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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net revenues:        
Net revenues $ 749.9 $ 544.3 $ 1,443.8 $ 1,080.0
Cost of revenues:        
Cost of revenues 394.7 298.0 766.5 594.1
Gross profit 355.2 246.3 677.3 485.9
Research and development 50.0 42.8 97.2 85.2
Selling, general and administrative 97.2 86.1 193.1 173.3
Acquisition and integration costs 6.0 0.7 12.2 2.9
Restructuring and other 3.0 3.3 7.9 3.7
Amortization of intangible assets 12.7 13.8 25.1 30.1
Asset impairment       1.2
COVID-19 related net credits   (1.2)   (1.2)
Income from operations 186.3 100.8 341.8 190.7
Interest income 0.1 0.3 0.3 1.0
Interest expense 6.4 7.2 12.8 16.1
Other expense, net 7.5 1.5 8.6 1.9
Income before income taxes 172.5 92.4 320.7 173.7
Provision for income taxes 26.0 18.7 51.9 30.9
Net income 146.5 73.7 268.8 142.8
Other comprehensive income, net of tax:        
Changes in value of financial instruments designated as cash flow hedges (0.1) (1.0) 10.9 (7.0)
Foreign currency translation adjustments 5.5 6.2 (13.4) (5.0)
Net actuarial gain on pension and post-retirement benefits 0.3 (0.1) (0.1)  
Unrealized (loss) gain on investments (0.6)   (0.1) 0.1
Total comprehensive income $ 151.6 $ 78.8 $ 266.1 $ 130.9
Net income per share:        
Basic $ 2.64 $ 1.34 $ 4.86 $ 2.60
Diluted $ 2.63 $ 1.33 $ 4.83 $ 2.58
Weighted average common shares outstanding:        
Basic 55.4 55.1 55.3 55.0
Diluted 55.7 55.3 55.6 55.3
Products [Member]        
Net revenues:        
Net revenues $ 656.7 $ 473.0 $ 1,261.7 $ 934.2
Cost of revenues:        
Cost of revenues 344.7 258.0 667.3 514.1
Services [Member]        
Net revenues:        
Net revenues 93.2 71.3 182.1 145.8
Cost of revenues:        
Cost of revenues $ 50.0 $ 40.0 $ 99.2 $ 80.0