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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Sep. 26, 2020
Revenues:      
Revenue from product and services $ 4,862.8 $ 5,632.3 $ 3,776.4
Costs of revenues:      
Amortization of acquired intangible assets 295.7 276.7 253.2
Impairment of acquired intangible assets and equipment 17.4 0.0 25.8
Gross Profit 2,997.4 3,795.8 2,227.5
Operating expenses:      
Research and development 283.4 276.3 222.5
Selling and marketing 630.3 561.2 484.6
General and administrative 407.7 433.2 355.7
Amortization of acquired intangible assets 45.2 42.2 39.7
Impairment of acquired intangible assets and equipment 27.7 0.0 4.4
Contingent consideration – fair value adjustments (39.5) (6.7) 0.3
Restructuring and divestiture charges 2.4 9.3 15.3
Operating expenses 1,357.2 1,315.5 1,122.5
Income from operations 1,640.2 2,480.3 1,105.0
Interest income 12.9 1.4 4.3
Interest expense (95.1) (93.6) (116.5)
Debt extinguishment loss (0.7) (21.6) 0.0
Other income (expense), net 30.9 (5.4) 9.1
Income before income taxes 1,588.2 2,361.1 1,001.9
Provision (benefit) for income taxes 286.2 491.4 (108.6)
Net income 1,302.0 1,869.7 1,110.5
Net loss attributable to noncontrolling interest   (1.8) (4.7)
Net income attributable to Hologic $ 1,302.0 $ 1,871.5 $ 1,115.2
Net income per common share attributable to Hologic:      
Basic (in dollars per share) $ 5.18 $ 7.28 $ 4.24
Diluted (in dollars per share) $ 5.13 $ 7.21 $ 4.21
Weighted average number of shares outstanding:      
Basic (in shares) 251,527 257,046 262,727
Diluted (in shares) 253,845 259,706 264,613
Product      
Revenues:      
Revenue from product and services $ 4,191.2 $ 4,967.3 $ 3,227.0
Costs of revenues:      
Cost of goods and services sold 1,166.1 1,205.1 953.7
Service      
Revenues:      
Revenue from product and services 671.6 665.0 549.4
Costs of revenues:      
Cost of goods and services sold $ 386.2 $ 354.7 $ 316.2