Financial Summary (All financials)
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 | 0.0 | 613.1 | 796.0 | 1,360.9 | 1,215.3 | 0.0 | 1,687.3 | 2,101.7 |
Revenue growth | -100.0% | -23.0% | -41.5% | 12.0% | | -100.0% | -19.7% | -12.8% |
Cost of goods sold | 0.0 | 351.2 | 481.6 | 977.4 | 868.2 | 596.4 | 0.0 | 0.0 |
Gross profit | 0.0 | 261.9 | 314.4 | 383.4 | 347.1 | -596.4 | 1,687.3 | 2,101.7 |
Gross margin | | 42.7% | 39.5% | 28.2% | 28.6% | | 100.0% | 100.0% |
Selling, general and administrative | 0.0 | 123.4 | 141.7 | 178.4 | 176.3 | 157.5 | 210.5 | 263.2 |
EBITA | 1.9 | 2.2 | 15.9 | 83.8 | 62.4 | 13.8 | 161.4 | 145.5 |
EBITA margin | | 0.4% | 2.0% | 6.2% | 5.1% | | 9.6% | 6.9% |
Amortization of intangibles | 1.4 | 1.6 | 1.5 | 2.4 | 2.8 | 3.7 | 5.1 | 6.4 |
EBIT | 0.5 | 0.6 | 14.4 | 81.4 | 59.6 | 10.1 | 156.3 | 139.1 |
EBIT margin | | 0.1% | 1.8% | 6.0% | 4.9% | | 9.3% | 6.6% |
Pre-tax income | 0.3 | -57.6 | -82.6 | 39.8 | 16.8 | -47.5 | 61.4 | 127.2 |
Income taxes | 0.0 | 28.4 | 25.3 | 39.4 | 22.7 | 124.2 | 39.4 | 79.0 |
Tax rate | 0.0% | | | 99.0% | 134.8% | | 64.3% | 62.2% |
Earnings from continuing ops | 0.3 | -86.0 | -107.9 | 0.4 | -5.9 | -171.8 | 21.9 | 48.1 |
Earnings from discontinued ops | 0.3 | -15.3 | 5.5 | 24.5 | 39.7 | -56.2 | 4.7 | 67.2 |
Net income | 0.3 | -101.3 | -102.4 | 24.9 | 33.9 | -227.9 | 26.6 | 115.3 |
Net margin | | -16.5% | -12.9% | 1.8% | 2.8% | | 1.6% | 5.5% |
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Diluted EPS | | ($2.63) | ($3.15) | $0.01 | ($0.17) | ($4.97) | $0.64 | $1.40 |
Shares outstanding (diluted) | | 32.8 | 34.3 | 35.5 | 35.0 | 34.6 | 34.3 | 34.3 |
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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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