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Quarterly Operating Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Operating Results (Unaudited)
2019
1st
 
2nd
 
3rd
 
4th
 
Year
 
(In thousands, except days and per share amounts)
Number of days in quarter
90

 
91

 
91

 
93

 
365

Revenues
$
500,140

 
$
548,352

 
$
533,098

 
$
549,688

 
$
2,131,278

Gross profit
186,856

 
205,072

 
198,805

 
202,772

 
793,505

Operating income
47,490

 
58,775

 
57,542

 
43,400

 
207,207

Income from continuing operations
27,935

 
41,395

 
38,031

 
2,530

 
109,891

Income (loss) from discontinued operations, net of tax
(2,757
)
 
895

 
(335,046
)
 
(149,759
)
 
(486,667
)
Net income (loss)
25,178

 
42,290

 
(297,015
)
 
(147,229
)
 
(376,776
)
Less: Net incomce (loss) attributable to noncontrolling interest
(24
)
 
90

 
(6
)
 
179

 
239

Net income (loss) attributable to Belden
25,202

 
42,200

 
(297,009
)
 
(147,408
)
 
(377,015
)
Less: Preferred stock dividends
8,733

 
8,733

 
971

 

 
18,437

Net income (loss) attributable to Belden common stockholders
16,469

 
33,467

 
(297,980
)
 
(147,408
)
 
(395,452
)
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per share attributable to Belden common stockholders:
 
 
 
 
 
 
 
 
 
Continuing operations attributable to Belden common stockholders
$
0.48

 
$
0.82

 
$
0.83

 
$
0.05

 
$
2.16

Discontinued operations attributable to Belden common stockholders
(0.07
)
 
0.02

 
(7.54
)
 
(3.29
)
 
(11.53
)
Net income (loss) attributable to Belden common stockholders
$
0.42

 
$
0.84

 
$
(6.70
)
 
$
(3.24
)
 
$
(9.37
)
Diluted income (loss) per share attributable to Belden stockholders:
 
 
 
 
 
 
 
 
 
Continuing operations attributable to Belden common stockholders
$
0.48

 
$
0.82

 
$
0.83

 
$
0.05

 
$
2.15

Discontinued operations attributable to Belden common stockholders
(0.07
)
 
0.02

 
(7.54
)
 
(3.29
)
 
(11.53
)
Net income (loss) attributable to Belden common stockholders
$
0.42

 
$
0.84

 
$
(6.70
)
 
$
(3.24
)
 
$
(9.37
)
Included in income from continuing operations in the first, second, third, and fourth quarters of 2019 are severance, restructuring, and integration costs of $0.0 million, $2.5 million, $3.0 million, and $21.0 million, respectively.
2018
1st
 
2nd
 
3rd
 
4th
 
Year
 
(In thousands, except days and per share amounts)
Number of days in quarter
91

 
91

 
91

 
92

 
365

Revenues
$
498,715

 
$
560,898

 
$
554,037

 
$
552,052

 
$
2,165,702

Gross profit
186,359

 
212,057

 
214,501

 
216,994

 
829,911

Operating income
44,878

 
68,706

 
129,160

 
71,264

 
314,008

Income from continuing operations
3,855

 
40,278

 
87,046

 
35,965

 
167,144

Income (loss) from discontinued operations, net of tax
(1,285
)
 
(11,486
)
 
(1,188
)
 
7,526

 
(6,433
)
Net income
2,570

 
28,792

 
85,858

 
43,491

 
160,711

Less: Net loss attributable to noncontrolling interest
(48
)
 
(77
)
 
(23
)
 
(35
)
 
(183
)
Net income attributable to Belden
2,618

 
28,869

 
85,881

 
43,526

 
160,894

Less: Preferred stock dividends
8,733

 
8,733

 
8,732

 
8,733

 
34,931

Net income (loss) attributable to Belden common stockholders
(6,115
)
 
20,136

 
77,149

 
34,793

 
125,963

 
 
 
 
 
 
 
 
 
 
Basic income (loss) per share attributable to Belden common stockholders:
 
 
 
 
 
 
 
 
 
Continuing operations attributable to Belden common stockholders
$
(0.12
)
 
$
0.77

 
$
1.64

 
$
0.68

 
$
3.25

Discontinued operations attributable to Belden common stockholders
(0.03
)
 
(0.28
)
 
(0.03
)
 
0.19

 
(0.16
)
Net income (loss) attributable to Belden common stockholders
$
(0.15
)
 
$
0.49

 
$
1.90

 
$
0.87

 
$
3.10

Diluted income (loss) per share attributable to Belden stockholders:
 
 
 
 
 
 
 
 
 
Continuing operations attributable to Belden common stockholders
$
(0.12
)
 
$
0.77

 
$
1.64

 
$
0.68

 
$
3.23

Discontinued operations attributable to Belden common stockholders
(0.03
)
 
(0.28
)
 
(0.03
)
 
0.19

 
(0.16
)
Net income (loss) attributable to Belden common stockholders
$
(0.15
)
 
$
0.49

 
$
1.62

 
$
0.87

 
$
3.08