Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-15 | Dec-31-14 |
Revenues | 1,546.8 | 1,136.4 | 1,476.4 | 1,578.2 | 1,578.2 | 1,328.3 | 0.0 | 0.0 |
Revenue growth | 36.1% | -23.0% | -6.5% | 18.8% | | | -15.7% | -1.6% |
Cost of goods sold | 1,160.2 | 844.1 | 1,086.7 | 1,148.2 | 1,148.2 | 950.7 | 0.0 | 0.0 |
Gross profit | 386.6 | 292.3 | 389.7 | 430.0 | 430.0 | 377.6 | 0.0 | 0.0 |
Gross margin | 25.0% | 25.7% | 26.4% | 27.2% | 27.2% | 28.4% | 28.8% | 22.8% |
Selling, general and administrative | 210.4 | 176.1 | 206.9 | 231.9 | 231.9 | 207.5 | | |
Sales and marketing | | | | | | | 0.0 | 0.0 |
Research and development | 22.0 | 20.2 | 19.9 | 20.3 | 20.3 | 18.2 | 0.0 | 0.0 |
General and administrative | | | | | | | 0.0 | 0.0 |
EBITA | 237.0 | 83.1 | 160.7 | 232.5 | 212.5 | 166.3 | 0.0 | 0.0 |
EBITA margin | 15.3% | 7.3% | 10.9% | 14.7% | 13.5% | 12.5% | 9.7% | 7.2% |
Amortization of intangibles | 7.8 | 8.2 | 12.9 | 20.0 | | 21.4 | | |
EBIT | 229.2 | 74.9 | 147.8 | 212.5 | 212.5 | 144.9 | 0.0 | 0.0 |
EBIT margin | 14.8% | 6.6% | 10.0% | 13.5% | 13.5% | 10.9% | 9.7% | 7.2% |
Pre-tax income | 186.4 | 26.3 | 120.2 | 168.3 | 168.3 | 84.6 | 0.0 | 0.0 |
Income taxes | 51.7 | 8.1 | 33.3 | 46.9 | 46.9 | 19.7 | 0.0 | 0.0 |
Tax rate | 27.7% | 30.8% | 27.7% | 27.9% | 27.9% | 23.3% | | |
Net income | 134.7 | 18.2 | 86.9 | 121.3 | 121.3 | 64.9 | 0.0 | 0.0 |
Net margin | 8.7% | 1.6% | 5.9% | 7.7% | 7.7% | 4.9% | 0.0% | 0.0% |
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Diluted EPS | $2.21 | $0.30 | $1.42 | $1.99 | $59,465.69 | $1.07 | | |
Shares outstanding (diluted) | 61.0 | 61.4 | 61.3 | 61.0 | 0.0 | 60.7 | | |
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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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