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 | 710.4 | 551.1 | 522.6 | 534.1 | 446.5 | 429.1 | 507.9 | 602.5 |
Revenue growth | 28.9% | 5.5% | -2.1% | 19.6% | 4.1% | -15.5% | -15.7% | 8.6% |
Cost of goods sold | 583.1 | 444.3 | 419.9 | 430.1 | 363.2 | 348.8 | 405.9 | 492.8 |
Gross profit | 127.3 | 106.8 | 102.7 | 104.0 | 83.4 | 80.3 | 102.0 | 109.6 |
Gross margin | 17.9% | 19.4% | 19.7% | 19.5% | 18.7% | 18.7% | 20.1% | 18.2% |
Selling, general and administrative | | | | | | | | 24.9 |
General and administrative | 7.9 | 7.3 | 10.2 | 10.8 | 25.6 | 21.2 | 21.2 | |
EBITA | 37.8 | 14.6 | 4.0 | 19.1 | -2.8 | -11.1 | 18.3 | 16.5 |
EBITA margin | 5.3% | 2.6% | 0.8% | 3.6% | -0.6% | -2.6% | 3.6% | 2.7% |
Amortization of intangibles | 1.3 | 1.3 | 1.4 | 0.2 | | | | |
EBIT | 36.5 | 13.3 | 2.6 | 18.9 | -2.8 | -11.1 | 18.3 | 16.5 |
EBIT margin | 5.1% | 2.4% | 0.5% | 3.5% | -0.6% | -2.6% | 3.6% | 2.7% |
Pre-tax income | 41.3 | 9.2 | -4.9 | 16.6 | -6.3 | -11.2 | 19.3 | 11.6 |
Income taxes | 8.3 | 2.2 | -0.2 | 4.4 | -13.8 | -3.5 | 8.3 | 5.4 |
Tax rate | 20.0% | 24.1% | 3.2% | 26.4% | 219.7% | 31.4% | 42.8% | 46.0% |
Net income | 33.1 | 7.0 | -4.7 | 12.2 | 7.5 | -7.7 | 11.1 | 6.3 |
Net margin | 4.7% | 1.3% | -0.9% | 2.3% | 1.7% | -1.8% | 2.2% | 1.0% |
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Diluted EPS | $3.68 | $0.78 | ($0.55) | $1.49 | $0.93 | ($0.90) | $1.06 | $0.60 |
Shares outstanding (diluted) | 9.0 | 8.9 | 8.5 | 8.2 | 8.1 | 8.6 | 10.4 | 10.5 |
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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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