Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 1,069.9 | 803.4 | 772.2 |
Revenue growth | 33.2% | 4.0% | |
Cost of goods sold | 689.4 | 475.6 | 476.6 |
Gross profit | 380.5 | 327.8 | 295.6 |
Gross margin | 35.6% | 40.8% | 38.3% |
Selling, general and administrative | 343.8 | 189.5 | 203.9 |
EBITA | 31.1 | 131.3 | 86.5 |
EBITA margin | 2.9% | 16.3% | 11.2% |
Amortization of intangibles | 12.0 | 10.5 | 10.6 |
EBIT | 19.1 | 120.8 | 75.9 |
EBIT margin | 1.8% | 15.0% | 9.8% |
Pre-tax income | -13.5 | 102.4 | 47.8 |
Income taxes | 10.1 | 23.2 | 19.4 |
Tax rate | | 22.6% | 40.6% |
Net income | -23.6 | 79.3 | 28.4 |
Net margin | -2.2% | 9.9% | 3.7% |
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Diluted EPS | ($0.09) | $0.28 | $0.10 |
Shares outstanding (diluted) | 254.3 | 284.6 | 281.5 |
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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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