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 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Direct Customers, Contract Manufacturers and Non-stocking Distributors | | 283.3 | 251.4 | 222.7 | 254.8 | | | |
Stocking Distributors, Net of Sales Allowances | | 63.5 | 37.9 | 37.6 | 31.7 | | | |
All Other | | 2.0 | 3.0 | 5.3 | 5.7 | 5.5 | | |
Non-recurring Engineering | | 10.7 | 7.0 | 2.5 | 4.4 | | | |
Other | | | | | | 222.3 | | |
Total revenues | 399.1 | 359.4 | 296.6 | 263.0 | 291.2 | 227.8 | 200.3 | 220.2 |
Revenue growth [+] | 11.1% | 21.2% | 12.8% | -9.7% | 27.8% | 13.8% | -9.0% | -2.5% |
Direct Customers, Contract Manufacturers and Non-stocking Distributors | | 12.7% | 12.9% | -12.6% | | | | |
Stocking Distributors, Net of Sales Allowances | | 67.4% | 0.9% | 18.5% | | | | |
All Other | | -32.9% | -42.9% | -7.3% | 2.9% | | | |
Non-recurring Engineering | | 52.6% | 185.8% | -44.4% | | | | |
Royalties | | 1096.7% | 4.8% | -31.0% | | | | |
Cost of goods sold | 218.5 | 181.2 | 165.1 | 140.0 | 152.2 | 126.2 | 109.1 | 120.7 |
Gross profit | 180.6 | 178.2 | 131.4 | 123.0 | 139.0 | 101.7 | 91.2 | 99.5 |
Gross margin | 45.2% | 49.6% | 44.3% | 46.8% | 47.7% | 44.6% | 45.5% | 45.2% |
Selling, general and administrative | 86.3 | 69.5 | 63.2 | 62.6 | 62.2 | 58.1 | 55.7 | 58.3 |
Research and development | 60.6 | 53.1 | 50.9 | 46.6 | 44.3 | 44.9 | 41.8 | 41.5 |
Equity in earnings | | | | | | | | 5.0 |
Other operating expenses | 6.5 | | | | | | | |
EBITDA [+] | | 67.3 | 28.4 | 24.2 | 41.7 | 7.5 | 2.1 | 13.9 |
EBITDA growth | -59.6% | 136.8% | 17.7% | -42.1% | 453.8% | 254.7% | -84.7% | -604.4% |
EBITDA margin | 6.8% | 18.7% | 9.6% | 9.2% | 14.3% | 3.3% | 1.1% | 6.3% |
Depreciation | | 11.6 | 11.0 | 10.2 | 9.1 | 8.8 | 8.3 | 9.0 |
EBITA | 27.2 | 55.7 | 17.5 | 13.9 | 32.6 | -1.2 | -6.2 | 4.9 |
EBITA margin | 6.8% | 15.5% | 5.9% | 5.3% | 11.2% | -0.5% | -3.1% | 2.2% |
Amortization of intangibles | | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
EBIT [+] | 27.2 | 55.6 | 17.4 | 13.8 | 32.5 | -1.4 | -6.3 | 4.7 |
EBIT growth | -51.1% | 220.1% | 25.7% | -57.4% | -2486.8% | -78.5% | -233.4% | -137.7% |
EBIT margin | 6.8% | 15.5% | 5.9% | 5.3% | 11.1% | -0.6% | -3.2% | 2.1% |
Non-recurring items | | | | | 0.4 | | | |
Interest income | | 0.9 | 0.1 | 0.3 | 0.3 | 0.1 | 0.1 | 0.0 |
Interest income | | 0.9 | 0.1 | 0.3 | 0.3 | 0.1 | 0.1 | 0.0 |
Other income (expense), net [+] | 1.5 | 0.3 | 1.0 | 0.8 | 0.6 | 1.1 | 0.2 | -5.0 |
Realized gain (loss) on investments | | | | | 0.0 | 0.0 | 0.0 | 0.0 |
Other | | 1.2 | 1.1 | 1.1 | 0.9 | 1.3 | 0.3 | 0.0 |
Pre-tax income | 28.7 | 56.8 | 18.5 | 14.9 | 32.9 | -0.1 | -6.0 | -0.2 |
Income taxes | 3.3 | 0.2 | 0.5 | 0.8 | 1.1 | -0.4 | 0.2 | -0.4 |
Tax rate | 11.4% | 0.3% | 2.9% | 5.2% | 3.3% | 363.3% | | 165.7% |
Minority interest | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.2 |
Net income | 25.4 | 56.6 | 17.9 | 14.1 | 31.7 | 0.2 | -6.2 | 4.9 |
Net margin | 6.4% | 15.8% | 6.0% | 5.4% | 10.9% | 0.1% | -3.1% | 2.2% |
|
Basic EPS [+] | $0.58 | $1.30 | $0.42 | $0.35 | $0.80 | $0.00 | ($0.16) | $0.13 |
Growth | -55.4% | 205.6% | 21.5% | -56.1% | 18590.2% | -102.6% | -226.5% | -135.3% |
Diluted EPS [+] | $0.57 | $1.26 | $0.41 | $0.34 | $0.78 | $0.00 | ($0.16) | $0.13 |
Growth | -55.0% | 208.5% | 20.7% | -56.6% | 18525.7% | -102.6% | -227.8% | -135.0% |
|
|
Shares outstanding (basic) [+] | 44.0 | 43.7 | 42.2 | 40.3 | 39.9 | 39.2 | 38.8 | 38.8 |
Growth | 0.8% | 3.5% | 4.6% | 1.1% | 1.6% | 1.0% | 0.2% | 0.5% |
Shares outstanding (diluted) [+] | 44.9 | 45.0 | 43.9 | 41.7 | 40.7 | 39.9 | 38.8 | 39.1 |
Growth | -0.2% | 2.5% | 5.3% | 2.3% | 2.0% | 2.8% | -0.8% | 1.5% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |