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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Mar. 28, 2020
Mar. 30, 2019
Revenues:        
Product $ 623.6 $ 667.8 $ 1,322.9 $ 1,350.9
Service and other 132.5 150.6 283.7 298.2
Revenues 756.1 818.4 1,606.6 1,649.1
Costs of revenues:        
Product 223.3 232.9 460.8 465.0
Amortization, Cost of Goods Sold 62.9 80.4 126.5 161.4
Impairment of intangible assets and equipment 0.0 374.6 25.8 374.6
Service and other 74.1 88.1 163.9 171.6
Gross profit 395.8 42.4 829.6 476.5
Operating expenses:        
Research and development 49.3 57.3 110.4 110.5
Selling and marketing 110.6 133.5 255.4 279.5
General and administrative 66.5 89.9 155.1 168.5
Amortization of acquired intangible assets 10.1 14.1 19.2 28.2
Impairment of intangible assets and equipment 0.0 69.2 4.4 69.2
Restructuring and divestiture charges 2.9 1.6 3.9 3.3
Operating expenses 239.4 365.6 548.4 659.2
Income (loss) from operations 156.4 (323.2) 281.2 (182.7)
Interest income 1.3 0.8 3.5 2.1
Interest expense (31.3) (34.8) (64.1) (70.9)
Debt extinguishment loss 0.0 0.0 0.0 (0.8)
Other (expense) income, net (7.5) 3.5 (4.2) 2.9
Income (loss) before income taxes 118.9 (353.7) 216.4 (249.4)
Provision (benefit) for income taxes 24.1 (81.1) (264.3) (75.4)
Net income (loss) 94.8 (272.6) 480.7 (174.0)
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable (1.5)   (1.8) 0.0
Net income $ 96.3 $ (272.6) $ 482.5 $ (174.0)
Net income (loss) per common share attributable to Hologic:        
Basic (in usd per share) $ 0.37 $ (1.01) $ 1.82 $ (0.64)
Diluted (in usd per share) $ 0.36 $ (1.01) $ 1.81 $ (0.64)
Weighted average number of shares outstanding:        
Basic (in shares) 263,238 269,235 265,566 269,913
Diluted (in shares) 264,506 269,235 267,114 269,913