Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 756.8 | 1,258.0 | 1,922.4 | 1,730.4 | 1,455.1 | 760.0 | 1,198.7 | 3,204.0 |
Revenue growth | -39.8% | -34.6% | 11.1% | 18.9% | 91.5% | -36.6% | -62.6% | -2.9% |
Cost of goods sold | 34.1 | 24.2 | 27.5 | 32.8 | 29.3 | 31.0 | 495.7 | 1,666.0 |
Gross profit | 722.7 | 1,233.8 | 1,895.0 | 1,697.7 | 1,425.9 | 728.9 | 703.0 | 1,538.0 |
Gross margin | 95.5% | 98.1% | 98.6% | 98.1% | 98.0% | 95.9% | 58.6% | 48.0% |
Selling, general and administrative | 1,234.9 | 1,697.7 | 1,736.5 | 1,227.0 | 1,357.2 | 1,172.6 | 833.6 | |
General and administrative | | | | | | | | 81.9 |
EBIT | -503.3 | 136.6 | 533.7 | 570.9 | 419.6 | -398.4 | 6.8 | 832.6 |
EBIT margin | -66.5% | 10.9% | 27.8% | 33.0% | 28.8% | -52.4% | 0.6% | 26.0% |
Pre-tax income | -636.5 | -602.8 | 59.7 | 1,098.7 | 118.6 | -585.3 | -930.6 | 180.2 |
Income taxes | -137.9 | -174.1 | 27.7 | 215.6 | -176.5 | -34.4 | -280.4 | 15.2 |
Tax rate | 21.7% | 28.9% | 46.5% | 19.6% | | 5.9% | 30.1% | 8.4% |
Earnings from continuing ops | -498.6 | -483.8 | -80.7 | 796.5 | 380.7 | -848.1 | -1,025.1 | 328.0 |
Earnings from discontinued ops | | | | | 0.0 | 0.0 | | |
Net income | -498.6 | -483.8 | -80.7 | 796.5 | 380.7 | -848.1 | -1,025.1 | 328.0 |
Net margin | -65.9% | -38.5% | -4.2% | 46.0% | 26.2% | -111.6% | -85.5% | 10.2% |
|
Diluted EPS | ($2.31) | ($2.43) | ($0.42) | $3.71 | $1.65 | ($3.70) | ($4.47) | $1.42 |
Shares outstanding (diluted) | 216.0 | 199.2 | 190.7 | 214.6 | 231.0 | 229.4 | 229.2 | 231.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|