SPX Technologies Inc
For the period ended Jun 29, 2024. Filed Aug 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Aug 2, 2024
SPXC$150.12-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income
(Unaudited; in millions, except per share amounts)
| Three months ended | Six months ended | |||
|---|---|---|---|---|
| June 29,2024 | July 1,2023 | June 29,2024 | July 1,2023 | |
| Revenues | $501.3 | $423.3 | $966.5 | $823.1 |
| Costs and expenses: | ||||
| Cost of products sold | 300.5 | 259.7 | 582.8 | 509.6 |
| Selling, general and administrative | 101.2 | 100.8 | 204.1 | 194.6 |
| Intangible amortization | 16.8 | 11.5 | 31.6 | 17.8 |
| Special charges, net | (0.2) | — | 0.4 | — |
| Other operating expense, net | 8.4 | — | 8.4 | — |
| Operating income | 74.6 | 51.3 | 139.2 | 101.1 |
| Other income (expense), net | (1.7) | — | (5.7) | 2.5 |
| Interest expense | (12.8) | (5.4) | (22.6) | (7.8) |
| Interest income | 0.3 | 0.2 | 0.6 | 0.7 |
| Income from continuing operations before income taxes | 60.4 | 46.1 | 111.5 | 96.5 |
| Income tax provision | (15.2) | (7.8) | (17.1) | (19.1) |
| Income from continuing operations | 45.2 | 38.3 | 94.4 | 77.4 |
| Income (loss) from discontinued operations, net of tax | — | — | — | — |
| Gain (loss) on disposition of discontinued operations, net of tax | (1.0) | (2.3) | (1.2) | 1.4 |
| Income (loss) from discontinued operations, net of tax | (1.0) | (2.3) | (1.2) | 1.4 |
| Net income | $44.2 | $36.0 | $93.2 | $78.8 |
| Basic income per share of common stock: | ||||
| Income from continuing operations | $0.98 | $0.84 | $2.05 | $1.70 |
| Income (loss) from discontinued operations, net of tax | (0.02) | (0.05) | (0.03) | 0.03 |
| Net income per share | $0.96 | $0.79 | $2.02 | $1.73 |
| Weighted-average number of common shares outstanding — basic | 46.246 | 45.533 | 46.038 | 45.457 |
| Diluted income per share of common stock: | ||||
| Income from continuing operations | $0.96 | $0.82 | $2.01 | $1.66 |
| Income (loss) from discontinued operations, net of tax | (0.02) | (0.05) | (0.02) | 0.03 |
| Net income per share | $0.94 | $0.77 | $1.99 | $1.69 |
| Weighted-average number of common shares outstanding — diluted | 47.158 | 46.627 | 46.901 | 46.500 |
| Comprehensive income | $38.2 | $39.2 | $77.0 | $83.8 |
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