TELEDYNE TECHNOLOGIES INC
For the period ended Jun 30, 2024. Filed Jul 29, 2024.
View on SEC.govAbout this filing
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 30, 2024 · Filed Jul 29, 2024
TDY$646.13+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)
FOR THE SECOND QUARTER AND SIX MONTHS ENDED JUNE 30, 2024 AND JULY 2, 2023
(Unaudited - Amounts in millions, except per-share amounts)
| Second Quarter | Six Months | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $1,374.1 | $1,424.7 | $2,724.2 | $2,808.0 |
| Costs and expenses | ||||
| Cost of sales | 781.5 | 806.3 | 1,551.7 | 1,597.0 |
| Selling, general and administrative | 296.5 | 313.0 | 592.7 | 613.4 |
| Acquired intangible asset amortization | 49.1 | 49.3 | 98.5 | 99.0 |
| Total costs and expenses | 1,127.1 | 1,168.6 | 2,242.9 | 2,309.4 |
| Operating income (loss) | 247.0 | 256.1 | 481.3 | 498.6 |
| Interest and debt income (expense), net | (15.8) | (22.3) | (28.5) | (43.3) |
| Gain (loss) on debt extinguishment | — | 1.6 | — | 1.6 |
| Non-service retirement benefit income (expense), net | 2.7 | 2.9 | 5.4 | 6.2 |
| Other income (expense), net | (2.2) | (3.4) | (1.0) | (4.5) |
| Income (loss) before income taxes | 231.7 | 234.9 | 457.2 | 458.6 |
| Provision (benefit) for income taxes | 51.4 | 49.4 | 97.8 | 94.3 |
| Net income (loss) including noncontrolling interest | 180.3 | 185.5 | $359.4 | $364.3 |
| Less: Net income (loss) attributable to noncontrolling interest | 0.1 | 0.2 | 0.7 | 0.3 |
| Net income (loss) attributable to Teledyne | $180.2 | $185.3 | $358.7 | $364.0 |
| Basic earnings per common share | $3.82 | $3.94 | $7.58 | $7.74 |
| Weighted average common shares outstanding | 47.2 | 47.0 | 47.3 | 47.0 |
| Diluted earnings per common share | $3.77 | $3.87 | $7.49 | $7.60 |
| Weighted average diluted common shares outstanding | 47.8 | 47.9 | 47.9 | 47.9 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.