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 | 206.1 | 199.1 | 226.4 | 232.8 | 230.6 | 226.9 | 207.9 | 200.8 |
Revenue growth | 3.5% | -12.0% | -2.8% | 1.0% | 1.6% | 9.1% | 3.5% | 2.2% |
Cost of goods sold | 91.1 | 88.4 | 89.7 | 93.8 | 85.1 | 82.2 | 76.2 | 69.9 |
Gross profit | 115.1 | 110.7 | 136.6 | 139.1 | 145.4 | 144.7 | 131.7 | 130.9 |
Gross margin | 55.8% | 55.6% | 60.4% | 59.7% | 63.1% | 63.8% | 63.3% | 65.2% |
Selling, general and administrative | | | | | | | | |
General and administrative | 5.9 | 6.3 | 5.8 | 5.3 | 5.3 | 5.4 | 5.4 | 5.0 |
EBIT | 149.6 | 63.5 | 90.7 | 88.6 | 105.3 | 105.5 | 95.2 | 96.7 |
EBIT margin | 72.6% | 31.9% | 40.1% | 38.1% | 45.7% | 46.5% | 45.8% | 48.1% |
Pre-tax income | 130.6 | 41.9 | 60.1 | 56.6 | 80.5 | 86.5 | 76.9 | 67.1 |
Income taxes | -2.3 | 0.0 | 0.0 | 23.8 | 0.0 | 0.0 | 0.0 | -0.3 |
Tax rate | | 0.0% | 0.0% | 42.0% | 0.0% | 0.1% | 0.0% | |
Earnings from continuing ops | 130.6 | 41.9 | 60.1 | 56.6 | 80.5 | 86.5 | 76.9 | 67.4 |
Earnings from discontinued ops | | | | | | | | 0.5 |
Net income | 132.9 | 41.9 | 60.1 | 32.8 | 80.5 | 86.5 | 76.9 | 67.9 |
Net margin | 64.5% | 21.1% | 26.5% | 14.1% | 34.9% | 38.1% | 37.0% | 33.8% |
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Diluted EPS | $25.49 | $8.19 | $11.74 | $11.07 | $15.74 | $16.91 | $15.04 | $13.19 |
Shares outstanding (diluted) | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 |
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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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