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CONMED Corp (CNMD)

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
   10-K10-K10-K10-K10-K10-K10-K10-K
Net sales  1,010.6862.5955.1859.6796.4763.5719.2740.1
            Net sales growth  17.2%-9.7%11.1%7.9%4.3%6.2%-2.8%-3.0%
Cost of sales  442.6402.2430.4390.5365.4355.2337.5336.0
    Gross profit  568.0460.3524.7469.1431.0408.3381.7404.1
            Gross margin  56.2%53.4%54.9%54.6%54.1%53.5%53.1%54.6%
Selling and administrative expense  414.8373.8400.1355.6351.8338.4303.1323.5
Research and development expense  43.640.545.542.232.332.327.427.8
     Operating expenses  458.3414.3445.6397.8384.1370.7330.5351.3
    Income from operations  109.746.079.171.346.937.751.252.8
            Operating margin  10.9%5.3%8.3%8.3%5.9%4.9%7.1%7.1%
Interest expense  -35.5-44.1-42.7-20.7-18.2-15.4-6.0-6.1
Other expense (See Note 11)  1.10.45.2  2.9  
    Income (loss) before income taxes  73.11.631.2     
Provision for income taxes  10.6-7.92.69.8-26.84.714.614.5
    Net income (loss)  62.59.528.640.955.514.730.532.2
   
Comprehensive income (loss)          
Per share data:          
Basic (in dollars per share)  $2.14$0.33$1.01$1.45$1.99$0.53$1.10$1.17
Diluted (in dollars per share)  $1.94$0.32$0.97$1.41$1.97$0.52$1.09$1.16
   
Weighted average common shares:          
Basic (shares)  29.228.628.328.127.927.827.727.4
Diluted (shares)  32.229.529.528.928.228.027.927.8

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