Financial Summary (All financials)
| 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 |
| Revenues | 1,492.0 | 902.0 | 604.0 | 1,560.0 | 1,615.0 | 1,556.0 | 1,480.0 | 1,492.0 |
| Revenue growth | 65.4% | 49.3% | -61.3% | -3.4% | 3.8% | 5.1% | -0.8% | 19.7% |
| Cost of goods sold | 116.0 | 352.0 | 356.0 | 407.0 | 81.0 | 72.0 | 71.0 | 58.0 |
| Gross profit | 1,376.0 | 550.0 | 248.0 | 1,153.0 | 1,534.0 | 1,484.0 | 1,409.0 | 1,434.0 |
| Gross margin | 92.2% | 61.0% | 41.1% | 73.9% | 95.0% | 95.4% | 95.2% | 96.1% |
| Sales and marketing | 784.0 | 469.0 | 316.0 | 672.0 | 778.0 | 849.0 | 756.0 | 692.0 |
| Research and development | 222.0 | | | | | | | |
| General and administrative | 172.0 | 212.0 | 220.0 | 293.0 | 452.0 | 400.0 | 386.0 | 417.0 |
| EBITA | 101.0 | -146.0 | -291.0 | 225.0 | 222.0 | 156.0 | 198.0 | 268.0 |
| EBITA margin | 6.8% | -16.2% | -48.2% | 14.4% | 13.7% | 10.0% | 13.4% | 18.0% |
| Amortization of intangibles | | 20.0 | 26.0 | 33.0 | 34.0 | 32.0 | 32.0 | 36.0 |
| EBIT | 101.0 | -166.0 | -317.0 | 192.0 | 188.0 | 124.0 | 166.0 | 232.0 |
| EBIT margin | 6.8% | -18.4% | -52.5% | 12.3% | 11.6% | 8.0% | 11.2% | 15.5% |
| Pre-tax income | 67.0 | -185.0 | -369.0 | 194.0 | 173.0 | 110.0 | 151.0 | 239.0 |
| Income taxes | 47.0 | -37.0 | -80.0 | 68.0 | 60.0 | 129.0 | 31.0 | 41.0 |
| Tax rate | 70.1% | 20.0% | 21.7% | 35.1% | 34.7% | 117.3% | 20.5% | 17.2% |
| Net income | 0.0 | -148.0 | -289.0 | 126.0 | 113.0 | -19.0 | 120.0 | 198.0 |
| Net margin | 0.0% | -16.4% | -47.8% | 8.1% | 7.0% | -1.2% | 8.1% | 13.3% |
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| Diluted EPS | $0.00 | ($1.08) | ($2.14) | $0.90 | $0.80 | ($0.14) | $0.82 | $1.36 |
| Shares outstanding (diluted) | 146.0 | 137.2 | 134.9 | 140.7 | 140.4 | 140.4 | 146.9 | 146.0 |
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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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