In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| 10-K | 10-K | 10-K | 10-K |
Revenues: |
Foreign | 238.7 | 206.5 | 116.1 | 199.1 |
Domestic | 169.9 | 133.9 | 92.8 | 105.1 |
TechOps | 130.9 | 108.4 | 110.2 | 82.4 |
Asset Management Solutions | 277.6 | 232.0 | 98.7 | 221.8 |
Total revenues | 408.5 | 340.4 | 208.9 | 304.2 |
Revenue growth [+] | 20.0% | 62.9% | -31.3% | |
Foreign | 15.6% | 77.9% | -41.7% | |
Domestic | 26.9% | 44.2% | -11.7% | |
TechOps | 20.8% | -1.6% | 33.8% | |
Asset Management Solutions | 19.7% | 135.0% | -55.5% | |
Cost of goods sold | 257.2 | 221.0 | 156.1 | 219.2 |
Gross profit | 151.4 | 119.4 | 52.8 | 85.0 |
Gross margin | 37.1% | 35.1% | 25.3% | 28.0% |
Selling, general and administrative | 96.3 | 77.5 | 55.6 | 59.8 |
Other operating expenses | -1.7 | -14.8 | -12.7 | |
EBITDA [+] | 67.7 | 69.7 | 34.1 | 55.3 |
EBITDA growth | -2.8% | 104.5% | -38.4% | |
EBITDA margin | 16.6% | 20.5% | 16.3% | 18.2% |
Depreciation | 8.8 | 10.9 | 22.1 | 29.3 |
EBITA | 58.9 | 58.8 | 12.0 | 26.0 |
EBITA margin | 14.4% | 17.3% | 5.7% | 8.6% |
Amortization of intangibles | 2.1 | 2.1 | 2.1 | 0.8 |
EBIT [+] | 56.7 | 56.7 | 9.8 | 25.2 |
EBIT growth | 0.1% | 475.4% | -61.0% | |
EBIT margin | 13.9% | 16.6% | 4.7% | 8.3% |
Non-recurring items | 1.7 | | -1.4 | 3.2 |
Interest expense, net [+] | -1.1 | 1.0 | 1.6 | 3.0 |
Interest expense | | 1.0 | 1.6 | 3.0 |
Interest income | 1.1 | | | |
Other income (expense), net [+] | 1.7 | -7.9 | 0.1 | 0.6 |
Change in fair value of warrants | -0.5 | -2.9 | -0.4 | |
Other | 2.3 | 0.5 | 0.5 | 0.6 |
Pre-tax income | 57.9 | 47.8 | 9.7 | 19.7 |
Income taxes | 14.0 | 11.7 | 1.7 | 4.2 |
Tax rate | 24.2% | 24.4% | 16.9% | 21.2% |
Net income | 43.9 | 36.1 | 8.1 | -19.1 |
Net margin | 10.7% | 10.6% | 3.9% | -6.3% |
|
Basic EPS [+] | $0.85 | $0.84 | $7.85 | ($517.00) |
Growth | 1.7% | -89.4% | -101.5% | |
Diluted EPS [+] | $0.83 | $0.76 | $7.39 | ($517.00) |
Growth | 8.1% | -89.7% | -101.4% | |
|
Shares outstanding (basic) [+] | 51.6 | 43.2 | 1.0 | 0.0 |
Growth | 19.4% | 4090.2% | 2685.3% | |
Shares outstanding (diluted) [+] | 53.1 | 47.3 | 1.1 | 0.0 |
Growth | 12.3% | 4219.8% | 2859.2% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |