Financial Summary (All financials)
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 | 1,113.9 | 1,005.3 | 1,264.9 | 1,216.2 | 1,006.8 | 962.1 | 1,247.0 | 1,499.7 |
Revenue growth | 10.8% | -20.5% | 4.0% | 20.8% | 4.6% | -22.9% | -16.8% | 20.8% |
Cost of goods sold | 785.4 | 728.1 | 915.1 | 884.0 | 735.2 | 697.3 | 895.1 | 1,066.8 |
Gross profit | 328.5 | 277.2 | 349.8 | 332.2 | 271.6 | 264.8 | 352.0 | 432.8 |
Gross margin | 29.5% | 27.6% | 27.7% | 27.3% | 27.0% | 27.5% | 28.2% | 28.9% |
Selling, general and administrative | 288.6 | 245.0 | 282.4 | 263.8 | 238.1 | 245.5 | 303.8 | 327.9 |
EBITA | 57.1 | 44.5 | 82.5 | 85.0 | 50.8 | 37.4 | 68.8 | 127.4 |
EBITA margin | 5.1% | 4.4% | 6.5% | 7.0% | 5.0% | 3.9% | 5.5% | 8.5% |
Amortization of intangibles | 17.2 | 12.3 | 15.1 | 16.6 | 17.3 | 18.1 | 20.6 | 22.5 |
EBIT | 39.9 | 32.2 | 67.4 | 68.5 | 33.5 | 19.3 | 48.2 | 104.9 |
EBIT margin | 3.6% | 3.2% | 5.3% | 5.6% | 3.3% | 2.0% | 3.9% | 7.0% |
Pre-tax income | 19.2 | -48.3 | 48.0 | 48.7 | 16.9 | 9.7 | -38.9 | -25.6 |
Income taxes | 3.4 | -18.7 | 11.2 | 13.2 | 0.4 | 2.5 | 0.2 | 19.7 |
Tax rate | 17.9% | 38.7% | 23.3% | 27.1% | 2.1% | 26.1% | | |
Net income | 16.4 | -29.4 | 36.9 | 35.5 | 16.8 | 7.6 | -38.6 | -45.3 |
Net margin | 1.5% | -2.9% | 2.9% | 2.9% | 1.7% | 0.8% | -3.1% | -3.0% |
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Diluted EPS | $0.83 | ($1.65) | $2.00 | $1.93 | $0.92 | $0.48 | ($2.68) | ($3.10) |
Shares outstanding (diluted) | 19.8 | 17.7 | 18.4 | 18.4 | 18.2 | 15.9 | 14.4 | 14.6 |
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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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