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 | 272.7 | 208.6 | 259.0 | 287.9 | 245.1 | 212.5 | 242.0 | 289.6 |
Revenue growth | 30.7% | -19.4% | -10.1% | 17.5% | 15.4% | -12.2% | -16.5% | 22.6% |
Cost of goods sold | 244.1 | 179.9 | 220.4 | 260.2 | 203.6 | 172.6 | 185.0 | 246.1 |
Gross profit | 28.6 | 28.7 | 38.5 | 27.7 | 41.5 | 39.9 | 57.0 | 43.5 |
Gross margin | 10.5% | 13.7% | 14.9% | 9.6% | 16.9% | 18.8% | 23.6% | 15.0% |
Selling, general and administrative | | | | | | | | |
General and administrative | 30.8 | 24.9 | 24.4 | 22.5 | 22.4 | 20.4 | 20.2 | 17.5 |
EBITA | -1.2 | 4.8 | 15.1 | 6.4 | 20.1 | 19.1 | 32.6 | 24.9 |
EBITA margin | -0.5% | 2.3% | 5.8% | 2.2% | 8.2% | 9.0% | 13.5% | 8.6% |
Amortization of intangibles | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 | 0.5 |
EBIT | -3.1 | 2.9 | 13.3 | 4.5 | 18.3 | 17.2 | 30.7 | 24.4 |
EBIT margin | -1.1% | 1.4% | 5.1% | 1.6% | 7.5% | 8.1% | 12.7% | 8.4% |
Pre-tax income | 2.6 | 1.0 | -16.5 | -2.4 | 15.3 | 29.9 | 28.4 | 22.7 |
Income taxes | -2.4 | -4.0 | -3.6 | -0.6 | -6.2 | 10.5 | 9.8 | 7.1 |
Tax rate | | | 21.7% | 27.2% | | 35.1% | 34.4% | 31.5% |
Earnings from continuing ops | 5.0 | 5.0 | -12.9 | -1.7 | 21.5 | 19.4 | 18.6 | 15.6 |
Earnings from discontinued ops | | 0.0 | 0.0 | 0.0 | -3.5 | | | |
Net income | 5.0 | 31.2 | -15.0 | -2.3 | 18.0 | 19.4 | 18.6 | 15.6 |
Net margin | 1.8% | 14.9% | -5.8% | -0.8% | 7.3% | 9.1% | 7.7% | 5.4% |
|
Diluted EPS | $0.20 | $0.20 | ($0.52) | ($0.07) | $0.86 | $0.78 | $0.74 | $0.63 |
Shares outstanding (diluted) | 25.1 | 25.4 | 24.7 | 24.4 | 25.1 | 25.0 | 25.2 | 24.9 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |