Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Revenue | 2,460.98 | 2,512.08 | 2,606.49 | 2,408.10 | 1,862.72 | 2,131.28 | 2,585.37 | 2,388.64 | 2,356.67 | 2,309.22 |
Total Revenues | 2,460.98 | 2,512.08 | 2,606.49 | 2,408.10 | 1,862.72 | 2,131.28 | 2,585.37 | 2,388.64 | 2,356.67 | 2,309.22 |
Cost of sales | 1,538.76 | 1,557.12 | 1,690.20 | 1,553.74 | 1,199.43 | 1,337.77 | 1,576.96 | 1,454.60 | 1,375.68 | 1,391.05 |
Gross Profit | 922.22 | 954.97 | 916.29 | 854.36 | 663.29 | 793.51 | 1,008.41 | 934.04 | 980.99 | 918.17 |
Amortization of intangibles | 48.79 | 40.38 | 37.86 | 38.35 | 64.40 | 74.61 | 98.83 | 104.00 | 98.39 | 103.79 |
Research and development | 112.37 | 116.43 | 104.35 | 124.66 | 107.30 | 94.36 | 140.59 | 134.33 | 140.60 | 148.31 |
Selling, general and administrative expenses | 494.60 | 492.70 | 448.64 | 426.34 | 366.19 | 417.33 | 525.92 | 461.02 | 494.22 | 527.29 |
Business restructuring (expense) income, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other operating expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Asset impairment | -- | -- | -- | -- | -- | -- | -- | -- | (23.93) | -- |
Gain (loss) on sale of assets | -- | 12.06 | 37.89 | (140.46) | -- | -- | -- | -- | -- | -- |
Minimum requirements contract income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Nonrecurring income (expense), net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from equity method investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.77 |
Gain from patent litigation | -- | -- | -- | -- | -- | -- | 62.14 | -- | -- | -- |
Operating Income (loss) | 266.46 | 317.52 | 363.33 | 124.56 | 125.41 | 207.21 | 305.22 | 234.69 | 223.85 | 140.55 |
Interest expense | 38.30 | 33.63 | 43.55 | 62.70 | 58.89 | 55.81 | 61.56 | 82.90 | 95.05 | 100.61 |
Minority interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other income (expense), net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Nonoperating income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Loss on debt extinguishment | -- | -- | (6.39) | (5.72) | -- | -- | (22.99) | (52.44) | (2.34) | -- |
Non-operating pension costs | (0.22) | 1.86 | 4.01 | 4.48 | (0.40) | 1.02 | (0.34) | -- | -- | -- |
Gain on sale of note receivable | -- | -- | -- | 27.04 | -- | -- | -- | -- | -- | -- |
Income from continuing operations before taxes | 227.94 | 285.76 | 317.39 | 87.66 | 66.13 | 152.41 | 220.33 | 99.35 | 126.46 | 39.94 |
Current- Foreign | 14.32 | 18.17 | 6.68 | 13.63 | 11.51 | 13.86 | 17.52 | 28.20 | 26.91 | 17.32 |
Income tax expense (benefit) | 29.53 | 43.20 | 49.65 | 25.21 | 11.72 | 42.52 | 59.62 | 6.50 | (1.19) | (26.57) |
Deferred: Foreign | (8.57) | (4.84) | 4.35 | (14.32) | 3.91 | (2.69) | (0.35) | (4.31) | 0.78 | (19.71) |
Current: United States state and local | 1.57 | 3.90 | 4.80 | 3.11 | 0.09 | 3.09 | 3.27 | 2.39 | (1.04) | 1.79 |
Deferred: United States federal | (6.34) | (7.50) | (0.45) | 13.20 | (1.75) | 7.57 | 10.94 | -- | (27.68) | (23.71) |
Deferred: United States state and local | (1.04) | (0.62) | (0.05) | 5.21 | (2.31) | (1.21) | 0.70 | (8.76) | (3.14) | (2.26) |
Current: United States federal | 29.59 | 34.09 | 34.31 | 4.38 | 0.27 | 21.89 | 27.53 | (11.03) | 2.98 | -- |
Minority Interest in Earnings of Subsidiaries, Net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from Continuing Operations | 198.41 | 242.56 | 267.75 | 62.46 | 54.40 | 109.89 | -- | 92.85 | 127.65 | 66.51 |
Loss from discontinued operations | -- | -- | (3.69) | -- | (99.51) | (486.67) | -- | -- | -- | (0.24) |
Gain (loss) on disposal of discontinued operations, net of tax | -- | -- | (9.24) | 1.86 | (9.95) | -- | -- | -- | -- | (0.09) |
Cumulative effect of change in accounting principle, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income | 198.41 | 242.56 | 254.82 | 64.32 | (55.06) | (376.78) | 160.71 | 92.85 | 127.65 | 66.18 |
Net loss attributable to noncontrolling interest | (0.02) | (0.20) | 0.16 | 0.39 | 0.10 | 0.24 | (0.18) | (0.36) | (0.36) | (0.02) |
Net income attributable to Belden | -- | -- | -- | 63.93 | (55.16) | (377.02) | 160.89 | 93.21 | 128.00 | -- |
Less: Preferred stock dividends | -- | -- | -- | -- | -- | 18.44 | 34.93 | 34.93 | 15.43 | -- |
Net income (loss) Available to Common Shareholders | 198.43 | 242.76 | 254.66 | 63.93 | (55.16) | (395.45) | 125.96 | 58.28 | 112.58 | 66.20 |
Basic income (loss) per share: Continuing operations | 4.88 | 5.75 | 6.10 | 1.39 | 1.21 | 2.16 | -- | 1.38 | 2.67 | 1.57 |
Basic income (loss) per share: Discontinued operations | -- | -- | (0.08) | -- | (2.22) | (11.53) | -- | -- | -- | (0.01) |
Basic income (loss) per share: Disposal of discontinued operations | -- | -- | (0.21) | 0.04 | (0.22) | -- | -- | -- | -- | -- |
EPS (BASIC): Cumulative effect of accounting change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 4.88 | 5.75 | 5.81 | 1.43 | (1.23) | (9.37) | 3.10 | 1.38 | 2.67 | 1.56 |
Diluted income (loss) per share: Continuing operations | 4.80 | 5.66 | 6.01 | 1.37 | 1.21 | 2.15 | -- | 1.37 | 2.65 | 1.55 |
Diluted income (loss) per share: Discontinued operations | -- | -- | (0.08) | -- | (2.22) | (11.53) | -- | -- | -- | (0.01) |
Diluted income (loss) per share: Disposal of discontinued operations | -- | -- | (0.21) | 0.04 | (0.22) | -- | -- | -- | -- | -- |
EPS (DILUTED): Cumulative effect of accounting change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 4.80 | 5.66 | 5.72 | 1.41 | (1.23) | (9.37) | 3.08 | 1.37 | 2.65 | 1.54 |
Weighted Average Shares Outstanding (Basic) | 40.69 | 42.24 | 43.85 | 44.80 | 44.78 | 42.20 | 40.68 | 42.22 | 42.09 | 42.39 |
Weighted Average Shares Outstanding (Diluted) | 41.30 | 42.86 | 44.54 | 45.36 | 44.94 | 42.42 | 40.96 | 42.64 | 42.56 | 42.95 |