Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-25-21 | Dec-26-20 | Dec-28-19 |
Revenues | 1,486.3 | 1,426.0 | 1,368.3 | 1,214.4 |
Revenue growth | 4.2% | 4.2% | 12.7% | |
Cost of goods sold | 846.6 | 859.6 | 781.8 | 693.9 |
Gross profit | 639.8 | 566.4 | 586.5 | 520.5 |
Gross margin | 43.0% | 39.7% | 42.9% | 42.9% |
Selling, general and administrative | 481.0 | 437.9 | 398.5 | 382.1 |
EBITA | 102.1 | 71.6 | 125.3 | 66.6 |
EBITA margin | 6.9% | 5.0% | 9.2% | 5.5% |
Amortization of intangibles | 62.2 | 61.3 | 59.5 | 58.9 |
EBIT | 39.9 | 10.3 | 65.8 | 7.7 |
EBIT margin | 2.7% | 0.7% | 4.8% | 0.6% |
Pre-tax income | -14.7 | -50.1 | -33.9 | -108.8 |
Income taxes | 1.8 | -11.8 | -9.4 | -23.3 |
Tax rate | | 23.5% | 27.8% | 21.4% |
Net income | -16.4 | -38.3 | -24.5 | -85.5 |
Net margin | -1.1% | -2.7% | -1.8% | -7.0% |
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Diluted EPS | ($0.08) | ($0.28) | ($0.27) | ($0.96) |
Shares outstanding (diluted) | 194.2 | 134.7 | 89.9 | 89.4 |
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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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