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: |
Product Solutions Segment | 5.5 | 36.2 | 35.8 | 17.0 | | | | |
Other | | | | | | | | 0.3 |
Other | 232.6 | 268.7 | 233.3 | 228.8 | | | | 588.7 |
Total revenues | 238.1 | 304.9 | 269.1 | 245.8 | 188.9 | 187.0 | 231.0 | 589.0 |
Revenue growth [+] | -21.9% | 13.3% | 9.5% | 30.1% | 1.0% | -19.1% | -60.8% | 9.3% |
Product Solutions Segment | -84.8% | 1.3% | 110.7% | | | | | |
Other | | | | | | | | -83.5% |
Services | | | | | | | | 18.2% |
Cost of goods sold | 231.1 | 273.5 | 235.0 | 214.9 | 160.2 | 169.1 | 199.8 | 536.4 |
Gross profit | 7.0 | 31.4 | 34.0 | 30.9 | 28.7 | 17.9 | 31.2 | 52.6 |
Gross margin | 3.0% | 10.3% | 12.6% | 12.6% | 15.2% | 9.6% | 13.5% | 8.9% |
Selling, general and administrative [+] | 27.0 | 24.4 | 24.3 | 25.2 | 32.2 | 38.3 | 46.3 | 81.6 |
Sales and marketing | 1.4 | 1.0 | 0.6 | 0.6 | 1.6 | 2.3 | 2.9 | 12.1 |
General and administrative | 25.6 | 23.4 | 23.7 | 24.6 | 30.5 | 36.0 | 43.4 | 69.5 |
Other operating expenses | | | | | | | | -3.2 |
EBITDA [+] | -20.0 | 7.1 | 9.7 | 5.7 | -3.4 | -20.4 | -15.1 | -23.4 |
EBITDA growth | -382.4% | -27.3% | 69.7% | -267.6% | -83.2% | 35.0% | -35.4% | -479.9% |
EBITDA margin | -8.4% | 2.3% | 3.6% | 2.3% | -1.8% | -10.9% | -6.5% | -4.0% |
Depreciation and amortization | 0.2 | 0.2 | 0.2 | 0.3 | 0.9 | 1.7 | 2.9 | 11.1 |
EBIT [+] | -20.2 | 6.9 | 9.5 | 5.4 | -4.3 | -22.0 | -18.0 | -34.4 |
EBIT growth | -393.5% | -27.9% | 75.7% | -227.0% | -80.6% | 22.7% | -47.8% | 810.1% |
EBIT margin | -8.5% | 2.3% | 3.5% | 2.2% | -2.3% | -11.8% | -7.8% | -5.8% |
Non-recurring items | | | | | 5.7 | | | 47.8 |
Interest expense | 5.5 | 5.0 | 6.1 | 6.0 | 9.0 | 14.6 | 8.3 | 4.5 |
Interest expense | 5.5 | 5.0 | 6.1 | 6.0 | 9.0 | 14.6 | 8.3 | 4.5 |
Other income (expense), net [+] | 11.5 | 1.6 | -0.1 | 2.0 | 0.8 | 0.3 | -9.2 | 1.0 |
Other | 11.5 | 1.6 | 1.4 | 2.0 | 0.8 | 0.0 | 0.3 | 0.0 |
Pre-tax income | -14.2 | 3.5 | 3.4 | 1.4 | -18.2 | -36.4 | -35.4 | -85.7 |
Income taxes | 0.0 | 0.8 | 1.4 | 0.3 | -4.4 | -6.4 | 1.4 | -6.9 |
Tax rate | 0.3% | 22.7% | 41.1% | 24.6% | 24.2% | 17.5% | | 8.1% |
Earnings from continuing ops | -14.2 | 2.7 | 2.0 | 1.0 | -13.8 | -30.0 | -36.8 | -78.7 |
Earnings from discontinued ops | 0.5 | 0.0 | -0.4 | 1.2 | -11.6 | -26.5 | -6.8 | |
Net income | -13.7 | 2.7 | 1.5 | 2.2 | -25.4 | -56.5 | -43.6 | -78.7 |
Net margin | -5.7% | 0.9% | 0.6% | 0.9% | -13.5% | -30.2% | -18.9% | -13.4% |
|
Basic EPS [+] | ($0.54) | $0.11 | $0.08 | $0.05 | ($0.76) | ($1.70) | ($2.12) | ($4.59) |
Growth | -613.9% | 26.5% | 53.2% | -107.2% | -55.5% | -19.9% | -53.7% | 65.3% |
Diluted EPS [+] | ($0.54) | $0.11 | $0.08 | $0.05 | ($0.76) | ($1.70) | ($2.12) | ($4.59) |
Growth | -613.9% | 26.5% | 53.2% | -107.2% | -55.5% | -19.9% | -53.7% | 65.3% |
|
|
Shares outstanding (basic) [+] | 26.0 | 25.5 | 23.7 | 18.7 | 18.2 | 17.7 | 17.3 | 17.2 |
Growth | 2.1% | 7.7% | 26.6% | 2.7% | 3.1% | 1.8% | 1.1% | 0.9% |
Shares outstanding (diluted) [+] | 26.0 | 25.5 | 23.7 | 18.7 | 18.2 | 17.7 | 17.3 | 17.2 |
Growth | 2.1% | 7.7% | 26.6% | 2.7% | 3.1% | 1.8% | 1.1% | 0.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |