14. Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

14. QUARTERLY FINANCIAL DATA (UNAUDITED)

Summarized quarterly financial data for 2011 and 2010 are as follows (in millions, except per share data):



	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2011
Net sales	$	485.1	$	521.7	$	516.5	$	550.2
Gross profit	277.6		293.1		296.2		311.0
Net income attributable to Bio-Rad	33.0		40.0		45.9		59.2
Basic earnings per share	$	1.18	$	1.43	$	1.63	$	2.11
Diluted earnings per share	$	1.16	$	1.41	$	1.61	$	2.08

2010
Net sales	$	454.2	$	467.7	$	471.5	$	533.7
Gross profit	257.1		268.3		266.3		299.7
Net income attributable to Bio-Rad	34.9		38.0		44.8		67.9
Basic earnings per share	$	1.27	$	1.37	$	1.62	$	2.44
Diluted earnings per share	$	1.24	$	1.35	$	1.59	$	2.41

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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