Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| 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: |
| Power | | | | | | | | 1,235.0 |
| Other | | | | | | | | 522.3 |
| Total revenues | 889.8 | 723.4 | 566.3 | 859.1 | 1,062.4 | 1,341.4 | 1,420.9 | 1,757.3 |
| Revenue growth [+] | 23.0% | 27.7% | -34.1% | -19.1% | -20.8% | -5.6% | -19.1% | 18.3% |
| Power | | | | | | | | 6.8% |
| Cost of goods sold | 704.2 | 543.8 | 400.5 | 698.9 | 1,192.0 | 1,317.2 | 1,282.7 | 1,449.1 |
| Gross profit | 185.6 | 179.5 | 165.9 | 160.3 | -129.6 | 24.2 | 138.3 | 308.2 |
| Gross margin | 20.9% | 24.8% | 29.3% | 18.7% | -12.2% | 1.8% | 9.7% | 17.5% |
| Selling, general and administrative | 178.5 | 154.9 | 141.7 | 151.1 | 204.7 | 221.1 | 217.1 | 240.0 |
| Research and development | 3.8 | 1.6 | 4.4 | 2.9 | 3.8 | 7.6 | 8.8 | 16.5 |
| Equity in earnings | | | | | -11.6 | -9.9 | 16.4 | -0.2 |
| Other operating expenses | 0.3 | 2.2 | 21.5 | 35.7 | 47.0 | 24.9 | 22.4 | 0.3 |
| EBITDA [+] | 27.0 | 39.2 | 15.1 | -5.8 | -353.1 | -189.3 | -70.5 | 86.3 |
| EBITDA growth | -31.0% | 159.9% | -360.8% | -98.4% | 86.5% | 168.7% | -181.6% | 489.6% |
| EBITDA margin | 3.0% | 5.4% | 2.7% | -0.7% | -33.2% | -14.1% | -5.0% | 4.9% |
| Depreciation | 14.8 | 13.2 | 16.8 | 23.6 | 32.0 | 39.7 | 39.0 | 34.9 |
| EBITA | 12.2 | 25.9 | -1.7 | -29.4 | -385.1 | -229.0 | -109.4 | 51.4 |
| EBITA margin | 1.4% | 3.6% | -0.3% | -3.4% | -36.3% | -17.1% | -7.7% | 2.9% |
| Amortization of intangibles | 9.2 | 5.1 | | | | 0.4 | 0.6 | |
| EBIT [+] | 3.0 | 20.8 | -1.7 | -29.4 | -385.1 | -229.4 | -110.0 | 51.4 |
| EBIT growth | -85.4% | -1298.0% | -94.1% | -92.4% | 67.8% | 108.5% | -314.1% | -388.9% |
| EBIT margin | 0.3% | 2.9% | -0.3% | -3.4% | -36.3% | -17.1% | -7.7% | 2.9% |
| Non-recurring items [+] | 7.2 | | 0.0 | | 41.5 | 86.9 | 0.0 | 29.5 |
| Asset impairment | 7.2 | | | | 40.0 | 86.9 | | |
| Loss (gain) on sale of assets | -8.8 | -15.7 | -3.3 | -3.9 | 1.4 | 0.0 | 0.0 | 14.6 |
| Interest expense, net [+] | 44.3 | 38.9 | 59.2 | 94.0 | 49.4 | 25.4 | 2.9 | -0.6 |
| Interest expense | 45.0 | 39.4 | 59.8 | 94.9 | 49.6 | 25.9 | 3.7 | 2.3 |
| Interest income | 0.6 | 0.5 | 0.6 | 0.9 | 0.2 | 0.5 | 0.8 | 0.6 |
| Other income (expense), net [+] | 33.0 | 47.4 | 57.0 | -1.1 | -79.8 | 24.2 | -6.7 | 0.1 |
| Gain (loss) on sale of assets | | | | | 6.5 | | | |
| Gain (loss) on sale of business | | -1.8 | -0.1 | -3.6 | 39.8 | | | |
| Gain (loss) on debt retirement | | 6.5 | -6.2 | -4.0 | -49.2 | | | |
| Gain (loss) on foreign currency transactions | -0.6 | -4.3 | 58.8 | -16.6 | -28.5 | -4.8 | -1.9 | |
| Other | -3.9 | -1.3 | -1.1 | 0.3 | 0.3 | -0.7 | -0.6 | 0.1 |
| Pre-tax income | -15.5 | 29.3 | -3.9 | -124.4 | -555.8 | -317.6 | -119.6 | 20.2 |
| Income taxes | 11.1 | -2.2 | 8.2 | 5.3 | 102.2 | 63.7 | 2.7 | 3.7 |
| Tax rate | | | | | | | | 18.2% |
| Minority interest | -3.7 | 0.6 | 0.0 | -7.1 | 0.4 | 0.8 | 0.6 | 0.2 |
| Earnings from continuing ops | -37.7 | 21.8 | -12.1 | -122.7 | -658.5 | -763.3 | -245.2 | 19.1 |
| Earnings from discontinued ops | | | 1.8 | 0.7 | -66.8 | 2.2 | 7.3 | |
| Net income | -37.7 | 21.8 | -10.3 | -122.0 | -725.3 | -761.1 | -238.0 | 19.1 |
| Net margin | -4.2% | 3.0% | -1.8% | -14.2% | -68.3% | -56.7% | -16.7% | 1.1% |
| |
| Basic EPS [+] | ($0.43) | $0.26 | ($0.25) | ($3.89) | ($47.61) | ($16.26) | ($4.89) | $0.36 |
| Growth | -261.8% | -206.2% | -93.6% | -91.8% | 192.8% | 232.4% | -1467.0% | -258.4% |
| Diluted EPS [+] | ($0.43) | $0.26 | ($0.25) | ($3.89) | ($47.61) | ($16.26) | ($4.89) | $0.36 |
| Growth | -264.1% | -204.7% | -93.6% | -91.8% | 192.8% | 232.4% | -1472.7% | -257.7% |
| |
| Shares outstanding (basic) [+] | 88.3 | 82.4 | 48.7 | 31.5 | 13.8 | 46.9 | 50.1 | 53.5 |
| Growth | 7.1% | 69.1% | 54.6% | 127.9% | -70.5% | -6.4% | -6.3% | -1.4% |
| Shares outstanding (diluted) [+] | 88.3 | 83.6 | 48.7 | 31.5 | 13.8 | 46.9 | 50.1 | 53.7 |
| Growth | 5.6% | 71.6% | 54.6% | 127.9% | -70.5% | -6.4% | -6.7% | -1.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|