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 | 348.3 | 335.3 | 293.1 | 273.3 | 0.0 | 261.9 | 285.6 | 306.1 |
Revenue growth | 3.9% | 14.4% | 7.2% | | -100.0% | -8.3% | -6.7% | 40.4% |
Cost of goods sold | 148.7 | 138.9 | 122.2 | 123.5 | 0.0 | 129.4 | 144.4 | 151.6 |
Gross profit | 199.5 | 196.4 | 170.9 | 149.8 | 0.0 | 132.4 | 141.1 | 154.5 |
Gross margin | 57.3% | 58.6% | 58.3% | 54.8% | | 50.6% | 49.4% | 50.5% |
Selling, general and administrative | 182.4 | 168.9 | 156.2 | 145.2 | 0.0 | 138.8 | 148.4 | 151.8 |
EBIT | 17.2 | 27.5 | 14.7 | 4.7 | 0.0 | -6.3 | -7.3 | 2.7 |
EBIT margin | 4.9% | 8.2% | 5.0% | 1.7% | | -2.4% | -2.6% | 0.9% |
Pre-tax income | 16.4 | 47.2 | 13.5 | 2.3 | -11.5 | -11.8 | -28.1 | -3.1 |
Income taxes | 3.8 | 12.5 | -35.1 | 0.3 | 0.0 | -0.3 | 0.2 | 0.2 |
Tax rate | 23.1% | 26.5% | | 11.7% | 0.0% | 2.3% | | |
Net income | 11.5 | 33.5 | 47.2 | 2.0 | -11.5 | -11.5 | -28.3 | -3.4 |
Net margin | 3.3% | 10.0% | 16.1% | 0.7% | | -4.4% | -9.9% | -1.1% |
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Diluted EPS | $0.45 | $1.34 | $1.91 | $0.08 | ($0.48) | ($0.48) | ($1.21) | ($0.14) |
Shares outstanding (diluted) | 25.9 | 25.1 | 24.7 | 24.6 | 23.9 | 23.9 | 23.5 | 23.2 |
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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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