XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Condensed Consolidated Statements of Income        
Net sales $ 3,053.9 $ 3,136.8 $ 6,028.0 $ 6,088.6
Cost of sales 2,062.2 2,132.6 4,092.9 4,157.9
Gross profit 991.7 1,004.2 1,935.1 1,930.7
Acquisition-related expenses 4.0 0.0 9.4 0.0
Selling, general and administrative expenses 367.8 355.4 714.1 692.1
Operating income 619.9 648.8 1,211.6 1,238.6
Interest expense (35.0) (30.5) (71.0) (58.6)
Gain on bargain purchase acquisition 5.4 0.0 5.4 0.0
Other income (expense), net 5.6 2.3 9.8 4.0
Income before income taxes 595.9 620.6 1,155.8 1,184.0
Provision for income taxes (130.6) (144.5) (247.8) (278.7)
Net Income 465.3 476.1 908.0 905.3
Less: Net income attributable to noncontrolling interests (4.8) (3.6) (8.3) (7.1)
Net income attributable to Amphenol Corporation $ 460.5 $ 472.5 $ 899.7 $ 898.2
Net income attributable to Amphenol Corporation per common share - Basic (in dollars per share) $ 0.77 $ 0.79 $ 1.51 $ 1.50
Weighted average common shares outstanding - Basic (in shares) 595.0 596.2 595.0 597.3
Net income attributable to Amphenol Corporation per common share - Diluted (in dollars per share) $ 0.74 $ 0.76 $ 1.45 $ 1.44
Weighted average common shares outstanding - Diluted (in shares) 618.2 619.7 619.1 622.6