Flir systems, inc. (FLIR)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09Sep'08Jun'08
Revenue

1,893,213

1,887,026

1,846,445

1,810,095

1,780,804

1,775,686

1,822,007

1,851,821

1,833,238

1,800,434

1,780,388

1,720,904

1,689,509

1,662,167

1,625,076

1,601,776

1,592,022

1,557,067

1,553,786

1,547,224

1,523,629

1,530,654

1,496,607

1,479,382

1,499,331

1,496,372

1,482,438

1,456,527

1,405,489

1,405,358

1,424,184

1,463,281

1,516,545

1,544,062

1,576,360

1,537,530

1,477,108

1,388,437

1,236,481

1,181,962

0

0

0

0

0

Cost of Goods and Services Sold

978,203

957,523

921,598

892,761

864,539

875,368

911,636

940,633

947,869

941,658

944,711

916,742

908,757

895,046

865,378

852,715

836,668

803,506

792,798

782,589

765,891

780,281

770,879

765,150

777,776

759,362

726,445

700,071

669,045

670,174

672,576

683,129

701,011

714,743

739,684

720,643

682,309

624,796

542,879

508,520

0

0

0

0

0

Gross profit

915,010

929,503

924,847

917,334

916,265

900,318

910,371

911,188

885,369

858,776

835,677

804,162

780,752

767,121

759,698

749,061

755,354

753,561

760,988

764,635

757,738

750,373

725,728

714,232

721,555

737,010

755,993

756,456

736,444

735,184

751,608

780,152

815,534

829,319

836,676

816,887

794,799

763,641

693,602

673,442

0

0

0

0

0

Operating expenses:
Research and development

210,374

204,207

194,045

185,992

179,400

176,281

175,820

176,696

173,313

170,735

166,112

157,078

152,240

147,537

141,119

138,480

135,398

132,892

137,196

140,018

141,199

142,751

145,080

144,044

147,338

147,696

142,951

139,558

137,467

137,354

138,593

144,188

146,159

147,177

147,261

140,593

129,421

116,635

102,926

97,638

0

0

0

0

0

Selling, general and administrative

453,689

441,937

416,706

403,082

383,676

386,869

390,291

391,698

391,298

373,867

363,052

346,808

329,654

322,435

320,283

317,152

321,208

313,544

323,142

325,880

325,422

331,995

329,770

329,840

326,508

322,739

308,025

301,183

292,813

292,500

300,094

311,871

364,200

368,947

385,521

372,022

313,094

286,695

241,412

227,666

0

0

0

0

0

Restructuring expenses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,383

41,252

37,192

33,645

25,832

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of Business

-

-

-23,886

-23,886

-

-13,708

-13,410

-13,410

-13,410

-23,588

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

694,337

656,243

619,744

598,067

572,069

581,712

600,502

602,785

599,002

568,815

530,595

505,317

483,325

471,403

462,763

456,993

457,967

447,797

461,301

470,921

475,191

491,129

516,102

511,076

507,491

496,267

452,976

442,741

432,280

431,854

438,687

456,059

510,359

516,124

532,782

512,615

442,515

403,330

344,338

325,304

0

0

0

0

0

Operating Income (Loss)

