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 | 2,257.1 | 1,689.9 | 1,766.9 | 1,718.5 | 1,150.1 | 655.8 | 477.9 | 265.3 |
| Revenue growth | 33.6% | -4.4% | 2.8% | 49.4% | 75.4% | 37.2% | 80.2% | 78.2% |
| Cost of goods sold | 403.8 | 302.2 | 328.8 | 277.6 | 231.3 | 171.2 | 142.0 | 83.6 |
| Gross profit | 1,853.2 | 1,387.8 | 1,438.1 | 1,440.9 | 918.8 | 484.6 | 335.9 | 181.7 |
| Gross margin | 82.1% | 82.1% | 81.4% | 83.8% | 79.9% | 73.9% | 70.3% | 68.5% |
| Sales and marketing | 591.7 | 455.6 | 465.3 | 527.4 | 275.5 | 148.3 | 126.1 | 120.4 |
| Research and development | 430.7 | 324.1 | 284.4 | 249.9 | 193.4 | 154.1 | 143.4 | |
| General and administrative | 133.5 | 101.2 | 90.7 | 43.8 | 42.3 | 41.2 | 28.9 | 26.5 |
| EBITA | 733.8 | 522.9 | 587.8 | 621.2 | 409.2 | 141.6 | 39.0 | -116.9 |
| EBITA margin | 32.5% | 30.9% | 33.3% | 36.1% | 35.6% | 21.6% | 8.2% | -44.1% |
| Amortization of intangibles | 22.2 | 5.7 | 3.4 | 1.3 | 0.6 | 0.7 | 1.5 | 1.2 |
| EBIT | 711.6 | 517.2 | 584.4 | 619.9 | 408.6 | 140.9 | 37.5 | -118.1 |
| EBIT margin | 31.5% | 30.6% | 33.1% | 36.1% | 35.5% | 21.5% | 7.8% | -44.5% |
| Pre-tax income | 550.7 | 375.9 | 602.4 | 668.8 | 417.1 | 110.0 | 36.8 | -64.3 |
| Income taxes | 138.8 | 61.3 | 109.6 | 96.2 | 66.7 | 4.3 | 2.6 | 1.1 |
| Tax rate | 25.2% | 16.3% | 18.2% | 14.4% | 16.0% | 3.9% | 7.0% | |
| Net income | 428.3 | 313.4 | 494.7 | 571.8 | 352.6 | 108.0 | 34.7 | -65.3 |
| Net margin | 19.0% | 18.5% | 28.0% | 33.3% | 30.7% | 16.5% | 7.3% | -24.6% |
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| Diluted EPS | $1.86 | $1.38 | $2.18 | $2.46 | $1.56 | $0.48 | $0.16 | ($0.35) |
| Shares outstanding (diluted) | 230.2 | 227.6 | 226.4 | 232.7 | 225.4 | 222.9 | 217.9 | 186.9 |
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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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