XML 47 R36.htm IDEA: XBRL DOCUMENT v3.25.2

Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information regarding industry segments at June 30, 2025 and 2024 and for the three months then ended are as follows (in millions):

						Life Science						Clinical Diagnostics						Other Operations
Net sales			2025			$	262.8					$	388.8					$	—
			2024			$	250.5					$	388.0					$	—
Cost of goods sold			2025			$	114.5					$	191.8					$	—
			2024			$	105.9					$	177.5					$	—
Depreciation and amortization			2025			$	17.8					$	22.8					$	—
			2024			$	16.3					$	20.1					$	—
Segment profit			2025			$	148.3					$	197.0					$	—
			2024			$	144.6					$	210.5					$	—
Segment assets			2025			$	309.8					$	489.0					$	—
			2024			$	308.8					$	495.0					$	—

Information regarding industry segments for the six months ended June 30, 2025 and 2024 are as follows (in millions):

						Life Science						Clinical Diagnostics						Other Operations
Net sales			2025			$	491.4					$	745.6					$	—
			2024			$	492.2					$	756.6					$	0.5
Cost of goods sold			2025			$	214.7					$	371.0					$	—
			2024			$	215.9					$	351.7					$	0.6
Depreciation and amortization			2025			$	34.8					$	43.9					$	—
			2024			$	32.5					$	41.0					$	—
Segment profit			2025			$	276.7					$	374.6					$	—
			2024			$	276.3					$	404.9					$	(0.1)

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following reconciles total segment gross profit to consolidated income (loss) before income taxes (in millions):

			Three Months Ended												Six Months Ended
			June 30,												June 30,
			2025						2024						2025						2024
Total segment profit			$	345.3					$	355.1					$	651.3					$	681.1
Selling, general and administrative expense			(207.7)						(194.7)						(416.5)						(409.6)
Research and development expense			(60.5)						(58.9)						(134.0)						(125.3)
Interest expense			(12.6)						(12.3)						(24.6)						(24.5)
Foreign currency exchange (gains) losses, net			(1.1)						1.7						1.6						3.7
Gains (losses) from change in fair market value of equity securities and loan receivable			334.4						(2,895.4)						366.2						(2,473.2)
Other income, net			16.2						18.2						53.4						52.6
Consolidated income (loss) before income taxes			$	414.0					$	(2,786.3)					$	497.4					$	(2,295.2)

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration