TELEDYNE TECHNOLOGIES INC
For the period ended Dec 29, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
TDY$646.13+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
CONSOLIDATED STATEMENTS OF INCOME (LOSS)
(Amounts in millions, except per-share amounts)
| For the Fiscal Year | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net sales | $5,670.0 | $5,635.5 | $5,458.6 |
| Costs and expenses | |||
| Cost of sales | 3,235.2 | 3,196.1 | 3,128.3 |
| Selling, general and administrative | 902.6 | 852.0 | 804.0 |
| Research and development | 292.6 | 356.3 | 352.2 |
| Acquired intangible asset amortization | 198.0 | 196.7 | 201.7 |
| Impairment of acquired intangible assets | 52.5 | — | 0.4 |
| Total costs and expenses | 4,680.9 | 4,601.1 | 4,486.6 |
| Operating income (loss) | 989.1 | 1,034.4 | 972.0 |
| Interest and debt expense, net | (57.9) | (77.3) | (89.3) |
| Non-service retirement benefit income | 10.8 | 12.4 | 11.4 |
| Gain (loss) on debt extinguishment | — | 1.6 | 10.6 |
| Other income (expense), net | (4.1) | (12.2) | 3.4 |
| Income (loss) before income taxes | 937.9 | 958.9 | 908.1 |
| Provision (benefit) for income taxes | 117.2 | 72.3 | 119.2 |
| Net income (loss) including noncontrolling interest | 820.7 | 886.6 | 788.9 |
| Less: Net income (loss) attributable to noncontrolling interest | 1.5 | 0.9 | 0.3 |
| Net income (loss) attributable to Teledyne | $819.2 | $885.7 | $788.6 |
| Basic earnings per common share | $17.43 | $18.80 | $16.85 |
| Weighted average common shares outstanding | 47.0 | 47.1 | 46.8 |
| Diluted earnings per common share | $17.21 | $18.49 | $16.53 |
| Weighted average diluted common shares outstanding | 47.6 | 47.9 | 47.7 |
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