Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 1,279.9 | 1,252.7 | 1,176.5 | 1,179.5 | 1,211.3 | 1,028.8 |
Revenue growth | 2.2% | 6.5% | -0.3% | -2.6% | 17.7% | |
Cost of goods sold | 877.3 | 870.8 | 780.7 | 789.1 | 798.8 | 693.1 |
Gross profit | 402.6 | 381.9 | 395.8 | 390.4 | 412.5 | 335.7 |
Gross margin | 31.5% | 30.5% | 33.6% | 33.1% | 34.1% | 32.6% |
Selling, general and administrative | 245.0 | 252.9 | 251.7 | 261.1 | 266.9 | 223.4 |
EBITA | 133.1 | 119.2 | 143.1 | 107.7 | 129.3 | 101.9 |
EBITA margin | 10.4% | 9.5% | 12.2% | 9.1% | 10.7% | 9.9% |
Amortization of intangibles | 26.5 | 28.7 | 31.3 | 35.9 | 44.2 | 47.6 |
EBIT | 106.6 | 90.5 | 111.8 | 71.8 | 85.1 | 54.3 |
EBIT margin | 8.3% | 7.2% | 9.5% | 6.1% | 7.0% | 5.3% |
Pre-tax income | 61.5 | 18.3 | 44.7 | -18.4 | 7.1 | -15.8 |
Income taxes | 20.0 | 17.2 | 14.2 | 20.4 | 22.0 | 8.9 |
Tax rate | 32.5% | 94.0% | 31.8% | | 309.9% | |
Net income | 41.5 | 1.1 | 30.5 | -38.8 | -14.8 | -24.6 |
Net margin | 3.2% | 0.1% | 2.6% | -3.3% | -1.2% | -2.4% |
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Diluted EPS | $0.58 | $0.02 | $0.43 | ($0.65) | ($0.28) | ($0.55) |
Shares outstanding (diluted) | 71.7 | 71.0 | 70.1 | 59.9 | 52.2 | 44.8 |
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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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