Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 2,511.5 | 2,185.0 | 2,439.7 | 1,943.1 | 1,716.2 | 1,512.3 | 1,173.4 | 884.2 |
Revenue growth | 14.9% | -10.4% | 25.6% | 13.2% | 13.5% | 28.9% | 32.7% | 16.7% |
Cost of goods sold | 2,118.3 | 1,798.9 | 2,019.3 | 1,604.0 | 1,397.6 | 1,222.0 | 965.2 | 728.5 |
Gross profit | 393.2 | 386.0 | 420.4 | 339.0 | 318.6 | 290.3 | 208.2 | 155.6 |
Gross margin | 15.7% | 17.7% | 17.2% | 17.4% | 18.6% | 19.2% | 17.7% | 17.6% |
Selling, general and administrative | 325.2 | 313.1 | 330.2 | 287.2 | 270.8 | 243.2 | 166.8 | 121.9 |
EBITA | 40.5 | 46.3 | 66.6 | 33.4 | 31.4 | 34.6 | 31.5 | 25.6 |
EBITA margin | 1.6% | 2.1% | 2.7% | 1.7% | 1.8% | 2.3% | 2.7% | 2.9% |
Amortization of intangibles | 11.0 | 11.8 | 13.0 | 14.2 | 15.8 | 11.7 | 3.9 | 2.4 |
EBIT | 29.5 | 34.5 | 53.6 | 19.2 | 15.6 | 22.9 | 27.5 | 23.2 |
EBIT margin | 1.2% | 1.6% | 2.2% | 1.0% | 0.9% | 1.5% | 2.3% | 2.6% |
Pre-tax income | 23.5 | 21.9 | 38.0 | 4.4 | 1.4 | 11.5 | 27.3 | 22.8 |
Income taxes | -7.7 | 7.0 | -9.3 | -8.3 | -0.2 | 3.7 | 10.5 | 8.6 |
Tax rate | | 32.1% | | | | 31.9% | 38.5% | 37.8% |
Net income | 15.8 | 14.8 | 28.7 | 12.6 | 1.6 | 7.8 | 16.8 | 14.2 |
Net margin | 0.6% | 0.7% | 1.2% | 0.6% | 0.1% | 0.5% | 1.4% | 1.6% |
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Diluted EPS | $0.60 | $0.55 | $1.03 | $0.45 | $0.05 | $0.28 | $0.71 | $0.61 |
Shares outstanding (diluted) | 26.4 | 26.8 | 27.9 | 28.0 | 29.3 | 28.1 | 23.6 | 23.4 |
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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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