Management believes that free cash flow is an important financial measure because it represents the amount of cash provided by operations that is available for investing and defines it as operating cash flow less capital expenditures for property and equipment.

Garmin Ltd. And Subsidiaries
Free Cash Flow
(in thousands)
		13-Weeks Ended						39-weeks Ended
		Sept 28,			Sept 29,			Sept 28,			Sept 29,
		2013			2012			2013			2012
Net cash provided by operating activities		$216,609			$164,901			$480,271			$510,034
Less: purchases of property and equipment		($11,602	)		($9,455	)		($41,325	)		($26,881	)
Free Cash Flow		$205,007			$155,446			$438,946			$483,153

 

 

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Contact:

Garmin Ltd.
Investor Relations:
Kerri Thurston, 913-397-8200
Email Contact
or
Media Relations:
Ted Gartner, 913-397-8200
Email Contact