XML 44 R30.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
QUARTERLY FINANCIAL DATA (UNAUDITED)
FLIR SYSTEMS, INC.
(In thousands, except per share data)

 
Q1
 
Q2
 
Q3
 
Q4
2015
 
 
 
 
 
 
 
Revenue
$
344,517

 
$
392,975

 
$
381,928

 
$
437,647

Gross profit
175,897

 
189,615

 
180,739

 
207,310

Net earnings(1)
47,910

 
50,500

 
73,072

 
70,204

Earnings per share:
 
 
 
 
 
 
 
Basic earnings per share
$
0.34

 
$
0.36

 
$
0.52

 
$
0.51

Diluted earnings per share
$
0.34

 
$
0.36

 
$
0.52

 
$
0.51

 
 
 
 
 
 
 
 
2014
 
 
 
 
 
 
 
Revenue
$
351,542

 
$
369,380

 
$
375,366

 
$
434,366

Gross profit(2)
168,532

 
182,718

 
184,386

 
214,737

Net earnings(3)
29,894

 
44,758

 
52,857

 
72,752

Earnings per share:
 
 
 
 
 
 
 
Basic earnings per share
$
0.21

 
$
0.32

 
$
0.37

 
$
0.52

Diluted earnings per share
$
0.21

 
$
0.31

 
$
0.37

 
$
0.51

_______________
(1)
2015 Net earnings includes restructuring expenses of $0.3 million reported in the first quarter, $0.5 million reported in the second quarter, $0.3 million reported in the third quarter and $0.3 million reported in the fourth quarter.
(2)
2014 Gross profit includes restructuring expenses of $0.6 million reported in the fourth quarter.
(3)
2014 Net earnings includes restructuring expenses of $8.4 million reported in the first quarter, $3.5 million reported in the second quarter, $4.1 million reported in the third quarter and $1.0 million reported in the fourth quarter.
The sum of the quarterly earnings per share does not always equal the annual earnings per share as a result of the computation of quarterly versus annual average shares outstanding.