XML 17 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME        
Product revenue $ 305.6 $ 336.2 $ 617.9 $ 634.2
Service revenue 63.5 58.2 124.2 112.3
Other revenue 2.6 1.6 5.0 3.0
Total revenue 371.7 396.0 747.1 749.5
Cost of product revenue 162.3 191.5 332.5 352.7
Cost of service revenue 38.0 35.0 75.4 66.9
Cost of other revenue 1.3 0.1 2.3 0.3
Total cost of revenue 201.6 226.6 410.2 419.9
Gross profit 170.1 169.4 336.9 329.6
Operating expenses:        
Selling, general and administrative 100.9 98.5 193.6 193.1
Research and development 36.8 37.5 72.9 74.7
Other charges, net 12.0 1.8 16.0 15.0
Total operating expenses 149.7 137.8 282.5 282.8
Operating income 20.4 31.6 54.4 46.8
Interest and other income (expense), net (2.6) (6.2) (8.2) (9.7)
Income before income taxes and noncontrolling interest in consolidated subsidiaries 17.8 25.4 46.2 37.1
Income tax provision 3.0 2.3 7.8 7.1
Consolidated net income 14.8 23.1 38.4 30.0
Net income attributable to noncontrolling interest in consolidated subsidiaries 0.3 1.2 0.3 1.6
Net income attributable to Bruker Corporation $ 14.5 $ 21.9 $ 38.1 $ 28.4
Net income per common share attributable to Bruker Corporation shareholders:        
Basic and diluted (in dollars per share) $ 0.09 $ 0.13 $ 0.23 $ 0.17
Weighted average common shares outstanding:        
Basic (in shares) 161.4 168.3 162.3 168.3
Diluted (in shares) 162.4 169.7 163.3 169.7
Comprehensive income $ (2.2) $ 59.4 $ 54.0 $ 1.7
Less: Comprehensive income attributable to noncontrolling interests 0.1 0.8 0.3 1.2
Comprehensive income attributable to Bruker Corporation $ (2.3) $ 58.6 $ 53.7 $ 0.5
Dividend declared (in dollars per share) $ 0.04   $ 0.08