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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue $ 1,895.6 $ 1,765.9 $ 1,611.3
Cost of revenue 995.6 949.9 866.0
Gross profit 900.0 816.0 745.3
Operating expenses:      
Selling, general and administrative 444.7 415.2 389.8
Research and development 173.4 161.6 147.9
Other charges, net 19.5 19.7 25.8
Total operating expenses 637.6 596.5 563.5
Operating income 262.4 219.5 181.8
Interest and other income (expense), net (17.7) (21.7) (4.2)
Income before income taxes and noncontrolling interest in consolidated subsidiaries 244.7 197.8 177.6
Income tax provision 63.7 117.5 23.1
Consolidated net income 181.0 80.3 154.5
Net income attributable to noncontrolling interest in consolidated subsidiaries 1.3 1.7 0.9
Net income attributable to Bruker Corporation $ 179.7 $ 78.6 $ 153.6
Net income per common share attributable to Bruker Corporation shareholders:      
Basic (in dollars per share) $ 1.15 $ 0.50 $ 0.95
Diluted (in dollars per share) $ 1.14 $ 0.49 $ 0.95
Weighted average common shares outstanding:      
Basic (in shares) 156.2 158.1 161.4
Diluted (in shares) 157.2 159.1 162.2
Consolidated net income $ 181.0 $ 80.3 $ 154.5
Foreign currency translation adjustments (25.5) 97.1 (27.6)
Pension liability adjustments (net of tax of $3.8 million, $2.9 million and $2.1 million, respectively) 15.3 6.5 (4.4)
Net comprehensive income 170.8 183.9 122.5
Less: Comprehensive income attributable to noncontrolling interests 1.1 2.4 0.6
Comprehensive income attributable to Bruker Corporation $ 169.7 $ 181.5 $ 121.9
Dividend declared per common share (in dollars per share) $ 0.16 $ 0.16 $ 0.16
Product      
Revenue $ 1,576.6 $ 1,479.5 $ 1,345.4
Cost of revenue 801.1 787.7 711.4
Service      
Revenue 311.7 278.2 254.7
Cost of revenue 193.4 160.8 150.0
Other      
Revenue 7.3 8.2 11.2
Cost of revenue $ 1.1 $ 1.4 $ 4.6