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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total revenue $ 588.4 $ 570.8 $ 1,183.4 $ 1,125.5
Total cost of revenue 290.2 290.2 578.9 566.2
Gross profit 298.2 280.6 604.5 559.3
Operating expenses:        
Selling, general and administrative 152.2 134.8 297.9 266.6
Research and development 59.6 55.8 116.2 110.6
Other charges, net 12.5 4.4 20.0 7.4
Total operating expenses 224.3 195.0 434.1 384.6
Operating income 73.9 85.6 170.4 174.7
Interest and other income (expense), net (4.3) (5.6) (6.8) (9.4)
Income before income taxes and noncontrolling interest in consolidated subsidiaries 69.6 80.0 163.6 165.3
Income tax provision 19.9 21.3 51.8 48.8
Consolidated net income 49.7 58.7 111.8 116.5
Net income attributable to noncontrolling interests in consolidated subsidiaries 0.2 1.1 0.7 2.2
Net income attributable to Bruker Corporation $ 49.5 $ 57.6 $ 111.1 $ 114.3
Net income per common share attributable to Bruker Corporation shareholders:        
Basic $ 0.33 $ 0.38 $ 0.74 $ 0.75
Diluted $ 0.33 $ 0.38 $ 0.74 $ 0.75
Weighted average common shares outstanding:        
Basic (in shares) 149.0 151.3 149.7 151.6
Diluted (in shares) 149.8 152.9 150.6 153.0
Comprehensive income $ 15.9 $ 73.4 $ 69.1 $ 115.0
Less: Comprehensive income (loss) attributable to noncontrolling interests (0.4) (0.7) (0.2) 0.2
Less: Comprehensive loss attributable to redeemable noncontrolling interest (0.5) 0.0 (0.7) 0.0
Comprehensive income attributable to Bruker Corporation 16.8 74.1 70.0 114.8
Product        
Total revenue 485.8 474.3 976.2 932.9
Total cost of revenue 230.1 236.0 459.1 456.9
Service        
Total revenue 100.9 94.7 204.1 188.8
Total cost of revenue 60.1 54.1 119.7 108.8
Other        
Total revenue 1.7 1.8 3.1 3.8
Total cost of revenue $ 0.0 $ 0.1 $ 0.1 $ 0.5