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Subsequent Events | 12 Months Ended
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Dec. 25, 2021
Subsequent Events [Abstract] |
Subsequent Events | 14. Subsequent Events Changes in Expense Classification and Segment Allocation Methodologies Beginning with reports filed in the first quarter of fiscal 2022, the Company will reflect a refined methodology used in classifying certain indirect costs in accordance with the way the Company's management will use the information in decision making, which we believe will provide a more meaningful representation of costs incurred to support research and development activities. Future reports will also reflect a refined methodology used to allocate certain selling, general, and administrative expenses to the segments in a more direct manner to provide the Company's CODM with a more meaningful representation of segment profit or loss. These changes in classification and allocation had no effect on the Company's consolidated operating or net income or on the Company's composition of operating segments and reportable segments. The Company expects to report its financial results in accordance with these changes beginning with the Company's first quarter 2022 Form 10-Q and will recast prior periods to conform to the revised presentation. We estimate the expense classification change will result in a decrease to research and development expense of approximately $61 million, with a corresponding increase to selling, general, and administrative expenses, for the recast fiscal year ended December 25, 2021. We estimate the segment allocation change will result in the following impacts to segment operating income for the recast fiscal year ended December 25, 2021:
|  | 52-Weeks Ended December 25, 2021 (In millions)
|  |  |  |  |  |  |  |  |  | Auto |  |
|  | Fitness |  | Outdoor |  | Aviation |  | Marine |  | Total Auto |  | Consumer Auto |  | Auto OEM |  | Total
Operating income (decrease) increase |  | $ (13) |  | $ (5) |  | $ 1 |  | $ 6 |  | $ 11 |  | $ 3 |  | $ 8 |  | $ —
Acquisition of Vesper Marine, Ltd. On December 29, 2021, subsequent to Garmin’s fiscal 2021 year end, the Company acquired the shares of Vesper Marine, Ltd. and its subsidiaries, a privately-held New Zealand company that provides Automatic Identification System (AIS), very high frequency (VHF) radio, and vessel monitoring solutions for the marine industry. This acquisition was not material.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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