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 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Fluid Handling | | | | | 487.6 | 139.1 | 118.2 | |
Energy | | | | | 288.9 | 183.4 | 305.9 | 383.7 |
Instrumentation & Thermal Fluid Controls Products | | | | | | | 166.1 | 272.6 |
Other | | | | | 237.0 | 183.0 | | |
Total revenues | 786.9 | 758.7 | 765.2 | 957.3 | 1,013.5 | 505.5 | 590.3 | 656.3 |
Revenue growth [+] | 3.7% | -0.9% | -20.1% | -5.5% | 100.5% | -14.4% | -10.1% | -22.0% |
Fluid Handling | | | | | 250.5% | 17.7% | | |
Energy | | | | | 57.5% | -40.1% | -20.3% | -30.6% |
Instrumentation & Thermal Fluid Controls Products | | | | | | | -39.1% | -5.5% |
Aerospace & Defense | 11.9% | -5.1% | -2.4% | | | | | |
Cost of goods sold | 566.2 | 570.6 | 576.7 | 704.4 | 688.3 | 332.8 | 407.1 | 456.9 |
Gross profit | 220.7 | 188.1 | 188.6 | 252.9 | 325.2 | 172.7 | 183.1 | 199.3 |
Gross margin | 28.0% | 24.8% | 24.6% | 26.4% | 32.1% | 34.2% | 31.0% | 30.4% |
Selling, general and administrative | 213.3 | 224.9 | 223.4 | 248.5 | 284.6 | 146.5 | 154.8 | 156.3 |
Other operating expenses | -25.3 | -38.1 | -38.7 | -64.0 | -13.1 | -7.3 | -8.2 | -9.7 |
EBITDA [+] | 52.4 | 24.1 | 24.3 | 90.4 | 128.9 | 60.6 | 62.1 | 76.7 |
EBITDA growth | 117.8% | -0.9% | -73.1% | -29.9% | 112.9% | -2.5% | -19.0% | -21.6% |
EBITDA margin | 6.7% | 3.2% | 3.2% | 9.4% | 12.7% | 12.0% | 10.5% | 11.7% |
Depreciation | 19.7 | 22.9 | 20.4 | 22.0 | 26.2 | 12.4 | 13.3 | 14.3 |
EBITA | 32.7 | 1.2 | 3.9 | 68.4 | 102.8 | 48.1 | 48.8 | 62.4 |
EBITA margin | 4.2% | 0.2% | 0.5% | 7.1% | 10.1% | 9.5% | 8.3% | 9.5% |
Amortization of intangibles | | | | | 49.1 | 14.6 | 12.3 | 9.7 |
EBIT [+] | 32.7 | 1.2 | 3.9 | 68.4 | 53.6 | 33.5 | 36.5 | 52.8 |
EBIT growth | 2593.6% | -68.7% | -94.3% | 27.5% | 59.9% | -8.1% | -30.8% | -32.6% |
EBIT margin | 4.2% | 0.2% | 0.5% | 7.1% | 5.3% | 6.6% | 6.2% | 8.0% |
Non-recurring items [+] | -30.1 | 30.5 | 98.8 | 37.9 | 32.0 | 17.2 | 25.6 | 26.6 |
Asset impairment | | 10.5 | 138.1 | | | | 0.2 | 2.5 |
Unusual expense | -30.1 | 20.0 | -39.2 | 16.4 | 13.1 | 7.3 | 8.2 | 9.7 |
Interest expense, net [+] | 44.9 | 32.4 | 34.2 | 48.6 | -53.0 | -10.8 | -3.3 | -2.8 |
Interest expense | 44.9 | 32.4 | 34.2 | 48.6 | 3.9 | 0.8 | 0.4 | 0.4 |
Interest income | | | | | 53.0 | 10.8 | 3.3 | 2.8 |
Other income (expense), net | 5.7 | 3.8 | 1.6 | 0.9 | -94.6 | -22.7 | -4.1 | -6.2 |
Pre-tax income | 23.7 | -57.9 | -127.6 | -17.3 | -23.9 | 3.6 | 9.7 | 22.4 |
Income taxes | 4.3 | 5.2 | 55.9 | 13.1 | 9.5 | -7.2 | -0.4 | 12.6 |
Tax rate | 18.1% | | | | | | | 56.0% |
Earnings from continuing ops | 19.4 | -63.0 | -183.5 | -30.3 | -33.3 | 10.9 | 10.1 | 9.9 |
Earnings from discontinued ops | | 1.4 | -35.1 | -107.5 | -6.0 | 0.9 | | |
Net income | 19.4 | -61.6 | -218.6 | -137.8 | -39.4 | 11.8 | 10.1 | 9.9 |
Net margin | 2.5% | -8.1% | -28.6% | -14.4% | -3.9% | 2.3% | 1.7% | 1.5% |
|
Basic EPS [+] | $0.95 | ($3.12) | ($9.18) | ($1.52) | ($1.68) | $0.65 | $0.62 | $0.59 |
Growth | -130.5% | -66.0% | 502.9% | -9.4% | -358.4% | 5.8% | 5.1% | -79.5% |
Diluted EPS [+] | $0.95 | ($3.12) | ($9.18) | ($1.52) | ($1.68) | $0.64 | $0.61 | $0.58 |
Growth | -130.4% | -66.0% | 502.9% | -9.4% | -361.1% | 5.4% | 4.7% | -79.4% |
|
Dividends per share [+] | | | | | | $0.15 | $0.15 | $0.15 |
Growth | | | | | -100.0% | -1.2% | 1.4% | 0.0% |
|
Shares outstanding (basic) [+] | 20.4 | 20.2 | 20.0 | 19.9 | 19.8 | 16.7 | 16.4 | 16.9 |
Growth | 0.7% | 1.1% | 0.4% | 0.3% | 19.0% | 1.6% | -2.6% | -4.6% |
Shares outstanding (diluted) [+] | 20.4 | 20.2 | 20.0 | 19.9 | 19.8 | 16.8 | 16.5 | 16.9 |
Growth | 1.1% | 1.1% | 0.4% | 0.3% | 17.7% | 1.9% | -2.2% | -4.8% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |