In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 726.1 | 733.6 | 711.5 | 620.8 | 592.2 | 637.5 | 856.9 | 806.8 |
Revenue growth | -1.0% | 3.1% | 14.6% | 4.8% | -7.1% | -25.6% | 6.2% | 10.3% |
Cost of goods sold | 580.9 | 562.4 | 557.8 | 509.3 | 549.4 | 552.1 | 761.0 | 714.3 |
Gross profit | 145.3 | 171.2 | 153.8 | 111.5 | 42.7 | 85.3 | 95.9 | 92.5 |
Gross margin | 20.0% | 23.3% | 21.6% | 18.0% | 7.2% | 13.4% | 11.2% | 11.5% |
General and administrative | 62.1 | 62.8 | 59.1 | 55.1 | 57.2 | 55.3 | 71.1 | 67.9 |
EBITA | 83.4 | 111.8 | 98.1 | 52.6 | -17.8 | 29.3 | 38.3 | 22.5 |
EBITA margin | 11.5% | 15.2% | 13.8% | 8.5% | -3.0% | 4.6% | 4.5% | 2.8% |
Amortization of intangibles | | | | | | | 6.5 | 1.6 |
EBIT | 83.4 | 111.8 | 98.1 | 52.6 | -17.8 | 29.3 | 31.8 | 21.0 |
EBIT margin | 11.5% | 15.2% | 13.8% | 8.5% | -3.0% | 4.6% | 3.7% | 2.6% |
Pre-tax income | 62.8 | 86.3 | 70.9 | 16.5 | -49.1 | 0.4 | -8.7 | 9.2 |
Income taxes | 13.4 | 20.2 | 15.3 | 5.4 | -33.8 | -0.2 | -2.5 | -11.5 |
Tax rate | 21.3% | 23.4% | 21.5% | 33.0% | 68.7% | | 28.7% | |
Earnings from continuing ops | 49.4 | 66.1 | 55.7 | 11.0 | -15.4 | 0.5 | -6.2 | 31.1 |
Earnings from discontinued ops | | | -6.3 | -17.3 | -15.9 | -8.7 | | -10.4 |
Net income | 49.4 | 66.1 | 49.3 | -6.3 | -31.3 | -8.2 | -6.2 | 20.7 |
Net margin | 6.8% | 9.0% | 6.9% | -1.0% | -5.3% | -1.3% | -0.7% | 2.6% |
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Diluted EPS | $0.75 | $1.00 | $0.86 | $0.17 | ($0.25) | $0.01 | ($0.10) | $0.51 |
Shares outstanding (diluted) | 66.3 | 65.9 | 65.0 | 63.6 | 61.4 | 61.4 | 60.4 | 60.5 |
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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. |