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v3.6.0.2

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Net sales | $ 2,068,172 | $ 2,019,441 | $ 2,175,044
Cost of goods sold | 930,085 | 897,771 | 996,527
Gross profit | 1,138,087 | 1,121,670 | 1,178,517
Selling, general and administrative expense | 816,724 | 761,990 | 808,200
Research and development expense | 205,864 | 192,972 | 220,333
Impairment losses on goodwill and long-lived assets | 62,305 | 0 | 0
Income from operations | 53,194 | 166,708 | 149,984
Interest expense | 21,942 | 21,692 | 22,131
Foreign exchange losses, net | 4,542 | 10,249 | 9,305
Other (income) expense, net | (14,850) | (11,080) | (13,009)
Income before income taxes | 41,560 | 145,847 | 131,557
Provision for income taxes | (13,435) | (32,754) | (42,712)
Net Income (Loss) Attributable to Parent | $ 28,125 | $ 113,093 | $ 88,845
Basic earnings per share: |  |  |
Net income per share basic attributable to Bio-Rad | $ 0.96 | $ 3.87 | $ 3.08
Weighted average common shares - basic | 29,440 | 29,186 | 28,876
Diluted earnings per share: |  |  |
Net income per share diluted attributable to Bio-Rad | $ 0.95 | $ 3.85 | $ 3.05
Weighted average common shares - diluted | 29,646 | 29,409 | 29,133

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