) | | $ | 336,090 |
| | $ | 610,643 |
| | $ | (267,952 | ) | | $ | 342,691 |
| Trade names and trademarks | 46,195 |
| | (28,699 | ) | | 17,496 |
| | 42,512 |
| | (23,241 | ) | | 19,271 |
| Customer relationships | 424,630 |
| | (189,338 | ) | | 235,292 |
| | 385,269 |
| | (135,571 | ) | | 249,698 |
| Distribution rights and other intellectual properties | 79,844 |
| | (49,323 | ) | | 30,521 |
| | 72,510 |
| | (39,751 | ) | | 32,759 |
| | $ | 1,250,148 |
| | $ | (630,749 | ) | | $ | 619,399 |
| | $ | 1,110,934 |
| | $ | (466,515 | ) | | $ | 644,419 |
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Schedule Of Amortization Expense Of Purchased And Other Intangible Assets |
| | | | | | | | | | | | | Fiscal Years | 2013 | | 2012 | | 2011 | (in thousands) | | | | | | Reported as: | | | | | | Cost of sales | $ | 81,119 |
| | $ | 60,277 |
| | $ | 37,197 |
| Operating expenses | 81,722 |
| | 65,430 |
| | 48,705 |
| Total | $ | 162,841 |
| | $ | 125,707 |
| | $ | 85,902 |
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Schedule Of Estimated Future Amortization Expense Of Intangible Assets |
| | | | | | | 2014 | $ | 151,661 |
| 2015 | 138,975 |
| 2016 | 119,502 |
| 2017 | 97,629 |
| 2018 | 68,103 |
| Thereafter | 43,529 |
| Total | $ | 619,399 |
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Schedule Of Changes In Carrying Amount Of Goodwill |
| | | | | | | | | | | | | | | | | | | | | | Engineering and Construction | | Field Solutions | | Mobile Solutions | | Advanced Devices | | Total | At the end of fiscal 2012 | $ | 958,103 |
| | $ | 68,684 |
| | $ | 763,386 |
| | $ | 25,526 |
| | $ | 1,815,699 |
| Additions due to acquisitions | 109,119 |
| | 18,513 |
| | 34,390 |
| | — |
| | 162,022 |
| Purchase price adjustments | 26 |
| | — |
| | 441 |
| | 35 |
| | 502 |
| Foreign currency translation adjustments | 12,992 |
| | 1,454 |
| | (2,123 | ) | | (1,076 | ) | | 11,247 |
| At the end of fiscal 2013 | $ | 1,080,240 |
| | $ | 88,651 |
| | $ | 796,094 |
| | $ | 24,485 |
| | $ | 1,989,470 |
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Schedule of Business Acquisitions, by Acquisition |
| | | | | | | | | | | | | | 2012 | | | | 2011 | | | | TMW | | | | Tekla | | | (Dollars in thousands) | | | | | | | | Total purchase consideration | $ | 333,414 |
| | | | $ | 457,387 |
| * | | Net tangible assets acquired | 3,068 |
| | | | 13,279 |
| | | Intangible assets acquired: | | | Estimated Useful Life | | | | Estimated Useful Life | Developed product technology | 71,250 |
| | 6 years | | 107,260 |
| | 7 years | In-process research and development | — |
| | | | 7,591 |
| | Evaluated upon completion | Order backlog | 2,630 |
| | 1 year | | 1,246 |
| | 6 months | Customer relationships | 70,900 |
| | 8 years | | 83,929 |
| | 8 years | Trade name | 4,200 |
| | 5 years | | 7,648 |
| | 8 years | Subtotal | 148,980 |
| | | | 207,674 |
| | | Deferred tax liability | (52,495 | ) | | | | (53,996 | ) | | | Less fair value of all assets/liabilities acquired | 99,553 |
| | | | 166,957 |
| | | Goodwill | $ | 233,861 |
| | | | $ | 290,430 |
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* Of the $457.4 million, $2.5 million was held in a cash account at the end of fiscal 2011 and represents the 0.54% of shares that were not yet acquired by the Company. In February, 2012 the Company purchased the remaining shares at the same per share price as was provided for the original 99.46% of shares obtained. Therefore, the non-controlling interest was valued based on that per-share price. |
Schedule Of Net Tangible Assets Acquired |
Details of the net tangible assets acquired are as follows: | | | | | | | | | | | 2012 | | 2011 | | | TMW | | Tekla | | (Dollars in thousands) | | | | | Cash and cash equivalents | $ | 1,478 |
| | $ | 12,871 |
| | Accounts receivable | 17,719 |
| | 12,862 |
| | Other receivables | 549 |
| | 1,712 |
| | Deferred income taxes | 1,162 |
| | — |
| | Other current assets | 1,967 |
| | 2,181 |
| | Property and equipment, net | 1,773 |
| | 4,066 |
| | Other non-current assets | 278 |
| | 5,113 |
| | Accounts payable | (409 | ) | | (1,329 | ) | | Accrued liabilities | (8,642 | ) | | (12,842 | ) | | Deferred revenue liability | (7,677 | ) | | (10,048 | ) | | Deferred income tax liabilities | (4,841 | ) | | — |
| | Other non-current liabilities | (289 | ) | | (1,307 | ) | | Net tangible assets acquired | $ | 3,068 |
| | $ | 13,279 |
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Schedule Of Pro Forma Financial Information |
The pro forma information for fiscal 2012 and 2011 is as follows: | | | | | | | | | Fiscal Years | 2012 | | 2011 | (Dollars in thousands) | | | | Total revenues | $ | 2,132,918 |
| | $ | 1,784,822 |
| Net income | 193,837 |
| | 143,850 |
| Net income attributable to Trimble Navigation Ltd. | 195,181 |
| | 145,695 |
| Basic earnings per share | $ | 1.55 |
| | $ | 1.19 |
| Diluted earnings per share | $ | 1.52 |
| | $ | 1.16 |
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