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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Total revenue $ 2,417.9 $ 1,987.5 $ 2,072.6
Total cost of revenue 1,208.3 1,047.7 1,077.3
Gross profit 1,209.6 939.8 995.3
Operating expenses:      
Selling, general and administrative 561.2 468.6 500.2
Research and development 220.8 198.0 187.7
Other Nonrecurring Expense 14.3 24.9 6.5
Total operating expenses 796.3 691.5 694.4
Operating income 413.3 248.3 300.9
Interest and other income (expense), net (19.7) (22.5) (20.5)
Income before income taxes and noncontrolling interests in consolidated subsidiaries 393.6 225.8 280.4
Income tax provision 113.0 64.4 82.4
Consolidated net income 280.6 161.4 198.0
Net income attributable to noncontrolling interests in consolidated subsidiaries 3.5 3.6 0.8
Net income attributable to Bruker Corporation $ 277.1 $ 157.8 $ 197.2
Net income per common share attributable to Bruker Corporation shareholders:      
Basic (in dollars per share) $ 1.83 $ 1.03 $ 1.27
Diluted (in dollars per share) $ 1.81 $ 1.02 $ 1.26
Weighted average common shares outstanding:      
Basic (in shares) 151.4 153.4 155.2
Diluted (in shares) 152.9 154.6 156.6
Consolidated net income $ 280.6 $ 161.4 $ 198.0
Foreign currency translation (net of tax of $2.1 million, $1.2 million and $5.1 million, respectively) adjustments (77.8) 97.4 (4.3)
Derivatives designated as hedging instruments (net of tax of $12.5 million in 2021) 51.4 (75.8) (15.7)
Pension liability adjustments (net of tax of ($3.9) million, ($1.7) million and $6.3 million, respectively) 14.5 7.5 (23.0)
Net comprehensive income 268.7 190.5 155.0
Less: Comprehensive income attributable to noncontrolling interests 1.0 4.0 1.8
Less: Comprehensive loss attributable to redeemable noncontrolling interest (0.1) (0.5) (1.5)
Comprehensive income attributable to Bruker Corporation 267.8 187.0 154.7
Product      
Total revenue 2,017.3 1,638.1 1,744.7
Total cost of revenue 979.3 840.2 878.5
Service      
Total revenue 393.2 343.4 322.4
Total cost of revenue 228.2 206.5 198.3
Other      
Total revenue 7.4 6.0 5.5
Total cost of revenue $ 0.8 $ 1.0 $ 0.5