BRUKER CORPORATION BRKR Income Statement

Bruker corporation (BRKR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Total revenue
424,000	599,900	521,100	490,200	461,400	553,600	466,600	443,700	431,700	530,500	435,600	414,900	384,900	470,300	393,900	371,700	375,400	478,200	396,100	396,000	353,500	508,000	419,800	457,400	423,700	552,100	439,000	454,900	393,400	517,300	447,800	420,700	405,600	475,100	418,400	401,200	357,000	416,100	310,200	300,900	277,700
Amortization of acquisition-related intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	400	-
Total cost of revenue
231,700	303,600	267,200	259,800	246,700	280,800	244,000	238,500	232,300	274,300	236,700	230,400	208,500	247,100	208,700	201,600	208,600	266,700	228,600	226,600	193,300	292,200	252,500	256,900	244,000	316,200	245,800	253,300	218,900	276,600	237,700	232,500	215,200	257,400	229,000	217,600	195,200	220,200	163,700	165,600	151,400
Gross profit
192,300	296,300	253,900	230,400	214,700	272,800	222,600	205,200	199,400	256,200	198,900	184,500	176,400	223,200	185,200	170,100	166,800	211,500	167,500	169,400	160,200	215,800	167,300	200,500	179,700	235,900	193,200	201,600	174,500	240,700	210,100	188,200	190,400	217,700	189,400	183,600	161,800	195,900	146,500	135,300	126,300
Operating expenses:
Selling, general and administrative
121,200	130,300	125,300	124,500	120,100	117,300	106,500	110,600	110,300	111,900	102,700	102,500	98,100	99,400	96,800	100,900	92,700	103,000	96,100	98,500	94,600	118,500	108,000	115,000	109,500	118,300	105,700	107,100	106,800	123,000	102,400	110,600	104,400	117,000	102,100	98,200	89,300	99,300	72,200	64,000	65,600
Research and development
48,500	46,700	46,100	48,500	46,400	44,800	41,800	43,600	43,200	43,100	40,600	40,300	37,600	37,100	37,900	36,800	36,100	36,700	34,300	37,500	37,200	41,600	42,100	44,500	46,000	49,100	45,500	46,500	49,400	50,300	44,900	51,900	48,200	44,700	43,500	44,300	44,700	44,900	32,500	31,200	32,800
Other charges, net
6,200	1,600	-5,300	3,900	6,300	4,300	5,200	2,200	7,800	5,900	4,300	6,400	3,100	5,200	4,600	12,000	4,000	1,100	8,900	1,800	13,200	11,200	12,300	5,600	3,600	7,500	10,500	4,500	6,100	4,400	2,500	3,600	3,400	2,300	2,900	2,400	2,100	1,500	1,900	1,900	500
Amortization of acquisition-related intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	300	500
Write-off of deferred offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,400	-	-	-	-	-	-
Total operating expenses
175,900	178,600	166,100	176,900	172,800	166,400	153,500	156,400	161,300	160,900	147,600	149,200	138,800	141,700	139,300	149,700	132,800	140,800	139,300	137,800	145,000	171,300	162,400	165,100	159,100	174,900	161,700	158,100	162,300	201,500	149,800	166,100	156,000	164,000	151,900	144,900	136,100	144,300	107,200	97,400	99,400
Operating income
16,400	117,700	87,800	53,500	41,900	106,400	69,100	48,800	38,100	95,300	51,300	35,300	37,600	81,500	45,900	20,400	34,000	70,700	28,200	31,600	15,200	44,500	4,900	35,400	20,600	61,000	31,500	43,500	12,200	39,200	60,300	22,100	34,400	53,700	37,500	38,700	25,700	51,600	39,300	37,900	26,900
Interest and other income (expense), net
