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Garmin Ltd (NAS:GRMN)
Non-Recurring Items
$64 Mil (TTM As of Mar. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Garmin Ltd's non-recurring items for the three months ended in Mar. 2014 was $12 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $64 Mil.

As of today, Garmin Ltd's share price is $56.35. Garmin Ltd's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $3.28. Therefore, Garmin Ltd's P/E (NRI) ratio for today is 17.18.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Garmin Ltd Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2014 was 28.52 (Jun. 2013 ) + 0.616 (Sep. 2013 ) + 22.309 (Dec. 2013 ) + 12.33 (Mar. 2014 ) = $64 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Garmin Ltd's P/E (NRI) Ratio for today is calculated as

Garmin Ltd's Share Price of today is $56.35.
Garmin Ltd's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2014 was 0.88 (Jun. 2013 ) + 0.96 (Sep. 2013 ) + 0.83 (Dec. 2013 ) + 0.61 (Mar. 2014 ) = $3.28.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Garmin Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income -251542917-1-83-2-1544

Garmin Ltd Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Non Operating Income -24-0-5-5-4-72912212
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