XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Total revenue $ 1,032,135 $ 1,026,117 $ 2,016,303 $ 2,037,677
Costs and expenses        
Selling, general and administrative 191,549 169,791 369,348 356,082
Amortization of intangible assets 65,384 32,270 130,648 64,845
Operating income (loss) 100,134 151,652 174,803 277,629
Other income (expense)        
Interest income 1,097 3,010 2,501 5,212
Interest expense (29,967) (32,769) (57,851) (67,770)
Other income (expense), net 154 (2,240) (12,057) 3,593
Income before income taxes 71,418 119,653 107,396 218,664
Provision for income taxes 18,725 25,392 28,825 49,921
Net income 52,693 94,261 78,571 168,743
Less: Net income attributable to noncontrolling interests 367 180 776 1,702
Net income attributable to Charles River Laboratories International, Inc. 52,326 94,081 77,795 167,041
Calculation of net income per share attributable to Charles River Laboratories International, Inc. common shareholders        
Net income attributable to Charles River Laboratories International, Inc. 52,326 94,081 77,795 167,041
Less: Adjustment of redeemable noncontrolling interests 0 301 0 702
Less: Incremental dividends attributed to noncontrolling interest holders 0 3,792 0 9,022
Net income available to Charles River Laboratories International, Inc. common shareholders $ 52,326 $ 89,988 $ 77,795 $ 157,317
Earnings per common share        
Basic (in dollars per share) $ 1.06 $ 1.75 $ 1.56 $ 3.06
Diluted (in dollars per share) $ 1.06 $ 1.74 $ 1.55 $ 3.04
Weighted-average number of common shares outstanding        
Basic (in shares) 49,149 51,551 49,913 51,494
Diluted (in shares) 49,316 51,846 50,089 51,810
Service        
Total revenue $ 840,836 $ 842,900 $ 1,638,759 $ 1,659,762
Costs and expenses        
Cost of revenue (excluding amortization of intangible assets) 584,876 577,383 1,162,304 1,155,547
Product        
Total revenue 191,299 183,217 377,544 377,915
Costs and expenses        
Cost of revenue (excluding amortization of intangible assets) $ 90,192 $ 95,021 $ 179,200 $ 183,574