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 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 1,430.1 | 1,262.7 | 1,160.9 | 1,064.8 | 941.4 | 941.5 | 865.3 | 767.2 |
| Revenue growth | 13.3% | 8.8% | 9.0% | 13.1% | 0.0% | 8.8% | 12.8% | -7.8% |
| Cost of goods sold | 616.3 | 564.0 | 567.3 | 540.5 | 490.1 | 458.3 | 434.3 | 410.9 |
| Gross profit | 813.8 | 698.7 | 593.6 | 524.3 | 451.3 | 483.2 | 431.0 | 356.3 |
| Gross margin | 56.9% | 55.3% | 51.1% | 49.2% | 47.9% | 51.3% | 49.8% | 46.4% |
| Selling, general and administrative | | | | | | | | |
| Sales and marketing | 25.7 | 18.5 | 14.7 | 26.3 | 24.4 | 21.5 | 21.2 | 22.0 |
| General and administrative | 13.6 | 15.0 | 15.5 | 18.7 | 17.6 | 21.2 | 18.5 | 18.0 |
| EBITA | 618.1 | 519.3 | 423.5 | 348.1 | 287.1 | 326.2 | 288.9 | 205.5 |
| EBITA margin | 43.2% | 41.1% | 36.5% | 32.7% | 30.5% | 34.6% | 33.4% | 26.8% |
| Amortization of intangibles | 5.0 | 4.8 | 6.5 | 5.5 | 5.8 | 7.3 | 8.7 | 8.2 |
| EBIT | 613.0 | 514.5 | 416.9 | 342.6 | 281.4 | 318.9 | 280.2 | 197.3 |
| EBIT margin | 42.9% | 40.7% | 35.9% | 32.2% | 29.9% | 33.9% | 32.4% | 25.7% |
| Pre-tax income | 532.0 | 429.1 | 338.9 | 286.0 | 223.6 | 236.3 | 198.6 | 128.3 |
| Income taxes | 100.3 | 76.0 | 52.4 | 42.4 | 27.3 | 53.4 | 45.0 | 31.7 |
| Tax rate | 18.9% | 17.7% | 15.5% | 14.8% | 12.2% | 22.6% | 22.6% | 24.7% |
| Earnings from continuing ops | 431.7 | 353.0 | 286.5 | 243.6 | 196.3 | 183.0 | 153.6 | 96.6 |
| Earnings from discontinued ops | | | | | -0.7 | 64.1 | 5.2 | 19.5 |
| Net income | 431.7 | 353.0 | 286.5 | 243.6 | 195.5 | 247.1 | 158.8 | 116.1 |
| Net margin | 30.2% | 28.0% | 24.7% | 22.9% | 20.8% | 26.2% | 18.4% | 15.1% |
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| Diluted EPS | $8.86 | $7.24 | $5.93 | $4.96 | $3.94 | $3.67 | $3.12 | $2.03 |
| Shares outstanding (diluted) | 48.7 | 48.7 | 48.3 | 49.1 | 49.8 | 49.8 | 49.3 | 47.6 |
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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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