In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K |
Revenues: |
Americas - U.S. | 436.2 | 410.6 | 316.2 | 218.6 |
EMEA | 197.5 | 144.1 | 110.2 | 105.2 |
Rest of Americas | 64.5 | 51.7 | 29.9 | 10.1 |
APAC | 32.3 | 25.2 | 11.5 | |
Total revenues | 730.4 | 631.6 | 467.8 | 334.0 |
Revenue growth [+] | 15.6% | 35.0% | 40.1% | |
Americas - U.S. | 6.2% | 29.9% | 44.6% | |
EMEA | 37.0% | 30.8% | 4.8% | |
Rest of Americas | 24.9% | 72.8% | 195.8% | |
APAC | 27.8% | 119.9% | | |
Cost of goods sold | 266.8 | 200.8 | 162.6 | 125.0 |
Gross profit | 463.6 | 430.8 | 305.2 | 209.0 |
Gross margin | 63.5% | 68.2% | 65.2% | 62.6% |
Selling, general and administrative [+] | 283.2 | 281.5 | 228.3 | 160.1 |
Sales and marketing | 116.1 | 114.8 | 92.6 | 71.6 |
General and administrative | 167.1 | 166.8 | 135.7 | 88.4 |
Research and development | 30.0 | 22.1 | 19.4 | 16.6 |
Other operating expenses | 80.8 | 89.2 | 77.1 | 59.9 |
EBITDA [+] | 203.4 | 177.5 | 107.3 | 76.4 |
EBITDA growth | 14.6% | 65.4% | 40.5% | |
EBITDA margin | 27.9% | 28.1% | 22.9% | 22.9% |
Depreciation and amortization | 53.0 | 50.3 | 49.9 | 44.1 |
EBITA | 150.4 | 127.2 | 57.4 | 32.3 |
EBITA margin | 20.6% | 20.1% | 12.3% | 9.7% |
Amortization of intangibles | 80.8 | 89.2 | 77.1 | 59.9 |
EBIT [+] | 69.6 | 38.0 | -19.6 | -27.6 |
EBIT growth | 83.1% | -293.6% | -28.9% | |
EBIT margin | 9.5% | 6.0% | -4.2% | -8.3% |
Interest expense, net [+] | 78.0 | 116.5 | 118.0 | 55.6 |
Interest expense | 78.0 | 116.5 | 118.0 | 61.4 |
Interest income | | | | 5.8 |
Other income (expense), net [+] | 3.7 | -55.2 | -16.5 | -10.9 |
Gain (loss) on debt retirement | -9.4 | -51.9 | -23.6 | |
Gain (loss) on foreign currency transactions | 13.3 | -5.5 | 6.3 | -10.9 |
Pre-tax income | -4.6 | -133.6 | -154.1 | -94.2 |
Income taxes | 19.7 | -10.6 | -55.7 | -3.6 |
Tax rate | | 7.9% | 36.1% | 3.8% |
Net income | -24.4 | -123.0 | -98.4 | -90.5 |
Net margin | -3.3% | -19.5% | -21.0% | -27.1% |
|
Basic EPS [+] | ($0.19) | ($1.63) | ($3.47) | ($3.23) |
Growth | -88.4% | -53.1% | 7.4% | |
Diluted EPS [+] | ($0.19) | ($1.63) | ($3.47) | ($3.23) |
Growth | -88.4% | -53.1% | 7.4% | |
|
Shares outstanding (basic) [+] | 128.8 | 75.7 | 28.4 | 28.0 |
Growth | 70.2% | 166.8% | 1.2% | |
Shares outstanding (diluted) [+] | 128.8 | 75.7 | 28.4 | 28.0 |
Growth | 70.2% | 166.8% | 1.2% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |