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 | 1,126.3 | 959.0 | 1,014.5 | 1,074.7 | 996.4 | 1,145.3 | 1,075.3 | 1,111.6 |
Revenue growth | 17.4% | -5.5% | -5.6% | 7.9% | -13.0% | 6.5% | -3.3% | -6.5% |
Cost of goods sold | 781.6 | 665.2 | 706.5 | 736.3 | 669.7 | 788.9 | 773.7 | 826.5 |
Gross profit | 344.6 | 293.8 | 308.0 | 338.4 | 326.7 | 356.4 | 301.7 | 285.1 |
Gross margin | 30.6% | 30.6% | 30.4% | 31.5% | 32.8% | 31.1% | 28.1% | 25.6% |
Selling, general and administrative | 217.8 | 202.4 | 212.4 | 0.0 | 0.0 | 227.3 | 216.9 | 286.8 |
EBITA | 183.2 | 115.3 | 107.8 | 85.1 | 93.5 | 121.1 | 89.7 | -29.4 |
EBITA margin | 16.3% | 12.0% | 10.6% | 7.9% | 9.4% | 10.6% | 8.3% | -2.6% |
Amortization of intangibles | 11.3 | 12.0 | 13.0 | 12.6 | 10.1 | 8.9 | 4.9 | 2.3 |
EBIT | 171.9 | 103.3 | 94.8 | 72.5 | 83.4 | 112.2 | 84.8 | -31.7 |
EBIT margin | 15.3% | 10.8% | 9.3% | 6.7% | 8.4% | 9.8% | 7.9% | -2.9% |
Pre-tax income | 112.6 | 44.9 | 42.8 | 69.9 | 83.3 | 62.4 | 54.8 | -42.8 |
Income taxes | 39.2 | 14.9 | 8.0 | 13.9 | 46.4 | 17.9 | -45.1 | -34.2 |
Tax rate | 34.8% | 33.1% | 18.6% | 19.9% | 55.7% | 28.6% | | 79.9% |
Earnings from continuing ops | 71.6 | 28.8 | 33.4 | 55.2 | 36.2 | 43.6 | 100.9 | -8.8 |
Earnings from discontinued ops | 77.2 | 14.0 | -27.4 | 24.9 | 20.9 | -64.5 | -36.8 | 94.8 |
Net income | 148.8 | 42.8 | 6.0 | 80.1 | 57.1 | -20.8 | 64.1 | 86.1 |
Net margin | 13.2% | 4.5% | 0.6% | 7.5% | 5.7% | -1.8% | 6.0% | 7.7% |
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Diluted EPS | $0.86 | $0.35 | $0.40 | $0.65 | $0.43 | $0.51 | $1.14 | ($0.10) |
Shares outstanding (diluted) | 83.6 | 83.0 | 82.9 | 85.1 | 85.2 | 84.9 | 88.4 | 86.9 |
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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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