In millions, except per share items | Jun-30-23 | Dec-31-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| 10-Q | 8-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
Revenues: |
Direct Customers, Contract Manufacturers and Non-stocking Distributors | | | 297.6 | 282.3 | 283.3 | 282.0 | 284.5 | 273.8 |
Stocking Distributors, Net of Sales Allowances | | | 56.0 | 63.3 | 63.5 | 58.2 | 52.8 | 39.9 |
All Other | | | 2.9 | 2.3 | 2.0 | 2.0 | 1.9 | 2.1 |
Non-recurring Engineering | | | 9.2 | 11.1 | 10.7 | 11.5 | 9.0 | 8.0 |
Other | | | | | | -0.3 | | |
Total revenues | | | 365.7 | 358.9 | 359.4 | 353.4 | 346.6 | 322.0 |
Revenue growth [+] | | | 5.5% | 11.5% | 21.2% | 28.3% | 29.3% | 23.5% |
Direct Customers, Contract Manufacturers and Non-stocking Distributors | | | 4.6% | 3.1% | 12.7% | 22.1% | 26.5% | 25.3% |
Stocking Distributors, Net of Sales Allowances | | | 6.1% | 58.6% | 67.4% | 48.2% | 34.1% | -2.6% |
All Other | | | 55.5% | 7.1% | -32.9% | -47.2% | -59.3% | -58.4% |
Non-recurring Engineering | | | 2.7% | 38.9% | 52.6% | 128.4% | 154.7% | 719.2% |
Royalties | | | 1210.1% | | | | | |
Cost of goods sold | | | 197.6 | 187.7 | 181.2 | 175.6 | 178.2 | 173.2 |
Gross profit | | | 168.1 | 171.1 | 178.2 | 177.8 | 168.4 | 148.8 |
Gross margin | | | 46.0% | 47.7% | 49.6% | 50.3% | 48.6% | 46.2% |
Selling, general and administrative [+] | | | 74.5 | 71.1 | 69.5 | 67.0 | 64.9 | 63.7 |
Sales and marketing | | | 55.9 | 52.5 | | 50.9 | 48.8 | 47.6 |
General and administrative | | | | | 18.6 | | | |
Research and development | | | 56.6 | 54.3 | 53.1 | 52.5 | 51.1 | 50.6 |
EBITDA [+] | | | 49.7 | 57.9 | 67.3 | 69.8 | 63.7 | 45.6 |
EBITDA growth | | | -21.9% | 26.8% | 136.8% | 298.1% | 266.3% | 159.8% |
EBITDA margin | | | 13.6% | 16.1% | 18.7% | 19.7% | 18.4% | 14.2% |
Depreciation and amortization | | | 12.8 | 12.2 | 11.7 | 11.4 | 11.2 | 11.2 |
EBIT [+] | | | 37.0 | 45.7 | 55.6 | 58.3 | 52.4 | 34.5 |
EBIT growth | | | -29.5% | 32.5% | 220.1% | 775.7% | 693.7% | 395.5% |
EBIT margin | | | 10.1% | 12.7% | 15.5% | 16.5% | 15.1% | 10.7% |
Other income (expense), net [+] | | | 0.8 | 1.1 | 1.2 | 1.4 | 1.3 | 1.2 |
Realized gain (loss) on investments | | | | | | 0.0 | | |
Other | | | 0.8 | 1.1 | 1.2 | 1.4 | 1.3 | 1.2 |
Pre-tax income | | | 37.8 | 46.8 | 56.8 | 59.7 | 53.8 | 35.6 |
Income taxes | | | 0.1 | 0.3 | 0.2 | 0.8 | 2.3 | 0.9 |
Tax rate | | | 0.2% | | 0.3% | | 4.3% | |
Minority interest | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Net income | | | 37.7 | 46.5 | 56.6 | 58.9 | 51.5 | 34.7 |
Net margin | | | 10.3% | 13.0% | 15.8% | 16.7% | 14.8% | 10.8% |
|
Basic EPS [+] | | | $0.86 | $1.06 | $1.30 | $1.36 | $1.19 | $0.82 |
Growth | | | -27.9% | 30.6% | 203.9% | 603.8% | 494.7% | 307.7% |
Diluted EPS [+] | | | $0.84 | $1.04 | $1.26 | $1.32 | $1.15 | $0.79 |
Growth | | | -27.3% | 31.8% | 203.8% | 600.6% | 492.4% | 302.7% |
|
|
Shares outstanding (basic) [+] | | | 43.8 | 43.7 | 43.6 | 43.2 | 43.1 | 42.6 |
Growth | | | 1.7% | 2.6% | 4.0% | 4.3% | 5.8% | 5.5% |
Shares outstanding (diluted) [+] | | | 45.0 | 44.9 | 44.9 | 44.6 | 44.6 | 44.2 |
Growth | | | 0.9% | 1.7% | 4.1% | 4.8% | 6.2% | 6.8% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |