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 |
Products | 2,294.94 | 2,096.29 | 2,591.57 | 3,196.58 | 2,690.91 | 1,887.67 | 1,729.62 | 1,784.70 | 1,453.25 | 1,340.57 |
Services | 524.95 | 580.01 | 563.47 | 506.31 | 430.56 | 407.29 | 371.18 | 351.91 | 300.00 | 299.01 |
Sales | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Total Net Revenues | 2,819.88 | 2,676.30 | 3,155.05 | 3,702.88 | 3,121.47 | 2,294.97 | 2,100.80 | 2,136.61 | 1,753.25 | 1,639.58 |
Cost of sales | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cost of Services | 210.07 | 256.66 | 245.34 | 196.12 | 178.25 | 173.09 | 153.27 | 154.19 | 134.59 | 132.16 |
Cost of products | 960.89 | 882.89 | 1,042.56 | 1,300.11 | 1,157.48 | 782.05 | 727.14 | 758.55 | 659.10 | 591.77 |
Cost of sales - inventory provision and other charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gross Profit | 1,648.93 | 1,536.75 | 1,867.15 | 2,206.66 | 1,785.74 | 1,339.83 | 1,220.39 | 1,223.87 | 959.57 | 915.64 |
Goodwill impairment | -- | -- | -- | -- | -- | -- | -- | -- | 254.95 | -- |
Acquired intangible asset amortization | 18.76 | 19.00 | 19.33 | 21.46 | 30.80 | 40.15 | 39.19 | 30.53 | 52.65 | 69.03 |
Engineering and development | 460.88 | 418.09 | 440.59 | 427.61 | 374.96 | 322.82 | 301.51 | 305.67 | 291.03 | 292.25 |
In-process research and development | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Selling and administrative | 617.05 | 577.32 | 558.10 | 547.56 | 464.77 | 437.08 | 390.67 | 348.29 | 315.68 | 306.31 |
Gain on sale of business | (57.12) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Restructuring and other, net | 15.57 | 21.28 | 17.19 | 9.31 | (13.20) | (13.88) | 15.23 | 9.36 | 21.94 | 5.08 |
Acquired intangible assets impairment | -- | -- | -- | -- | -- | -- | -- | -- | (83.34) | -- |
Total Operating Expenses | 1,055.14 | 1,035.68 | 1,035.21 | 1,005.94 | 857.33 | 786.18 | 746.60 | 693.84 | 1,019.58 | 672.67 |
Operating Income (Loss) | 593.79 | 501.07 | 831.94 | 1,200.72 | 928.41 | 553.65 | 473.80 | 530.03 | (60.02) | 242.97 |
Interest expense | 3.59 | 3.81 | 3.72 | 17.82 | 24.18 | 23.15 | 31.27 | 21.66 | 3.64 | 1.88 |
Interest income | 24.77 | 27.35 | 6.38 | 2.63 | 5.98 | 24.79 | 26.70 | 17.81 | 9.30 | 7.21 |
Other income (expense) net | (5.89) | 0.96 | 5.79 | (24.57) | (9.19) | (29.52) | (1.43) | (1.76) | (0.70) | 4.82 |
Income (Loss) from continuing operations before income taxes | 609.09 | 525.57 | 840.39 | 1,160.96 | 901.02 | 525.77 | 467.80 | 524.41 | (55.06) | 253.12 |
Current-State | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred:State | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Provision (Benefit) for income taxes | 59.50 | 76.82 | 124.88 | 146.37 | 116.87 | 58.30 | 16.02 | 266.72 | (11.64) | 46.65 |
Current:U.S. Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Current:Non U.S | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred:U.S. Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred:Non U.S | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Equity in Net Earnings of Affiliate | (7.21) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Provision for income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on disposal of discontinued operations (net of income tax provision of $30, | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from discontinued operations net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income available to Common Shareholders | 542.37 | 448.75 | 715.50 | 1,014.59 | 784.15 | 467.47 | 451.78 | 257.69 | (43.42) | 206.48 |
Basic:Net (loss) income per common share from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Basic:Net income (loss) per common share | 3.41 | 2.91 | 4.52 | 6.15 | 4.72 | 2.74 | 2.41 | 1.30 | (0.21) | 0.98 |
Diluted:Net (loss) income per common share from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net (loss) income per common share-Diluted | 3.32 | 2.73 | 4.22 | 5.53 | 4.28 | 2.60 | 2.35 | 1.28 | (0.21) | 0.97 |
Weighted Average Shares Outstanding (Basic) | 159.08 | 154.31 | 158.43 | 164.96 | 166.12 | 170.43 | 187.67 | 198.07 | 202.58 | 211.54 |
Weighted Average Shares Outstanding (Diluted) | 163.31 | 164.30 | 169.73 | 183.63 | 183.04 | 179.46 | 192.61 | 201.64 | 202.58 | 213.32 |