TELEDYNE TECHNOLOGIES INCORPORATED SUMMARY OF SEGMENT NET SALES AND OPERATING INCOME FOR THE FOURTH QUARTER AND TWELVE MONTHS ENDED JANUARY 3, 2021 AND DECEMBER 29, 2019 (Unaudited - in millions) |
||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
|
|
Fourth Quarter |
|
Fourth Quarter |
|
% Change |
|
Twelve Months |
|
Twelve Months |
|
% Change |
||||||||||||||
|
|
2020 |
|
|
2019 |
|
|
|
2020 |
|
|
2019 |
|
|
||||||||||||
Net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
Instrumentation |
|
$ |
282.8 |
|
|
|
$ |
301.6 |
|
|
|
(6.2 |
)% |
|
$ |
1,094.5 |
|
|
|
$ |
1,105.1 |
|
|
|
(1.0 |
)% |
| Digital Imaging |
|
262.0 |
|
|
|
268.1 |
|
|
|
(2.3 |
)% |
|
986.0 |
|
|
|
992.9 |
|
|
|
(0.7 |
)% |
||||
| Aerospace and Defense Electronics |
|
145.2 |
|
|
|
170.4 |
|
|
|
(14.8 |
)% |
|
589.4 |
|
|
|
690.1 |
|
|
|
(14.6 |
)% |
||||
| Engineered Systems |
|
119.3 |
|
|
|
94.1 |
|
|
|
26.8 |
% |
|
416.3 |
|
|
|
375.5 |
|
|
|
10.9 |
% |
||||
| Total net sales |
|
$ |
809.3 |
|
|
|
$ |
834.2 |
|
|
|
(3.0 |
)% |
|
$ |
3,086.2 |
|
|
|
$ |
3,163.6 |
|
|
|
(2.4 |
)% |
| Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| Instrumentation |
|
$ |
63.2 |
|
|
|
$ |
59.5 |
|
|
|
6.2 |
% |
|
$ |
213.2 |
|
|
|
$ |
200.4 |
|
|
|
6.4 |
% |
| Digital Imaging |
|
56.7 |
|
|
|
47.1 |
|
|
|
20.4 |
% |
|
192.8 |
|
|
|
176.5 |
|
|
|
9.2 |
% |
||||
| Aerospace and Defense Electronics |
|
23.2 |
|
|
|
32.8 |
|
|
|
(29.3 |
)% |
|
80.8 |
|
|
|
143.4 |
|
|
|
(43.7 |
)% |
||||
| Engineered Systems |
|
15.4 |
|
|
|
10.5 |
|
|
|
46.7 |
% |
|
50.1 |
|
|
|
36.5 |
|
|
|
37.3 |
% |
||||
| Corporate expense |
|
(14.7 |
) |
|
|
(16.1 |
) |
|
|
(8.7 |
)% |
|
(56.8 |
) |
|
|
(65.1 |
) |
|
|
(12.7 |
)% |
||||
| Operating income |
|
143.8 |
|
|
|
133.8 |
|
|
|
7.5 |
% |
|
480.1 |
|
|
|
491.7 |
|
|
|
(2.4 |
)% |
||||
| Interest and debt expense, net |
|
(3.4 |
) |
|
|
(4.7 |
) |
|
|
(27.7 |
)% |
|
(15.3 |
) |
|
|
(21.0 |
) |
|
|
(27.1 |
)% |
||||
| Non-service retirement benefit income |
|
3.2 |
|
|
|
1.9 |
|
|
|
68.4 |
% |
|
12.1 |
|
|
|
8.0 |
|
|
|
51.3 |
% |
||||
| Other expense, net |
|
(2.5 |
) |
|
|
(1.5 |
) |
|
|
66.7 |
% |
|
(7.2 |
) |
|
|
(5.0 |
) |
|
|
44.0 |
% |
||||
| Income before income taxes |
|
141.1 |
|
|
|
129.5 |
|
|
|
9.0 |
% |
|
469.7 |
|
|
|
473.7 |
|
|
|
(0.8 |
)% |
||||
| Provision for income taxes |
|
9.0 |
|
|
|
13.8 |
|
|
|
(34.8 |
)% |
|
67.8 |
|
|
|
71.4 |
|
|
|
(5.0 |
)% |
||||
| Net income |
|
$ |
132.1 |
|
|
|
$ |
115.7 |
|
|
|
14.2 |
% |
|
$ |
401.9 |
|
|
|
$ |
402.3 |
|
|
|
(0.1 |
)% |
Teledyne Technologies Reports Fourth Quarter Results
 |  | More IC News
|
|
(a) Fiscal year 2020 contained 53 weeks and fiscal year 2019 contained 52 weeks. The fourth quarter of 2020 contained 14 weeks and the fourth quarter of 2019 contained 13 weeks.
RELATED NEWS
Latest Blog Posts
Team ShareCG
by Team ShareCG
Change in payment schedule for Vendors !!!