Trimble Reports First Quarter 2015 Results

 

REPORTING SEGMENTS

(Dollars in millions)

(Unaudited)





























Reporting Segments





Engineering












and


Field


Mobile


Advanced






Construction


Solutions


Solutions


Devices














FIRST QUARTER OF FISCAL 2015 :










Revenues


$      299.3


$   115.3


$   128.2


$     39.8















Operating income before corporate allocations:

$        37.0


$     40.6


$     20.5


$     15.2




Operating margin (% of segment external net revenues)

12.4%


35.2%


16.0%


38.2%














FIRST QUARTER OF FISCAL 2014 :










Revenues


$      309.3


$   138.2


$   118.6


$     38.6















Operating income before corporate allocations:

$        61.1

( A )

$     53.7

( A )

$     17.3

( A )

$     12.2

( A )



Operating margin (% of segment external net revenues)

19.8%


38.9%


14.6%


31.6%




( 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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