|
CONDENSED CONSOLIDATED BALANCE SHEETS |
||||
|
(In millions) |
||||
|
(Unaudited) |
||||
|
First Quarter of |
Fiscal Year End |
|||
|
As of |
2015 |
2014 |
||
|
Assets |
||||
|
Current assets: |
||||
|
Cash and cash equivalents |
$ 145.7 |
$ 148.0 |
||
|
Accounts receivable, net |
383.0 |
362.0 |
||
|
Other receivables |
20.4 |
29.5 |
||
|
Inventories, net |
276.0 |
278.1 |
||
|
Deferred income taxes |
47.1 |
45.6 |
||
|
Other current assets |
44.8 |
39.4 |
||
|
Total current assets |
917.0 |
902.6 |
||
|
Property and equipment, net |
155.2 |
157.4 |
||
|
Goodwill |
2,059.4 |
2,101.2 |
||
|
Other purchased intangible assets, net |
546.2 |
594.5 |
||
|
Other non-current assets |
119.9 |
118.6 |
||
|
Total assets |
$ 3,797.7 |
$ 3,874.3 |
||
|
Liabilities |
||||
|
Current liabilities: |
||||
|
Current portion of long-term debt |
$ 133.1 |
$ 64.4 |
||
|
Accounts payable |
114.0 |
103.8 |
||
|
Accrued compensation and benefits |
81.1 |
98.9 |
||
|
Deferred revenue |
255.4 |
211.6 |
||
|
Accrued warranty expense |
19.0 |
20.6 |
||
|
Other accrued liabilities |
95.7 |
89.0 |
||
|
Total current liabilities |
698.3 |
588.3 |
||
|
Non-current portion of long-term debt |
530.3 |
674.0 |
||
|
Non-current deferred revenue |
27.0 |
26.3 |
||
|
Deferred income taxes |
110.8 |
121.1 |
||
|
Other non-current liabilities |
90.7 |
95.8 |
||
|
Total liabilities |
1,457.1 |
1,505.5 |
||
|
Commitments and contingencies |
||||
|
Equity |
||||
|
Shareholders' equity: |
||||
|
Common stock |
1,233.3 |
1,207.3 |
||
|
Retained earnings |
1,234.5 |
1,211.0 |
||
|
Accumulated other comprehensive loss |
(128.4) |
(61.3) |
||
|
Total Trimble Navigation Ltd. shareholders' equity |
2,339.4 |
2,357.0 |
||
|
Noncontrolling interests |
1.2 |
11.8 |
||
|
Total equity |
2,340.6 |
2,368.8 |
||
|
Total liabilities and equity |
$ 3,797.7 |
$ 3,874.3 |
||
|
Trimble Reports First Quarter 2015 Results
|
|
||||||
|
|
|||||||
|
|||||||
