REVVITY, INC. (PKI) [Rocket]

In millions, except per share items	Jan-01-23	Jan-02-22	Jan-03-21	Dec-29-19	Dec-30-18	Dec-31-17	Jan-01-17	Jan-03-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Diagnostics	2,018.9	2,931.9	2,066.9	1,137.5	1,084.8	678.5	602.5	576.4
Discovery & Analytical Solutions	1,292.9	895.9	596.3	1,746.2	1,693.2	1,578.5	1,513.0	1,528.4
Total revenues [+]	3,311.8	3,827.8	2,663.2	2,883.7	2,778.0	2,257.0	2,115.5	2,104.8
Products								1,395.1
Services								709.7
Revenue growth [+]	-13.5%	43.7%	-7.6%	3.8%	23.1%	6.7%	0.5%	1.7%
Diagnostics	-31.1%	41.8%	81.7%	4.9%	59.9%	12.6%	4.5%	-1.6%
Discovery & Analytical Solutions	44.3%	50.2%	-65.9%	3.1%	7.3%	4.3%	-1.0%	3.0%
Cost of goods sold [+]	1,322.0	1,393.8	925.5	1,487.6	1,437.9	1,003.6	1,100.5	1,140.6
Cost of product sales								696.5
Cost of services								444.1
Gross profit	1,989.8	2,434.0	1,737.8	1,396.1	1,340.1	1,253.4	1,015.0	964.2
Gross margin	60.1%	63.6%	65.3%	48.4%	48.2%	55.5%	48.0%	45.8%
Selling, general and administrative	1,025.5	975.2	716.5	815.3	811.9	626.0	590.5	587.2
Research and development	221.6	200.3	146.4	189.3	194.0	139.5	124.2	112.5
Other operating expenses	13.6	-14.4
EBITDA [+]	1,156.1	1,584.3	1,076.5	605.4	514.8	592.9	400.3	369.8
EBITDA growth	-27.0%	47.2%	77.8%	17.6%	-13.2%	48.1%	8.2%	28.2%
EBITDA margin	34.9%	41.4%	40.4%	21.0%	18.5%	26.3%	18.9%	17.6%
Depreciation	56.4	54.8	40.6	49.7	44.7	31.3	28.5	28.8
EBITA	1,099.7	1,529.4	1,035.9	555.7	470.1	561.6	371.8	341.0
EBITA margin	33.2%	40.0%	38.9%	19.3%	16.9%	24.9%	17.6%	16.2%
Amortization of intangibles	370.6	256.6	161.0	164.3	135.9	73.7	71.5	76.6
EBIT [+]	729.1	1,272.8	874.9	391.4	334.2	487.9	300.3	264.4
EBIT growth	-42.7%	45.5%	123.5%	17.1%	-31.5%	62.5%	13.6%	48.5%
EBIT margin	22.0%	33.3%	32.8%	13.6%	12.0%	21.6%	14.2%	12.6%
Non-recurring items [+]	-13.6	14.4	7.6	29.4	10.3	192.3	5.7	13.5
Restructuring charges	-13.6	14.4	7.7	29.4	11.1	12.7	5.1	13.5
Loss (gain) on sale of assets			-0.1		-0.9	179.6	0.6	0.0
Interest expense, net [+]	-3.6	-2.2	-1.0	-1.5	-1.1	-2.6	-0.7	-0.7
Interest expense					67.0	43.9	41.5	38.0
Interest income	3.6	2.2	1.0	1.5	1.1	2.6	0.7	0.7
Other income (expense), net [+]	-94.5	-57.1	-68.2	-126.3	-0.4	42.5	-9.7	-4.8
Other	-90.9	-54.9	-67.2	-124.8	-66.2	1.1
Pre-tax income	651.8	1,203.6	800.1	237.1	257.7	296.7	244.1	208.8
Income taxes	139.2	314.1	169.5	9.4	20.2	139.8	28.4	20.0
Tax rate	21.3%	26.1%	21.2%	4.0%	7.8%	47.1%	11.6%	9.6%
Earnings from continuing ops	512.7	889.4	630.6	227.8	237.5	156.9	215.7	188.8
Earnings from discontinued ops	0.0	0.0
Net income	569.2	943.2	727.9	227.6	237.9	292.6	234.3	212.4
Net margin	17.2%	24.6%	27.3%	7.9%	8.6%	13.0%	11.1%	10.1%

Basic EPS [+]	$4.06	$7.66	$5.65	$2.06	$2.15	$1.43	$1.97	$1.68
Growth	-46.9%	35.4%	175.2%	-4.3%	50.4%	-27.5%	17.4%	45.2%
Diluted EPS [+]	$4.06	$7.62	$5.63	$2.04	$2.13	$1.42	$1.96	$1.67
Growth	-46.8%	35.5%	175.4%	-4.1%	50.4%	-27.6%	17.4%	45.6%

Dividends per share [+]	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28
Growth	0.5%	-0.4%	-0.1%	-0.1%	0.1%	-0.4%	0.3%	-0.1%

Shares outstanding (basic) [+]	126.2	116.2	111.5	110.8	110.6	109.9	109.5	112.5
Growth	8.6%	4.2%	0.6%	0.2%	0.6%	0.3%	-2.7%	-0.1%
Shares outstanding (diluted) [+]	126.4	116.7	112.1	111.5	111.5	110.9	110.3	113.3
Growth	8.4%	4.1%	0.5%	0.0%	0.6%	0.5%	-2.6%	-0.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.