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 | Dec-31-15 |
Revenues | 206.3 | 194.6 | 176.9 | 217.6 | 284.6 | 383.9 | 404.4 | 444.2 |
Revenue growth | 6.0% | 10.0% | -18.7% | -23.6% | -25.9% | -5.1% | -9.0% | -11.1% |
Cost of goods sold | 104.8 | 109.9 | 103.7 | 121.9 | 264.1 | 339.4 | 362.4 | 375.2 |
Gross profit | 101.5 | 84.7 | 73.2 | 95.7 | 20.5 | 44.5 | 42.0 | 68.9 |
Gross margin | 49.2% | 43.5% | 41.4% | 44.0% | 7.2% | 11.6% | 10.4% | 15.5% |
Selling, general and administrative | 83.7 | 68.1 | 70.8 | 100.2 | 34.2 | 40.4 | 44.8 | 44.6 |
EBITA | 15.1 | 14.0 | -1.2 | -9.8 | -21.0 | -5.6 | -14.3 | 12.6 |
EBITA margin | 7.3% | 7.2% | -0.7% | -4.5% | -7.4% | -1.5% | -3.5% | 2.8% |
Amortization of intangibles | | | | | 0.1 | 0.7 | 0.8 | 0.7 |
EBIT | 15.1 | 14.0 | -1.2 | -9.8 | -21.1 | -6.4 | -15.2 | 12.0 |
EBIT margin | 7.3% | 7.2% | -0.7% | -4.5% | -7.4% | -1.7% | -3.8% | 2.7% |
Pre-tax income | 19.3 | 16.3 | -18.3 | -24.5 | -0.6 | -51.8 | -69.1 | -218.4 |
Income taxes | -17.5 | 1.3 | -16.6 | 1.8 | -18.1 | -9.9 | 20.6 | -37.4 |
Tax rate | | 7.9% | 90.7% | | 3222.8% | 19.1% | | 17.1% |
Net income | 35.4 | 12.6 | -2.2 | -26.8 | 14.9 | -41.9 | -130.9 | -170.9 |
Net margin | 17.2% | 6.5% | -1.2% | -12.3% | 5.2% | -10.9% | -32.4% | -38.5% |
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Diluted EPS | $4.75 | $1.75 | ($0.34) | ($4.26) | $2.37 | ($6.76) | ($21.29) | ($27.73) |
Shares outstanding (diluted) | 7.5 | 7.2 | 6.5 | 6.3 | 6.3 | 6.2 | 6.1 | 6.2 |
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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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