GARMIN LTD: 10-Q filed 2010-08-04
What GARMIN LTD reported in its quarterly report filed 2010-08-04 (fiscal Q2 2010): 35 published measures, 95 facts as tagged in accession 0001144204-10-041076.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2010-08-04
- Fiscal period
- fiscal Q2 2010
- Accession
- 0001144204-10-041076 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All GARMIN LTD filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 3,431,359,000 | USD | |
| At 2009-12-26 | 3,825,874,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 1,173,169,000 | USD | |
| At 2009-12-26 | 1,091,581,000 | USD | |
| At 2009-06-27 | 958,909,000 | USD | |
| At 2008-12-27 | 696,335,000 | USD |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | 381,867,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | 555,688,000 | USD | 182 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | -376,081,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | 2,238,000 | USD | 182 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | 104,950,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | -300,221,000 | USD | 182 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 2,648,589,000 | USD | |
| At 2009-12-26 | 2,816,607,000 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 198,948,000 | shares | 91 |
| 2009-12-27 to 2010-06-26 | 199,437,000 | shares | 182 |
| 2009-03-29 to 2009-06-27 | 200,296,000 | shares | 91 |
| 2008-12-28 to 2009-06-27 | 200,364,000 | shares | 182 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 200,102,000 | shares | 91 |
| 2009-12-27 to 2010-06-26 | 200,626,000 | shares | 182 |
| 2009-03-29 to 2009-06-27 | 200,853,000 | shares | 91 |
| 2008-12-28 to 2009-06-27 | 200,814,000 | shares | 182 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 0.68 | USD/shares | 91 |
| 2009-12-27 to 2010-06-26 | 0.86 | USD/shares | 182 |
| 2009-03-29 to 2009-06-27 | 0.81 | USD/shares | 91 |
| 2008-12-28 to 2009-06-27 | 1.05 | USD/shares | 182 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 0.67 | USD/shares | 91 |
| 2009-12-27 to 2010-06-26 | 0.86 | USD/shares | 182 |
| 2009-03-29 to 2009-06-27 | 0.81 | USD/shares | 91 |
| 2008-12-28 to 2009-06-27 | 1.05 | USD/shares | 182 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 29,593,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | 37,788,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 37,970,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 49,355,000 | USD | 182 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 426,805,000 | USD | |
| At 2009-12-26 | 441,338,000 | USD |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 202,043,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | 285,391,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 199,152,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 257,111,000 | USD | 182 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 2,159,517,000 | USD | |
| At 2009-12-26 | 2,393,871,000 | USD |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 436,436,000 | USD | |
| At 2009-12-26 | 683,668,000 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 150,519,000 | USD | |
| At 2009-12-26 | 203,388,000 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 499,324,000 | USD | |
| At 2009-12-26 | 874,110,000 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | 84,328,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | 1,849,000 | USD | 182 |
Operating expenses
Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 189,609,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | 337,170,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 152,462,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 290,498,000 | USD | 182 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 358,576,000 | USD | |
| At 2009-12-26 | 309,938,000 | USD |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 391,652,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | 622,561,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 351,614,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 547,609,000 | USD | 182 |
Selling, general and administrative expense
Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 73,832,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | 141,509,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 62,186,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 121,963,000 | USD | 182 |
Research and development expense
Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 73,337,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | 135,820,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 56,253,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 111,287,000 | USD | 182 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 197,554,000 | shares | |
| At 2009-12-26 | 200,274,000 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-12-26 | 32,221,000 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 2,038,000 | USD | |
| At 2009-12-26 | -13,382,000 | USD |
Total equity including noncontrolling interests
Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 2,651,614,000 | USD | |
| At 2009-12-26 | 2,836,447,000 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 1,317,000 | USD | |
| At 2009-12-26 | 1,267,000 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-06-26 | 81,162,000 | USD | |
| At 2009-12-26 | 143,568,000 | USD |
Profit or loss including noncontrolling interests
Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | 134,816,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | 172,144,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 161,871,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 210,409,000 | USD | 182 |
Depreciation expense
Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | 26,746,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | 26,335,000 | USD | 182 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-03-28 to 2010-06-26 | -37,634,000 | USD | 91 |
| 2009-12-27 to 2010-06-26 | -75,459,000 | USD | 182 |
| 2009-03-29 to 2009-06-27 | 689,000 | USD | 91 |
| 2008-12-28 to 2009-06-27 | 2,653,000 | USD | 182 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | 364,401,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | 233,166,000 | USD | 182 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | -64,272,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | 89,044,000 | USD | 182 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-12-27 to 2010-06-26 | -52,248,000 | USD | 182 |
| 2008-12-28 to 2009-06-27 | -23,175,000 | USD | 182 |
Inspect the source
- Entity
- GARMIN LTD / CIK 0001121788
- Captured
- 2026-09-20T07:39:57.594Z
- SEC response SHA-256
f132e5d872392f477b3b4f7e7f3e558fd35c4f5bb10547a94ed208bd01156dd5
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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