Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-25-21 | Dec-26-20 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-26-15 |
| Revenues | 1,573.2 | 1,425.2 | 1,355.6 | 1,298.9 | 943.4 | 740.7 | 870.1 | 886.7 |
| Revenue growth | 10.4% | 5.1% | 4.4% | 37.7% | 27.4% | -14.9% | -1.9% | 32.7% |
| Cost of goods sold | 1,037.5 | 927.2 | 946.8 | 972.9 | 622.2 | 496.7 | 476.4 | 483.2 |
| Gross profit | 535.8 | 498.0 | 408.8 | 325.9 | 321.2 | 244.0 | 393.7 | 403.5 |
| Gross margin | 34.1% | 34.9% | 30.2% | 25.1% | 34.0% | 32.9% | 45.2% | 45.5% |
| Sales and marketing | 146.4 | 138.8 | 129.6 | 151.4 | 124.2 | 109.5 | 111.7 | 101.4 |
| Research and development | 306.2 | 299.9 | 265.6 | 288.0 | 244.3 | 224.4 | 232.1 | 180.7 |
| General and administrative | 118.6 | 115.4 | 112.2 | 126.4 | 81.0 | 70.6 | 67.6 | 61.6 |
| EBITA | -12.1 | -35.0 | -63.5 | -148.8 | -102.2 | -120.9 | 2.0 | 59.7 |
| EBITA margin | -0.8% | -2.5% | -4.7% | -11.5% | -10.8% | -16.3% | 0.2% | 6.7% |
| Amortization of intangibles | 37.7 | 37.1 | 47.8 | 59.9 | 52.8 | 26.6 | 25.9 | |
| EBIT | -49.8 | -72.1 | -111.3 | -208.7 | -155.0 | -147.5 | -23.9 | 59.7 |
| EBIT margin | -3.2% | -5.1% | -8.2% | -16.1% | -16.4% | -19.9% | -2.7% | 6.7% |
| Pre-tax income | -55.5 | -158.8 | -200.7 | -383.7 | -215.0 | -195.9 | -29.2 | 52.0 |
| Income taxes | 20.5 | 12.0 | 6.0 | 3.0 | -0.7 | -1.4 | -4.8 | 1.1 |
| Tax rate | | | | | 0.3% | 0.7% | 16.3% | 2.1% |
| Net income | -76.0 | -170.8 | -206.7 | -386.6 | -214.3 | -194.5 | -23.9 | 51.4 |
| Net margin | -4.8% | -12.0% | -15.2% | -29.8% | -22.7% | -26.3% | -2.7% | 5.8% |
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| Diluted EPS | ($0.35) | ($0.82) | ($1.10) | ($2.16) | ($1.36) | ($1.32) | ($0.17) | $0.36 |
| Shares outstanding (diluted) | 216.4 | 207.4 | 188.2 | 179.0 | 157.7 | 147.9 | 143.0 | 143.2 |
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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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