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 |
Revenues | 250.5 | 244.0 | 514.8 | 648.8 | 0.0 | 294.8 |
Revenue growth | 2.6% | -52.6% | -20.7% | | -100.0% | |
Cost of goods sold | 221.4 | 187.8 | 384.0 | 533.0 | 0.0 | 262.3 |
Gross profit | 29.1 | 56.2 | 130.8 | 115.8 | 0.0 | 32.4 |
Gross margin | 11.6% | 23.0% | 25.4% | 17.8% | | 11.0% |
Selling, general and administrative | 32.6 | 43.6 | 31.9 | 34.5 | | 9.8 |
General and administrative | | | | | 0.9 | |
EBITA | -38.9 | -59.6 | -29.1 | -18.7 | -0.9 | -43.5 |
EBITA margin | -15.5% | -24.4% | -5.6% | -2.9% | | -14.8% |
Amortization of intangibles | | 1.1 | 6.1 | 8.4 | | |
EBIT | -38.9 | -60.7 | -35.1 | -27.1 | -0.9 | -43.5 |
EBIT margin | -15.5% | -24.9% | -6.8% | -4.2% | | -14.8% |
Pre-tax income | -70.7 | -241.2 | -104.1 | -70.5 | 1.5 | -95.4 |
Income taxes | 0.0 | -0.8 | -0.1 | 0.4 | 0.8 | 0.0 |
Tax rate | 0.0% | 0.3% | 0.1% | | 50.0% | 0.0% |
Net income | -70.6 | -252.2 | -97.7 | -65.9 | 0.8 | -95.4 |
Net margin | -28.2% | -103.4% | -19.0% | -10.2% | | -32.4% |
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Diluted EPS | ($2.18) | ($3.89) | ($1.94) | ($1.38) | $0.02 | ($1.99) |
Shares outstanding (diluted) | 32.4 | 64.8 | 50.2 | 47.9 | 34.2 | 47.9 |
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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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