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Garmin Ltd.$81.41($.59)(.72%)

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Income Statement for Garmin Ltd.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $3,347.44 $3,087.00 $3,018.67
Cost of Goods Sold $1,367.73 $1,303.84 $1,339.10
Gross Profit $1,979.72 $1,783.16 $1,679.57
       
Research & Development Expense $567.81 $511.63 $467.96
Selling, General, & Admin. Expense $633.57 $602.67 $587.70
Income Before Depreciation $778.34 $668.86 $623.91
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $44.90 $13.43 $5.76
Interest Expense $0.00 $0.00 $0.00
Pretax Income $823.25 $682.29 $629.67
       
Provision for Income Taxes $129.17 ($12.66) $118.86
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 $694.08 $694.96 $510.81
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $694.08 $694.96 $510.81
       
Basic Earnings Per Share $3.68 $3.70 $2.71
Diluted Earnings Per Share $3.66 $3.68 $2.70
       
Weighted Average Basic Shares Outstanding 188.64 187.83 188.82
Weighted Average Diluted Shares Outstanding 189.73 188.73 189.34
       
Income Before Non-Recurring Items $700.50 $555.33 $536.49
Income From Non-Recurring Items ($6.42) $139.63 ($25.68)
Diluted Earnings Per Share before extras $3.69 $2.94 $2.83
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $415.96 $382.50 $403.13
Dividend Per Share (common) $2.10 $2.04 $2.04




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