Financial Summary (All financials)
In millions, except per share items | Dec-25-21 | Dec-26-20 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-26-15 | Dec-27-14 |
Revenues | 1,602.3 | 1,557.8 | 1,614.1 | 2,069.7 | 2,255.8 | 2,213.1 | 2,283.8 | 2,606.1 |
Revenue growth | 2.9% | -3.5% | -22.0% | -8.2% | 1.9% | -3.1% | -12.4% | -2.5% |
Cost of goods sold | 534.0 | 504.8 | 544.3 | 692.2 | 744.3 | 714.7 | 744.4 | 884.0 |
Gross profit | 1,068.3 | 1,053.0 | 1,069.8 | 1,377.5 | 1,511.5 | 1,498.4 | 1,539.4 | 1,722.1 |
Gross margin | 66.7% | 67.6% | 66.3% | 66.6% | 67.0% | 67.7% | 67.4% | 66.1% |
Selling, general and administrative | 827.2 | 840.4 | 873.3 | 1,060.5 | 1,159.2 | 1,163.9 | 1,217.6 | 1,346.1 |
EBITA | 107.6 | 212.6 | 196.5 | 381.0 | 378.4 | 396.7 | 358.0 | 393.2 |
EBITA margin | 6.7% | 13.6% | 12.2% | 18.4% | 16.8% | 17.9% | 15.7% | 15.1% |
Amortization of intangibles | | | | 7.9 | 7.9 | 7.6 | 8.8 | 11.8 |
EBIT | 107.6 | 212.6 | 196.5 | 373.1 | 370.5 | 389.1 | 349.2 | 381.4 |
EBIT margin | 6.7% | 13.6% | 12.2% | 18.0% | 16.4% | 17.6% | 15.3% | 14.6% |
Pre-tax income | 198.2 | 206.7 | 147.4 | 276.2 | 185.1 | 301.3 | 259.9 | 298.2 |
Income taxes | 42.6 | 95.8 | 88.9 | 120.3 | 450.5 | 77.7 | 74.1 | 83.8 |
Tax rate | 21.5% | 46.3% | 60.3% | 43.6% | 243.4% | 25.8% | 28.5% | 28.1% |
Net income | 18.6 | 112.2 | 12.4 | 155.9 | -265.4 | 223.6 | 185.8 | 214.4 |
Net margin | 1.2% | 7.2% | 0.8% | 7.5% | -11.8% | 10.1% | 8.1% | 8.2% |
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Diluted EPS | $2.94 | $2.12 | $1.19 | $3.11 | ($5.22) | $4.41 | $3.69 | $4.20 |
Shares outstanding (diluted) | 53.0 | 52.3 | 49.0 | 50.2 | 50.8 | 50.7 | 50.4 | 51.0 |
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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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