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 | 1,419.2 | 1,169.1 | 1,240.5 | 1,498.6 | 1,419.3 | 1,339.7 | 1,486.4 | 1,136.8 |
| Revenue growth | 21.4% | -5.8% | -17.2% | 5.6% | 5.9% | -9.9% | 30.8% | 11.6% |
| Cost of goods sold | 139.3 | 122.8 | 133.9 | 275.9 | 204.4 | 191.2 | 345.8 | 123.5 |
| Gross profit | 1,279.9 | 1,046.3 | 1,106.6 | 1,222.7 | 1,214.9 | 1,148.5 | 1,140.6 | 1,013.3 |
| Gross margin | 90.2% | 89.5% | 89.2% | 81.6% | 85.6% | 85.7% | 76.7% | 89.1% |
| Selling, general and administrative | | | | | 344.1 | 340.9 | 333.5 | 135.7 |
| General and administrative | 259.2 | 252.0 | 264.3 | 340.5 | | | | |
| EBITA | 171.3 | 173.0 | 201.5 | 218.7 | 248.4 | 240.7 | 231.0 | 208.4 |
| EBITA margin | 12.1% | 14.8% | 16.2% | 14.6% | 17.5% | 18.0% | 15.5% | 18.3% |
| Amortization of intangibles | | | | | | 5.2 | 4.0 | |
| EBIT | 171.3 | 173.0 | 201.5 | 218.7 | 248.4 | 235.5 | 227.0 | 208.4 |
| EBIT margin | 12.1% | 14.8% | 16.2% | 14.6% | 17.5% | 17.6% | 15.3% | 18.3% |
| Pre-tax income | 110.9 | 122.1 | 178.9 | 158.6 | 186.9 | 175.6 | 166.8 | 162.2 |
| Income taxes | -26.9 | -39.5 | -6.6 | -15.5 | 14.7 | 19.8 | 25.3 | 36.7 |
| Tax rate | | | | | 7.9% | 11.3% | 15.2% | 22.6% |
| Net income | 169.2 | 174.2 | 185.6 | 174.1 | 172.2 | 155.3 | 141.1 | 124.8 |
| Net margin | 11.9% | 14.9% | 15.0% | 11.6% | 12.1% | 11.6% | 9.5% | 11.0% |
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| Diluted EPS | $3.22 | $3.36 | $3.59 | $3.38 | $3.38 | $3.14 | $2.92 | $2.90 |
| Shares outstanding (diluted) | 52.5 | 51.9 | 51.7 | 51.5 | 51.0 | 49.5 | 48.4 | 43.1 |
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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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