Trimble Announces Fourth Quarter and Full Year 2021 Results and Initiates 2022 Guidance

 

REPORTING SEGMENTS

GAAP TO NON-GAAP RECONCILIATION

(In millions)

(Unaudited)




Reporting Segments



Buildings and
Infrastructure


Geospatial


Resources and
Utilities


Transportation

FOURTH QUARTER OF 2021 :









Revenue


$           365.1


$           222.1


$           183.8


$           155.0

Purchase accounting adjustments

(A)




Non-GAAP revenue


$           365.1


$           222.1


$           183.8


$           155.0










Operating income before corporate allocations


$           111.5


$             64.4


$             52.8


$               7.0

Purchase accounting adjustments

(A)

(0.9)




(0.1)

Non-GAAP operating income before allocations


$           110.6


$             64.4


$             52.8


$               6.9










Operating margin (% of segment external net revenue)


30.5 %


29.0 %


28.7 %


4.5     %

Non-GAAP Operating margin (% of segment Non-GAAP external net revenue)


30.3 %


29.0 %


28.7 %


4.5     %










FOURTH QUARTER OF 2020 :









Revenue


$           321.3


$           193.5


$           155.2


$           159.7

Purchase accounting adjustments

(A)

0.1



0.1


0.1

Non-GAAP revenue


$           321.4


$           193.5


$           155.3


$           159.8










Operating income before corporate allocations


$             97.1


$             65.1


$             50.6


$             10.2

Purchase accounting adjustments

(A)

(1.1)



0.1


Non-GAAP operating income before allocations


$             96.0


$             65.1


$             50.7


$             10.2










Operating margin (% of segment external net revenue)


30.2 %


33.6 %


32.6 %


6.4     %

Non-GAAP Operating margin (% of segment Non-GAAP external net revenue)


29.9 %


33.6 %


32.6 %


6.4     %


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