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 | 1,380.3 | 1,332.0 | 1,322.9 | 1,386.8 | 1,362.3 | 1,383.2 | 1,376.0 | 1,447.8 |
Revenue growth | 3.6% | 0.7% | -4.6% | 1.8% | -1.5% | 0.5% | -5.0% | -1.0% |
Cost of goods sold | 925.6 | 908.3 | 908.1 | 920.7 | 886.8 | 907.8 | 921.5 | 959.3 |
Gross profit | 454.7 | 423.7 | 414.9 | 466.1 | 475.5 | 475.4 | 454.4 | 488.5 |
Gross margin | 32.9% | 31.8% | 31.4% | 33.6% | 34.9% | 34.4% | 33.0% | 33.7% |
Selling, general and administrative | 284.6 | 271.1 | 293.8 | 262.8 | 307.7 | 289.8 | 288.1 | 357.8 |
EBITA | 171.8 | 154.2 | 124.0 | 205.7 | 169.4 | 186.9 | 167.5 | 131.9 |
EBITA margin | 12.4% | 11.6% | 9.4% | 14.8% | 12.4% | 13.5% | 12.2% | 9.1% |
Amortization of intangibles | 1.8 | 1.5 | 2.9 | 2.3 | 1.6 | 1.3 | 1.2 | 1.2 |
EBIT | 170.0 | 152.7 | 121.1 | 203.4 | 167.8 | 185.6 | 166.3 | 130.7 |
EBIT margin | 12.3% | 11.5% | 9.2% | 14.7% | 12.3% | 13.4% | 12.1% | 9.0% |
Pre-tax income | 157.5 | 137.8 | 101.0 | 181.5 | 148.4 | 167.3 | 149.4 | 114.6 |
Income taxes | 38.7 | 28.4 | 19.0 | 24.2 | 58.8 | 44.4 | 42.1 | 32.8 |
Tax rate | 24.6% | 20.6% | 18.8% | 13.3% | 39.6% | 26.5% | 28.2% | 28.6% |
Net income | 118.7 | 109.5 | 82.0 | 157.4 | 89.6 | 126.3 | 106.8 | 73.6 |
Net margin | 8.6% | 8.2% | 6.2% | 11.3% | 6.6% | 9.1% | 7.8% | 5.1% |
|
Diluted EPS | $2.81 | $2.59 | $1.94 | $3.70 | $2.03 | $2.74 | $2.32 | $1.67 |
Shares outstanding (diluted) | 42.3 | 42.3 | 42.3 | 42.5 | 44.0 | 44.8 | 46.2 | 48.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|