Garmin Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	556.60M	909.64M	666.99M	674.10M	507.83M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	272.84M	475.86M	322.66M	352.00M	269.46M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	283.76M	433.79M	344.33M	322.10M	238.37M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense	79.72M	84.66M	72.94M	70.52M	70.48M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	113.71M	149.04M	124.06M	119.99M	93.14M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	466.26M	709.55M	519.66M	542.51M	433.08M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	90.33M	200.09M	147.33M	131.59M	74.75M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	9.223M	-14.96M	27.70M	-4.519M	22.17M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	99.56M	185.13M	175.04M	127.07M	96.93M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	12.70M	19.57M	24.66M	17.60M	1.444M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	86.86M	165.56M	150.38M	109.48M	95.48M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	86.86M	165.56M	150.38M	109.48M	95.48M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	86.86M	165.56M	150.38M	109.48M	95.48M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	195.67	194.89	194.83	194.88	194.72	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	194.74	194.10	194.11	194.05	193.92	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.45	0.86	0.77	0.56	0.49	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.44	0.85	0.77	0.56	0.49	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro