Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 245.3 | 307.5 | 334.1 |
Revenue growth | -20.2% | -8.0% | |
Cost of goods sold | -180.5 | -270.4 | -307.9 |
Gross profit | 425.8 | 577.9 | 642.0 |
Gross margin | 173.6% | 187.9% | 192.2% |
General and administrative | 34.7 | 49.1 | 50.4 |
EBIT | -73.4 | -120.4 | -154.8 |
EBIT margin | -29.9% | -39.2% | -46.3% |
Pre-tax income | -183.3 | -301.4 | -287.9 |
Income taxes | 9.7 | 16.2 | 11.2 |
Net income | -193.0 | -317.6 | -297.6 |
Net margin | -78.7% | -103.3% | -89.1% |
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Diluted EPS | ($1.43) | ($4.22) | ($5.54) |
Shares outstanding (diluted) | 134.7 | 75.2 | 53.7 |
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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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