|
Revenues, net
|
|
$698.1m
|
$773.4m
|
$780.6m
|
$738.3m
|
$818.1m
|
$859.4m
|
$893.4m
|
$811.0m
|
$844.6m
|
|
Cost of revenues
|
|
$444.6m
|
$519.5m
|
$523.9m
|
$548.1m
|
$546.6m
|
$575.9m
|
$603.1m
|
$554.1m
|
$554.1m
|
|
Gross profit
|
|
$253.5m
|
$253.9m
|
$256.7m
|
$190.2m
|
$271.5m
|
$283.5m
|
$290.3m
|
$256.9m
|
$290.5m
|
|
Research and development
|
|
$67.3m
|
$83.0m
|
$78.1m
|
$78.9m
|
$71.9m
|
$77.0m
|
$84.8m
|
$87.0m
|
$91.1m
|
|
Selling, general, and administrative
|
|
$102.5m
|
$123.4m
|
$128.1m
|
$142.2m
|
$125.5m
|
$118.3m
|
$128.4m
|
$137.8m
|
$133.3m
|
|
Total operating expenses
|
|
$169.8m
|
$209.4m
|
$211.0m
|
$223.9m
|
$197.4m
|
$195.3m
|
$213.2m
|
$224.8m
|
$318.3m
|
|
Impairment of goodwill
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$93.9m
|
|
Operating (loss) income
|
|
$83.7m
|
$44.5m
|
$45.7m
|
($33.7m)
|
$74.1m
|
$88.2m
|
$77.1m
|
$32.1m
|
($27.8m)
|
|
Interest income
|
|
$200k
|
$200k
|
$100k
|
$100k
|
$100k
|
$400k
|
$3.7m
|
$7.3m
|
$8.5m
|
|
Net (loss) income
|
|
$52.0m
|
$28.3m
|
$15.8m
|
($57.4m)
|
$17.9m
|
$30.8m
|
$48.7m
|
($47.2m)
|
($69.9m)
|
|
Net (loss) income attributable to Varex
|
|
$51.6m
|
$27.5m
|
$15.5m
|
($57.9m)
|
$17.4m
|
$30.3m
|
$48.2m
|
($47.7m)
|
($70.3m)
|
|
(Loss) income before taxes
|
|
$74.8m
|
$25.7m
|
$21.5m
|
($72.6m)
|
$28.6m
|
$44.5m
|
$31.3m
|
$5.0m
|
($59.2m)
|
|
Less: Net income attributable to noncontrolling interests
|
|
$400k
|
$800k
|
$300k
|
$500k
|
$500k
|
$500k
|
$500k
|
$500k
|
$400k
|
|
Basic (in USD per share)
|
|
$0.01
|
$0.02
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
|
Diluted (in USD per share)
|
|
$0.01
|
$0.02
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
$0.01
|
|
Interest expense
|
|
($12.3m)
|
($21.7m)
|
($21.1m)
|
($31.4m)
|
($42.1m)
|
($39.8m)
|
($29.3m)
|
($30.2m)
|
($35.5m)
|
|
Other expense, net
|
|
$3.2m
|
$2.7m
|
($3.2m)
|
($7.6m)
|
($3.5m)
|
($4.3m)
|
($20.2m)
|
($4.2m)
|
($4.4m)
|
|
Interest and other expense, net
|
|
($8.9m)
|
($18.8m)
|
($24.2m)
|
($38.9m)
|
($45.5m)
|
($43.7m)
|
($45.8m)
|
($27.1m)
|
($31.4m)
|
|
Income tax expense (benefit)
|
|
$22.8m
|
($2.6m)
|
$5.7m
|
($15.2m)
|
$10.7m
|
$13.7m
|
($17.4m)
|
$52.2m
|
$10.7m
|