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 | 626.1 | 897.0 | 597.3 | 507.2 | 858.3 | 770.4 | 1,323.0 | 1,542.3 |
| Revenue growth | -30.2% | 50.2% | 17.8% | -40.9% | 11.4% | -41.8% | -14.2% | -18.7% |
| Cost of goods sold | 443.6 | 439.5 | 448.6 | 341.5 | 469.9 | 445.9 | 464.9 | 523.0 |
| Gross profit | 182.5 | 457.5 | 148.7 | 165.7 | 388.4 | 324.5 | 858.1 | 1,019.3 |
| Gross margin | 29.2% | 51.0% | 24.9% | 32.7% | 45.3% | 42.1% | 64.9% | 66.1% |
| Selling, general and administrative | 130.2 | 243.5 | 164.0 | 199.0 | 172.1 | 681.3 | 35.3 | |
| Research and development | 22.5 | 21.3 | 21.4 | 25.9 | 28.3 | 34.5 | 32.0 | 24.1 |
| General and administrative | 128.8 | 241.3 | 160.0 | 194.9 | 165.4 | 667.9 | 19.6 | 11.7 |
| EBIT | 28.1 | 236.0 | 9.5 | -18.1 | 260.3 | -286.3 | 348.7 | 874.6 |
| EBIT margin | 4.5% | 26.3% | 1.6% | -3.6% | 30.3% | -37.2% | 26.4% | 56.7% |
| Pre-tax income | 19.1 | 230.0 | 13.7 | -36.4 | 471.9 | -305.1 | 299.5 | 850.4 |
| Income taxes | 13.7 | 75.3 | 34.1 | 12.5 | 317.6 | 10.9 | 132.2 | 139.0 |
| Tax rate | 71.6% | 32.7% | 248.5% | | 67.3% | | 44.1% | 16.4% |
| Net income | -8.6 | 170.7 | 51.4 | -24.3 | 18.2 | -130.8 | 25.7 | 142.4 |
| Net margin | -1.4% | 19.0% | 8.6% | -4.8% | 2.1% | -17.0% | 1.9% | 9.2% |
| |
| Diluted EPS | ($0.21) | $3.42 | $1.11 | ($1.26) | $0.97 | ($2.72) | $0.14 | $0.80 |
| Shares outstanding (diluted) | 40.8 | 49.9 | 46.3 | 19.3 | 18.7 | 48.0 | 180.9 | 178.2 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|