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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Oct. 02, 2015
Sep. 30, 2016
Oct. 02, 2015
Revenue:        
Product $ 384.9 $ 373.0 $ 1,185.5 $ 1,168.2
Service 105.6 103.9 316.9 310.5
Subscription 93.6 85.4 274.3 252.0
Total revenue 584.1 562.3 1,776.7 1,730.7
Cost of sales:        
Product 186.6 175.5 576.0 554.0
Service 40.7 39.4 126.3 123.0
Subscription 26.0 26.1 79.3 75.8
Amortization of purchased intangible assets 21.8 23.3 69.9 68.8
Total cost of sales 275.1 264.3 851.5 821.6
Gross margin 309.0 298.0 925.2 909.1
Operating expense:        
Research and development 86.9 79.6 266.6 251.3
Sales and marketing 88.6 89.1 282.7 281.8
General and administrative 59.2 63.2 193.1 192.1
Restructuring charges 3.5 2.7 9.8 9.0
Amortization of purchased intangible assets 15.5 17.4 47.3 53.4
Total operating expense 253.7 252.0 799.5 787.6
Operating income 55.3 46.0 125.7 121.5
Non-operating income (expense), net:        
Interest expense (6.6) (6.4) (19.8) (19.1)
Foreign currency transaction gain (loss), net 0.0 0.1 (1.6) 1.2
Income from equity method investments, net 5.2 4.7 13.9 14.1
Other income (expense), net (1.7) (0.9) 1.7 5.8
Total non-operating income (expense), net (3.1) (2.5) (5.8) 2.0
Income before taxes 52.2 43.5 119.9 123.5
Income tax provision 13.0 6.5 25.4 26.7
Net income 39.2 37.0 94.5 96.8
Less: Net loss attributable to noncontrolling interests 0.0 (0.1) (0.2) (0.3)
Net income attributable to Trimble Navigation Limited: $ 39.2 $ 37.1 $ 94.7 $ 97.1
Basic earnings per share $ 0.16 $ 0.15 $ 0.38 $ 0.38
Shares used in calculating basic earnings per share 249.7 254.8 250.5 257.5
Diluted earnings per share $ 0.15 $ 0.14 $ 0.37 $ 0.37
Shares used in calculating diluted earnings per share 253.2 257.2 253.7 260.3