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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2016
Selected Quarterly Financial Data (Unaudited)  
Selected Quarterly Financial Data (Unaudited)

Note 14—Selected Quarterly Financial Data (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

    

March 31, 

   

June 30, 

   

September 30, 

   

December 31, 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

1,451.2

 

$

1,548.2

 

$

1,635.9

 

$

1,651.1

 

 

Gross profit

 

 

459.2

 

 

497.3

 

 

537.3

 

 

546.1

 

 

Operating income

 

 

239.4

(1)

 

300.3

 

 

326.3

(2)

 

339.1

 

 

Net income

 

 

158.4

(1)

 

208.7

 

 

227.1

(2)

 

238.3

 

 

Net income attributable to Amphenol Corporation

 

 

156.6

(1)

 

206.5

 

 

224.3

(2)

 

235.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share—Basic

 

 

0.51

(1)

 

0.67

 

 

0.73

(2)

 

0.76

 

 

Net income per common share—Diluted

 

 

0.50

(1)

 

0.65

 

 

0.71

(2)

 

0.75

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

1,327.1

 

$

1,351.5

 

$

1,459.6

 

$

1,430.5

 

 

Gross profit

 

 

424.6

 

 

432.5

 

 

464.0

 

 

458.5

 

 

Operating income

 

 

260.2

 

 

260.7

(3)

 

294.8

 

 

289.0

 

 

Net income

 

 

181.8

 

 

180.6

(3)

 

207.3

 

 

202.6

 

 

Net income attributable to Amphenol Corporation

 

 

179.8

 

 

179.0

(3)

 

204.5

 

 

200.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share—Basic

 

 

0.58

 

 

0.58

(3)

 

0.66

 

 

0.65

 

 

Net income per common share—Diluted

 

 

0.57

 

 

0.56

(3)

 

0.65

 

 

0.63

 

 


(1)

Operating income, net income and net income per common share includes acquisition-related expenses primarily related to the acquisition of FCI which closed in January 2016.  These acquisition-related expenses had the effect of decreasing Operating income, Net income, Net income attributable to Amphenol Corporation, and Net income per common share-Diluted by $30.3,  $27.3,  $27.3 and $0.09 per share, respectively, for the three months ended March 31, 2016.

 

(2)

Operating income, net income and net income per common share includes acquisition-related expenses.  These acquisition-related expenses had the effect of decreasing Operating income, Net income, Net income attributable to Amphenol Corporation, and Net income per common share-Diluted by $6.3,  $5.8,  $5.8 and $0.02 per share, respectively, for the three months ended September 30, 2016.

 

(3)

Operating income, net income and net income per common share includes acquisition-related expenses primarily relating to the FCI acquisition which was announced in the second quarter of 2015.  These acquisition-related expenses had the effect of decreasing Operating income, Net income, Net income attributable to Amphenol Corporation, and Net income per common share-Diluted by $5.7,  $5.7,  $5.7 and $0.02 per share, respectively, for the three months ended June 30, 2015.