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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Service revenues | | | | | | | | 55.2 |
Product revenues | | | | | | | | 329.2 |
Total revenues [+] | 420.2 | 255.6 | 291.7 | 344.1 | 346.4 | 341.6 | 402.7 | 384.3 |
Products | | | | | | | | 329.2 |
Services | | | | | | | | 55.2 |
Revenue growth [+] | 64.4% | -12.4% | -15.2% | -0.7% | 1.4% | -15.2% | 4.8% | -10.4% |
Service revenues | | | | | | | | 13.2% |
Product revenues | | | | | | | | -13.4% |
Cost of goods sold [+] | 307.7 | 215.6 | 185.4 | 211.1 | 213.5 | 255.8 | 255.5 | 258.5 |
Cost of product sales | | | | | | | | 230.6 |
Cost of services | | | | | | | | 27.9 |
Gross profit | 112.4 | 40.0 | 106.4 | 133.0 | 133.0 | 85.8 | 147.1 | 125.8 |
Gross margin | 26.8% | 15.7% | 36.5% | 38.7% | 38.4% | 25.1% | 36.5% | 32.7% |
Selling, general and administrative | 109.5 | 89.9 | 68.5 | 73.4 | 77.2 | 95.7 | 105.5 | 112.2 |
Equity in earnings | -4.8 | -0.4 | -0.2 | -0.1 | -2.7 | -0.1 | 0.0 | -0.8 |
Other operating expenses | | -3.9 | -1.1 | -7.5 | -4.8 | -70.7 | | -0.9 |
EBITDA [+] | -1.9 | -46.4 | 38.7 | 66.9 | 57.8 | 60.6 | 41.6 | 13.7 |
EBITDA growth | -96.0% | -219.8% | -42.1% | 15.7% | -4.7% | 45.7% | 203.3% | 14.8% |
EBITDA margin | -0.4% | -18.2% | 13.3% | 19.4% | 16.7% | 17.7% | 10.3% | 3.6% |
Depreciation | 54.7 | 44.7 | 46.9 | 48.6 | 50.5 | 51.5 | 53.5 | 49.7 |
EBITA | -56.5 | -91.1 | -8.1 | 18.3 | 7.4 | 9.1 | -11.9 | -36.0 |
EBITA margin | -13.5% | -35.6% | -2.8% | 5.3% | 2.1% | 2.7% | -2.9% | -9.4% |
Amortization of intangibles | | 0.5 | 0.8 | 1.0 | 1.4 | 5.1 | 5.8 | 5.5 |
EBIT [+] | -56.5 | -91.6 | -8.9 | 17.3 | 6.0 | 4.0 | -17.7 | -41.5 |
EBIT growth | -38.3% | 924.3% | -151.8% | 190.0% | 48.3% | -122.7% | -57.4% | 11.9% |
EBIT margin | -13.5% | -35.8% | -3.1% | 5.0% | 1.7% | 1.2% | -4.4% | -10.8% |
Non-recurring items [+] | | 3.9 | 1.1 | 7.5 | 4.8 | 138.6 | | 0.9 |
Loss (gain) on sale of business | | 3.9 | 1.1 | 7.5 | 4.8 | 70.7 | | 0.9 |
Interest expense, net [+] | 2.9 | 3.3 | 6.0 | 5.1 | 13.1 | 16.3 | 28.8 | 95.0 |
Interest expense | 6.3 | 4.4 | 7.3 | 7.6 | 15.9 | 17.8 | 29.6 | 95.8 |
Interest income | 3.4 | 1.1 | 1.3 | 2.4 | 2.9 | 1.5 | 0.8 | 0.8 |
Other income (expense), net [+] | 0.1 | 4.8 | 4.8 | 9.4 | 3.1 | 67.5 | 34.0 | 3.6 |
Gain (loss) on sale of assets | | | | | | 3.2 | 34.3 | |
Other | 0.1 | 0.9 | 3.0 | 2.0 | -0.6 | 0.1 | -0.3 | 2.6 |
Pre-tax income | -59.4 | -94.0 | -11.2 | 14.1 | -8.8 | -83.3 | -12.4 | -133.8 |
Income taxes | 0.2 | 0.1 | 0.3 | 0.9 | 0.3 | -1.9 | 1.3 | 1.6 |
Tax rate | | | | 6.1% | | 2.3% | | |
Minority interest | -0.9 | -1.0 | -1.7 | -7.2 | -5.4 | -2.2 | 1.6 | 1.2 |
Net income | -58.7 | -93.1 | -9.9 | 20.4 | -3.8 | -79.2 | -12.2 | -134.2 |
Net margin | -14.0% | -36.4% | -3.4% | 5.9% | -1.1% | -23.2% | -3.0% | -34.9% |
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Basic EPS [+] | ($0.26) | ($0.44) | ($0.05) | $0.10 | ($0.02) | ($0.53) | ($0.10) | ($1.47) |
Growth | -39.6% | 789.1% | -149.2% | -575.8% | -96.0% | 417.5% | -93.1% | 53.1% |
Diluted EPS [+] | ($0.26) | ($0.44) | ($0.05) | $0.10 | ($0.02) | ($0.53) | ($0.10) | ($1.47) |
Growth | -39.6% | 789.1% | -149.6% | -572.6% | -96.0% | 417.5% | -93.1% | 53.1% |
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Shares outstanding (basic) [+] | 222.4 | 213.1 | 200.7 | 204.6 | 180.7 | 150.4 | 119.4 | 91.6 |
Growth | 4.4% | 6.2% | -1.9% | 13.2% | 20.1% | 26.0% | 30.3% | -2.2% |
Shares outstanding (diluted) [+] | 222.4 | 213.1 | 200.7 | 206.0 | 180.7 | 150.4 | 119.4 | 91.6 |
Growth | 4.4% | 6.2% | -2.6% | 14.0% | 20.1% | 26.0% | 30.3% | -2.2% |
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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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