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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net sales $ 536,832 $ 525,321 $ 1,046,176 $ 1,024,993
Cost of goods sold 239,590 225,220 473,645 453,480
Gross profit 297,242 300,101 572,531 571,513
Selling, general and administrative expense 195,838 195,331 398,113 381,248
Research and Development Expense 55,717 51,841 108,260 102,184
Segment profit (loss) 45,687 52,929 66,158 88,081
Interest expense 5,564 11,664 9,421 22,641
Foreign exchange losses, net (286) 865 2,451 2,393
Other (income) expense, net (8,388) (8,644) (9,049) (10,044)
Income before income taxes 48,797 49,044 63,335 73,091
Provision for income taxes (17,166) (14,442) (25,036) (18,317)
Net income including noncontrolling interests 31,631 34,602 38,299 54,774
Net loss (income) attributable to noncontrolling interests 0 0 0 (21)
Net income attributable to Bio-Rad $ 31,631 $ 34,602 $ 38,299 $ 54,753
Basic earnings per share:        
Net income per share basic attributable to Bio-Rad $ 1.10 $ 1.21 $ 1.33 $ 1.92
Weighted average common shares - basic 28,826 28,538 28,809 28,516
Diluted earnings per share:        
Net income per share diluted attributable to Bio-Rad $ 1.09 $ 1.20 $ 1.32 $ 1.90
Weighted average common shares - diluted 29,092 28,868 29,076 28,843