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 |
| Revenues | 924.7 | 1,172.3 | 1,124.2 | 908.4 | 660.4 | 591.8 |
| Revenue growth | -21.1% | 4.3% | 23.8% | 37.5% | 11.6% | |
| Cost of goods sold | 734.1 | 738.5 | 693.5 | 457.4 | 302.7 | 248.3 |
| Gross profit | 190.6 | 433.8 | 430.7 | 451.0 | 357.7 | 343.5 |
| Gross margin | 20.6% | 37.0% | 38.3% | 49.6% | 54.2% | 58.0% |
| Sales and marketing | 103.2 | 138.3 | 146.2 | 156.4 | 123.1 | 94.0 |
| Research and development | 197.2 | 190.4 | 201.7 | 172.8 | 138.4 | 131.1 |
| General and administrative | 30.4 | 40.7 | 38.1 | 27.8 | 24.6 | 16.7 |
| EBITA | -139.4 | 65.1 | 45.9 | 95.3 | 72.9 | 103.2 |
| EBITA margin | -15.1% | 5.6% | 4.1% | 10.5% | 11.0% | 17.4% |
| Amortization of intangibles | 0.8 | 0.7 | 1.3 | 1.4 | 1.3 | 1.4 |
| EBIT | -140.2 | 64.4 | 44.7 | 93.9 | 71.6 | 101.8 |
| EBIT margin | -15.2% | 5.5% | 4.0% | 10.3% | 10.8% | 17.2% |
| Pre-tax income | -106.5 | 91.9 | 99.9 | 111.0 | 56.2 | 118.4 |
| Income taxes | 2.3 | 2.7 | 1.2 | 14.4 | 0.0 | 9.4 |
| Tax rate | | 3.0% | 1.2% | 13.0% | 0.0% | 8.0% |
| Net income | -108.2 | 89.1 | 98.8 | 57.8 | 28.0 | -9.4 |
| Net margin | -11.7% | 7.6% | 8.8% | 6.4% | 4.2% | -1.6% |
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| Diluted EPS | ($0.28) | $0.23 | $0.25 | $0.20 | $0.10 | ($0.04) |
| Shares outstanding (diluted) | 385.4 | 395.2 | 395.9 | 287.3 | 270.2 | 230.7 |
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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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