Fiscal period | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
Period End Date | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 |
Revenue | 2,408.10 | 1,862.72 | 2,131.28 | 2,165.70 | 2,087.19 | 2,356.67 | 2,309.22 | 2,308.27 | 2,069.19 | 1,840.74 |
Total Revenues | 2,408.10 | 1,862.72 | 2,131.28 | 2,165.70 | 2,087.19 | 2,356.67 | 2,309.22 | 2,308.27 | 2,069.19 | 1,840.74 |
Cost of sales | 1,553.74 | 1,199.43 | 1,337.77 | 1,335.79 | 1,284.87 | 1,375.35 | 1,391.05 | 1,488.82 | 1,364.76 | 1,274.14 |
Gross Profit | 854.36 | 663.29 | 793.51 | 829.91 | 802.32 | 981.32 | 918.17 | 819.45 | 704.43 | 566.60 |
Goodwill impairment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Amortization of intangibles | 38.35 | 64.40 | 74.61 | 75.14 | 90.19 | 98.39 | 103.79 | 58.43 | 50.80 | 22.79 |
Research and development | 124.66 | 107.30 | 94.36 | 91.55 | 88.75 | 140.52 | 148.31 | 113.91 | 83.28 | 65.41 |
Selling, general and administrative expenses | 426.34 | 366.19 | 417.33 | 411.35 | 389.74 | 486.40 | 525.52 | 483.99 | 378.01 | 345.93 |
Business restructuring (expense) income, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other operating expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Asset impairment | -- | -- | -- | -- | -- | (23.93) | -- | -- | -- | (33.68) |
Gain (loss) on sale of assets | (140.46) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Minimum requirements contract income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from equity method investment | -- | -- | -- | -- | -- | -- | -- | -- | 8.92 | 9.70 |
Gain from patent litigation | -- | -- | -- | 62.14 | -- | -- | -- | -- | -- | -- |
Operating Income (loss) | 124.56 | 125.41 | 207.21 | 314.01 | 233.64 | 232.08 | 140.55 | 163.12 | 201.26 | 108.50 |
Interest expense | 62.70 | 58.89 | 55.81 | 60.84 | 82.65 | 95.05 | 100.61 | 81.57 | 72.60 | 52.04 |
Interest income | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.03 |
Other income (expense), net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Nonoperating income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Loss on debt extinguishment | (5.72) | -- | -- | (22.99) | (52.44) | (2.34) | -- | -- | (1.61) | (52.45) |
Non-operating pension costs | 4.48 | (0.40) | 1.02 | (0.10) | (0.56) | (8.23) | -- | -- | -- | -- |
Gain on sale of note receivable | 27.04 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from continuing operations before taxes | 87.66 | 66.13 | 152.41 | 230.08 | 97.99 | 126.46 | 39.94 | 81.55 | 127.05 | 5.04 |
Current- Foreign | 13.63 | 11.51 | 13.86 | 16.97 | 26.81 | 26.91 | 17.32 | 16.59 | 21.38 | 14.02 |
Income tax expense (benefit) | 25.21 | 11.72 | 42.52 | 62.94 | (4.62) | (1.19) | (26.57) | 7.11 | 22.32 | (38.19) |
Deferred: Foreign | (14.32) | 3.91 | (2.69) | 3.14 | (4.16) | 0.78 | (19.71) | (7.39) | 0.29 | (19.67) |
Current: United States state and local | 3.11 | 0.09 | 3.09 | 3.91 | 0.34 | (1.04) | 1.79 | 1.62 | (0.03) | (2.52) |
Deferred: United States federal | 13.20 | (1.75) | 7.57 | 7.22 | (17.74) | (27.68) | -- | (9.66) | 3.58 | (22.66) |
Deferred: United States state and local | 5.21 | (2.31) | (1.21) | (0.03) | (7.12) | (3.14) | (2.26) | (0.75) | 1.59 | (0.42) |
Current: United States federal | 4.38 | 0.27 | 21.89 | 31.73 | (2.75) | 2.98 | (23.71) | 6.70 | (4.49) | (6.95) |
Minority Interest in Earnings of Subsidiaries, Net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from Continuing Operations | 62.46 | 54.40 | 109.89 | 167.14 | 102.61 | -- | 66.51 | 74.43 | 104.73 | 43.24 |
Loss from discontinued operations | -- | (99.51) | (486.67) | (6.43) | (9.75) | -- | (0.24) | 0.58 | (1.42) | 16.77 |
Gain (loss) on disposal of discontinued operations, net of tax | 1.86 | (9.95) | -- | -- | -- | -- | (0.09) | (0.56) | -- | 134.48 |
Cumulative effect of change in accounting principle, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income | 64.32 | (55.06) | (376.78) | 160.71 | 92.85 | 127.65 | 66.18 | 74.45 | 103.31 | -- |
Net loss attributable to noncontrolling interest | 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 | 66.20 | 74.45 | -- | -- |
Less: Preferred stock dividends | -- | -- | 18.44 | 34.93 | 34.93 | 15.43 | 0.00 | -- | -- | -- |
Net income (loss) Available to Common Shareholders | 63.93 | (55.16) | (395.45) | 125.96 | 58.28 | 112.58 | 66.20 | 74.45 | 103.31 | 194.49 |
Basic income (loss) per share: Continuing operations | 1.39 | 1.21 | 2.16 | 3.25 | 1.61 | -- | 1.57 | 1.72 | 2.39 | 0.96 |
Basic income (loss) per share: Discontinued operations | -- | (2.22) | (11.53) | (0.16) | (0.23) | -- | (0.01) | 0.01 | (0.03) | 0.37 |
Basic income (loss) per share: Disposal of discontinued operations | 0.04 | (0.22) | -- | -- | -- | -- | -- | (0.01) | -- | 2.98 |
EPS (BASIC): Cumulative effect of accounting change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 1.43 | (1.23) | (9.37) | 3.10 | 1.38 | 2.67 | 1.56 | 1.72 | 2.36 | 4.31 |
Diluted income (loss) per share: Continuing operations | 1.37 | 1.21 | 2.15 | 3.23 | 1.60 | -- | 1.55 | 1.69 | 2.34 | 0.94 |
Diluted income (loss) per share: Discontinued operations | -- | (2.22) | (11.53) | (0.16) | (0.23) | -- | (0.01) | 0.01 | (0.03) | 0.36 |
Diluted income (loss) per share: Disposal of discontinued operations | 0.04 | (0.22) | -- | -- | -- | -- | -- | (0.01) | -- | 2.93 |
EPS (DILUTED): Cumulative effect of accounting change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 1.41 | (1.23) | (9.37) | 3.08 | 1.37 | 2.65 | 1.54 | 1.69 | 2.31 | 4.23 |
Weighted Average Shares Outstanding (Basic) | 44.80 | 44.78 | 42.20 | 40.68 | 42.22 | 42.09 | 42.39 | 43.27 | 43.87 | 45.10 |
Weighted Average Shares Outstanding (Diluted) | 45.36 | 44.94 | 42.42 | 40.96 | 42.64 | 42.56 | 42.95 | 44.00 | 44.74 | 45.94 |