XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Income - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Jun. 26, 2021
Jun. 27, 2020
Jun. 26, 2021
Jun. 27, 2020
Revenues:        
Product $ 995,200,000 $ 701,600,000 $ 3,829,400,000 $ 2,024,500,000
Service and other 173,100,000 121,300,000 486,300,000 405,000,000.0
Revenues 1,168,300,000 822,900,000 4,315,700,000 2,429,500,000
Costs of revenues:        
Product 303,900,000 225,100,000 889,100,000 685,900,000
Amortization, Cost of Goods Sold 68,100,000 62,900,000 194,200,000 189,400,000
Impairment of intangible assets and equipment 0 0 0 25,800,000
Service and other 94,700,000 68,800,000 264,700,000 232,700,000
Gross profit 701,600,000 466,100,000 2,967,700,000 1,295,700,000
Operating expenses:        
Research and development 69,000,000.0 55,100,000 199,800,000 165,500,000
Selling and marketing 142,700,000 103,500,000 402,200,000 359,000,000.0
General and administrative 117,300,000 105,300,000 297,700,000 259,900,000
Amortization of acquired intangible assets 10,400,000 10,200,000 30,700,000 29,500,000
Impairment of intangible assets and equipment 0 0 0 4,400,000
Contingent consideration fair value adjustments 0 0 (10,100,000) 400,000
Restructuring and divestiture charges 3,600,000 1,000,000.0 6,600,000 4,800,000
Operating expenses 343,000,000.0 275,100,000 926,900,000 823,500,000
Income from operations 358,600,000 191,000,000.0 2,040,800,000 472,200,000
Interest income 400,000 500,000 1,100,000 4,000,000.0
Interest expense (21,600,000) (27,400,000) (70,900,000) (91,500,000)
Debt extinguishment loss 0 0 (21,600,000) 0
Other income (expense), net 100,000 4,300,000 1,100,000 100,000
Income before income taxes 337,500,000 168,400,000 1,950,500,000 384,800,000
Provision (benefit) for income taxes 69,400,000 32,000,000.0 409,600,000 (232,100,000)
Net income 268,100,000 136,400,000 1,540,900,000 616,900,000
Net loss attributable to noncontrolling interest (300,000) (1,500,000) (1,800,000) (3,400,000)
Net income attributable to Hologic $ 268,400,000 $ 137,900,000 $ 1,542,700,000 $ 620,300,000
Net income per common share attributable to Hologic:        
Basic (in usd per share) $ 1.05 $ 0.53 $ 5.98 $ 2.35
Diluted (in usd per share) $ 1.04 $ 0.53 $ 5.93 $ 2.34
Weighted average number of shares outstanding:        
Basic (in shares) 256,230 259,870 257,769 263,667
Diluted (in shares) 258,581 261,047 260,371 265,092