Financial Summary (All financials)
| 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 |
| Revenues | 2,166.0 | 1,868.3 | 1,727.8 | 1,945.7 | 1,919.7 | 1,635.1 | 9.4 | 1,107.3 |
| Revenue growth | 15.9% | 8.1% | -11.2% | 1.4% | 17.4% | 17294.7% | -99.2% | 12.5% |
| Cost of goods sold | 1,911.0 | 1,648.7 | 1,504.3 | 1,682.1 | 1,686.1 | 1,445.3 | 148.9 | 790.4 |
| Gross profit | 255.0 | 219.6 | 223.5 | 263.6 | 233.6 | 189.8 | -139.5 | 316.9 |
| Gross margin | 11.8% | 11.8% | 12.9% | 13.5% | 12.2% | 11.6% | -1484.0% | 28.6% |
| Selling, general and administrative | 441.9 | 401.1 | 358.5 | 396.4 | 346.8 | 325.2 | 267.4 | 207.0 |
| Research and development | | | | | | | | 18.2 |
| EBITA | 218.6 | 203.9 | 209.8 | 231.8 | 213.1 | 165.1 | 124.2 | 96.1 |
| EBITA margin | 10.1% | 10.9% | 12.1% | 11.9% | 11.1% | 10.1% | 1321.3% | 8.7% |
| Amortization of intangibles | 43.2 | 38.2 | 34.6 | 30.1 | 22.3 | 19.6 | 10.9 | 7.1 |
| EBIT | 175.4 | 165.7 | 175.2 | 201.7 | 190.8 | 145.5 | 113.3 | 89.0 |
| EBIT margin | 8.1% | 8.9% | 10.1% | 10.4% | 9.9% | 8.9% | 1205.3% | 8.0% |
| Pre-tax income | 154.2 | 152.7 | 145.5 | 166.9 | 129.0 | 132.2 | 94.0 | 82.2 |
| Income taxes | 23.5 | 34.3 | 36.7 | 37.6 | 24.6 | 50.1 | 26.0 | 26.2 |
| Tax rate | 15.2% | 22.5% | 25.2% | 22.5% | 19.1% | 37.9% | 27.7% | 31.9% |
| Net income | 130.7 | 118.4 | 108.8 | 129.0 | 104.1 | 80.5 | 67.6 | 55.9 |
| Net margin | 6.0% | 6.3% | 6.3% | 6.6% | 5.4% | 4.9% | 719.1% | 5.0% |
| |
| Diluted EPS | $4.07 | $3.69 | $3.39 | $4.04 | $3.24 | $2.57 | $2.28 | $1.88 |
| Shares outstanding (diluted) | 32.1 | 32.1 | 32.1 | 32.0 | 32.2 | 31.9 | 29.8 | 29.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|