Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 |
Revenues | 998.6 | 1,186.5 | 1,134.6 | 1,060.9 | 1,189.2 | 1,047.3 | 1,006.1 | 918.5 |
Revenue growth | -15.8% | 4.6% | 7.0% | -10.8% | 13.6% | 4.1% | 9.5% | 16.2% |
Cost of goods sold | 193.9 | 217.9 | 209.1 | 187.5 | 200.7 | 179.4 | 180.2 | 159.7 |
Gross profit | 804.7 | 968.6 | 925.5 | 873.4 | 988.5 | 867.9 | 825.9 | 758.8 |
Gross margin | 80.6% | 81.6% | 81.6% | 82.3% | 83.1% | 82.9% | 82.1% | 82.6% |
Selling, general and administrative | 697.1 | 798.4 | 749.0 | 727.2 | 800.2 | 735.4 | 687.3 | 617.2 |
Sales and marketing | 434.8 | 519.3 | 487.9 | 459.5 | 525.1 | | 453.1 | 408.2 |
Research and development | | | | | | | | |
EBITA | 109.3 | 171.4 | 177.8 | 147.6 | 189.9 | 138.3 | 140.1 | 142.6 |
EBITA margin | 10.9% | 14.4% | 15.7% | 13.9% | 16.0% | 13.2% | 13.9% | 15.5% |
Amortization of intangibles | 1.7 | 1.2 | 1.3 | 1.4 | 1.5 | 1.5 | 1.5 | 0.9 |
EBIT | 107.6 | 170.2 | 176.5 | 146.2 | 188.4 | 136.8 | 138.6 | 141.7 |
EBIT margin | 10.8% | 14.3% | 15.6% | 13.8% | 15.8% | 13.1% | 13.8% | 15.4% |
Pre-tax income | 108.6 | 170.6 | 177.9 | 150.5 | 191.5 | 134.6 | 138.6 | 142.6 |
Income taxes | 39.3 | 54.1 | 53.3 | 50.0 | 65.3 | 72.1 | 38.5 | 47.9 |
Tax rate | 36.2% | 31.7% | 29.9% | 33.2% | 34.1% | 53.6% | 27.8% | 33.6% |
Net income | 69.4 | 116.5 | 124.7 | 100.5 | 126.2 | 62.5 | 100.0 | 94.7 |
Net margin | 6.9% | 9.8% | 11.0% | 9.5% | 10.6% | 6.0% | 9.9% | 10.3% |
|
Diluted EPS | $3.59 | $5.73 | $5.86 | $4.41 | $5.12 | $2.53 | $3.99 | $3.59 |
Shares outstanding (diluted) | 19.3 | 20.3 | 21.3 | 22.8 | 24.6 | 24.7 | 25.0 | 26.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|