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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 03, 2015
Jun. 27, 2014
Jul. 03, 2015
Jun. 27, 2014
Revenues:        
Product $ 533,736 $ 505,648 $ 1,523,331 $ 1,529,024
Service 250,275 242,037 757,940 708,669
Total revenues 784,011 747,685 2,281,271 2,237,693
Cost of revenues:        
Product 363,306 314,874 999,581 957,920
Service 105,729 109,084 317,168 318,157
Total cost of revenues 469,035 423,958 1,316,749 1,276,077
Gross margin 314,976 323,727 964,522 961,616
Operating expenses:        
Research and development 60,010 56,988 176,398 175,668
Selling, general and administrative 110,722 124,235 368,394 348,776
Litigation settlement 0 0 0 25,130
Total operating expenses 170,732 181,223 544,792 549,574
Operating earnings 144,244 142,504 419,730 412,042
Interest income 3,489 3,045 9,573 7,768
Interest expense (1,881) (1,787) (5,927) (5,535)
Earnings before taxes 145,852 143,762 423,376 414,275
Taxes on earnings 32,210 36,672 110,451 116,437
Net earnings 113,642 107,090 312,925 297,838
Less: Net earnings attributable to noncontrolling interests 136 0 136 0
Net earnings attributable to Varian $ 113,506 $ 107,090 $ 312,789 $ 297,838
Net earnings per share attributable to Varian - basic (usd per share) $ 1.14 $ 1.03 $ 3.13 $ 2.85
Net earnings per share attributable to Varian - diluted (usd per share) $ 1.13 $ 1.02 $ 3.10 $ 2.81
Shares used in the calculation of net earnings per share:        
Weighted average shares outstanding - basic 99,721 103,644 100,090 104,585
Weighted average shares outstanding - diluted 100,454 104,869 101,020 105,910