Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-12 | Dec-31-11 |
Revenues | 521.1 | 740.2 | 738.3 | 723.1 | 719.9 | 617.6 | 323.1 | 288.2 |
Revenue growth | -29.6% | 0.3% | 2.1% | 0.4% | 16.6% | | 12.1% | -11.2% |
Cost of goods sold | 13.6 | 21.8 | 23.8 | 17.7 | 28.8 | 22.9 | 39.6 | 40.5 |
Gross profit | 507.5 | 718.4 | 714.5 | 705.4 | 691.1 | 594.8 | 283.5 | 247.7 |
Gross margin | 97.4% | 97.0% | 96.8% | 97.6% | 96.0% | 96.3% | 87.7% | 86.0% |
Selling, general and administrative | 488.7 | 660.1 | 585.6 | 568.4 | 419.9 | 373.8 | 247.3 | 199.2 |
EBIT | 18.8 | 58.3 | 128.9 | 137.0 | 160.5 | 160.0 | -51.5 | -58.6 |
EBIT margin | 3.6% | 7.9% | 17.5% | 18.9% | 22.3% | 25.9% | -15.9% | -20.3% |
Pre-tax income | 18.8 | 58.3 | 128.9 | 137.0 | 129.6 | 124.3 | 83.0 | 56.7 |
Income taxes | 3.2 | 12.1 | 28.5 | -2.3 | 41.6 | 42.3 | 28.7 | 20.7 |
Tax rate | 17.1% | 20.8% | 22.1% | | 32.1% | 34.0% | 34.6% | 36.5% |
Earnings from continuing ops | 8.2 | 34.9 | 88.0 | 126.6 | 77.9 | 70.3 | 46.7 | 73.9 |
Earnings from discontinued ops | | | | | | | -3.5 | -45.6 |
Net income | 8.2 | 34.9 | 88.0 | 126.6 | 77.9 | 70.3 | 43.2 | 28.3 |
Net margin | 1.6% | 4.7% | 11.9% | 17.5% | 10.8% | 11.4% | 13.4% | 9.8% |
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Diluted EPS | $0.11 | $0.47 | $1.18 | $1.77 | $1.10 | $0.99 | $1.48 | $2.30 |
Shares outstanding (diluted) | 72.9 | 74.4 | 74.7 | 71.4 | 71.0 | 71.0 | 31.6 | 32.1 |
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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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