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 | 1,401.7 | 1,068.9 | 772.6 | 1,114.8 | 1,041.3 | 941.3 | 807.9 | 859.9 |
| Revenue growth | 31.1% | 38.3% | -30.7% | 7.1% | 10.6% | 16.5% | -6.0% | 13.4% |
| Cost of goods sold | 701.9 | 470.0 | 477.7 | 600.8 | 530.0 | 479.4 | 459.8 | 488.8 |
| Gross profit | 699.8 | 598.9 | 294.9 | 514.0 | 511.3 | 461.9 | 348.1 | 371.1 |
| Gross margin | 49.9% | 56.0% | 38.2% | 46.1% | 49.1% | 49.1% | 43.1% | 43.2% |
| Selling, general and administrative | 207.3 | 145.6 | 148.9 | 168.9 | 170.0 | 165.8 | 154.7 | 134.3 |
| EBITA | 515.4 | 438.0 | 115.2 | 321.1 | 336.8 | 295.0 | 195.7 | 227.4 |
| EBITA margin | 36.8% | 41.0% | 14.9% | 28.8% | 32.3% | 31.3% | 24.2% | 26.4% |
| Amortization of intangibles | 35.1 | 25.2 | 23.6 | 19.4 | 19.4 | 9.9 | 8.2 | 3.0 |
| EBIT | 480.3 | 412.8 | 91.6 | 301.7 | 317.4 | 285.1 | 187.5 | 224.4 |
| EBIT margin | 34.3% | 38.6% | 11.9% | 27.1% | 30.5% | 30.3% | 23.2% | 26.1% |
| Pre-tax income | 436.8 | 376.5 | 53.0 | 269.9 | 273.3 | 249.2 | 148.1 | 184.0 |
| Income taxes | 104.7 | 87.5 | -22.4 | 47.1 | 56.9 | 126.9 | 41.4 | 56.0 |
| Tax rate | 24.0% | 23.3% | | 17.4% | 20.8% | 50.9% | 28.0% | 30.4% |
| Net income | 332.2 | 289.0 | 75.4 | 222.9 | 216.4 | 122.3 | 106.7 | 128.0 |
| Net margin | 23.7% | 27.0% | 9.8% | 20.0% | 20.8% | 13.0% | 13.2% | 14.9% |
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| Diluted EPS | $6.03 | $5.17 | $1.36 | $4.00 | $3.82 | $2.16 | $1.90 | $2.24 |
| Shares outstanding (diluted) | 55.1 | 55.9 | 55.5 | 55.7 | 56.6 | 56.5 | 56.2 | 57.3 |
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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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