In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| 8-K | 10-K | 10-K | 10-K | 10-K/A | 10-K |
Revenues: |
Four Segments | | 218.5 | | | | |
Other | | 72.8 | | | | |
Total revenues | 502.0 | 291.3 | 225.1 | 321.1 | 240.6 | 209.7 |
Revenue growth [+] | 72.3% | 29.4% | -29.9% | 33.5% | 14.8% | |
TCPL Keystone | | -70.7% | 166.2% | -32.2% | | |
Cost of goods sold | 174.2 | 190.0 | 168.0 | 174.1 | 150.4 | 156.6 |
Gross profit | 327.8 | 101.4 | 57.2 | 147.0 | 90.2 | 53.0 |
Gross margin | 65.3% | 34.8% | 25.4% | 45.8% | 37.5% | 25.3% |
Selling, general and administrative | 57.9 | 46.5 | 38.1 | 76.6 | 41.3 | 24.3 |
Other operating expenses | 80.7 | 0.9 | -0.7 | 6.7 | -8.1 | -0.6 |
EBITDA [+] | 189.2 | 107.6 | 69.7 | 107.0 | 88.6 | 53.8 |
EBITDA growth | 75.8% | 54.4% | -34.9% | 20.8% | 64.8% | |
EBITDA margin | 37.7% | 36.9% | 31.0% | 33.3% | 36.8% | 25.7% |
Depreciation | 14.8 | 55.9 | 50.9 | 44.6 | 32.0 | 25.2 |
EBITA | 174.4 | 51.7 | 18.8 | 62.5 | 56.7 | 28.5 |
EBITA margin | 34.7% | 17.8% | 8.4% | 19.4% | 23.6% | 13.6% |
Amortization of intangibles | | 14.6 | 14.7 | 14.3 | 7.2 | 4.9 |
EBIT [+] | 174.4 | 37.1 | 4.1 | 48.1 | 49.5 | 23.6 |
EBIT growth | 370.0% | 804.6% | -91.5% | -2.8% | 109.4% | |
EBIT margin | 34.7% | 12.7% | 1.8% | 15.0% | 20.6% | 11.3% |
Non-recurring items | | | | 0.2 | 8.6 | 2.2 |
Interest expense | 36.3 | 38.7 | 40.0 | 33.4 | 24.2 | 5.1 |
Interest expense | 36.3 | 38.7 | 40.0 | 33.4 | 24.2 | 5.1 |
Other income (expense), net [+] | -31.7 | -1.1 | 2.3 | 5.0 | | 10.2 |
Gain (loss) on debt retirement | | | | -0.9 | | |
Gain (loss) on foreign currency transactions | | | | -0.1 | 0.1 | -0.1 |
Change in fair value of warrants | | 1.1 | -2.3 | -5.9 | | |
Pre-tax income | 106.3 | -2.7 | -33.6 | 19.6 | 16.7 | 26.6 |
Income taxes | 32.4 | 1.9 | -8.5 | 7.6 | 11.8 | 25.6 |
Tax rate | 30.4% | | 25.2% | 38.9% | 70.3% | 96.3% |
Net income | 73.9 | -4.6 | -25.1 | 12.0 | 5.0 | 1.0 |
Net margin | 14.7% | -1.6% | -11.2% | 3.7% | 2.1% | 0.5% |
|
Basic EPS [+] | $0.76 | ($0.05) | ($0.26) | $0.13 | $0.12 | $0.04 |
Growth | -1704.6% | -81.9% | -306.6% | 5.5% | 214.3% | |
Diluted EPS [+] | $0.74 | ($0.05) | ($0.26) | $0.13 | $0.12 | $0.04 |
Growth | -1662.3% | -81.9% | -306.6% | 5.5% | 214.3% | |
|
Shares outstanding (basic) [+] | 97.3 | 96.6 | 96.0 | 94.5 | 41.3 | 25.7 |
Growth | 0.7% | 0.6% | 1.6% | 128.9% | 60.7% | |
Shares outstanding (diluted) [+] | 99.9 | 96.6 | 96.0 | 94.5 | 41.3 | 25.7 |
Growth | 3.4% | 0.6% | 1.6% | 128.9% | 60.7% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |