|
TELEDYNE TECHNOLOGIES INCORPORATED SUMMARY OF SEGMENT NET SALES AND OPERATING INCOME FOR THE THREE MONTHS ENDED APRIL 2, 2017 AND APRIL 3, 2016 (Unaudited - in millions) |
|||||||||||||||||||||||||
|
First Quarter |
First Quarter |
% Change |
|||||||||||||||||||||||
| 2017 | 2016 | ||||||||||||||||||||||||
| Net sales: | |||||||||||||||||||||||||
| Instrumentation | $ | 232.8 | $ | 223.7 | 4.1 | % | |||||||||||||||||||
| Digital Imaging (a) | 113.8 | 89.9 | 26.6 | % | |||||||||||||||||||||
| Aerospace and Defense Electronics | 151.9 | 152.6 | (0.5 | )% | |||||||||||||||||||||
| Engineered Systems | 67.6 | 64.3 | 5.1 | % | |||||||||||||||||||||
| Total net sales | $ | 566.1 | $ | 530.5 | 6.7 | % | |||||||||||||||||||
| Operating income: | |||||||||||||||||||||||||
| Instrumentation | $ | 30.4 | $ | 31.4 | (3.2 | )% | |||||||||||||||||||
| Digital Imaging | 15.3 | 8.2 | 86.6 | % | |||||||||||||||||||||
| Aerospace and Defense Electronics | 26.2 | 24.1 | 8.7 | % | |||||||||||||||||||||
| Engineered Systems | 8.9 | 8.0 | 11.3 | % | |||||||||||||||||||||
| Corporate expense (a) | (22.7 | ) | (10.8 | ) | 110.2 | % | |||||||||||||||||||
| Operating income | 58.1 | 60.9 | (4.6 | )% | |||||||||||||||||||||
| Interest expense, net (a) | (8.2 | ) | (5.7 | ) | 43.9 | % | |||||||||||||||||||
| Other expense, net (a) | (9.3 | ) | (1.3 | ) | 615.4 | % | |||||||||||||||||||
| Income before income taxes | 40.6 | 53.9 | (24.7 | )% | |||||||||||||||||||||
| Provision for income taxes | 10.1 | 14.9 | (32.2 | )% | |||||||||||||||||||||
| Net income | $ | 30.5 | $ | 39.0 | (21.8 | )% | |||||||||||||||||||
| (a) | The first quarter of 2017 includes pretax charges of $21.2 million related to the acquisition of e2v technologies plc, of which, $2.5 million was recorded in the Digital Imaging segment, $10.4 million was recorded to corporate expense, $2.3 million was recorded to interest expense and $6.0 million was recorded as other expense. |
