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 | 872.5 | 850.7 | 928.0 | 972.3 | 966.5 | 1,047.5 | 1,142.3 | 1,270.2 |
Revenue growth | 2.6% | -8.3% | -4.6% | 0.6% | -7.7% | -8.3% | -10.1% | -4.8% |
Cost of goods sold | 633.4 | 605.4 | 665.9 | 704.7 | 697.2 | 763.8 | 829.5 | 922.8 |
Gross profit | 239.1 | 245.3 | 262.1 | 267.7 | 269.3 | 283.6 | 312.8 | 347.4 |
Gross margin | 27.4% | 28.8% | 28.2% | 27.5% | 27.9% | 27.1% | 27.4% | 27.3% |
Selling, general and administrative | 232.2 | 236.4 | 260.1 | 281.9 | 296.8 | 303.8 | 318.6 | 382.1 |
EBITA | -23.8 | -7.9 | -8.0 | -15.5 | -38.0 | -21.0 | -5.9 | -25.4 |
EBITA margin | -2.7% | -0.9% | -0.9% | -1.6% | -3.9% | -2.0% | -0.5% | -2.0% |
Amortization of intangibles | 0.4 | 0.4 | 1.8 | 2.2 | 1.9 | 1.6 | 1.9 | 20.4 |
EBIT | -24.2 | -8.3 | -9.8 | -17.7 | -39.8 | -22.6 | -7.8 | -45.8 |
EBIT margin | -2.8% | -1.0% | -1.1% | -1.8% | -4.1% | -2.2% | -0.7% | -3.6% |
Pre-tax income | -39.1 | -24.4 | -44.0 | -34.1 | -66.3 | -29.6 | -11.7 | -63.2 |
Income taxes | 6.4 | 3.8 | 9.3 | 9.8 | 10.3 | 13.3 | 14.7 | 5.6 |
Tax rate | | | | | | | | |
Earnings from continuing ops | -45.6 | -28.3 | -53.3 | -43.9 | -76.5 | -42.9 | -26.5 | -68.8 |
Earnings from discontinued ops | | | | | | | 0.3 | 11.1 |
Net income | -45.6 | -28.3 | -53.3 | -43.9 | -76.5 | -42.9 | -26.2 | -56.1 |
Net margin | -5.2% | -3.3% | -5.7% | -4.5% | -7.9% | -4.1% | -2.3% | -4.4% |
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Diluted EPS | ($1.29) | ($0.82) | ($1.59) | ($1.31) | ($2.30) | ($1.32) | ($0.81) | ($2.14) |
Shares outstanding (diluted) | 35.3 | 34.4 | 33.6 | 33.5 | 33.2 | 32.6 | 32.7 | 32.2 |
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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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