In millions, except per share items | Jun-25-23 | Dec-25-22 | Jun-26-22 | Mar-27-22 | Dec-26-21 | Sep-26-21 | Jun-27-21 | Mar-28-21 |
| 8-K | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Total revenues | | | 746.2 | 663.5 | 612.8 | 566.7 | 525.6 | 585.5 |
Revenue growth | | | 42.0% | 13.3% | -7.7% | -13.8% | -33.0% | -29.5% |
Cost of goods sold | | | 496.9 | 449.3 | 418.6 | 388.2 | 361.0 | 413.9 |
Gross profit | | | 249.3 | 214.2 | 194.2 | 178.5 | 164.6 | 171.6 |
Gross margin | | | 33.4% | 32.3% | 31.7% | 31.5% | 31.3% | 29.3% |
Selling, general and administrative [+] | | | 203.5 | 195.1 | 187.8 | 186.6 | 181.6 | 186.3 |
Sales and marketing | | | | 148.5 | 141.2 | 140.0 | | 135.0 |
General and administrative | | | 55.0 | | | | 46.6 | |
Research and development | | | 196.4 | 193.3 | 191.2 | 186.5 | 177.8 | 179.2 |
Other operating expenses | | | 97.5 | 146.9 | 134.7 | 121.7 | 117.5 | 50.8 |
EBITDA [+] | | | -118.3 | -190.9 | -187.3 | -188.2 | -191.4 | -123.1 |
EBITDA growth | | | -38.2% | 55.1% | 66.6% | 61.3% | 106.9% | 114.1% |
EBITDA margin | | | -15.9% | -28.8% | -30.6% | -33.2% | -36.4% | -21.0% |
Depreciation and amortization | | | 129.8 | 130.2 | 132.2 | 128.1 | 120.9 | 121.6 |
EBIT [+] | | | -248.1 | -321.1 | -319.5 | -316.3 | -312.3 | -244.7 |
EBIT growth | | | -20.6% | 31.2% | 37.0% | 32.1% | 44.3% | 37.7% |
EBIT margin | | | -33.2% | -48.4% | -52.1% | -55.8% | -59.4% | -41.8% |
Non-recurring items [+] | | | | 0.5 | 1.2 | 1.1 | 1.6 | 0.8 |
Loss (gain) on sale of assets | | | | 0.5 | 1.2 | 1.1 | 1.6 | 0.8 |
Interest expense, net [+] | | | 1.3 | 3.0 | 3.9 | 4.1 | 4.0 | -3.8 |
Interest expense | | | 13.1 | 14.1 | 14.1 | 14.1 | 14.1 | 5.9 |
Interest income | | | 11.8 | 11.1 | 10.2 | 10.0 | 10.1 | 9.7 |
Other income (expense), net [+] | | | -29.0 | -32.1 | -35.5 | | -22.3 | 4.1 |
Other | | | -38.3 | -9.5 | -5.2 | -36.1 | -26.3 | 30.1 |
Pre-tax income | | | -278.1 | -356.7 | -360.1 | -333.9 | -340.2 | -237.6 |
Income taxes | | | 9.0 | 13.8 | 10.4 | 2.2 | 1.1 | -2.6 |
Tax rate | | | | | | | | 1.1% |
Minority interest | | | | | | | 1.4 | |
Earnings from continuing ops | | | -287.1 | -371.9 | -371.9 | -337.5 | -342.7 | -235.6 |
Earnings from discontinued ops | | | 94.2 | | | | -181.2 | -178.8 |
Net income | | | -192.9 | -374.3 | -415.9 | -409.9 | -523.9 | -414.4 |
Net margin | | | -25.9% | -56.4% | -67.9% | -72.3% | -99.7% | -70.8% |
|
Basic EPS [+] | | | ($2.41) | ($3.17) | ($3.25) | ($2.99) | ($3.08) | ($2.14) |
Growth | | | -21.7% | 48.5% | 53.5% | 38.3% | 68.5% | 18.8% |
Diluted EPS [+] | | | ($2.41) | ($3.17) | ($3.25) | ($2.99) | ($3.08) | ($2.14) |
Growth | | | -21.7% | 48.5% | 53.5% | 38.3% | 68.5% | 18.8% |
|
Shares outstanding (basic) [+] | | | 119.2 | 117.3 | 114.6 | 113.0 | 111.4 | 110.3 |
Growth | | | 7.0% | 6.3% | 5.0% | 4.2% | 3.4% | 3.4% |
Shares outstanding (diluted) [+] | | | 119.2 | 117.3 | 114.6 | 113.0 | 111.4 | 110.3 |
Growth | | | 7.0% | 6.3% | 5.0% | 4.2% | 3.4% | 3.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |