Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

Stockholders' Equity Note [Abstract]

Summary of comprehensive income (loss)

The following is a summary of comprehensive income (in millions):

	Three Months Ended March 31,
	2023			2022
Consolidated net income	$	77.4		$	62.1
Foreign currency translation adjustments		25.8			(30.5	)
Derivatives designated as hedging instruments, net of tax		(10.7	)		21.1
Pension liability adjustments, net of tax		0.1			0.5
Comprehensive income		92.6			53.2
Less: Comprehensive income attributable to    noncontrolling interests		1.3			0.2
Less: Comprehensive loss attributable to redeemable    noncontrolling interests		—			(0.2	)
Comprehensive income attributable to Bruker Corporation	$	91.3		$	53.2

Summary of the components of accumulated other comprehensive income (loss), net of tax

The following is a summary of the components of accumulated other comprehensive income (loss) attributable to Bruker Corporation, net of tax (in millions):

	Foreign Currency Translation			Derivatives Designated as Hedging Instruments			Pension Liability Adjustment		Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2022	$	(3.1	)	$	4.1		$	13.8	$	14.8
Other comprehensive income (loss) before    reclassifications		25.4			(10.7	)		0.1		14.8
Net current period other comprehensive income (loss)		25.4			(10.7	)		0.1		14.8
Balance at March 31, 2023	$	22.3		$	(6.6	)	$	13.9	$	29.6

Schedule of the impact of stock-based compensation expense

The Company recorded stock-based compensation expense as follows in the unaudited condensed consolidated statements of income and comprehensive income (in millions):

	Three Months Ended March 31,
	2023		2022
Stock options	$	0.4	$	0.4
Restricted stock units		3.7		3.4
Employee Stock Purchase Plan		0.2		—
Total stock-based compensation expense	$	4.3	$	3.8

	Three Months Ended March 31,
	2023		2022
Cost of product revenue	$	0.3	$	0.6
Selling, general and administrative		3.6		2.6
Research and development		0.4		0.6
Total stock-based compensation expense	$	4.3	$	3.8