Fortive corporation (FTV)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15Jun'15
Sales

1,713,500

2,002,400

1,860,000

1,864,700

1,592,900

1,757,500

1,601,200

1,601,800

1,492,200

906,800

1,685,300

1,628,800

1,535,200

781,000

1,567,400

1,555,100

1,474,700

1,524,600

1,564,900

Cost of sales

837,700

966,500

932,300

960,700

780,200

859,200

775,300

771,000

725,900

373,900

845,900

823,700

791,200

331,700

794,500

787,000

779,500

777,400

800,100

Gross profit

875,800

1,035,900

927,700

904,000

812,700

898,300

825,900

830,800

766,300

532,900

839,400

805,100

744,000

449,300

772,900

768,100

695,200

747,200

764,800

Operating costs:
Selling, general and administrative expenses

557,200

629,500

566,500

537,100

486,400

495,000

440,600

404,500

388,500

319,300

380,700

356,900

352,200

230,500

354,500

349,300

338,500

349,700

333,200

Research and development expenses

113,700

111,200

119,100

117,400

109,000

108,800

103,700

101,900

99,900

72,000

102,000

99,100

96,200

65,400

95,200

96,700

93,700

95,700

95,900

Impairment of goodwill

85,300

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating profit

119,600

295,200

242,100

249,500

217,300

294,500

281,600

324,400

277,900

141,600

356,700

349,100

295,600

153,400

323,200

322,100

263,000

301,800

335,700

Non-operating expenses, net:
Gain (Loss) on Disposition of Business

-

-

41,200

-

-

-

0

-

-

-

15,300

-

-

-

0

-

-

-

-

Interest expense, net

43,600

47,500

47,000

44,400

25,300

26,700

23,100

23,900

23,300

20,500

22,900

22,700

22,600

20,300

23,400

2,700

0

0

0

Other non-operating expenses, net

-4,600

-4,600

-1,200

-800

400

-400

-800

-1,100

-700

1,700

800

800

700

-

-

-

-

-

-

Earnings from continuing operations before income taxes

71,400

242,700

235,100

204,300

192,400

267,400

257,700

299,400

253,900

127,400

348,300

325,600

272,300

128,300

299,800

319,400

263,000

301,800

335,700

Income taxes

29,100

63,900

27,800

29,000

28,400

27,300

43,700

49,200

39,900

-49,300

80,500

85,500

72,600

35,900

72,900

80,500

81,000

105,200

108,300

Net earnings from continuing operations

42,300

178,800

207,300

175,300

164,000

240,100

214,000

250,200

214,000

-

-

-

-

-

-

-

-

-

-

Earnings (loss) from discontinued operations, net of income taxes

-400

14,000

-200

-700

400

1,872,200

31,300

44,800

47,200

-

-

-

-

-

-

-

-

-

-

Net earnings

41,900

192,800

207,100

174,600

164,400

2,112,300

245,300

295,000

261,200

336,900

267,800

240,100

199,700

224,500

226,900

238,900

182,000

196,600

227,400

Mandatory convertible preferred dividends

17,300

17,200

17,300

17,200

17,300

17,300

17,400

200

0

-

0

0

-

-

-

-

-

-

-

Net earnings attributable to common stockholders

24,600

175,600

189,800

157,400

147,100

2,095,000

227,900

294,800

261,200

-

267,800

240,100

-

-

-

-

-

-

-

Net earnings per common share from continuing operations:
Net earnings per common share from continuing operations - basic (in dollars per share)

0.07

0.47

0.57

0.47

0.44

0.67

0.56

0.72

0.61

-

-

-

-

-

-

-

-

-

-

Net earnings per common share from continuing operations - diluted (in dollars per share)

0.07

0.47

0.56

0.47

0.43

0.66

0.55

0.70

0.61

-

-

-

-

-

-

-

-

-

-

Net earnings per share from discontinued operations:
Net earnings per share from discontinued operations - basic (in dollars per share)

0.00

0.04

0.00

0.00

0.00

5.42

0.09

0.13

0.14

-

-

-

-

-

-

-

-

-

-

Net earnings per share from discontinued operations - diluted (in dollars per share)

0.00

0.04

0.00

0.00

0.00

5.34

0.09

0.13

0.13

-

-

-

-

-

-

-

-

-

-

Net earnings per share:
Net earnings per share - Basic (in dollars per share)

0.07

0.52

0.56

0.47

0.44

6.09

0.65

0.84

0.75

0.97

0.77

0.69

0.58

0.64

0.66

0.69

0.53

0.57

-

Net earnings per share - Diluted (in dollars per share)

0.07

0.52

0.56

0.46

0.43

6.00

0.64

0.83

0.74

0.95

0.76

0.68

0.57

0.64

0.65

0.69

0.53

0.57

-

Average common stock and common equivalent shares outstanding:
Basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.66

Weighted average common shares outstanding used in basic earnings per share (in shares)

336,800

336,400

336,100

335,600

335,100

334,300

349,900

349,200

348,600

348,100

347,700

347,200

347,000

346,400

346,000

345,200

345,200

345,200

-

Weighted average common shares outstanding used in diluted earnings per share (in shares)

340,000

340,900

339,900

339,700

339,500

338,100

355,300

355,000

354,400

353,800

352,900

352,200

351,500

349,600

349,200

345,200

345,200

345,200

-

Basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

345,200

Products
Sales

1,487,800

1,744,200

1,624,600

1,623,000

1,405,100

1,553,000

1,430,100

1,439,500

1,332,400

-

-

-

-

-

-

-

-

-

-

Cost of sales

692,500

813,700

781,200

808,000

647,900

726,300

659,400

656,700

614,800

-

-

-

-

-

-

-

-

-

-

Services
Sales

225,700

258,200

235,400

241,700

187,800

204,500

171,100

162,300

159,800

-

-

-

-

-

-

-

-

-

-

Cost of sales

145,200

152,800

151,100

152,700

132,300

132,900

115,900

114,300

111,100

-

-

-

-

-

-

-

-

-

-