Financial Summary (All financials)
| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| Revenues | 3,626.6 | 3,682.4 | 3,366.0 | 3,093.7 | 1,576.7 | 1,311.5 | 1,210.2 | 942.4 |
| Revenue growth | -1.5% | 9.4% | 8.8% | 96.2% | 20.2% | 8.4% | 28.4% | 24.0% |
| Cost of goods sold | 2,675.3 | 2,773.2 | 2,570.5 | 2,351.8 | 1,215.3 | 1,016.4 | 953.6 | 727.7 |
| Gross profit | 951.3 | 909.2 | 795.5 | 742.0 | 361.4 | 295.1 | 256.5 | 214.7 |
| Gross margin | 26.2% | 24.7% | 23.6% | 24.0% | 22.9% | 22.5% | 21.2% | 22.8% |
| Selling, general and administrative | 727.6 | 680.3 | 619.5 | 571.8 | 306.8 | 229.3 | 200.6 | 221.2 |
| EBITA | 182.5 | 189.3 | 132.9 | 131.7 | 38.9 | 54.3 | 46.7 | -14.6 |
| EBITA margin | 5.0% | 5.1% | 3.9% | 4.3% | 2.5% | 4.1% | 3.9% | -1.5% |
| Amortization of intangibles | 18.0 | 15.0 | 16.0 | 20.7 | 3.6 | | 1.3 | 1.5 |
| EBIT | 164.5 | 174.3 | 116.9 | 111.0 | 35.2 | 54.3 | 45.4 | -16.1 |
| EBIT margin | 4.5% | 4.7% | 3.5% | 3.6% | 2.2% | 4.1% | 3.8% | -1.7% |
| Pre-tax income | 146.5 | 156.9 | 81.8 | 45.1 | -14.5 | 28.5 | 27.9 | -22.7 |
| Income taxes | 36.6 | 37.2 | 24.4 | 14.3 | -9.7 | -65.6 | 6.3 | -8.1 |
| Tax rate | 25.0% | 23.7% | 29.8% | 31.6% | 66.7% | | 22.5% | 35.7% |
| Net income | 109.8 | 119.7 | 57.4 | 30.9 | -4.8 | 94.0 | 21.7 | -24.0 |
| Net margin | 3.0% | 3.3% | 1.7% | 1.0% | -0.3% | 7.2% | 1.8% | -2.5% |
| |
| Diluted EPS | $1.63 | $1.77 | $0.85 | $0.46 | ($0.12) | $2.39 | $0.56 | ($1.83) |
| Shares outstanding (diluted) | 67.3 | 67.7 | 67.4 | 66.6 | 41.3 | 39.3 | 38.9 | 13.2 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|