BENCHMARK ELECTRONICS INC
For the period ended Sep 30, 2024. Filed Nov 1, 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.
Sep 30, 2024 · Filed Nov 1, 2024
BHE$63.64+0.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| (in thousands, except per share data) | 2024 | 2023 | 2024 | 2023 |
| Sales | $657,747 | $719,695 | $1,999,218 | $2,147,622 |
| Cost of sales | 591,006 | 650,618 | 1,797,119 | 1,947,556 |
| Gross profit | 66,741 | 69,077 | 202,099 | 200,066 |
| Selling, general and administrative expenses | 36,636 | 35,509 | 111,990 | 111,379 |
| Amortization of intangible assets | 1,205 | 1,592 | 3,613 | 4,775 |
| Restructuring charges and other costs | 795 | 1,635 | 5,609 | 6,348 |
| Income from operations | 28,105 | 30,341 | 80,887 | 77,564 |
| Interest expense | (6,569) | (8,475) | (20,747) | (23,183) |
| Interest income | 2,811 | 1,343 | 7,329 | 4,223 |
| Other (expense) income, net | (3,952) | 2,384 | (7,452) | 280 |
| Income before income taxes | 20,395 | 25,593 | 60,017 | 58,884 |
| Income tax expense | 5,021 | 5,181 | 15,113 | 12,121 |
| Net income | $15,374 | $20,412 | $44,904 | $46,763 |
| Earnings per share: | ||||
| Basic | $0.43 | $0.57 | $1.25 | $1.32 |
| Diluted | $0.42 | $0.57 | $1.23 | $1.30 |
| Weighted-average number of shares outstanding: | ||||
| Basic | 36,051 | 35,647 | 35,970 | 35,535 |
| Diluted | 36,629 | 35,876 | 36,469 | 35,879 |
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