Conmed Corp
NYSE:CNMD
Income Statement
Earnings Waterfall
Conmed Corp
Revenue
|
1.2B
USD
|
Cost of Revenue
|
-568.5m
USD
|
Gross Profit
|
676.2m
USD
|
Operating Expenses
|
-554.8m
USD
|
Operating Income
|
121.4m
USD
|
Other Expenses
|
-56.9m
USD
|
Net Income
|
64.5m
USD
|
Income Statement
Conmed Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
763
N/A
|
758
-1%
|
753
-1%
|
749
-1%
|
740
-1%
|
736
-1%
|
729
-1%
|
723
-1%
|
719
-1%
|
722
+0%
|
735
+2%
|
750
+2%
|
764
+2%
|
769
+1%
|
773
+0%
|
778
+1%
|
796
+2%
|
812
+2%
|
828
+2%
|
840
+1%
|
860
+2%
|
876
+2%
|
901
+3%
|
933
+3%
|
955
+2%
|
951
0%
|
870
-8%
|
875
+0%
|
863
-1%
|
881
+2%
|
979
+11%
|
990
+1%
|
1 011
+2%
|
1 020
+1%
|
1 042
+2%
|
1 069
+3%
|
1 046
-2%
|
1 099
+5%
|
1 139
+4%
|
1 169
+3%
|
1 245
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(347)
|
(343)
|
(340)
|
(336)
|
(330)
|
(335)
|
(336)
|
(333)
|
(330)
|
(329)
|
(329)
|
(338)
|
(348)
|
(351)
|
(356)
|
(359)
|
(362)
|
(370)
|
(374)
|
(379)
|
(391)
|
(394)
|
(404)
|
(415)
|
(426)
|
(422)
|
(398)
|
(399)
|
(394)
|
(406)
|
(437)
|
(441)
|
(443)
|
(445)
|
(456)
|
(471)
|
(474)
|
(506)
|
(528)
|
(543)
|
(568)
|
|
Gross Profit |
416
N/A
|
415
0%
|
413
-1%
|
412
0%
|
410
-1%
|
401
-2%
|
393
-2%
|
390
-1%
|
390
0%
|
394
+1%
|
406
+3%
|
412
+2%
|
416
+1%
|
418
+1%
|
416
-1%
|
419
+1%
|
434
+4%
|
443
+2%
|
454
+3%
|
461
+1%
|
469
+2%
|
482
+3%
|
497
+3%
|
518
+4%
|
529
+2%
|
529
0%
|
472
-11%
|
476
+1%
|
468
-2%
|
475
+1%
|
541
+14%
|
548
+1%
|
568
+4%
|
576
+1%
|
586
+2%
|
598
+2%
|
571
-4%
|
593
+4%
|
612
+3%
|
626
+2%
|
676
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(338)
|
(335)
|
(332)
|
(332)
|
(327)
|
(314)
|
(310)
|
(305)
|
(314)
|
(332)
|
(341)
|
(350)
|
(343)
|
(344)
|
(349)
|
(353)
|
(369)
|
(379)
|
(389)
|
(395)
|
(384)
|
(406)
|
(416)
|
(426)
|
(432)
|
(435)
|
(415)
|
(410)
|
(407)
|
(409)
|
(436)
|
(449)
|
(458)
|
(464)
|
(472)
|
(480)
|
(501)
|
(739)
|
(648)
|
(656)
|
(555)
|
|
Selling, General & Administrative |
(309)
|
(304)
|
(300)
|
(297)
|
(300)
|
(283)
|
(279)
|
(278)
|
(287)
|
(292)
|
(298)
|
(304)
|
(290)
|
(292)
|
(297)
|
(300)
|
(315)
|
(325)
|
(333)
|
(332)
|
(309)
|
(334)
|
(338)
|
(350)
|
(354)
|
(356)
|
(340)
|
(336)
|
(332)
|
(335)
|
(358)
|
(370)
|
(381)
|
(386)
|
(395)
|
(400)
|
(420)
|
(440)
|
(456)
|
(471)
|
(297)
|
|
Research & Development |
(26)
|
(27)
|
(27)
|
(27)
|
(28)
|
(27)
|
(28)
|
(28)
|
(27)
|
(29)
|
(30)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(34)
|
(40)
|
(38)
|
(45)
|
(47)
|
(44)
|
(46)
|
(45)
|
(42)
|
(41)
|
(41)
|
(40)
|
(43)
|
(44)
|
(44)
|
(44)
|
(45)
|
(46)
|
(47)
|
(49)
|
(51)
|
(51)
|
(53)
|
|
Depreciation & Amortization |
0
|
(9)
|
(10)
|
(10)
|
0
|
(10)
|
(10)
|
(9)
|
0
|
(11)
|
(13)
|
(15)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(23)
|
(25)
|
(28)
|
(30)
|
(32)
|
(33)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(34)
|
(35)
|
(35)
|
(35)
|
(35)
|
|
Other Operating Expenses |
(2)
|
5
|
5
|
2
|
0
|
7
|
7
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(216)
