Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
Revenues | 1,980.5 | 1,980.5 | 1,678.6 | 1,678.6 | 1,669.1 | 1,637.0 | 1,562.7 | 1,475.5 |
Revenue growth | 18.0% | 18.0% | 0.6% | | 2.0% | 4.8% | 5.9% | 3.4% |
Cost of goods sold | 1,648.5 | 1,635.9 | 1,359.4 | 1,344.5 | 1,326.0 | 1,318.5 | 1,271.2 | 1,164.6 |
Gross profit | 332.0 | 344.6 | 319.2 | 334.1 | 343.1 | 318.5 | 291.5 | 310.9 |
Gross margin | 16.8% | 17.4% | 19.0% | 19.9% | 20.6% | 19.5% | 18.7% | 21.1% |
Selling, general and administrative | 0.0 | 153.3 | 0.0 | 148.9 | 0.0 | 148.3 | 158.2 | 132.5 |
EBITA | 115.6 | 135.2 | 141.9 | 127.5 | 129.5 | 151.7 | 115.9 | 164.4 |
EBITA margin | 5.8% | 6.8% | 8.5% | 7.6% | 7.8% | 9.3% | 7.4% | 11.1% |
Amortization of intangibles | 14.9 | | 18.3 | | 19.8 | 20.7 | 19.2 | 14.6 |
EBIT | 100.7 | 135.2 | 123.6 | 127.5 | 109.7 | 131.0 | 96.7 | 149.8 |
EBIT margin | 5.1% | 6.8% | 7.4% | 7.6% | 6.6% | 8.0% | 6.2% | 10.2% |
Pre-tax income | 95.4 | 95.4 | 119.6 | 119.6 | 110.1 | 63.7 | 31.2 | 60.3 |
Income taxes | 31.6 | 31.6 | 34.5 | 34.5 | 21.0 | 0.0 | 25.7 | 29.0 |
Tax rate | 33.1% | 33.1% | 28.8% | 28.8% | 19.1% | 0.0% | 82.4% | 48.1% |
Earnings from continuing ops | 63.8 | 63.8 | 85.1 | 85.1 | 89.1 | 62.9 | -0.3 | 61.2 |
Earnings from discontinued ops | -0.6 | | -0.2 | | 31.9 | 3.7 | 23.7 | -0.8 |
Net income | 63.2 | 63.2 | 84.9 | 84.9 | 121.0 | 66.6 | 23.4 | 60.4 |
Net margin | 3.2% | 3.2% | 5.1% | 5.1% | 7.2% | 4.1% | 1.5% | 4.1% |
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Diluted EPS | $2.99 | $2.99 | $3.88 | $3.88 | $4.17 | $2.99 | ($0.01) | $2.78 |
Shares outstanding (diluted) | 21.3 | 21.3 | 21.9 | 21.9 | 21.4 | 21.1 | 21.3 | 22.0 |
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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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