-2,900	-6,500	-4,600	-5,900	-3,500	-6,200	-3,700	-5,500	-2,300	-6,700	-3,900	-5,100	-6,000	6,900	-2,900	-2,600	-5,600	-3,400	-4,600	-6,200	-3,500	-1,000	4,100	-2,300	-4,900	-7,200	-4,700	-7,800	-3,900	-4,700	-2,700	-2,800	-7,500	-1,300	1,900	-5,700	-5,000	0	-1,100	-4,200	-300
Income before income taxes and noncontrolling interest in consolidated subsidiaries
13,500	111,200	83,200	47,600	38,400	100,200	65,400	43,300	35,800	88,600	47,400	30,200	31,600	88,400	43,000	17,800	28,400	67,300	23,600	25,400	11,700	43,500	9,000	33,100	15,700	53,800	26,800	35,700	8,300	34,500	57,600	19,300	26,900	52,400	39,400	33,000	20,700	51,600	38,200	33,700	26,600
Income tax provision
2,900	42,400	21,700	10,600	7,700	22,300	21,200	11,800	8,400	91,600	9,800	6,200	9,900	19,300	-4,000	3,000	4,800	5,300	10,700	2,300	4,800	17,000	2,700	16,300	5,700	17,900	9,900	12,400	2,600	21,200	17,700	9,400	11,800	12,800	19,300	10,400	9,000	21,600	10,300	10,800	10,600
Consolidated net income
10,600	68,800	61,500	37,000	30,700	77,900	44,200	31,500	27,400	-3,000	37,600	24,000	21,700	69,100	47,000	14,800	23,600	62,000	12,900	23,100	6,900	26,500	6,300	16,800	10,000	35,900	16,900	23,300	5,700	13,300	39,900	9,900	15,100	39,600	20,100	22,600	11,700	30,000	27,900	22,900	16,000
Net income attributable to noncontrolling interests in consolidated subsidiaries
100	200	200	500	-100	-200	800	300	400	400	600	600	100	-	500	300	-	600	1,100	1,200	400	400	800	400	1,300	700	300	400	300	-	200	-	-	500	300	500	400	700	500	300	-100
Net income attributable to Bruker Corporation
10,500	68,600	61,300	36,500	30,800	78,100	43,400	31,200	27,000	-3,400	37,000	23,400	21,600	69,000	46,500	14,500	23,600	61,400	11,800	21,900	6,500	26,100	5,500	16,400	8,700	35,200	16,600	22,900	5,400	12,800	39,700	9,900	15,100	39,100	19,800	22,100	11,300	29,300	27,400	22,600	16,100
Net income per common share attributable to Bruker Corporation shareholders:
Basic (in dollars per share)
0.07	0.44	0.40	0.23	0.20	0.50	0.28	0.20	0.17	-0.02	0.23	0.15	0.14	0.43	0.29	0.09	0.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.24	0.12	0.13	0.07	0.17	0.17	0.14	0.10
Diluted (in dollars per share)
0.07	0.44	0.39	0.23	0.20	0.49	0.28	0.20	0.17	-0.02	0.23	0.15	0.13	0.43	0.29	0.09	0.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23	0.12	0.13	0.07	0.17	0.17	0.14	0.10
Basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	0.13	0.04	-	0.03	0.10	0.05	-	0.10	0.14	0.03	-	0.24	0.06	0.09	-	-	-	-	-	-	-	-
Weighted average common shares outstanding:
Basic (in shares)
154,200	153,800	154,200	156,100	156,700	156,400	156,400	156,100	155,900	155,700	157,500	159,500	159,700	160,100	160,800	161,400	163,300	168,400	167,800	168,300	168,300	168,300	168,000	167,600	167,300	165,800	167,000	166,800	166,400	166,300	166,000	166,000	165,700	165,500	165,600	165,400	165,100	164,700	164,500	164,300	164,100
Diluted (in shares)
155,400	155,300	155,600	157,600	157,900	157,400	157,400	157,000	157,000	156,800	158,700	160,400	160,500	160,600	161,500	162,400	164,300	168,300	168,700	169,700	169,700	169,500	169,600	169,500	169,400	168,800	168,700	168,400	168,100	168,300	167,300	167,100	166,900	166,700	166,900	167,300	166,700	165,700	165,700	165,800	165,600