|
(105)
|
(100)
|
(170)
|
|
Operating Income |
78
N/A
|
80
+3%
|
81
+1%
|
80
-1%
|
82
+3%
|
87
+6%
|
83
-4%
|
85
+2%
|
75
-11%
|
61
-19%
|
65
+6%
|
62
-5%
|
73
+18%
|
75
+2%
|
68
-9%
|
66
-2%
|
65
-2%
|
63
-3%
|
65
+2%
|
66
+2%
|
86
+30%
|
76
-11%
|
81
+7%
|
92
+14%
|
97
+5%
|
94
-3%
|
57
-39%
|
65
+14%
|
62
-6%
|
66
+7%
|
105
+59%
|
100
-5%
|
110
+10%
|
112
+2%
|
115
+2%
|
118
+3%
|
70
-40%
|
(146)
N/A
|
(37)
+75%
|
(30)
+17%
|
121
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(11)
|
(12)
|
(18)
|
(21)
|
(17)
|
(17)
|
(13)
|
(9)
|
(10)
|
(14)
|
(26)
|
(25)
|
(32)
|
(38)
|
(43)
|
(43)
|
(43)
|
(44)
|
(46)
|
(47)
|
(43)
|
(39)
|
(36)
|
(30)
|
(32)
|
(33)
|
(29)
|
(40)
|
(38)
|
(40)
|
(40)
|
|
Non-Reccuring Items |
(22)
|
(22)
|
(23)
|
(28)
|
(30)
|
(41)
|
(40)
|
(30)
|
(24)
|
(19)
|
(26)
|
(25)
|
(33)
|
(38)
|
(30)
|
(30)
|
(24)
|
(7)
|
(4)
|
(3)
|
(9)
|
(14)
|
(17)
|
(19)
|
(21)
|
(12)
|
(15)
|
(15)
|
(14)
|
(11)
|
(5)
|
(3)
|
(2)
|
0
|
(110)
|
(116)
|
(103)
|
0
|
0
|
0
|
(1)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
(9)
|
100
|
100
|
100
|
0
|
|
Pre-Tax Income |
51
N/A
|
52
+3%
|
52
+0%
|
46
-12%
|
47
+2%
|
40
-13%
|
37
-9%
|
49
+34%
|
45
-9%
|
32
-28%
|
25
-22%
|
22
-13%
|
19
-12%
|
16
-18%
|
21
+28%
|
19
-6%
|
29
+49%
|
48
+67%
|
51
+7%
|
49
-5%
|
51
+4%
|
36
-29%
|
31
-14%
|
34
+10%
|
31
-9%
|
37
+17%
|
(3)
N/A
|
5
N/A
|
2
-70%
|
8
+394%
|
57
+620%
|
57
N/A
|
73
+28%
|
81
+10%
|
(29)
N/A
|
(31)
-6%
|
(71)
-130%
|
(86)
-21%
|
25
N/A
|
30
+18%
|
81
+173%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(18)
|
(18)
|
(15)
|
(15)
|
(10)
|
(10)
|
(15)
|
(15)
|
(11)
|
(8)
|
(6)
|
(5)
|
(4)
|
(5)
|
(4)
|
(5)
|
(9)
|
(10)
|
(9)
|
(11)
|
(6)
|
(4)
|
(6)
|
(3)
|
(3)
|
3
|
(5)
|
8
|
6
|
(3)
|
5
|
(11)
|
(13)
|
(85)
|
(52)
|
(10)
|
(8)
|
63
|
28
|
(16)
|
|
Income from Continuing Operations |
36
|
34
|
35
|
31
|
32
|
30
|
27
|
34
|
31
|
22
|
17
|
16
|
15
|
12
|
16
|
16
|
24
|
39
|
41
|
40
|
40
|
30
|
27
|
29
|
29
|
34
|
0
|
0
|
10
|
14
|
54
|
62
|
63
|
68
|
(114)
|
(83)
|
(81)
|
(94)
|
88
|
58
|
64
|
|
Net Income (Common) |
36
N/A
|
34
-5%
|
35
+2%
|
31
-11%
|
32
+4%
|
30
-7%
|
27
-9%
|
34
+25%
|
31
-10%
|
22
-28%
|
17
-21%
|
16
-9%
|
15
-7%
|
12
-16%
|
16
+26%
|
16
-1%
|
56
+258%
|
71
+27%
|
73
+4%
|
72
-2%
|
41
-43%
|
31
-24%
|
28
-10%
|
29
+4%
|
29
-3%
|
34
+17%
|
0
-99%
|
0
-25%
|
10
+3 067%
|
14
+42%
|
54
+301%
|
62
+15%
|
63
+0%
|
68
+8%
|
(114)
N/A
|
(83)
+27%
|
(81)
+3%
|
(94)
-16%
|
88
N/A
|
58
-34%
|
64
+11%
|
|
EPS (Diluted) |
1.27
N/A
|
1.21
-5%
|
1.24
+2%
|
1.11
-10%
|
1.16
+5%
|
1.08
-7%
|
0.98
-9%
|
1.23
+26%
|
1.09
-11%
|
0.79
-28%
|
0.62
-22%
|
0.56
-10%
|
0.52
-7%
|
0.44
-15%
|
0.56
+27%
|
0.56
N/A
|
1.96
+250%
|
2.47
+26%
|
2.54
+3%
|
2.47
-3%
|
1.41
-43%
|
1.07
-24%
|
0.96
-10%
|
0.98
+2%
|
0.97
-1%
|
1.12
+15%
|
0.01
-99%
|
0.01
N/A
|
0.32
+3 100%
|
0.46
+44%
|
1.66
+261%
|
1.93
+16%
|
1.94
+1%
|
2.29
+18%
|
-3.82
N/A
|
-2.65
+31%
|
-2.68
-1%
|
-3.07
-15%
|
2.77
N/A
|
1.82
-34%
|
2.04
+12%
|