Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 1,382.9 | 1,330.1 | 1,310.4 | 1,430.5 | 1,191.6 | 1,171.6 | 1,128.9 | 1,080.4 |
Revenue growth | 4.0% | 1.5% | -8.4% | 20.0% | 1.7% | 3.8% | 4.5% | 1.9% |
Cost of goods sold | 1,057.3 | 890.7 | 888.6 | 922.7 | 966.6 | 0.0 | 841.6 | 793.6 |
Gross profit | 325.6 | 439.4 | 421.8 | 507.8 | 225.0 | 1,171.6 | 287.3 | 286.9 |
Gross margin | 23.5% | 33.0% | 32.2% | 35.5% | 18.9% | 100.0% | 25.5% | 26.6% |
Selling, general and administrative | | | | | | 187.8 | 173.1 | 157.4 |
Sales and marketing | 315.9 | 251.5 | 237.8 | 234.6 | 205.4 | | | |
EBITA | 134.9 | 260.0 | 283.6 | 340.8 | 139.8 | 100.6 | 126.0 | 140.2 |
EBITA margin | 9.8% | 19.5% | 21.6% | 23.8% | 11.7% | 8.6% | 11.2% | 13.0% |
Amortization of intangibles | 16.8 | 13.0 | 14.4 | 8.8 | | | | |
EBIT | 118.1 | 247.0 | 269.2 | 332.0 | 139.8 | 100.6 | 126.0 | 140.2 |
EBIT margin | 8.5% | 18.6% | 20.5% | 23.2% | 11.7% | 8.6% | 11.2% | 13.0% |
Pre-tax income | -11.9 | 174.9 | 159.6 | 236.4 | 19.5 | 88.7 | 114.2 | 129.5 |
Income taxes | -9.3 | 32.1 | 26.3 | 52.0 | 1.2 | -80.8 | 30.5 | 36.0 |
Tax rate | 78.2% | 18.4% | 16.5% | 22.0% | 6.1% | | 26.7% | 27.8% |
Net income | -2.6 | 142.8 | 133.3 | 184.4 | 18.3 | 169.5 | 83.8 | 93.5 |
Net margin | -0.2% | 10.7% | 10.2% | 12.9% | 1.5% | 14.5% | 7.4% | 8.7% |
|
Diluted EPS | ($0.06) | $3.38 | $3.17 | $4.40 | $0.44 | $4.08 | $2.02 | $2.20 |
Shares outstanding (diluted) | 41.8 | 42.2 | 42.0 | 41.9 | 41.9 | 41.6 | 41.5 | 42.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|