XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net sales $ 536,880 $ 572,619 $ 1,108,524 $ 1,126,598
Cost of goods sold 243,892 264,850 498,168 507,067
Gross profit 292,988 307,769 610,356 619,531
Selling, general and administrative expense 189,262 201,257 382,954 408,838
Research and Development Expense 51,984 50,122 101,287 97,697
Segment profit (loss) 51,742 56,390 126,115 112,996
Interest expense 5,740 5,841 11,430 11,827
Foreign exchange (gains) losses, net 774 1,233 1,702 2,513
Marketable Securities, Unrealized (Gain) Loss (1,183,488) (716,389) (2,011,159) (1,775,619)
Other Nonoperating Income (Expense) 17,229 3,896 20,502 22,592
Income before income taxes 1,245,945 769,601 2,144,644 1,896,867
(Provision) benefit for income taxes (279,516) (170,791) (492,303) (432,862)
Net income attributable to Bio-Rad $ 966,429 $ 598,810 $ 1,652,341 $ 1,464,005
Basic earnings per share:        
Net income per share basic attributable to Bio-Rad $ 32.59 $ 20.08 $ 55.52 $ 49.12
Weighted average common shares - basic 29,652 29,814 29,759 29,807
Diluted earnings per share:        
Net income per share diluted attributable to Bio-Rad $ 32.15 $ 19.86 $ 54.84 $ 48.60
Weighted average common shares - diluted 30,058 30,154 30,131 30,125