220,673

273,260

305,103

319,267

344,196

318,606

309,869

308,403

286,367

289,961

305,082

298,845

297,427

295,718

296,935

292,068

297,387

305,764

299,687

293,714

282,547

259,244

209,626

203,156

214,064

240,743

303,017

313,715

304,164

303,330

312,921

324,093

305,175

313,195

303,894

304,272

352,284

360,311

349,264

348,138

0

0

0

0

0

Interest expense

29,156

27,711

24,431

20,891

17,611

16,147

16,146

15,923

16,403

16,804

17,272

19,189

19,077

18,071

16,940

14,874

13,872

14,086

14,282

14,275

14,546

14,593

14,731

14,764

14,902

14,091

13,089

12,489

11,490

11,659

12,106

10,536

8,203

5,487

2,722

1,545

2,010

2,884

3,711

5,089

0

0

0

0

0

Interest income

1,943

2,651

3,417

3,784

4,002

3,901

3,241

2,750

2,449

1,764

1,592

1,440

1,413

1,402

1,230

1,213

1,180

1,167

1,332

1,411

1,388

1,405

1,271

1,129

1,131

1,058

1,230

1,242

1,345

1,582

1,841

1,728

1,437

1,273

863

1,162

1,268

1,258

0

0

0

-

-

-

-

Other (income) expense, net

-3,103

-6,284

34

255

-3,342

743

1,450

2,299

5,703

4,144

-489

-1,508

-3,862

-3,092

14,238

13,024

13,331

12,601

-3,289

1,885

3,975

3,473

5,727

1,955

710

1,276

385

-1,737

-1,802

-1,341

-298

1,811

4,175

2,098

2,803

3,500

3,110

4,015

754

-969

0

0

0

0

0

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

190,357

241,916

284,123

302,415

327,245

307,103

298,414

297,529

278,116

279,065

288,913

279,588

275,901

275,957

295,463

291,431

298,026

305,446

283,448

282,735

273,364

249,529

201,893

191,476

201,003

228,986

291,543

300,731

292,217

291,912

302,358

317,096

302,584

311,079

304,838

307,389

354,652

362,700

347,207

342,526

0

0

0

0

0

Income Tax Expense (Benefit)

65,084

70,319

15,694

22,882

22,267

24,678

164,795

173,532

174,269

171,842

69,900

65,471

67,829

109,331

120,133

101,662

103,125

63,760

39,214

58,716

55,087

49,268

45,649

41,603

45,730

51,971

65,086

64,811

64,050

66,556

78,346

84,643

82,713

88,427

88,949

92,935

110,567

114,326

108,868

111,489

0

0

0

0

0

Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

225,356

224,012

232,453

219,871

222,652

215,889

214,454

244,085

248,374

0

0

0

-

-

-

-

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,958

-2,744

-2,371

-1,573

-1,178

0

0

0

-

-

-

-

-

-

-

-

Net earnings

125,273

171,597

268,429

279,533

304,978

282,425

133,619

123,997

103,847

107,223

219,013

214,117

208,072

166,626

175,330

189,769

194,901

241,686

244,234

224,019

218,277

200,261

156,244

149,873

155,273

177,015

225,541

234,960

225,895

222,398

221,268

230,082

218,298

221,474

215,165

213,401

243,546

248,126

238,339

231,037

0

0

0

0

0

Earnings Per Share [Abstract]
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.52

0.37

0.28

0.32

0.49

0.41

0.19

0.32

0.44

0.40

0.38

0.37

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

-0.01

0.00

-0.01

0.00

0.00

0.00

-

-

-

-

-

-

-

-

Basic earnings per share (in dollars per share)

0.12

0.01

0.46

0.34

0.46

0.72

0.53

0.52

0.28

-0.37

0.46

0.38

0.31

0.45

0.43

0.33

0.01

0.51

0.52

0.36

0.34

0.52

0.37

0.32

0.21

0.20

0.33

0.35

0.36

0.52

0.37

0.27

0.31

0.49

0.41

0.18

0.32

0.44

0.40

0.38

0.37

0.40

0.37

0.39

0.32

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.52

0.37

0.27

0.31

0.48

0.40

0.18

0.32

0.43

0.39

0.37

0.35

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

-0.01

0.00

-0.01

0.00

0.00

0.00

-

-

-

-

-

-

-

-

Diluted earnings per share (in dollars per share)

0.11

0.01

0.46

0.34

0.45

0.70

0.52

0.51

0.28

-0.37

0.46

0.37

0.31

0.43

0.43

0.33

0.01

0.50

0.52

0.36

0.34

0.50

0.37

0.31

0.21

0.20

0.32

0.35

0.35

0.50

0.37

0.27

0.31

0.48

0.40

0.18

0.32

0.43

0.39

0.37

0.35

0.38

0.35

0.35

0.29

Weighted Average Number of Shares Outstanding, Basic

133

-

134

135

135

-

138

137

138

-

137

136

136

-

136

137

137

-

139,596

140,063

139,768

-

141,433

141,574

140,932

-

141,863

142,085

144,629

-

150,878

153,172

154,485

-

158,665

159,796

159,400

-

158,215

154,495

152,899

151,573

149,948

139,211

138,054

Weighted Average Number of Shares Outstanding, Diluted

134

-

136

137

137

-

140

140

140

-

139

138

138

-

137

138

138

-

140,525

141,491

141,472

-

143,413

144,120

143,828

-

144,231

143,774

146,291

-

152,327

155,033

156,972

-

160,798

162,550

162,310

-

160,925

161,643

161,604

160,287

161,354

163,124

162,344