Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 246.2 | 194.9 | 171.9 |
| Revenue growth | 26.3% | 13.4% | |
| Cost of goods sold | 42.6 | 37.9 | 35.8 |
| Gross profit | 203.7 | 157.0 | 136.0 |
| Gross margin | 82.7% | 80.6% | 79.2% |
| Sales and marketing | 76.4 | 61.3 | 61.6 |
| Research and development | 65.5 | 54.4 | 46.6 |
| General and administrative | 47.9 | 32.1 | 29.4 |
| EBITA | 83.7 | 10.5 | -1.5 |
| EBITA margin | 34.0% | 5.4% | -0.9% |
| Amortization of intangibles | 2.0 | 1.3 | |
| EBIT | 81.7 | 9.2 | -1.5 |
| EBIT margin | 33.2% | 4.7% | -0.9% |
| Pre-tax income | 82.3 | 11.4 | 1.4 |
| Income taxes | 10.9 | 5.6 | 3.3 |
| Tax rate | 13.3% | 49.3% | 232.6% |
| Net income | 70.4 | -9.3 | -10.0 |
| Net margin | 28.6% | -4.8% | -5.8% |
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| Diluted EPS | $0.44 | ($0.08) | ($0.08) |
| Shares outstanding (diluted) | 161.5 | 123.7 | 121.6 |
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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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