Trimble Announces Record 2018 Financial Results


*  Prior-period information has been restated for the adoption of ASC 606, Revenue from Contracts with Customers.

 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In millions)

(Unaudited)






Fiscal Years






2018


2017








* As Adjusted









Cash flow from operating activities:






Net Income


$      283.3


$         118.5










Adjustments to reconcile net income to net cash provided by







operating activities:








Depreciation expense


35.6


34.6




Amortization expense


179.6


148.8




Stock-based compensation


76.9


64.8




Income (loss) from equity method investments


1.9


(11.4)




Other non-cash items


14.7


(1.3)










Decrease (increase) in assets:








Accounts receivable, net


(51.0)


(42.7)




Inventories


(45.0)


(37.3)




Other current and non-current assets


(22.6)


(10.0)










Increase (decrease) in liabilities:








Accounts payable


(2.0)


25.7




Accrued compensation and benefits


18.6


34.0




Deferred revenue


76.3


19.3




Other liabilities


(79.6)


86.7

Net cash provided by operating activities


486.7


429.7









Cash flow from investing activities:






Acquisitions of businesses, net of cash acquired


(1,763.5)


(280.2)


Acquisitions of property and equipment


(67.6)


(43.7)


Purchases of short-term investments


(24.0)


(288.0)


Proceeds from maturities of short-term investments


6.2


122.1


Proceeds from sales of short-term investments


196.8


97.7


Other


2.5


20.9

Net cash used in investing activities


(1,649.6)


(371.2)









Cash flow from financing activities:






Issuance of common stock, net of tax withholdings


40.2


73.8


Repurchases of common stock


(93.0)


(285.3)


Proceeds from debt and revolving credit lines


2,976.4


786.0


Payments on debt and revolving credit lines


(1,925.1)


(495.4)


Other


(9.1)


(12.6)

Net cash provided by financing activities


989.4


66.5









Effect of exchange rate changes on cash and cash equivalents


(12.5)


17.4









Net increase (decrease) in cash and cash equivalents


(186.0)


142.4

Cash and cash equivalents - beginning of period


358.5


216.1









Cash and cash equivalents - end of period


$      172.5


$         358.5



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Engineer 2 for Lam Research at Fremont, California
Upcoming Events
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise