Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 1,094.0 | 1,349.4 | 1,345.2 | 1,507.6 | 1,265.4 | 1,200.3 | 1,054.8 |
Revenue growth | -18.9% | 0.3% | -10.8% | 19.1% | 5.4% | 13.8% | |
Cost of goods sold | 692.7 | 885.0 | 897.8 | 999.1 | 814.1 | 782.9 | 704.0 |
Gross profit | 401.3 | 464.4 | 447.5 | 508.5 | 451.3 | 417.4 | 350.8 |
Gross margin | 36.7% | 34.4% | 33.3% | 33.7% | 35.7% | 34.8% | 33.3% |
Selling, general and administrative | 160.1 | 177.5 | 170.5 | 174.2 | 153.8 | 140.5 | 113.5 |
EBITA | 108.1 | 156.3 | 150.8 | 211.4 | 192.8 | 164.7 | 143.6 |
EBITA margin | 9.9% | 11.6% | 11.2% | 14.0% | 15.2% | 13.7% | 13.6% |
Amortization of intangibles | 31.9 | 49.3 | 52.9 | 57.9 | 36.8 | 38.8 | 35.8 |
EBIT | 76.2 | 107.0 | 97.9 | 153.6 | 156.0 | 125.9 | 107.9 |
EBIT margin | 7.0% | 7.9% | 7.3% | 10.2% | 12.3% | 10.5% | 10.2% |
Pre-tax income | 19.6 | 64.8 | 14.1 | -154.6 | 114.5 | 105.3 | 63.4 |
Income taxes | 0.5 | 16.5 | 10.5 | -9.3 | 26.6 | 39.3 | 28.2 |
Tax rate | 2.3% | 25.5% | 74.1% | 6.0% | 23.2% | 37.4% | 44.5% |
Net income | 19.1 | 48.3 | 3.7 | -145.4 | 88.0 | 67.1 | 37.1 |
Net margin | 1.7% | 3.6% | 0.3% | -9.6% | 7.0% | 5.6% | 3.5% |
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Diluted EPS | $0.42 | $1.05 | $0.08 | ($3.19) | $1.92 | $1.48 | $0.83 |
Shares outstanding (diluted) | 45.4 | 46.0 | 46.4 | 45.6 | 45.8 | 45.4 | 44.9 |
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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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