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Transferred At Point In Time
$6,910,894K
(15.80%↑ Y/Y)
Transferred Over Time
$334,625K
(1.78%↑ Y/Y)
Net sales
$7,245,519K
(15.06%↑ Y/Y)
Gross profit
$4,256,303K
(15.14%↑ Y/Y)
Interest income
$128,874K
(13.53%↑ Y/Y)
Foreign currency gains
(losses)
$7,847K
(138.09%↑ Y/Y)
Other income
$1,738K
(-79.52%↓ Y/Y)
Cost of goods sold
$2,989,216K
(14.95%↑ Y/Y)
Operating income
$1,876,076K
(17.70%↑ Y/Y)
Total other income
(expense)
$138,459K
(36.54%↑ Y/Y)
Total operating
expense
$2,380,227K
(13.21%↑ Y/Y)
Income before income
taxes
$2,014,535K
(18.82%↑ Y/Y)
Selling, general and
administrative expenses
$1,253,996K
(13.08%↑ Y/Y)
Research and development
expense
$1,126,231K
(13.35%↑ Y/Y)
Net income
$1,663,887K
(17.89%↑ Y/Y)
Total income tax
provision (benefit)
$350,648K
(23.48%↑ Y/Y)
Current
$268,102K
(-28.24%↓ Y/Y)
Deferred
$82,546K
(192.08%↑ Y/Y)
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Income Statement
source: myfinsight.com
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GARMIN LTD (GRMN)
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GARMIN LTD (GRMN)