In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| 8-K | 10-K/A | 10-K/A | 10-K | 10-K | 10-K |
Revenues | 250.5 | 244.0 | 514.8 | 648.8 | 0.0 | 294.8 |
Revenue growth | 2.6% | -52.6% | -20.7% | | -100.0% | |
Cost of goods sold | 221.4 | 187.8 | 384.0 | 533.0 | 0.0 | 262.3 |
Gross profit | 29.1 | 56.2 | 130.8 | 115.8 | 0.0 | 32.4 |
Gross margin | 11.6% | 23.0% | 25.4% | 17.8% | | 11.0% |
Selling, general and administrative [+] | 32.6 | 43.6 | 31.9 | 34.5 | 0.9 | 9.8 |
General and administrative | | | | | 0.9 | |
Other operating expenses | | -7.1 | -20.1 | | | |
EBITDA [+] | -3.5 | 19.7 | 119.0 | 81.3 | | 22.6 |
EBITDA growth | -117.7% | -83.5% | 46.3% | -9390.1% | -103.9% | |
EBITDA margin | -1.4% | 8.1% | 23.1% | 12.5% | | 7.7% |
Depreciation | 35.4 | 79.3 | 148.1 | 100.0 | | 66.1 |
EBITA | -38.9 | -59.6 | -29.1 | -18.7 | -0.9 | -43.5 |
EBITA margin | -15.5% | -24.4% | -5.6% | -2.9% | | -14.8% |
Amortization of intangibles | | 1.1 | 6.1 | 8.4 | | |
EBIT [+] | -38.9 | -60.7 | -35.1 | -27.1 | -0.9 | -43.5 |
EBIT growth | -35.8% | 72.6% | 29.6% | 2998.4% | -98.0% | |
EBIT margin | -15.5% | -24.9% | -6.8% | -4.2% | | -14.8% |
Non-recurring items [+] | 13.1 | 161.8 | 40.1 | 10.8 | | 6.6 |
Asset impairment | | 147.5 | | | | |
Loss (gain) on sale of assets | -21.9 | 7.1 | 20.1 | 10.8 | | 6.6 |
Legal settlement | 35.0 | | | | | |
Interest expense, net [+] | 33.4 | 25.2 | 30.1 | 32.6 | -2.4 | 45.4 |
Interest expense | 33.4 | 25.2 | 30.1 | 32.6 | | 45.4 |
Interest income | | | | | 2.4 | |
Other income (expense), net [+] | 14.7 | 6.5 | 1.3 | 0.1 | | 0.0 |
Gain (loss) on debt retirement | | | -12.6 | -0.2 | | |
Change in fair value of warrants | | 6.3 | 12.1 | | | |
Other | 0.5 | 0.1 | 1.8 | 0.3 | | 0.0 |
Pre-tax income | -70.7 | -241.2 | -104.1 | -70.5 | 1.5 | -95.4 |
Income taxes | 0.0 | -0.8 | -0.1 | 0.4 | 0.8 | 0.0 |
Tax rate | 0.0% | 0.3% | 0.1% | | 50.0% | 0.0% |
Minority interest | 0.0 | -11.0 | -22.2 | -4.9 | | |
Net income | -70.6 | -252.2 | -97.7 | -65.9 | 0.8 | -95.4 |
Net margin | -28.2% | -103.4% | -19.0% | -10.2% | | -32.4% |
|
Basic EPS [+] | ($2.18) | ($3.89) | ($1.94) | ($1.38) | $0.08 | ($1.99) |
Growth | -44.0% | 100.3% | 41.3% | -1795.7% | -104.1% | |
Diluted EPS [+] | ($2.18) | ($3.89) | ($1.94) | ($1.38) | $0.02 | ($1.99) |
Growth | -44.0% | 100.3% | 41.3% | -6315.2% | -101.1% | |
|
Shares outstanding (basic) [+] | 32.4 | 64.8 | 50.2 | 47.9 | 9.3 | 47.9 |
Growth | -50.0% | 29.0% | 4.9% | 413.0% | -80.5% | |
Shares outstanding (diluted) [+] | 32.4 | 64.8 | 50.2 | 47.9 | 34.2 | 47.9 |
Growth | -50.0% | 29.0% | 4.9% | 40.0% | -28.6% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |