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 | 1,185.6 | 927.0 | 871.0 | 965.5 | 878.0 | 807.7 | 798.0 | 769.0 |
Revenue growth | 27.9% | 6.4% | -9.8% | 10.0% | 8.7% | 1.2% | 3.8% | 9.6% |
Cost of goods sold | 26.7 | 661.9 | 624.7 | 669.7 | 608.7 | 541.2 | 524.4 | 488.6 |
Gross profit | 1,159.0 | 265.0 | 246.3 | 295.8 | 269.3 | 266.6 | 273.5 | 280.4 |
Gross margin | 97.8% | 28.6% | 28.3% | 30.6% | 30.7% | 33.0% | 34.3% | 36.5% |
Selling, general and administrative | 209.4 | 177.9 | 170.7 | 203.1 | 181.0 | 175.4 | 160.2 | 157.9 |
EBITA | 109.7 | 74.5 | 64.2 | 83.4 | 79.8 | 86.9 | 116.9 | 135.5 |
EBITA margin | 9.2% | 8.0% | 7.4% | 8.6% | 9.1% | 10.8% | 14.7% | 17.6% |
Amortization of intangibles | | 9.3 | 12.7 | 17.8 | 24.0 | 35.0 | 33.1 | 28.7 |
EBIT | 109.7 | 65.2 | 51.5 | 65.6 | 55.8 | 51.9 | 83.8 | 106.8 |
EBIT margin | 9.2% | 7.0% | 5.9% | 6.8% | 6.4% | 6.4% | 10.5% | 13.9% |
Pre-tax income | 108.6 | 80.0 | -33.9 | 52.5 | 25.2 | -222.5 | 59.2 | 83.6 |
Income taxes | 33.0 | 17.0 | -10.2 | 10.5 | 11.3 | -52.0 | 19.7 | 21.7 |
Tax rate | 30.4% | 21.3% | 30.0% | 20.0% | 44.7% | 23.4% | 33.3% | 25.9% |
Net income | 75.6 | 63.0 | -23.8 | 41.7 | 13.6 | -170.1 | 37.6 | 59.1 |
Net margin | 6.4% | 6.8% | -2.7% | 4.3% | 1.6% | -21.1% | 4.7% | 7.7% |
|
Diluted EPS | $3.64 | $2.89 | ($1.08) | $1.87 | $0.63 | ($7.95) | $1.84 | $2.74 |
Shares outstanding (diluted) | 20.7 | 21.8 | 21.9 | 22.5 | 22.1 | 21.4 | 21.4 | 22.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|