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 | 137.7 | 137.2 | 130.9 | 127.1 | 139.0 | 169.9 | 145.2 | 107.1 |
Revenue growth | 0.4% | 4.8% | 3.0% | -8.5% | -18.2% | 17.0% | 35.6% | 25.0% |
Cost of goods sold | 29.6 | 28.8 | 28.4 | 25.0 | 27.1 | 26.5 | 23.2 | -15.5 |
Gross profit | 108.1 | 108.3 | 102.6 | 102.1 | 111.9 | 143.4 | 122.0 | 122.5 |
Gross margin | 78.5% | 79.0% | 78.3% | 80.3% | 80.5% | 84.4% | 84.0% | 114.4% |
General and administrative | 2.3 | 1.8 | 2.0 | 1.5 | 1.0 | 1.2 | 1.1 | 1.0 |
EBITA | 64.6 | 64.3 | 59.9 | 58.3 | 71.2 | 109.3 | 88.3 | 64.7 |
EBITA margin | 46.9% | 46.9% | 45.8% | 45.8% | 51.2% | 64.4% | 60.8% | 60.4% |
Amortization of intangibles | | | | 5.3 | 7.2 | 7.3 | 0.2 | |
EBIT | 64.6 | 64.3 | 59.9 | 53.0 | 63.9 | 102.1 | 88.1 | 64.7 |
EBIT margin | 46.9% | 46.9% | 45.8% | 41.7% | 46.0% | 60.1% | 60.7% | 60.4% |
Pre-tax income | 53.3 | 34.1 | 3.6 | 3.6 | 17.3 | 66.9 | 60.1 | 0.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
Net income | 41.7 | 22.5 | -7.9 | -4.0 | 9.3 | 34.7 | 32.9 | 50.6 |
Net margin | 30.2% | 16.4% | -6.1% | -3.2% | 6.7% | 20.4% | 22.6% | 47.2% |
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Diluted EPS | $1.14 | $0.63 | ($0.22) | ($0.11) | $0.27 | $1.69 | $1.60 | $1.58 |
Shares outstanding (diluted) | 36.5 | 35.7 | 36.1 | 36.7 | 34.5 | 20.5 | 20.5 | 32.0 |
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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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