Financial Summary (All financials)
| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| Revenues | 694.8 | 703.9 | 642.9 | 583.0 | 905.7 | 1,246.4 | 1,161.9 | 1,371.3 |
| Revenue growth | -1.3% | 9.5% | 10.3% | -35.6% | -27.3% | 7.3% | -15.3% | -13.8% |
| Cost of goods sold | 381.5 | 408.1 | 389.5 | 372.5 | 316.6 | 489.0 | 578.6 | 544.8 |
| Gross profit | 313.3 | 295.8 | 253.4 | 210.5 | 589.0 | 757.4 | 583.3 | 826.4 |
| Gross margin | 45.1% | 42.0% | 39.4% | 36.1% | 65.0% | 60.8% | 50.2% | 60.3% |
| Selling, general and administrative | 125.9 | 118.2 | 113.4 | 104.8 | 89.8 | 143.6 | 136.4 | 124.8 |
| EBITA | 195.8 | 186.6 | 148.5 | 114.0 | 101.8 | 60.5 | -67.1 | 79.1 |
| EBITA margin | 28.2% | 26.5% | 23.1% | 19.6% | 11.2% | 4.9% | -5.8% | 5.8% |
| Amortization of intangibles | 8.5 | 9.0 | 8.6 | 8.3 | 12.1 | 12.3 | 14.8 | 42.7 |
| EBIT | 187.3 | 177.6 | 139.9 | 105.7 | 89.8 | 48.1 | -81.8 | 36.4 |
| EBIT margin | 27.0% | 25.2% | 21.8% | 18.1% | 9.9% | 3.9% | -7.0% | 2.7% |
| Pre-tax income | 154.4 | 124.9 | 73.6 | -173.0 | -87.3 | -152.8 | -294.4 | -550.5 |
| Income taxes | 35.2 | 27.8 | 22.5 | 6.6 | -1.2 | -1.4 | -18.0 | -14.8 |
| Tax rate | 22.8% | 22.3% | 30.6% | | 1.3% | 0.9% | 6.1% | 2.7% |
| Earnings from continuing ops | 119.1 | 97.1 | 102.5 | -179.4 | -85.5 | -147.0 | -272.6 | -525.0 |
| Earnings from discontinued ops | | 60.5 | -1.6 | -0.9 | -29.4 | -80.4 | -5.1 | -10.7 |
| Net income | 119.1 | 157.7 | 100.8 | -180.3 | -114.9 | -227.4 | -277.7 | -535.7 |
| Net margin | 17.1% | 22.4% | 15.7% | -30.9% | -12.7% | -18.2% | -23.9% | -39.1% |
| |
| Diluted EPS | $0.45 | $0.38 | $0.43 | ($1.19) | ($0.58) | ($1.00) | ($2.17) | ($6.83) |
| Shares outstanding (diluted) | 266.2 | 257.7 | 236.4 | 151.0 | 146.9 | 146.5 | 125.7 | 76.9 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|