Waters corp /de/ (WAT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenues:
Total net sales

2,406

2,419

2,309

2,167

2,042

1,989

1,904

1,843

1,851

1,643

1,498

1,575

1,473

Costs and operating expenses:
Costs and operating expenses

1,010

992

-

-

-

-

783

737

730

653

594

661

631

Gross profit

-

-

-

-

-

-

1,120

1,106

1,120

990

903

913

841

Selling and administrative expenses

534

536

544

512

495

512

492

477

490

445

421

426

403

Research and development expenses

142

143

132

125

118

107

100

96

92

84

77

81

80

Purchased intangibles amortization

9

7

6

9

10

10

9

13

9

10

10

9

8

Litigation provision

-

0

-11

-3

-3

-

-

-7

-

-

-

-6

0

Acquired in-process research and development (Note 2)

-

-

5

-

3

15

-

-

-

-

-

-

-

Total costs and operating expenses

1,698

1,680

1,646

1,542

1,474

1,471

-

-

-

-

-

-

-

Operating income

708

739

662

625

567

517

517

511

528

449

394

389

348

Other expense

-3

-47

-0

-0

-

-

-1

-

-

-

-

-

-

Interest expense

48

48

56

44

36

34

30

28

21

13

10

38

-56

Interest income

22

38

36

20

10

7

4

4

2

1

3

20

30

Income before income taxes

678

682

641

600

541

490

490

487

509

437

386

372

323

Provision for income taxes

86

88

620

78

72

59

40

26

76

56

63

49

55

Net income

592

593

20

521

469

431

450

461

432

381

323

322

268

Net income per basic common share

8.76

7.71

0.25

6.46

5.70

5.12

5.27

5.25

4.77

4.13

3.37

3.25

2.67

Weighted-average number of basic common shares

67

76

79

80

82

84

85

87

90

92

95

99

100

Net income per diluted common share

8.69

7.65

0.25

6.41

5.65

5.07

5.20

5.19

4.69

4.06

3.34

3.21

2.62

Weighted-average number of diluted common shares and equivalents

68

77

80

81

83

85

86

88

92

94

96

100

102

Product [Member]
Total net sales

1,567

1,604

1,552

1,460

1,385

1,346

1,312

1,280

1,322

1,166

1,051

1,139

1,087

Costs and operating expenses

642

656

623

595

565

549

526

501

506

453

406

457

441

Service [Member]
Total net sales

839

814

756

707

657

642

591

563

529

476

446

435

385

Costs and operating expenses

367

336

323

295

277

275

256

235

224

199

188

203

189