XML 18 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Jan. 01, 2021
Jan. 03, 2020
Revenue:      
Total revenue $ 3,659.1 $ 3,147.7 $ 3,264.3
Cost of sales:      
Amortization of purchased intangible assets 87.7 92.3 94.1
Total cost of sales 1,624.4 1,392.8 1,483.4
Gross margin 2,034.7 1,754.9 1,780.9
Operating expense:      
Research and development 536.6 475.9 469.7
Sales and marketing 506.8 467.0 504.2
General and administrative 369.1 300.9 330.6
Restructuring charges 10.3 25.8 26.8
Amortization of purchased intangible assets 50.9 65.5 73.7
Total operating expense 1,473.7 1,335.1 1,405.0
Operating income 561.0 419.8 375.9
Non-operating expense, net:      
Interest expense, net (65.4) (77.6) (82.4)
Income from equity method investments, net 37.7 39.4 35.8
Other income, net 41.3 13.4 15.5
Total non-operating income (expense), net 13.6 (24.8) (31.1)
Income before taxes 574.6 395.0 344.8
Income tax provision (benefit) 81.8 4.4 (169.7)
Net income 492.8 390.6 514.5
Net gain attributable to noncontrolling interests 0.1 0.7 0.2
Net income attributable to Trimble Inc. $ 492.7 $ 389.9 $ 514.3
Earnings per share attributable to Trimble Inc.:      
Basic (in dollars per share) $ 1.96 $ 1.56 $ 2.05
Diluted (in dollars per share) $ 1.94 $ 1.55 $ 2.03
Shares used in calculating earnings per share:      
Basic (in shares) 251.4 250.5 250.8
Diluted (in shares) 254.3 252.3 252.9
Product      
Revenue:      
Total revenue $ 2,247.5 $ 1,828.0 $ 1,934.8
Cost of sales:      
Cost of goods and service excluding amortization 1,090.1 855.0 939.4
Service      
Revenue:      
Total revenue 649.4 644.8 686.2
Cost of sales:      
Cost of goods and service excluding amortization 229.9 234.5 253.9
Subscription      
Revenue:      
Total revenue 762.2 674.9 643.3
Cost of sales:      
Cost of goods and service excluding amortization $ 216.7 $ 211.0 $ 196.0