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In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues | 480.3 | 417.0 | 360.3 | 253.9 | 161.5 | 128.5 | 101.8 | 55.5 |
Revenue growth | 15.2% | 15.8% | 41.9% | 57.2% | 25.7% | 26.2% | 83.5% | 28.4% |
Cost of goods sold | 199.9 | 160.9 | 120.1 | 84.2 | 46.3 | 32.6 | 23.1 | 15.8 |
Gross profit | 280.3 | 256.1 | 240.1 | 169.7 | 115.3 | 95.9 | 78.7 | 39.7 |
Gross margin | 58.4% | 61.4% | 66.7% | 66.8% | 71.3% | 74.6% | 77.3% | 71.6% |
Selling, general and administrative [+] | 181.3 | 144.7 | 126.0 | 95.4 | 65.9 | 52.2 | 39.5 | 25.0 |
Sales and marketing | 84.2 | 65.0 | 54.7 | 38.2 | 26.5 | 21.3 | 17.9 | 12.1 |
General and administrative | 97.1 | 79.7 | 71.3 | 57.2 | 39.4 | 30.9 | 21.6 | 12.9 |
Research and development | 88.2 | 69.3 | 58.5 | 40.5 | 28.2 | 24.7 | 18.1 | 13.0 |
EBITDA [+] | 82.5 | 88.1 | 81.6 | 49.9 | 29.5 | 25.1 | 26.0 | 4.6 |
EBITDA growth | -6.3% | 8.0% | 63.6% | 69.1% | 17.4% | -3.2% | 468.4% | 59.5% |
EBITDA margin | 17.2% | 21.1% | 22.6% | 19.6% | 18.3% | 19.6% | 25.5% | 8.2% |
Depreciation | 50.3 | 36.5 | 20.5 | 10.8 | 5.6 | 4.7 | 3.1 | 2.0 |
EBITA | 32.3 | 51.7 | 61.1 | 39.0 | 23.9 | 20.4 | 22.8 | 2.6 |
EBITA margin | 6.7% | 12.4% | 17.0% | 15.4% | 14.8% | 15.9% | 22.4% | 4.7% |
Amortization of intangibles | 21.4 | 9.5 | 5.5 | 5.2 | 2.8 | 1.4 | 1.6 | 0.9 |
EBIT [+] | 10.9 | 42.1 | 55.6 | 33.9 | 21.1 | 19.0 | 21.2 | 1.7 |
EBIT growth | -74.2% | -24.2% | 64.3% | 60.3% | 11.3% | -10.5% | 1139.9% | 93.5% |
EBIT margin | 2.3% | 10.1% | 15.4% | 13.3% | 13.1% | 14.8% | 20.8% | 3.1% |
Interest income, net [+] | | | | | 0.6 | 0.7 | 0.1 | 0.2 |
Interest expense | | | | | | 0.1 | 0.2 | 0.1 |
Interest income | | | | | 0.6 | 0.7 | 0.1 | 0.2 |
Other income (expense), net [+] | 3.9 | 3.3 | 1.0 | 0.6 | -0.1 | -0.1 | | |
Gain (loss) on investments | | | | | | -0.1 | -0.1 | |
Other | 3.9 | 3.3 | 1.0 | 0.6 | 0.5 | 0.5 | 0.0 | |
Pre-tax income | 14.8 | 45.4 | 56.6 | 34.5 | 21.6 | 19.4 | 21.1 | 1.8 |
Income taxes | -7.8 | -7.5 | 18.8 | 12.2 | 6.8 | 6.1 | 1.7 | -1.8 |
Tax rate | | | 33.3% | 35.4% | 31.4% | 31.5% | 8.0% | |
Net income | 22.6 | 52.9 | 37.8 | 22.3 | 14.8 | 13.3 | 19.5 | 3.6 |
Net margin | 4.7% | 12.7% | 10.5% | 8.8% | 9.2% | 10.4% | 19.1% | 6.5% |
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Basic EPS [+] | $0.66 | $1.55 | $1.21 | $0.76 | $0.53 | $0.50 | $0.83 | $0.23 |
Growth | -57.8% | 28.1% | 58.8% | 43.4% | 6.2% | -39.4% | 257.0% | 4.3% |
Diluted EPS [+] | $0.63 | $1.48 | $1.15 | $0.72 | $0.50 | $0.47 | $0.76 | $0.18 |
Growth | -57.3% | 28.2% | 59.6% | 44.1% | 7.2% | -38.7% | 334.8% | 286.9% |
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Shares outstanding (basic) [+] | 34.4 | 34.1 | 31.2 | 29.2 | 27.9 | 26.6 | 23.5 | 15.6 |
Growth | 1.1% | 9.2% | 6.9% | 4.7% | 4.8% | 13.0% | 50.6% | 346.8% |
Shares outstanding (diluted) [+] | 35.8 | 35.8 | 32.8 | 30.8 | 29.6 | 28.5 | 25.5 | 20.6 |
Growth | -0.1% | 9.2% | 6.3% | 4.2% | 3.8% | 11.6% | 23.7% | 20.4% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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