Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 0.0 | 0.0 | 0.0 | 220.0 | 44.6 | 1,147.7 | 1,229.4 | 1,019.5 |
Revenue growth | | | -100.0% | 393.5% | -96.1% | -6.6% | 20.6% | 9.5% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 642.1 | 533.3 | -520.7 | 528.2 | 495.8 |
Gross profit | 0.0 | 0.0 | 0.0 | -422.1 | -488.7 | 1,668.4 | 701.2 | 523.7 |
Gross margin | | | | -191.8% | -1096.2% | 145.4% | 57.0% | 51.4% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | | | | | |
General and administrative | 0.0 | 0.0 | 0.0 | 65.4 | 62.2 | 56.1 | 72.6 | 67.5 |
EBIT | 0.0 | 0.0 | 0.0 | 319.1 | 213.4 | 288.9 | 361.1 | 268.4 |
EBIT margin | | | | 145.0% | 478.7% | 25.2% | 29.4% | 26.3% |
Pre-tax income | 0.0 | 0.0 | 0.0 | -101.3 | -299.5 | 53.3 | 78.8 | 19.8 |
Income taxes | 0.0 | 0.0 | 0.0 | 22.7 | -0.1 | 8.8 | -21.4 | 2.2 |
Tax rate | | | | | 0.0% | 16.5% | | 11.0% |
Net income | 0.0 | 0.0 | 0.0 | -147.1 | -339.5 | -13.0 | 31.2 | -19.4 |
Net margin | | | | -66.9% | -761.5% | -1.1% | 2.5% | -1.9% |
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Diluted EPS | | | $0.00 | ($0.36) | ($1.48) | ($0.10) | $0.32 | ($0.22) |
Shares outstanding (diluted) | | | 410.7 | 410.3 | 229.9 | 124.7 | 98.6 | 86.2 |
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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. |
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