Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
Revenues | 867.9 | 698.1 | 550.8 |
Revenue growth | 24.3% | 26.7% | |
Cost of goods sold | 715.1 | 552.7 | 443.6 |
Gross profit | 152.8 | 145.4 | 107.2 |
Gross margin | 17.6% | 20.8% | 19.5% |
Selling, general and administrative | 130.0 | 128.5 | 115.6 |
EBITA | 30.5 | 23.9 | 4.9 |
EBITA margin | 3.5% | 3.4% | 0.9% |
Amortization of intangibles | 6.8 | 6.7 | 5.6 |
EBIT | 23.7 | 17.2 | -0.7 |
EBIT margin | 2.7% | 2.5% | -0.1% |
Pre-tax income | -55.4 | -24.7 | -146.4 |
Income taxes | 0.1 | -3.4 | -17.5 |
Tax rate | | 13.6% | 12.0% |
Net income | -77.6 | -46.2 | -147.7 |
Net margin | -8.9% | -6.6% | -26.8% |
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Diluted EPS | ($1.60) | ($1.34) | ($4.32) |
Shares outstanding (diluted) | 48.4 | 34.5 | 34.2 |
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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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