|
CONDENSED CONSOLIDATED BALANCE SHEETS |
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(In thousands) |
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(Unaudited) |
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Third Quarter of |
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Fiscal Year End | |
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As of |
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2014 |
|
2013 | |
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Assets |
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|
|
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|
|
|
|
| |
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Current assets: |
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|
|
| |
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Cash and cash equivalents |
|
$ 139,477 |
|
$ 147,227 | |
|
Accounts receivables, net |
|
358,504 |
|
337,932 | |
|
Other receivables |
|
29,791 |
|
23,143 | |
|
Inventories, net |
|
278,028 |
|
254,311 | |
|
Deferred income taxes |
|
44,743 |
|
38,597 | |
|
Other current assets |
|
45,659 |
|
35,807 | |
|
Total current assets |
|
896,202 |
|
837,017 | |
|
|
|
|
|
| |
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Property and equipment, net |
|
153,823 |
|
142,975 | |
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Goodwill |
|
2,051,560 |
|
1,989,470 | |
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Other purchased intangible assets, net |
|
571,923 |
|
619,399 | |
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Other non-current assets |
|
126,027 |
|
111,979 | |
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|
|
|
|
| |
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Total assets |
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$ 3,799,535 |
|
$ 3,700,840 | |
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|
|
|
|
| |
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Liabilities |
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|
|
| |
|
|
|
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Current liabilities: |
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|
|
| |
|
Current portion of long-term debt |
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$ 69,020 |
|
$ 106,402 | |
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Accounts payable |
|
104,758 |
|
112,522 | |
|
Accrued compensation and benefits |
|
87,980 |
|
95,866 | |
|
Deferred revenue |
|
205,714 |
|
159,295 | |
|
Accrued warranty expense |
|
20,422 |
|
17,781 | |
|
Other accrued liabilities |
|
85,074 |
|
85,124 | |
|
Total current liabilities |
|
572,968 |
|
576,990 | |
|
|
|
|
|
| |
|
Non-current portion of long-term debt |
|
577,720 |
|
652,056 | |
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Non-current deferred revenue |
|
25,274 |
|
20,431 | |
|
Deferred income taxes |
|
114,337 |
|
136,399 | |
|
Other non-current liabilities |
|
145,567 |
|
80,982 | |
|
Total liabilities |
|
1,435,866 |
|
1,466,858 | |
|
|
|
|
|
| |
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Commitments and contingencies |
|
|
|
| |
|
|
|
|
|
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Equity |
|
|
|
| |
|
|
|
|
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Shareholders' equity: |
|
|
|
| |
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Common stock |
|
1,197,146 |
|
1,106,017 | |
|
Retained earnings |
|
1,184,228 |
|
1,081,695 | |
|
Accumulated other comprehensive income (loss) |
|
(29,509) |
|
33,194 | |
|
Total Trimble Navigation Ltd. shareholders' equity |
|
2,351,865 |
|
2,220,906 | |
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Noncontrolling interests |
|
11,804 |
|
13,076 | |
|
Total equity |
|
2,363,669 |
|
2,233,982 | |
|
|
|
|
|
| |
|
Total liabilities and equity |
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$ 3,799,535 |
|
$ 3,700,840 | |
|
Trimble Reports Third Quarter 2014 Results
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