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Garmin Ltd (NAS:GRMN)
Non-Recurring Items
$-39 Mil (TTM As of Jun. 2015)

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 Jun. 2015 was $-1 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2015 was $-39 Mil.

As of today, Garmin Ltd's share price is $41.91. Garmin Ltd's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2015 was $1.40. Therefore, Garmin Ltd's P/E (NRI) ratio for today is 29.94.


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 Jun. 2015 was -12.186 (Sep. 2014 ) + 17.094 (Dec. 2014 ) + -43.526 (Mar. 2015 ) + -0.526 (Jun. 2015 ) = $-39 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 $41.91.
Garmin Ltd's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2015 was -0.76 (Sep. 2014 ) + 1.09 (Dec. 2014 ) + 0.35 (Mar. 2015 ) + 0.72 (Jun. 2015 ) = $1.40.

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Non Operating Income 1542917-1-83-2-1544-2

Garmin Ltd Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Non Operating Income -72912212-20-1217-44-1
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