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Income Statement for Garmin Ltd (GRMN)

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Income Statement for Garmin Ltd.  (GRMN) 
$ 27.90      -0.70 (-2.45%) Volume: 253.79 k 10:14 AM EDT Oct 7, 2008
Statement: View:
Income in Millions of Dollars
12/2007 12/2006 12/2005 12/2004 12/2003
Operating Revenue 3,180 1,774 1,028 763 573
Adjustments to Revenue - - - - -
Cost of Revenue (1,653) (847) (449) (317) (222)
Gross Operating Profit 1,527 927 579 446 351
Selling/General/Admin Expense (396) (215) (122) (62) (60)
Research & Development (159) (113) (75) (79) (44)
EBITDA 971 599 382 305 247
Depreciation & Amortization (64) (44) (44) (35) (20)
EBIT 907 555 338 271 227
Interest Income 42 36 20 9 7
Other Income, Net 29 4 15 (25) (8)
Total Income Avail For Interest Expense 978 595 373 255 226
Interest Expense (0) (0) (0) (0) (1)
Pre-Tax Income 978 595 373 255 226
Income Taxes (123) (80) (61) (50) (47)
Minority Interest - - - - -
Net Income from Continuing Operations 855 514 311 206 179
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 855 514 311 206 179
Normalized Income 855 514 311 206 179
Extraordinary Income - - - - -
Special Income/Charges - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 855 514 311 206 179
Results in Dollars (Preferred Dividends in Millions)
12/2007 12/2006 12/2005 12/2004 12/2003
Dividends Paid Per Share 0.75 0.50 0.25 0.25 0.25
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 3.95 2.38 1.44 0.95 0.83
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 3.95 2.38 1.44 0.95 0.83
Diluted EPS from Continuing Operations 3.89 2.35 1.43 0.95 0.82
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 3.89 2.35 1.43 0.95 0.82

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Date:Sep 2, 2008
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