Trimble Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.65B | $2.36B | $2.30B | $2.29B | $2.28B | $2.04B | $1.64B | $1.29B |
| Product | $1.71B | $1.82B | $1.81B | — | $1.91B | $1.75B | $1.44B | $1.14B |
| Subscription and Services | $937.6M | $546.0M | $488.0M | — | $373.3M | $292.0M | $203.0M | $146.5M |
| Cost of Revenue | $1.26B | $1.12B | $1.10B | $1.08B | — | $993.9M | $814.5M | $648.4M |
| Gross Profit | $1.38B | $1.23B | $1.29B | $1.20B | — | $1.05B | $829.6M | $645.5M |
| Gross Margin | 51.9% | 52.2% | 56.1% | 52.6% | — | 51.2% | 50.5% | 50.1% |
| Operating Expenses | ||||||||
| Research & Development | $370.2M | $349.6M | $318.0M | $299.4M | — | $256.5M | $197.0M | $150.1M |
| SG&A Expense | $301.7M | $256.0M | $247.1M | $216.9M | — | $195.8M | $158.4M | $118.4M |
| Operating Income | $235.7M | $180.4M | $260.8M | $251.7M | — | $212.6M | $156.4M | $127.6M |
| Operating Margin | 8.9% | 7.6% | 11.3% | 11.0% | — | 10.4% | 9.5% | 9.9% |
| Interest Expense | — | — | — | — | — | — | $8.6M | $1.8M |
| Pretax Income | $248.2M | $176.1M | $266.0M | $252.9M | — | $229.4M | $167.5M | $141.1M |
| Income Tax Expense | $129.7M | $43.9M | $52.1M | $34.7M | — | $39.7M | $18.5M | $37.5M |
| Net Income | $118.4M | $132.4M | $214.1M | $218.9M | — | $191.1M | $150.8M | $103.7M |
| Net Margin | 4.5% | 5.6% | 9.3% | 9.6% | — | 9.4% | 9.2% | 8.0% |
| EPS (Basic) | $0.47 | $0.53 | $0.82 | $0.85 | — | $0.76 | $0.61 | $0.43 |
| EPS (Diluted) | $0.46 | $0.52 | $0.81 | $0.84 | — | $0.74 | $0.60 | $0.42 |
| Shares Outstanding (Basic) | 252.1M | 250.5M | 260.1M | 256.6M | 127.7M | 251.1M | 245.5M | 240.7M |
| Shares Outstanding (Diluted) | 256.7M | 253.9M | 264.5M | 261.2M | 127.7M | 256.8M | 252.3M | 247.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |