In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K |
Revenues: |
UNITED STATES | 215.4 | 199.8 | 191.4 | 179.7 | 163.7 | 145.5 | 110.7 | |
Other | 194.3 | 174.6 | 135.3 | 101.4 | 89.8 | 69.4 | 49.4 | |
Revenues | 409.7 | 374.4 | 326.8 | 281.1 | 253.5 | 214.9 | 160.2 | 118.2 |
Revenue growth [+] | 9.4% | 14.6% | 16.3% | 10.9% | 18.0% | 34.1% | 35.6% | 38.4% |
UNITED STATES | 7.8% | 4.4% | 6.6% | 9.8% | 12.5% | 31.3% | | |
Cost of goods sold | 152.4 | 136.5 | 126.2 | 105.5 | 96.0 | 82.9 | 67.0 | 52.8 |
Gross profit | 257.3 | 238.0 | 200.6 | 175.6 | 157.5 | 132.0 | 93.1 | 65.4 |
Gross margin | 62.8% | 63.6% | 61.4% | 62.5% | 62.1% | 61.4% | 58.1% | 55.3% |
Selling, general and administrative [+] | 244.0 | 209.1 | 180.5 | 162.6 | 126.7 | 101.8 | 109.1 | 74.6 |
Sales and marketing | 143.0 | 128.5 | 114.7 | 107.3 | 89.5 | 65.7 | 72.9 | 50.3 |
General and administrative [+] | 101.0 | 80.6 | 65.7 | 55.4 | 37.2 | 36.1 | 36.2 | 24.2 |
General and administrative expenses | 75.4 | 64.2 | 52.2 | 47.4 | 37.2 | 36.1 | 36.2 | 24.2 |
Professional fees | 25.7 | 16.5 | 13.5 | 8.0 | | | | |
Other operating expenses | 5.1 | -5.5 | 2.2 | -9.2 | -28.9 | -12.3 | | 11.3 |
EBITDA [+] | 10.6 | 36.7 | 19.7 | 24.0 | 61.5 | 44.4 | -14.2 | -19.0 |
EBITDA growth | -71.1% | 86.4% | -18.1% | -60.9% | 38.4% | -412.0% | -25.2% | -18.6% |
EBITDA margin | 2.6% | 9.8% | 6.0% | 8.6% | 24.3% | 20.7% | -8.9% | -16.1% |
Depreciation and amortization | 2.5 | 2.4 | 1.8 | 1.9 | 1.8 | 2.0 | 1.8 | 1.5 |
EBIT [+] | 8.1 | 34.3 | 17.9 | 22.1 | 59.7 | 42.4 | -16.0 | -20.5 |
EBIT growth | -76.4% | 91.8% | -19.2% | -62.9% | 40.5% | -365.0% | -21.8% | -19.0% |
EBIT margin | 2.0% | 9.2% | 5.5% | 7.9% | 23.5% | 19.8% | -10.0% | -17.3% |
Non-recurring items [+] | | 7.5 | | | 30.1 | 17.2 | -29.9 | 21.4 |
Legal settlement | | 7.5 | | | 30.1 | 17.2 | -29.9 | 21.4 |
Interest expense, net [+] | 4.3 | 1.6 | 0.1 | 0.4 | 32.5 | 43.4 | 13.4 | 0.8 |
Interest expense | 4.3 | 1.6 | 0.1 | 0.4 | 32.5 | 43.4 | 13.4 | 0.8 |
Interest income | | | | | | | | 0.0 |
Other income (expense), net [+] | 0.0 | -5.8 | -1.7 | 2.4 | -59.0 | -30.6 | -12.0 | -1.1 |
Amortization of financing costs and debt discount | | | | | | | -6.4 | |
Change in fair value of warrants | | -4.2 | -1.4 | 3.9 | | -16.4 | 1.6 | |
Other | 0.0 | -1.6 | -0.3 | -1.5 | -2.2 | 0.3 | -1.8 | -1.1 |
Pre-tax income | 3.8 | 19.4 | 16.2 | 24.1 | -62.0 | -48.7 | -11.4 | -43.8 |
Income taxes | 6.3 | -55.8 | 4.6 | 2.7 | 2.0 | 1.3 | 1.5 | 1.5 |
Tax rate | 165.2% | | 28.3% | 11.3% | | | | |
Earnings from continuing ops | 0.0 | 45.2 | -15.2 | -4.0 | -74.6 | -50.0 | -22.9 | -45.3 |
Earnings from discontinued ops | -2.5 | | | | | | | |
Net income | -2.5 | 45.2 | -15.2 | -4.0 | -74.6 | -50.0 | -22.9 | -45.3 |
Net margin | -0.6% | 12.1% | -4.7% | -1.4% | -29.4% | -23.3% | -14.3% | -38.3% |
|
Basic EPS [+] | $0.00 | $0.54 | ($0.21) | ($0.06) | ($1.22) | ($1.55) | ($0.95) | ($1.87) |
Growth | -100.0% | -350.8% | 249.9% | -95.0% | -21.7% | 64.2% | -49.4% | 47.6% |
Diluted EPS [+] | $0.00 | $0.51 | ($0.21) | ($0.06) | ($1.22) | ($1.55) | ($0.95) | ($1.87) |
Growth | -100.0% | -337.7% | 249.9% | -95.0% | -21.7% | 64.2% | -49.4% | 47.6% |
|
Dividends per share [+] | | $0.03 | | | | | | |
Growth | -100.0% | | | | | | | |
|
Shares outstanding (basic) [+] | 87.7 | 84.3 | 71.2 | 66.1 | 61.4 | 32.2 | 24.3 | 24.2 |
Growth | 4.0% | 18.4% | 7.8% | 7.6% | 90.5% | 32.8% | 0.2% | -76.0% |
Shares outstanding (diluted) [+] | 87.7 | 89.0 | 71.2 | 66.1 | 61.4 | 32.2 | 24.3 | 24.2 |
Growth | -1.5% | 24.9% | 7.8% | 7.6% | 90.5% | 32.8% | 0.2% | -76.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |