XML 37 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 560,633 $ 545,138 $ 1,687,231 $ 1,672,568
Cost of goods sold 253,607 258,422 760,674 781,982
Gross profit 307,026 286,716 926,557 890,586
Selling, general and administrative expense 201,622 201,196 610,460 620,751
Research and Development Expense 47,944 49,245 145,641 146,122
Segment profit (loss) 57,460 36,275 170,456 123,713
Interest expense 5,525 6,064 17,352 17,823
Foreign exchange (gains) losses, net 898 672 3,411 1,911
Marketable Securities, Unrealized (Gain) Loss 390,620 (318,007) (1,384,999) (1,420,339)
Nonoperating Income (Expense) 4,367 2,585 26,959 29,588
Income before income taxes (335,216) 350,131 1,561,651 1,553,906
(Provision) benefit for income taxes 76,400 (80,805) (356,462) (359,763)
Net income attributable to Bio-Rad $ (258,816) $ 269,326 $ 1,205,189 $ 1,194,143
Basic earnings per share:        
Net income per share basic attributable to Bio-Rad $ (8.68) $ 9.02 $ 40.42 $ 40.04
Weighted average common shares - basic 29,831 29,863 29,815 29,822
Diluted earnings per share:        
Net income per share diluted attributable to Bio-Rad $ (8.68) $ 8.89 $ 39.97 $ 39.50
Weighted average common shares - diluted 29,831 30,292 30,149 30,234