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 | 244.7 | 222.8 | 209.9 | 200.0 | 191.6 | 171.9 | 0.9 | 137.4 |
| Revenue growth | 9.8% | 6.2% | 4.9% | 4.4% | 11.4% | 18427.2% | -99.3% | 3.8% |
| Cost of goods sold | 64.8 | 63.6 | 55.3 | 54.0 | 52.8 | 49.9 | 45.9 | 42.7 |
| Gross profit | 179.9 | 159.2 | 154.6 | 146.0 | 138.8 | 122.0 | -45.0 | 94.7 |
| Gross margin | 73.5% | 71.5% | 73.7% | 73.0% | 72.4% | 71.0% | -4848.5% | 68.9% |
| Selling, general and administrative | 25.1 | 25.3 | 22.9 | 20.6 | 18.7 | 16.4 | 15.2 | 14.0 |
| General and administrative | 19.3 | 19.7 | 17.2 | 15.1 | 13.5 | 11.8 | 11.4 | 10.4 |
| EBIT | 154.9 | 133.9 | 131.6 | 125.4 | 120.1 | 105.6 | -60.2 | 80.7 |
| EBIT margin | 63.3% | 60.1% | 62.7% | 62.7% | 62.7% | 61.4% | -6487.1% | 58.7% |
| Pre-tax income | 125.2 | 117.4 | 103.9 | 107.4 | 98.9 | 89.6 | 77.2 | 69.2 |
| Income taxes | 21.3 | 21.7 | 19.5 | 20.3 | 18.5 | 32.3 | 25.1 | 22.8 |
| Tax rate | 17.1% | 18.5% | 18.8% | 18.9% | 18.7% | 36.0% | 32.5% | 33.0% |
| Net income | 103.8 | 95.7 | 84.3 | 87.0 | 80.4 | 57.3 | 52.1 | 46.4 |
| Net margin | 42.4% | 43.0% | 40.2% | 43.5% | 42.0% | 33.3% | 5612.5% | 33.7% |
| |
| Diluted EPS | $4.04 | $3.74 | $3.30 | $3.38 | $3.13 | $2.23 | $2.05 | $1.84 |
| Shares outstanding (diluted) | 25.7 | 25.6 | 25.6 | 25.8 | 25.7 | 25.7 | 25.5 | 25.2 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|