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 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues | 896.8 | 805.0 | 818.2 | 728.4 | 728.1 | 639.6 | 520.9 | 253.4 |
Revenue growth | 11.4% | -1.6% | 12.3% | 0.0% | 13.8% | 22.8% | 105.5% | 23.3% |
Cost of goods sold | 335.8 | 299.8 | 301.5 | 267.7 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 561.0 | 505.2 | 516.7 | 460.7 | 728.1 | 639.6 | 520.9 | 253.4 |
Gross margin | 62.6% | 62.8% | 63.1% | 63.2% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative [+] | 71.3 | 77.9 | 71.9 | 61.0 | 54.5 | 52.4 | 38.5 | 28.3 |
General and administrative | 71.3 | 77.9 | 71.9 | 61.0 | 54.5 | 52.4 | 38.5 | 28.3 |
Equity in earnings | 1.8 | 0.7 | -0.7 | | | | | |
Other operating expenses | 7.2 | 5.4 | 58.0 | -43.7 | 208.6 | 200.2 | 189.9 | 104.3 |
EBITDA [+] | 484.3 | 422.6 | 386.0 | 443.4 | 465.1 | 387.1 | 292.5 | 120.9 |
EBITDA growth | 14.6% | 9.5% | -13.0% | -4.7% | 20.2% | 32.4% | 141.9% | 22.3% |
EBITDA margin | 54.0% | 52.5% | 47.2% | 60.9% | 63.9% | 60.5% | 56.2% | 47.7% |
Depreciation and amortization | 343.6 | 299.7 | 282.1 | 251.0 | 283.6 | 269.1 | 245.1 | 72.2 |
EBIT [+] | 140.7 | 123.0 | 103.9 | 192.4 | 181.5 | 118.0 | 47.4 | 48.7 |
EBIT growth | 14.4% | 18.4% | -46.0% | 6.0% | 53.8% | 149.0% | -2.6% | 74.1% |
EBIT margin | 15.7% | 15.3% | 12.7% | 26.4% | 24.9% | 18.4% | 9.1% | 19.2% |
Non-recurring items [+] | -2.8 | | -52.2 | | | | | |
Asset impairment | -2.8 | | -52.2 | | | | | |
Interest expense, net [+] | 118.1 | 109.7 | 101.1 | 81.4 | 89.9 | 75.8 | 50.5 | 25.9 |
Interest expense | 121.9 | 113.8 | 105.1 | 83.2 | 90.0 | 76.0 | 50.7 | 25.9 |
Interest income | 3.8 | 4.1 | 4.0 | 1.7 | 0.1 | 0.3 | 0.1 | 0.0 |
Other income (expense), net [+] | 3.7 | 3.2 | 0.8 | 0.8 | 3.0 | 1.6 | -12.9 | 0.9 |
Acquisition-related costs | | | | | | | 43.3 | 4.6 |
Other | -2.6 | 0.5 | 0.1 | 0.8 | 3.0 | 1.6 | -0.1 | 0.0 |
Pre-tax income | 29.0 | 16.4 | 55.8 | 111.8 | 94.6 | 43.8 | -16.1 | 23.7 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13.7 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 58.0% |
Minority interest | | | | | | | | -0.1 |
Earnings from continuing ops | 6.1 | 0.4 | 42.7 | 98.1 | 67.6 | 27.2 | -16.4 | 47.6 |
Earnings from discontinued ops | | | | | | | | -0.2 |
Net income | 6.1 | 0.4 | 42.7 | 98.1 | 67.6 | 27.2 | -16.4 | 47.4 |
Net margin | 0.7% | 0.0% | 5.2% | 13.5% | 9.3% | 4.3% | -3.1% | 18.7% |
|
Basic EPS [+] | $0.04 | $0.00 | $0.28 | $0.63 | $0.44 | $0.26 | ($0.19) | $0.72 |
Growth | 1499.0% | -99.1% | -56.1% | 43.3% | 71.8% | -234.3% | -126.4% | -989.2% |
Diluted EPS [+] | $0.04 | $0.00 | $0.27 | $0.63 | $0.44 | $0.25 | ($0.19) | $0.72 |
Growth | 1496.1% | -99.1% | -56.7% | 43.4% | 78.1% | -229.2% | -126.7% | -979.6% |
|
Dividends per share [+] | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $0.80 | $0.88 | $0.53 |
Growth | 0.0% | 0.0% | 0.0% | 0.0% | 25.0% | -9.4% | 66.1% | -0.9% |
|
Shares outstanding (basic) [+] | 151.6 | 153.1 | 154.4 | 155.4 | 153.5 | 106.2 | 85.9 | 65.8 |
Growth | -1.0% | -0.8% | -0.7% | 1.3% | 44.5% | 23.6% | 30.6% | 19.2% |
Shares outstanding (diluted) [+] | 151.9 | 153.2 | 156.6 | 155.7 | 153.9 | 110.4 | 85.9 | 66.5 |
Growth | -0.8% | -2.2% | 0.6% | 1.2% | 39.4% | 28.4% | 29.2% | 20.5% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |