Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 1,469.3 | 1,391.1 | 1,268.2 | 1,107.0 | 1,152.1 | 921.3 | 793.1 | 650.1 |
Revenue growth | 5.6% | 9.7% | 14.6% | -3.9% | 25.1% | 16.2% | 22.0% | 137.6% |
Cost of goods sold | 1,247.0 | 1,180.6 | 1,109.1 | 980.3 | 1,017.4 | 789.4 | 675.3 | 563.9 |
Gross profit | 222.3 | 210.5 | 159.0 | 126.7 | 134.7 | 131.8 | 117.9 | 86.3 |
Gross margin | 15.1% | 15.1% | 12.5% | 11.4% | 11.7% | 14.3% | 14.9% | 13.3% |
Selling, general and administrative | | | | | | 11.0 | 9.2 | 8.3 |
General and administrative | 19.4 | 21.9 | 19.6 | 14.1 | 14.2 | | | |
EBITA | 43.1 | 62.7 | 22.5 | 9.8 | 9.9 | 26.4 | 14.0 | -3.2 |
EBITA margin | 2.9% | 4.5% | 1.8% | 0.9% | 0.9% | 2.9% | 1.8% | -0.5% |
Amortization of intangibles | 13.1 | 15.6 | 21.3 | 20.7 | 20.7 | 14.1 | 11.6 | 11.7 |
EBIT | 30.0 | 47.2 | 1.2 | -10.9 | -10.8 | 12.3 | 2.4 | -14.9 |
EBIT margin | 2.0% | 3.4% | 0.1% | -1.0% | -0.9% | 1.3% | 0.3% | -2.3% |
Pre-tax income | 30.0 | 47.2 | 1.2 | -12.3 | -11.7 | 10.0 | 2.4 | -14.9 |
Income taxes | 7.3 | 13.4 | -6.5 | 10.0 | -0.5 | -23.3 | 2.9 | 1.5 |
Tax rate | 24.3% | 28.4% | | | 4.1% | | 121.7% | |
Net income | -11.9 | -0.3 | -24.8 | -52.7 | -39.3 | 16.2 | -7.4 | -16.4 |
Net margin | -0.8% | 0.0% | -2.0% | -4.8% | -3.4% | 1.8% | -0.9% | -2.5% |
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Diluted EPS | ($0.08) | $0.00 | ($0.13) | ($0.29) | ($0.21) | $0.08 | ($0.04) | ($0.09) |
Shares outstanding (diluted) | 143.4 | 194.6 | 193.1 | 183.0 | 183.7 | 206.5 | 182.3 | 183.6 |
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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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