Danaher 2009 Annual Report Download - page 66

Table of Contents



  
Sales $11,184,938 $12,697,456 $11,025,917
Operating costs and expenses:
Cost of sales 5,904,718 6,757,262 5,985,022
Selling, general and administrative expenses 3,190,211 3,345,274 2,713,097
Research and development expenses 632,651 725,443 601,424
Other income (85,118) — (14,335)
Total operating expenses 9,642,462 10,827,979 9,285,208
Operating profit 1,542,476 1,869,477 1,740,709
Interest expense (122,656) (130,174) (109,702)
Interest income 5,034 10,004 6,092
Earnings from continuing operations before income taxes 1,424,854 1,749,307 1,637,099
Income taxes (273,150) (431,676) (423,101)
Earnings from continuing operations 1,151,704 1,317,631 1,213,998
Earnings from discontinued operations, net of income taxes — — 155,906
Net earnings $1,151,704 $1,317,631 $1,369,904
Earnings per share from continuing operations:
Basic $3.59 $4.13 $3.90
Diluted $3.46 $3.95 $3.72
Earnings per share from discontinued operations:
Basic — — $0.50
Diluted — — $0.47
Net earnings per share:
Basic $3.59 $4.13 $4.40
Diluted $3.46 $3.95 $ 4.19
Average common stock and common equivalent shares outstanding (in thousands):
Basic 320,765 319,361 311,225
Diluted 335,742 335,863 329,459
See the accompanying Notes to the Consolidated Financial Statements.
64
Source: DANAHER CORP /DE/, 10-K, February 24, 2010 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.