TRMB FY 2013 Earnings Report — Trimble Inc. Revenue & Financial Results | Market Cap Arena

Trimble Inc.TRMB

FY 2013 Earnings

Reported February 25, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$2.3B	—	—	—	—
Op. Income	$252M	—	—	—	—
Gross Margin	52.6%	—	—	—	—
Net Margin	9.6%	—	—	—	—
EPS (Diluted)	$0.84	—	—	—	—
Free Cash Flow	$344M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.2B
R&D Expenses	$299M
Selling & Marketing	$348M
General & Administrative	$217M
SG&A Expenses	$565M
Other Expenses	-$1M
Operating Expenses	$946M
Cost & Expenses	$2.0B
OPERATING INCOME	$252M
Interest Income	$0
Interest Expense	$18M
Other Income/Expenses	$1M
INCOME BEFORE TAX	$253M
Income Tax Expense	$35M
Net Income from Continuing Ops	$218M
Net Income from Discontinued Ops	$0
Other Adjustments	$45.0K
NET INCOME	$219M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$219M
D&A	$190M
EBIT	$270M
EBITDA	$460M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.2B
R&D Expenses	$299M
Selling & Marketing	$348M
General & Administrative	$217M
SG&A Expenses	$565M
Other Expenses	-$1M
Operating Expenses	$946M
Cost & Expenses	$2.0B
OPERATING INCOME	$252M
Interest Income	$0
Interest Expense	$18M
Other Income/Expenses	$1M
INCOME BEFORE TAX	$253M
Income Tax Expense	$35M
Net Income from Continuing Ops	$218M
Net Income from Discontinued Ops	$0
Other Adjustments	$45.0K
NET INCOME	$219M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$219M
D&A	$190M
EBIT	$270M
EBITDA	$460M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$218M
Depreciation & Amortization	$190M
Stock-Based Compensation	$36M
Deferred Income Tax	-$15M
Other Non-Cash Items	-$28M
Change in Working Capital	$14M
OPERATING CASH FLOW	$415M
Capital Expenditure	-$71M
Acquisitions (Net)	-$259M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$325M
Net Debt Issuance	-$160M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$61M
NET CASH FROM FINANCING	-$98M
FREE CASH FLOW	$344M
Net Change in Cash	-$11M

Balance Sheet

Item	Amount
Cash & Equivalents	$147M
Short-Term Investments	$0
Net Receivables	$361M
Inventory	$254M
Other Current Assets	$74M
TOTAL CURRENT ASSETS	$837M
PP&E (Net)	$143M
Goodwill	$2.0B
Intangible Assets	$619M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$112M
TOTAL NON-CURRENT ASSETS	$2.9B
TOTAL ASSETS	$3.7B
Account Payables	$113M
Short-Term Debt	$106M
Deferred Revenue	$159M
Other Current Liabilities	$181M
TOTAL CURRENT LIABILITIES	$577M
Long-Term Debt	$652M
Deferred Revenue NC	$20M
Deferred Tax Liabilities	$136M
Other Non-Current Liabilities	$81M
TOTAL NON-CURRENT LIABILITIES	$890M
TOTAL LIABILITIES	$1.5B
Common Stock	$1.1B
Additional Paid-In Capital	$0
Retained Earnings	$1.1B
Treasury Stock	$0
Accum. Other Comp. Income	$33M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.2B
Minority Interest	$13M
TOTAL EQUITY	$2.2B
TOTAL LIABILITIES & EQUITY	$3.7B
Total Debt	$758M
Net Debt	$611M