Financial Summary (All financials)
In millions, except per share items | Apr-01-23 | Apr-02-22 | Apr-03-21 | Mar-28-20 | Mar-30-19 | Mar-31-18 | Apr-01-17 | Apr-02-16 |
Revenues | 2,142.7 | 1,627.2 | 1,108.1 | 1,061.8 | 962.7 | 871.2 | 773.8 | 712.4 |
Revenue growth | 31.7% | 46.8% | 4.4% | 10.3% | 10.5% | 12.6% | 8.6% | 25.7% |
Cost of goods sold | 1,587.8 | 1,218.4 | 869.1 | 831.3 | 757.0 | 690.6 | 615.8 | 567.9 |
Gross profit | 554.9 | 408.7 | 239.0 | 230.5 | 205.7 | 180.7 | 158.0 | 144.4 |
Gross margin | 25.9% | 25.1% | 21.6% | 21.7% | 21.4% | 20.7% | 20.4% | 20.3% |
Selling, general and administrative | 258.3 | 206.3 | 150.2 | 145.6 | 121.6 | 106.9 | 101.2 | 98.1 |
EBITA | 298.7 | 203.9 | 89.5 | 85.5 | 84.5 | 74.1 | 57.2 | 46.8 |
EBITA margin | 13.9% | 12.5% | 8.1% | 8.1% | 8.8% | 8.5% | 7.4% | 6.6% |
Amortization of intangibles | 2.1 | 1.4 | 0.7 | 0.6 | 0.3 | 0.4 | 0.4 | 0.5 |
EBIT | 296.6 | 202.5 | 88.8 | 84.9 | 84.1 | 73.8 | 56.8 | 46.3 |
EBIT margin | 13.8% | 12.4% | 8.0% | 8.0% | 8.7% | 8.5% | 7.3% | 6.5% |
Pre-tax income | 306.8 | 212.0 | 96.9 | 93.0 | 86.7 | 78.5 | 55.3 | 44.0 |
Income taxes | 65.9 | 14.2 | 20.3 | 17.9 | 18.1 | 17.0 | 17.3 | 15.5 |
Tax rate | 21.5% | 6.7% | 20.9% | 19.3% | 20.8% | 21.7% | 31.3% | 35.2% |
Net income | 240.8 | 197.7 | 76.6 | 75.1 | 68.6 | 61.5 | 38.0 | 28.5 |
Net margin | 11.2% | 12.2% | 6.9% | 7.1% | 7.1% | 7.1% | 4.9% | 4.0% |
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Diluted EPS | $26.99 | $21.34 | $8.25 | $8.10 | $7.40 | $6.68 | $4.17 | $3.15 |
Shares outstanding (diluted) | 8.9 | 9.3 | 9.3 | 9.3 | 9.3 | 9.2 | 9.1 | 9.0 |
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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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