Trimble Reports Third Quarter 2015 Results

 

REPORTING SEGMENTS

(Dollars in millions)

(Unaudited)

                         
                         
         

Reporting Segments

         

Engineering

             
         

and

 

Field

 

Mobile

 

Advanced

 
         

Construction

 

Solutions

 

Solutions

 

Devices

 
                         

THIRD QUARTER OF FISCAL 2015 :

                 
 

Revenue

 

$       326.4

 

$    73.5

 

$  131.6

 

$    30.8

 
                         
 

Operating income before corporate allocations

 

$        68.8

 

$    19.5

 

$    23.1

 

$    10.8

 
   

Operating margin (% of segment external net revenue)

 

21.1%

 

26.5%

 

17.6%

 

35.1%

 
                         

THIRD QUARTER OF FISCAL 2014 :

                 
 

Revenue

 

$       342.2

 

$    88.8

 

$  121.2

 

$    32.6

 
                         
 

Operating income before corporate allocations

 

$        74.2

 ( A ) 

$    26.1

 ( A ) 

$    19.5

 ( A ) 

$      9.6

 ( A ) 

   

Operating margin (% of segment external net revenue)

 

21.7%

 

29.4%

 

16.1%

 

29.4%

 
                         

FIRST THREE QUARTERS OF 2015 :

                 
 

Revenue

 

$       964.2

 

$  275.9

 

$  388.1

 

$  102.5

 
                         
 

Operating income before corporate allocations

 

$       166.3

 

$    85.0

 

$    62.5

 

$    37.1

 
   

Operating margin (% of segment external net revenue)

 

17.2%

 

30.8%

 

16.1%

 

36.2%

 
                         

FIRST THREE QUARTERS OF 2014 :

                 
 

Revenue

 

$    1,019.6

 

$  341.4

 

$  362.7

 

$  108.0

 
                         
 

Operating income before corporate allocations

 

$       231.0

 ( A ) 

$  119.4

 ( A ) 

$    58.5

 ( A ) 

$    34.4

 ( A ) 

   

Operating margin (% of segment external net revenue)

 

22.7%

 

35.0%

 

16.1%

 

31.9%

 
 

( A ) Beginning with the first quarter of fiscal 2015,  the Company changed its methodology for allocating stock-based compensation. Historically, the Company allocated stock-based compensation to each business segment. Beginning in the first quarter of fiscal 2015, stock-based compensation is considered a corporate expense and not reflected in segment results.  The Company has adjusted the segment operating income for all prior periods to conform to the current year methodology. 


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