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Garmin Ltd.$93.27($2.45)(2.56%)

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Income Statement for Garmin Ltd.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $3,757.51 $3,347.44 $3,087.00
Cost of Goods Sold $1,523.53 $1,367.73 $1,303.84
Gross Profit $2,233.98 $1,979.72 $1,783.16
       
Research & Development Expense $605.37 $567.81 $511.63
Selling, General, & Admin. Expense $683.02 $633.57 $602.67
Income Before Depreciation $945.59 $778.34 $668.86
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $41.64 $44.90 $13.43
Interest Expense $0.00 $0.00 $0.00
Pretax Income $987.22 $823.25 $682.29
       
Provision for Income Taxes $34.74 $129.17 ($12.66)
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $952.49 $694.08 $694.96
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $952.49 $694.08 $694.96
       
Basic Earnings Per Share $5.01 $3.68 $3.70
Diluted Earnings Per Share $4.99 $3.66 $3.68
       
Weighted Average Basic Shares Outstanding 189.93 188.64 187.83
Weighted Average Diluted Shares Outstanding 190.90 189.73 188.73
       
Income Before Non-Recurring Items $848.70 $700.50 $555.33
Income From Non-Recurring Items $103.79 ($6.42) $139.63
Diluted Earnings Per Share before extras $4.45 $3.69 $2.94
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $443.69 $415.96 $382.50
Dividend Per Share (common) $2.24 $2.10 $2.04




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