XML 19 R3.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
Sep. 30, 2023
Sep. 24, 2022
Sep. 25, 2021
Revenues:      
Revenue from product and services $ 4,030.4 $ 4,862.8 $ 5,632.3
Costs of revenues:      
Amortization of acquired intangible assets 205.7 295.7 276.7
Impairment of intangible assets and equipment 179.5 17.4 0.0
Gross profit 2,071.5 2,997.4 3,795.8
Operating expenses:      
Research and development 294.3 283.4 276.3
Selling and marketing 595.2 630.3 561.2
General and administrative 392.4 407.7 433.2
Amortization of acquired intangible assets 28.1 45.2 42.2
Impairment of intangible assets and equipment 44.3 27.7 0.0
Contingent consideration – fair value adjustments (14.9) (39.5) (6.7)
Loss on assets held-for-sale 51.7 0.0 0.0
Restructuring charges 12.0 2.4 9.3
Operating expenses 1,403.1 1,357.2 1,315.5
Income from operations 668.4 1,640.2 2,480.3
Interest income 120.5 12.9 1.4
Interest expense (111.1) (95.1) (93.6)
Debt extinguishment loss 0.0 (0.7) (21.6)
Other income (expense), net (1.7) 30.9 (5.4)
Income before income taxes 676.1 1,588.2 2,361.1
Provision for income taxes 220.1 286.2 491.4
Net income 456.0 1,302.0 1,869.7
Comprehensive loss attributable to noncontrolling interest 0.0 0.0 (1.8)
Net income attributable to Hologic $ 456.0 $ 1,302.0 $ 1,871.5
Net income per common share attributable to Hologic:      
Basic (in dollars per share) $ 1.85 $ 5.18 $ 7.28
Diluted (in dollars per share) $ 1.83 $ 5.13 $ 7.21
Weighted average number of shares outstanding:      
Basic (in shares) 246,772 251,527 257,046
Diluted (in shares) 248,831 253,845 259,706
Product      
Revenues:      
Revenue from product and services $ 3,279.9 $ 4,191.2 $ 4,967.3
Costs of revenues:      
Cost of goods and services sold 1,184.3 1,166.1 1,205.1
Service      
Revenues:      
Revenue from product and services 750.5 671.6 665.0
Costs of revenues:      
Cost of goods and services sold $ 389.4 $ 386.2 $ 354.7