Over deferren gesproken…. Garmin kan er over meepraten.
(stuwmeertjes aan brutowinst voor de toekomst. zowel bij tomtom als bij garmin het geval)
Note: In accordance with GAAP, the Company is deferring significant revenue and the related costs associated with high margin sales of certain products bundled with content and services over their economic lives.
In the fourth quarter of 2011, the Company deferred, net of amortization of previous deferrals, $72 million of revenue, $15 million of costs, and approximately $0.26 of diluted EPS, net of taxes, into future years. For the full year, the Company deferred, net of amortization of previous deferrals, $179 million of revenue, $36 million of costs, and approximately $0.66 of diluted EPS, net of taxes, into future years.
A table outlining the impact of this net deferral in both 2011 and 2010 is included for reference. Results have not been adjusted unless specifically stated as such.