Financial Summary (All financials)
| In millions, except per share items | Jun-30-22 | Dec-31-21 | Jun-30-21 | Jun-30-20 |
| Revenues | 1,417.4 | 0.0 | 1,323.6 | 775.6 |
| Revenue growth | 7.1% | | 70.7% | |
| Cost of goods sold | 13.0 | 1.0 | 7.8 | 656.5 |
| Gross profit | 1,404.4 | -1.0 | 1,315.8 | 119.1 |
| Gross margin | 99.1% | | 99.4% | 15.4% |
| Selling, general and administrative | 58.1 | 0.0 | 57.2 | 50.0 |
| EBITA | 47.0 | -1.0 | 57.3 | 17.9 |
| EBITA margin | 3.3% | | 4.3% | 2.3% |
| Amortization of intangibles | 5.2 | | 5.8 | 8.7 |
| EBIT | 41.8 | -1.0 | 51.5 | 9.3 |
| EBIT margin | 3.0% | | 3.9% | 1.2% |
| Pre-tax income | 38.0 | 3.2 | 45.0 | 5.7 |
| Income taxes | 9.4 | 0.0 | 10.8 | 0.4 |
| Tax rate | 24.8% | 0.0% | 24.0% | 6.6% |
| Net income | 28.6 | 3.2 | 34.2 | 5.4 |
| Net margin | 2.0% | | 2.6% | 0.7% |
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| Diluted EPS | $0.60 | $0.25 | $0.72 | $0.11 |
| Shares outstanding (diluted) | 47.5 | 13.1 | 47.5 | 47.5 |
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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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