Flir systems, inc. (FLIR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenue

1,887,026

1,775,686

1,800,434

1,662,167

1,557,067

1,530,654

1,496,372

1,405,358

1,544,062

1,388,437

1,147,087

1,076,974

779,397

Cost of Goods and Services Sold

957,523

875,368

941,658

895,046

803,506

780,281

759,362

670,174

714,743

624,796

488,558

470,832

346,167

Gross profit

929,503

900,318

858,776

767,121

753,561

750,373

737,010

735,184

829,319

763,641

658,529

606,142

433,230

Operating expenses:
Research and development

204,207

176,281

170,735

147,537

132,892

142,751

147,696

137,354

147,177

116,635

91,301

89,964

72,458

Selling, general and administrative

441,937

386,869

373,867

322,435

313,544

331,995

322,739

292,500

368,947

286,695

219,941

231,687

168,940

Restructuring expenses

10,100

4,900

600

1,431

1,361

16,383

25,832

2,000

0

-

-

-

-

Loss on sale of Business

0

-13,708

-23,588

0

0

-

-

-

-

-

-

-

-

Total operating expenses

656,243

581,712

568,815

471,403

447,797

491,129

496,267

431,854

516,124

403,330

311,242

321,651

241,398

Operating Income (Loss)

273,260

318,606

289,961

295,718

305,764

259,244

240,743

303,330

313,195

360,311

347,287

284,491

191,832

Interest expense

27,711

16,147

16,804

18,071

14,086

14,593

14,091

11,659

5,487

2,884

6,882

14,336

15,309

Interest income

2,651

3,901

1,764

1,402

1,167

1,405

1,058

1,582

1,273

1,258

1,749

7,397

5,619

Other (income) expense, net

-6,284

743

4,144

-3,092

12,601

3,473

1,276

-1,341

2,098

4,015

-1,761

12,766

3,932

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

241,916

307,103

279,065

275,957

305,446

249,529

228,986

291,912

311,079

362,700

340,393

290,318

186,074

Income Tax Expense (Benefit)

70,319

24,678

171,842

109,331

63,760

49,268

51,971

66,556

88,427

114,326

110,180

89,418

52,502

Earnings from continuing operations

-

-

-

-

-

-

-

225,356

222,652

248,374

230,213

200,900

-

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-2,958

-1,178

-248

0

-

-

Net earnings

171,597

282,425

107,223

166,626

241,686

200,261

177,015

222,398

221,474

248,126

230,213

200,900

133,572

Earnings Per Share [Abstract]
Continuing operations

-

-

-

-

-

-

-

1.49

1.41

1.59

1.54

1.45

-

Discontinued operations

-

-

-

-

-

-

-

-0.02

-0.01

0.00

0.00

-

-

Basic earnings per share (in dollars per share)

1.27

2.05

0.78

1.22

1.73

1.42

1.24

1.47

1.40

1.59

1.54

1.45

0.99

Continuing operations

-

-

-

-

-

-

-

1.47

1.38

1.54

1.45

1.28

-

Discontinued operations

-

-

-

-

-

-

-

-0.02

-0.01

0.00

0.00

-

-

Diluted earnings per share (in dollars per share)

1.26

2.01

0.77

1.20

1.72

1.39

1.22

1.45

1.38

1.54

1.45

1.28

0.89