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 | 955.0 | 898.4 | 837.5 | 9.7 | 719.0 | 642.6 | 581.3 | 521.7 |
Revenue growth | 6.3% | 7.3% | 8546.9% | -98.7% | 11.9% | 10.5% | 11.4% | 14.1% |
Cost of goods sold | 258.9 | 247.3 | 238.1 | 204.6 | 66.4 | 55.2 | 155.6 | 145.7 |
Gross profit | 696.1 | 651.1 | 599.3 | -194.9 | 652.6 | 587.4 | 425.7 | 376.0 |
Gross margin | 72.9% | 72.5% | 71.6% | -2012.6% | 90.8% | 91.4% | 73.2% | 72.1% |
Selling, general and administrative | | | | | | | | |
General and administrative | 92.7 | 99.3 | 88.1 | 96.6 | 66.9 | 60.5 | 51.4 | 49.2 |
EBITA | 852.2 | 380.5 | 352.9 | 406.5 | 348.4 | 448.9 | 498.1 | 236.5 |
EBITA margin | 89.2% | 42.4% | 42.1% | 4197.4% | 48.5% | 69.9% | 85.7% | 45.3% |
Amortization of intangibles | 40.1 | 35.1 | 45.2 | 40.4 | 41.7 | 33.1 | 33.9 | 41.2 |
EBIT | 812.1 | 345.4 | 307.7 | 366.1 | 306.7 | 415.8 | 464.2 | 195.4 |
EBIT margin | 85.0% | 38.4% | 36.7% | 3780.1% | 42.7% | 64.7% | 79.9% | 37.4% |
Pre-tax income | 658.9 | 207.3 | 215.2 | 277.9 | 180.6 | 303.8 | 238.6 | 59.3 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4.5 | -120.9 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.9% | |
Earnings from continuing ops | 628.1 | 187.1 | 195.4 | 258.4 | 151.2 | 280.5 | 220.8 | 42.5 |
Earnings from discontinued ops | | | | | | | | 124.5 |
Net income | 628.1 | 187.1 | 195.4 | 258.4 | 151.2 | 280.5 | 220.8 | 167.0 |
Net margin | 65.8% | 20.8% | 23.3% | 2668.2% | 21.0% | 43.7% | 38.0% | 32.0% |
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Diluted EPS | $5.37 | $1.65 | $1.88 | $2.57 | $1.53 | $3.02 | $2.44 | $0.50 |
Shares outstanding (diluted) | 116.9 | 113.7 | 103.8 | 100.5 | 98.7 | 93.0 | 90.4 | 85.0 |
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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. |