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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Total revenue $ 608.9 $ 511.4 $ 1,734.4 $ 1,360.0
Total cost of revenue 300.2 263.1 866.4 733.2
Gross profit 308.7 248.3 868.0 626.8
Operating expenses:        
Selling, general and administrative 141.3 114.6 407.9 338.2
Research and development 52.1 48.3 162.7 140.9
Other charges, net 2.1 4.2 9.5 12.2
Total operating expenses 195.5 167.1 580.1 491.3
Operating income 113.2 81.2 287.9 135.5
Interest and other income (expense), net (4.4) (5.9) (13.8) (15.4)
Income before income taxes and noncontrolling interest in consolidated subsidiaries 108.8 75.3 274.1 120.1
Income tax provision 20.7 20.0 69.5 30.0
Consolidated net income 88.1 55.3 204.6 90.1
Net income attributable to noncontrolling interests in consolidated subsidiaries 1.0 1.0 3.2 1.2
Net income attributable to Bruker Corporation $ 87.1 $ 54.3 $ 201.4 $ 88.9
Net income per common share attributable to Bruker Corporation shareholders:        
Basic (in dollars per share) $ 0.58 $ 0.35 $ 1.33 $ 0.58
Diluted (in dollars per share) $ 0.57 $ 0.35 $ 1.32 $ 0.57
Weighted average common shares outstanding:        
Basic (in shares) 151.4 153.2 151.5 153.7
Diluted (in shares) 152.8 154.3 153.0 154.8
Comprehensive income $ 73.1 $ 64.0 $ 188.1 $ 110.1
Less: Comprehensive income attributable to noncontrolling interests 0.7 1.4 0.9 1.5
Less: Comprehensive loss attributable to redeemable noncontrolling interest 0.0 0.0 0.0 (0.5)
Comprehensive income attributable to Bruker Corporation 72.4 62.6 187.2 109.1
Product        
Total revenue 508.3 419.6 1,441.2 1,111.6
Total cost of revenue 243.5 210.3 700.4 584.1
Service        
Total revenue 99.0 90.0 287.8 244.3
Total cost of revenue 56.5 52.6 165.3 148.4
Other        
Total revenue 1.6 1.8 5.4 4.1
Total cost of revenue $ 0.2 $ 0.2 $ 0.7 $ 0.7