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Income Statement
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BIO-RAD LABORATORIES, INC. (BIO)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   8-K10-K10-K10-K10-K10-K10-K10-K
Net sales  2,922.52,545.62,311.72,289.42,160.22,068.22,019.42,175.0
            Net sales growth  14.8%10.1%1.0%6.0%4.4%2.4%-7.2%2.0%
Cost of goods sold   1,107.81,054.71,066.3972.5   
    Gross profit  1,640.71,437.81,257.01,223.21,187.71,138.11,121.71,178.5
            Gross margin  56.1%56.5%54.4%53.4%55.0%55.0%55.5%54.2%
Selling, general and administrative expense  879.6800.3824.6834.8806.8816.7762.0808.2
Research and Development Expense  271.7226.6202.7199.2250.2205.9193.0220.3
    Segment profit (loss)  489.4411.0229.7-103.3119.353.2166.7150.0
            Operating margin  16.7%16.1%9.9%-4.5%5.5%2.6%8.3%6.9%
Interest expense  -1.6-21.9-23.4-24.0-23.0-21.9-21.7-22.1
Foreign exchange (gains) losses, net   1.82.22.99.14.510.29.3
Other Nonoperating Income (Expense)  26.824.526.136.610.714.911.113.0
    Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest          
(Provision) benefit for income taxes  -1,192.2-1,101.4-502.4-147.024.4-13.4-32.8-42.7
    Net income attributable to Bio-Rad  4,245.93,806.31,758.7365.6122.228.1113.188.8
   
Basic earnings per share:          
Net income per share basic attributable to Bio-Rad  $142.33$127.86$58.93$12.25$4.12$0.96$3.87$3.08
   
Weighted average common shares - basic  29.829.829.829.829.729.429.228.9
   
Diluted earnings per share:          
Net income per share diluted attributable to Bio-Rad  $140.56$126.20$58.27$12.10$4.07$0.95$3.85$3.05
Weighted average common shares - diluted  30.230.230.230.230.029.629.429.1

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