Financial Summary (All financials)
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 |
Revenues | 543.1 | 496.6 | 439.1 | 485.8 | 564.8 | 504.8 | 419.2 |
Revenue growth | 9.4% | 13.1% | -9.6% | -14.0% | 11.9% | 20.4% | |
Cost of goods sold | 82.4 | 75.8 | 84.3 | 96.4 | 189.4 | 0.0 | 140.7 |
Gross profit | 460.7 | 420.9 | 354.8 | 389.4 | 375.4 | 504.8 | 278.6 |
Gross margin | 84.8% | 84.7% | 80.8% | 80.2% | 66.5% | 100.0% | 66.4% |
Selling, general and administrative | 309.5 | 266.1 | 250.7 | 267.9 | 311.4 | 221.0 | 174.2 |
EBITA | 119.7 | 117.0 | 63.5 | 78.8 | 27.1 | 91.1 | 80.5 |
EBITA margin | 22.0% | 23.6% | 14.5% | 16.2% | 4.8% | 18.0% | 19.2% |
Amortization of intangibles | 52.7 | 45.6 | 45.3 | 49.4 | 48.7 | 45.0 | 38.6 |
EBIT | 67.0 | 71.4 | 18.2 | 29.4 | -21.6 | 46.1 | 41.9 |
EBIT margin | 12.3% | 14.4% | 4.1% | 6.1% | -3.8% | 9.1% | 10.0% |
Pre-tax income | 56.6 | 39.7 | 9.0 | -18.8 | -88.4 | -15.8 | 74.5 |
Income taxes | 36.2 | 22.0 | 13.1 | 4.5 | 10.4 | 16.6 | 17.0 |
Tax rate | 64.1% | 55.5% | 146.5% | | | | 22.9% |
Net income | -5.2 | -1.2 | -8.2 | -10.1 | -14.7 | -32.3 | 57.5 |
Net margin | -1.0% | -0.2% | -1.9% | -2.1% | -2.6% | -6.4% | 13.7% |
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Diluted EPS | ($0.11) | ($0.03) | ($0.20) | ($0.31) | ($0.70) | ($32,348.00) | |
Shares outstanding (diluted) | 48.0 | 47.1 | 42.0 | 32.7 | 21.1 | 0.0 | |
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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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