Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 446.5 | 531.6 | 430.0 | 416.4 | 378.5 |
Revenue growth | -16.0% | 23.6% | 3.3% | 10.0% | |
Cost of goods sold | 554.6 | 667.7 | 776.9 | 485.9 | 420.8 |
Gross profit | -108.1 | -136.1 | -346.9 | -69.5 | -42.3 |
Gross margin | -24.2% | -25.6% | -80.7% | -16.7% | -11.2% |
Selling, general and administrative | 250.8 | 254.6 | 255.0 | 262.4 | 252.1 |
General and administrative | 161.9 | 166.2 | 170.4 | 173.9 | 159.1 |
EBITA | 82.6 | 111.7 | -35.6 | 92.8 | 82.9 |
EBITA margin | 18.5% | 21.0% | -8.3% | 22.3% | 21.9% |
Amortization of intangibles | 2.3 | 2.3 | 7.5 | 7.8 | 7.8 |
EBIT | 80.3 | 109.4 | -43.1 | 85.0 | 75.1 |
EBIT margin | 18.0% | 20.6% | -10.0% | 20.4% | 19.8% |
Pre-tax income | 89.1 | 153.1 | -78.7 | 62.3 | 65.1 |
Income taxes | 9.6 | 11.0 | 4.5 | 2.3 | 1.4 |
Tax rate | 10.8% | 7.2% | | 3.7% | 2.1% |
Net income | 79.5 | 142.1 | -83.2 | 60.0 | 63.7 |
Net margin | 17.8% | 26.7% | -19.4% | 14.4% | 16.8% |
|
Diluted EPS | $0.42 | $0.75 | ($0.45) | | |
Shares outstanding (diluted) | 188.6 | 189.1 | 184.2 | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|