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 | 270.9 | 245.6 | 279.3 | 253.3 | 234.6 | 199.6 | 175.6 | 182.1 |
Revenue growth | 10.3% | -12.1% | 10.3% | 8.0% | 17.6% | 13.6% | -3.6% | 9015.5% |
Cost of goods sold | 144.4 | 130.1 | 148.8 | 126.0 | 115.3 | 97.5 | 85.7 | 85.0 |
Gross profit | 126.5 | 115.5 | 130.5 | 127.3 | 119.4 | 102.0 | 89.9 | 97.1 |
Gross margin | 46.7% | 47.0% | 46.7% | 50.3% | 50.9% | 51.1% | 51.2% | 53.3% |
Sales and marketing | 11.9 | 11.0 | 12.8 | 11.3 | 12.2 | 10.1 | 9.3 | 9.3 |
Research and development | 14.1 | 12.8 | 13.9 | 6.2 | 3.2 | 2.9 | 2.4 | 2.5 |
General and administrative | 46.1 | 49.7 | 55.2 | 47.7 | 47.6 | 40.2 | 37.8 | 38.6 |
EBITA | 60.3 | 47.0 | 33.3 | 66.6 | 65.1 | 47.5 | 39.1 | 45.9 |
EBITA margin | 22.3% | 19.2% | 11.9% | 26.3% | 27.7% | 23.8% | 22.3% | 25.2% |
Amortization of intangibles | 5.8 | 5.9 | | | | | | |
EBIT | 54.5 | 41.2 | 33.3 | 66.6 | 65.1 | 47.5 | 39.1 | 45.9 |
EBIT margin | 20.1% | 16.8% | 11.9% | 26.3% | 27.7% | 23.8% | 22.3% | 25.2% |
Pre-tax income | 49.0 | 29.0 | 23.2 | 76.2 | 55.5 | 50.1 | 41.8 | 47.6 |
Income taxes | -11.9 | -10.9 | -12.2 | -17.3 | -17.7 | -14.9 | -12.8 | -14.2 |
Tax rate | | | | | | | | |
Net income | 34.3 | 16.1 | 6.9 | 60.7 | 43.8 | 32.1 | 25.0 | 30.4 |
Net margin | 12.6% | 6.6% | 2.5% | 24.0% | 18.7% | 16.1% | 14.2% | 16.7% |
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Diluted EPS | $1.65 | $0.77 | $0.33 | $2.88 | $2.09 | $1.53 | $1.19 | $1.45 |
Shares outstanding (diluted) | 20.8 | 20.8 | 21.0 | 21.1 | 21.0 | 21.0 | 21.0 | 21.0 |
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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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