Garmin 2002 Annual Report Download - page 57
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Note 11. Segment Information (continued)
Revenues, interest income and interest expense, income before income taxes, and identifiable assets for each of the Company’s
reportable segments are presented below:
Year Ended December 28, 2002
Consumer Aviation Total
Net sales to external customers $350,674 $114,470 $465,144
Allocated interest income 4,875 1,591 6,466
Allocated interest expense 1,002 327 1,329
Income before income taxes 134,859 47,876 182,735
Assets:
Accounts receivable 43,942 14,336 58,278
Inventory 43,360 14,147 57,507
Year Ended December 29, 2001
Consumer Aviation Total
Net sales to external customers $263,358 $105,761 $369,119
Allocated interest income 7,960 3,204 11,164
Allocated interest expense 1,550 624 2,174
Income before income taxes 102,511 49,524 152,035
Assets:
Accounts receivable 34,222 13,776 47,998
Inventory 43,587 17,545 61,132
Year Ended December 30, 2000
Consumer Aviation Total
Net sales to external customers $230,183 $115,558 $345,741
Allocated interest income 4,610 2,315 6,925
Allocated interest expense 1,522 765 2,287
Income before income taxes 88,103 52,819 140,922
Assets:
Accounts receivable 21,791 10,928 32,719
Inventory 59,843 30,012 89,855
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