Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 2.0 | 2.1 | 2.0 | 2.0 | 1,404.6 | 1,368.6 | 1,172.7 | 1,153.0 |
Revenue growth | -4.8% | 5.0% | 0.0% | -99.9% | 2.6% | 16.7% | 1.7% | 0.3% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 7.9 | 7.9 | 6.3 | 7.3 | 8.6 |
Gross profit | 2.0 | 2.1 | 2.0 | -5.9 | 1,396.7 | 1,362.3 | 1,165.4 | 1,144.4 |
Gross margin | 100.0% | 100.0% | 100.0% | -295.0% | 99.4% | 99.5% | 99.4% | 99.3% |
Selling, general and administrative | 1,468.0 | 1,301.7 | 1,263.3 | 1,387.3 | 1,385.8 | 1,301.3 | 1,145.9 | 1,091.7 |
EBIT | 19.1 | 110.4 | 17.8 | 40.9 | 24.3 | 72.7 | 32.2 | 69.8 |
EBIT margin | 955.0% | 5257.1% | 890.0% | 2045.0% | 1.7% | 5.3% | 2.7% | 6.1% |
Pre-tax income | 14.4 | 105.5 | 12.1 | 35.0 | 18.8 | 67.3 | 26.8 | 61.3 |
Income taxes | 1.3 | 19.7 | -0.1 | 52.8 | -0.4 | 16.1 | -80.6 | 0.5 |
Tax rate | 9.0% | 18.7% | | 150.9% | | 23.9% | | 0.8% |
Net income | 13.1 | 85.8 | 12.2 | -17.8 | 19.2 | 51.2 | 107.4 | 60.8 |
Net margin | 655.0% | 4085.7% | 610.0% | -890.0% | 1.4% | 3.7% | 9.2% | 5.3% |
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Diluted EPS | $0.30 | $1.95 | $0.28 | ($0.42) | $0.46 | $1.23 | $2.61 | $1.49 |
Shares outstanding (diluted) | 44.3 | 44.0 | 43.4 | 42.1 | 42.0 | 41.6 | 41.2 | 40.7 |
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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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