XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Jun. 29, 2018
Jun. 30, 2017
Jun. 29, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenues $ 191.2 $ 170.1 $ 568.6 $ 482.4
Cost of revenues 128.2 110.6 373.9 306.6
Gross margin 63.0 59.5 194.7 175.8
Operating expenses:        
Research and development 20.5 17.7 62.3 45.4
Selling, general and administrative 35.2 26.3 94.3 73.3
Total operating expenses 55.7 44.0 156.6 118.7
Operating earnings 7.3 15.5 38.1 57.1
Interest income 0.0 0.1 0.1 0.2
Interest expense (5.4) (4.2) (16.5) (5.8)
Other income (expense), net 0.7 4.4 3.8 5.1
Interest and other income (expense), net (4.7) 0.3 (12.6) (0.5)
Earnings before taxes 2.6 15.8 25.5 56.6
Income tax provision (benefit) on earnings (1.3) 5.1 (2.4) 19.6
Net earnings 3.9 10.7 27.9 37.0
Less: Net earnings attributable to noncontrolling interests 0.1 0.1 0.4 0.2
Net earnings attributable to Varex $ 3.8 $ 10.6 $ 27.5 $ 36.8
Net earnings per common share attributable to Varex        
Earnings per share, basic (in USD per share) $ 0.10 $ 0.28 $ 0.73 $ 0.98
Earnings per share, diluted (in USD per share) $ 0.10 $ 0.28 $ 0.72 $ 0.97
Weighted average common shares outstanding        
Weighted average number of shares outstanding, basic 37.9 37.6 37.8 37.5
Weighted average number of shares outstanding,diluted 38.4 38.0 38.3 37.9