GARMIN LTD: 10-Q filed 2015-10-28
What GARMIN LTD reported in its quarterly report filed 2015-10-28 (fiscal Q3 2015): 37 published measures, 106 facts as tagged in accession 0001615774-15-003047.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2015-10-28
- Fiscal period
- fiscal Q3 2015
- Accession
- 0001615774-15-003047 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 2015-09-26 | 4,388,472,000 | USD | |
| At 2014-12-27 | 4,693,303,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-26 | 3,234,685,000 | USD | |
| At 2014-12-27 | 3,403,367,000 | 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 2015-09-26 | 914,907,000 | USD | |
| At 2014-12-27 | 1,196,268,000 | USD | |
| At 2014-09-27 | 1,154,558,000 | USD | |
| At 2013-12-28 | 1,179,149,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 119,299,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 323,844,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | -146,834,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 153,966,000 | USD | 273 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | 53,297,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | 54,829,000 | USD | 273 |
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 2015-09-26 | 1,795,900,000 | USD | |
| At 2014-12-27 | 1,859,972,000 | 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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 190,342 | shares | 91 |
| 2014-12-28 to 2015-09-26 | 191,068 | shares | 273 |
| 2014-06-29 to 2014-09-27 | 192,239 | shares | 91 |
| 2013-12-29 to 2014-09-27 | 193,700 | shares | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 190,822 | shares | 91 |
| 2014-12-28 to 2015-09-26 | 191,523 | shares | 273 |
| 2014-06-29 to 2014-09-27 | 192,239 | shares | 91 |
| 2013-12-29 to 2014-09-27 | 194,763 | shares | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 0.63 | USD/shares | 91 |
| 2014-12-28 to 2015-09-26 | 1.69 | USD/shares | 273 |
| 2014-06-29 to 2014-09-27 | -0.76 | USD/shares | 91 |
| 2013-12-29 to 2014-09-27 | 0.79 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 0.63 | USD/shares | 91 |
| 2014-12-28 to 2015-09-26 | 1.69 | USD/shares | 273 |
| 2014-06-29 to 2014-09-27 | -0.76 | USD/shares | 91 |
| 2013-12-29 to 2014-09-27 | 0.79 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 45,592,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 90,800,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | 319,496,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 369,882,000 | USD | 273 |
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 2015-09-26 | 439,094,000 | USD | |
| At 2014-12-27 | 430,887,000 | USD | |
| At 2014-09-27 | 431,753,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | 19,596,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | 18,988,000 | USD | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 125,457,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 403,819,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | 175,504,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 514,626,000 | USD | 273 |
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 2015-09-26 | 2,231,953,000 | USD | |
| At 2014-12-27 | 2,510,976,000 | 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 2015-09-26 | 894,656,000 | USD | |
| At 2014-12-27 | 1,033,261,000 | 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 2015-09-26 | 158,663,000 | USD | |
| At 2014-12-27 | 149,094,000 | 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 2015-09-26 | 431,942,000 | USD | |
| At 2014-12-27 | 570,191,000 | 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 |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | 108,057,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | 241,460,000 | USD | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 236,733,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 721,742,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | 222,742,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 658,938,000 | USD | 273 |
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 2015-09-26 | 503,183,000 | USD | |
| At 2014-12-27 | 420,475,000 | 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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 362,190,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 1,125,561,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | 398,246,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 1,173,564,000 | USD | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 94,057,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 290,359,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | 90,632,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 272,914,000 | USD | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 105,789,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 321,031,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | 98,998,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 293,567,000 | USD | 273 |
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 2015-09-26 | 190,342 | shares | |
| At 2014-12-27 | 191,815 | shares |
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 2015-09-26 | -23,149,000 | USD | |
| At 2015-06-27 | 24,075,000 | USD | |
| At 2014-12-27 | 2,571,000 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-26 | 106,336,000 | USD | |
| At 2014-12-27 | 21,853,000 | 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 2015-09-26 | 1,560,000 | USD | |
| At 2014-12-27 | 1,437,000 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-26 | 72,704,000 | USD | |
| At 2014-12-27 | 48,615,000 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 164,891,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 414,644,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | 172,662,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 523,848,000 | USD | 273 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 72,075,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 298,124,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | -172,957,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 163,095,000 | USD | 273 |
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 |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | 37,936,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | 35,860,000 | USD | 273 |
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 |
|---|---|---|---|
| 2015-06-28 to 2015-09-26 | 39,434,000 | USD | 91 |
| 2014-12-28 to 2015-09-26 | 10,825,000 | USD | 273 |
| 2014-06-29 to 2014-09-27 | -2,842,000 | USD | 91 |
| 2013-12-29 to 2014-09-27 | 9,222,000 | USD | 273 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | 5,796,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | 55,235,000 | USD | 273 |
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 |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | -123,875,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | -74,323,000 | USD | 273 |
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 |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | 111,008,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | 107,273,000 | USD | 273 |
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 |
|---|---|---|---|
| 2014-12-28 to 2015-09-26 | 16,864,000 | USD | 273 |
| 2013-12-29 to 2014-09-27 | -3,209,000 | USD | 273 |
Inspect the source
- Entity
- GARMIN LTD / CIK 0001121788
- Captured
- SEC response SHA-256
f132e5d872392f477b3b4f7e7f3e558fd35c4f5bb10547a94ed208bd01156dd5
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.
Use this in research
A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.
These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.
Research methodology · Execution and cost assumptions · Check backtest overfitting
Build with the open-source tools
Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001121788.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))