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 | Feb-16-16 |
| Revenues | 1,657.0 | 1,469.7 | 1,286.7 | 1,353.2 | 1,359.1 | 1,289.4 | 1,228.2 | 1,228.2 |
| Revenue growth | 12.7% | 14.2% | -4.9% | -0.4% | 5.4% | 5.0% | 0.2% | |
| Cost of goods sold | 534.7 | 421.0 | 371.1 | 336.9 | 333.7 | 328.3 | 313.1 | 313.1 |
| Gross profit | 1,122.3 | 1,048.7 | 915.6 | 1,016.3 | 1,025.4 | 961.1 | 915.1 | 915.1 |
| Gross margin | 67.7% | 71.4% | 71.2% | 75.1% | 75.4% | 74.5% | 74.5% | 74.5% |
| Sales and marketing | 483.3 | 467.4 | 465.5 | 473.4 | 482.6 | 477.9 | 461.2 | 461.2 |
| Research and development | 331.7 | 336.0 | 280.4 | 272.5 | 261.1 | 231.8 | 235.7 | 235.7 |
| General and administrative | 148.8 | 127.2 | 129.9 | 122.8 | 108.9 | 105.6 | 98.4 | 98.4 |
| EBITA | 225.7 | 178.2 | 407.3 | 238.4 | 207.9 | 179.8 | 154.7 | 119.7 |
| EBITA margin | 13.6% | 12.1% | 31.7% | 17.6% | 15.3% | 13.9% | 12.6% | 9.7% |
| Amortization of intangibles | | 60.0 | 48.0 | 37.0 | 35.0 | 34.0 | 35.0 | |
| EBIT | 225.7 | 118.2 | 359.3 | 201.4 | 172.9 | 145.8 | 119.7 | 119.7 |
| EBIT margin | 13.6% | 8.0% | 27.9% | 14.9% | 12.7% | 11.3% | 9.7% | 9.7% |
| Pre-tax income | 171.9 | 103.6 | 198.8 | 180.5 | 176.5 | 147.4 | 114.6 | 114.6 |
| Income taxes | 32.2 | 14.3 | 55.1 | 18.4 | 21.4 | 95.0 | 31.9 | 31.9 |
| Tax rate | 18.8% | 13.8% | 27.7% | 10.2% | 12.1% | 64.4% | 27.8% | 27.8% |
| Net income | 139.6 | 89.3 | 143.7 | 162.2 | 155.1 | 52.4 | 82.7 | 0.0 |
| Net margin | 8.4% | 6.1% | 11.2% | 12.0% | 11.4% | 4.1% | 6.7% | 0.0% |
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| Diluted EPS | $1.05 | $0.67 | $1.09 | $1.22 | $1.16 | $0.40 | $0.64 | $0.00 |
| Shares outstanding (diluted) | 132.5 | 133.6 | 131.8 | 132.7 | 133.3 | 131.4 | 129.0 | 129.0 |
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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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