Consolidated net income
10,600	68,800	61,500	37,000	30,700	77,900	44,200	31,500	27,400	-3,000	37,600	24,000	21,700	69,100	47,000	14,800	23,600	62,000	12,900	23,100	6,900	26,500	6,300	16,800	10,000	35,900	16,900	23,300	5,700	13,300	39,900	9,900	15,100	39,600	20,100	22,600	11,700	30,000	27,900	22,900	16,000
Comprehensive income (loss)
12,100	62,400	26,100	49,500	17,000	82,500	41,900	-5,400	51,800	13,600	61,200	71,600	37,500	8,200	60,300	-2,200	56,200	24,800	5,000	59,400	-57,700	-44,400	-76,700	13,300	13,100	67,500	53,500	28,300	-22,900	11,200	51,800	-23,500	33,600	19,600	-29,700	54,400	39,800	-	-	-	-
Less: Comprehensive income (loss) attributable to noncontrolling interests
-100	800	200	900	-100	400	500	-200	600	500	700	1,000	200	-300	600	100	200	-100	1,200	800	400	-100	800	500	1,600	600	300	400	300	100	100	0	100	1,600	-1,000	600	500	-	-	-	-
Comprehensive income (loss) attributable to Bruker Corporation
12,700	61,900	27,100	48,600	17,100	82,300	41,400	-5,200	51,200	13,100	60,500	70,600	37,300	8,500	59,700	-2,300	56,000	24,900	3,800	58,600	-58,100	-44,300	-77,500	12,800	11,500	66,900	53,200	27,900	-23,200	11,100	51,700	-23,500	33,500	19,000	-29,700	53,800	39,300	-	-	-	-
Dividend declared per common share (in dollars per share)
-	-	0.04	0.04	-	-	0.04	0.04	0.04	-	0.04	0.04	0.04	0.04	0.04	0.04	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product
Total revenue
345,000	509,400	440,600	411,700	383,000	470,800	385,500	368,100	352,200	450,300	364,400	345,900	318,900	399,300	328,200	305,600	312,300	412,300	334,600	336,200	298,000	444,700	362,200	398,900	366,100	491,500	385,000	395,600	339,300	455,500	378,600	370,600	351,800	414,900	366,500	352,100	312,100	364,700	269,700	267,000	244,000
Total cost of revenue
180,500	250,600	220,400	210,000	197,500	229,500	197,300	188,700	185,600	227,900	195,600	191,500	172,700	206,700	172,200	162,300	170,200	228,400	193,100	191,500	161,200	257,100	214,600	217,200	207,100	280,800	208,600	217,000	185,300	238,800	206,800	205,300	186,300	227,500	202,600	191,700	170,700	194,700	143,500	149,100	134,200
Service
Total revenue
78,200	87,700	78,800	78,500	77,400	80,900	79,600	73,500	77,700	77,800	70,000	67,100	63,300	68,200	62,300	63,500	60,700	64,400	58,800	58,200	54,100	61,100	56,000	57,700	57,000	60,000	53,100	52,700	53,500	59,800	50,900	47,200	52,100	54,600	49,800	46,800	43,600	48,000	39,100	32,500	31,500
Total cost of revenue
51,100	52,900	46,500	49,800	49,100	51,200	46,600	49,100	46,500	45,900	40,500	38,700	35,700	39,200	35,400	38,000	37,400	38,000	34,800	35,000	31,900	35,100	37,900	39,700	36,900	35,400	37,200	36,300	33,600	37,800	30,900	27,200	28,900	29,900	26,400	25,900	24,500	26,300	19,800	16,100	17,200
Other
Total revenue
800	2,800	1,700	0	1,000	1,900	1,500	2,100	1,800	2,400	1,200	1,900	2,700	2,800	3,400	2,600	2,400	1,500	2,700	1,600	1,400	2,200	1,600	800	600	600	900	6,600	600	2,000	18,300	2,900	1,700	5,600	2,100	2,300	1,300	3,400	1,400	1,400	2,200
Total cost of revenue
100	100	300	0	100	100	100	700	200	500	600	200	100	1,200	1,100	1,300	1,000	300	700	100	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-