Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 525.4 | 497.7 | 451.8 | 368.9 | 327.7 | 312.0 | 291.0 | 261.0 |
| Revenue growth | 5.6% | 10.2% | 22.5% | 12.6% | 5.0% | 7.2% | 11.5% | 13.2% |
| Cost of goods sold | 155.1 | 147.5 | 123.5 | 116.4 | 105.8 | 101.2 | 91.3 | 79.6 |
| Gross profit | 370.4 | 350.2 | 328.3 | 252.5 | 221.9 | 210.8 | 199.7 | 181.4 |
| Gross margin | 70.5% | 70.4% | 72.7% | 68.5% | 67.7% | 67.6% | 68.6% | 69.5% |
| Selling, general and administrative | 9.2 | 8.4 | 9.1 | 10.1 | 10.1 | 13.5 | 12.2 | |
| General and administrative | | | | | | | | 4.3 |
| EBITA | 349.8 | 331.0 | 308.6 | 242.4 | 211.8 | 197.3 | 135.6 | 166.4 |
| EBITA margin | 66.6% | 66.5% | 68.3% | 65.7% | 64.6% | 63.3% | 46.6% | 63.8% |
| Amortization of intangibles | 1.6 | 2.0 | 1.0 | 1.3 | 0.6 | 0.7 | 0.6 | 0.3 |
| EBIT | 348.1 | 329.0 | 307.6 | 241.1 | 211.2 | 196.6 | 135.1 | 166.1 |
| EBIT margin | 66.3% | 66.1% | 68.1% | 65.4% | 64.4% | 63.0% | 46.4% | 63.7% |
| Pre-tax income | 272.0 | 242.4 | 198.0 | 178.2 | 147.2 | 135.9 | 131.8 | 118.6 |
| Income taxes | 44.4 | 40.3 | 33.2 | 27.5 | 26.8 | 31.2 | 31.4 | 29.0 |
| Tax rate | 16.3% | 16.6% | 16.8% | 15.5% | 18.2% | 22.9% | 23.8% | 24.5% |
| Net income | 227.6 | 202.0 | 164.8 | 150.6 | 120.4 | 104.8 | 100.4 | 89.6 |
| Net margin | 43.3% | 40.6% | 36.5% | 40.8% | 36.7% | 33.6% | 34.5% | 34.3% |
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| Diluted EPS | $1.59 | $1.42 | $1.21 | $1.11 | $0.91 | $1.59 | $1.54 | $1.39 |
| Shares outstanding (diluted) | 143.1 | 142.5 | 136.3 | 136.0 | 132.6 | 66.1 | 65.1 | 64.3 |
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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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