v2.4.0.6
CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2009
Sep. 30, 2008
Sep. 30, 2009
Sep. 30, 2008
Net sales $ 531,032 $ 529,953 $ 1,591,197 $ 1,685,582
Cost of products sold 258,051 249,770 764,276 804,670
Gross profit 272,981 280,183 826,921 880,912
Selling, general and administrative expenses 178,841 180,729 543,207 565,599
Restructuring, impairments and other costs (Note 9) 1,210 18,539 5,905 20,202
Operating income 92,930 80,915 277,809 295,111
Other income and expenses:        
Interest expense 5,456 9,284 16,877 25,437
Interest income (858) (4,669) (4,326) (14,564)
Other expense, net 480 1,030 1,326 4,100
Income before income taxes 87,852 75,270 263,932 280,138
Provision for income taxes 19,999 9,204 65,570 67,219
Net income 67,853 66,066 198,362 212,919
Less: Net gain (loss) attributable to the noncontrolling interests 370 19 (1,062) 45
Net income attributable to DENTSPLY International $ 67,483 $ 66,047 $ 199,424 $ 212,874
Earnings per common share        
-Basic $ 0.45 $ 0.44 $ 1.34 $ 1.43
-Diluted $ 0.45 $ 0.44 $ 1.33 $ 1.40
Cash dividends declared per common share $ 0.050 $ 0.045 $ 0.150 $ 0.135
Weighted average common shares outstanding        
-Basic 148,547 148,775 148,546 149,186
-Diluted 150,638 151,697 150,077 152,137