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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue $ 466.6 $ 435.6 $ 1,342.0 $ 1,235.4
Cost of revenue 244.0 236.7 714.8 675.6
Gross profit 222.6 198.9 627.2 559.8
Operating expenses:        
Selling, general and administrative 106.5 102.7 327.4 303.3
Research and development 41.8 40.6 128.6 118.5
Other charges, net 5.2 4.3 15.2 13.8
Total operating expenses 153.5 147.6 471.2 435.6
Operating income 69.1 51.3 156.0 124.2
Interest and other income (expense), net (3.7) (3.9) (11.5) (15.0)
Income before income taxes and noncontrolling interest in consolidated subsidiaries 65.4 47.4 144.5 109.2
Income tax provision 21.2 9.8 41.4 25.9
Consolidated net income 44.2 37.6 103.1 83.3
Net income attributable to noncontrolling interest in consolidated subsidiaries 0.8 0.6 1.5 1.3
Net income attributable to Bruker Corporation $ 43.4 $ 37.0 $ 101.6 $ 82.0
Net income per common share attributable to Bruker Corporation shareholders:        
Basic (in dollars per share) $ 0.28 $ 0.23 $ 0.65 $ 0.52
Diluted (in dollars per share) $ 0.28 $ 0.23 $ 0.65 $ 0.51
Weighted average common shares outstanding:        
Basic (in shares) 156.4 157.5 156.1 158.9
Diluted (in shares) 157.4 158.7 157.2 159.9
Comprehensive income $ 41.9 $ 61.2 $ 88.3 $ 170.3
Less: Comprehensive income attributable to noncontrolling interests 0.5 0.7 0.9 1.9
Comprehensive income attributable to Bruker Corporation $ 41.4 $ 60.5 $ 87.4 $ 168.4
Dividend declared per common share (in dollars per share) $ 0.04 $ 0.04 $ 0.12 $ 0.12
Product        
Revenue $ 385.5 $ 364.4 $ 1,105.8 $ 1,029.2
Cost of revenue 197.3 195.6 571.6 559.8
Service        
Revenue 79.6 70.0 230.8 200.4
Cost of revenue 46.6 40.5 142.2 114.9
Other        
Revenue 1.5 1.2 5.4 5.8
Cost of revenue $ 0.1 $ 0.6 $ 1.0 $ 0.9