In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Sep-30-18 | Sep-30-17 | Sep-24-16 |
| 10-K | 10-K | 10-K | 10-K | 8-K | 10-K/A | 10-K | 10-K |
Revenues: |
Service | 251.8 | 183.3 | 178.7 | 134.5 | | 130.9 | 107.5 | 112.2 |
Hardware | | | | | | 10.5 | 15.0 | 7.6 |
Other | 33.6 | 25.6 | 21.1 | 18.9 | | | | |
Total revenues [+] | 285.4 | 208.9 | 199.8 | 153.4 | 140.7 | 141.4 | 122.5 | 119.8 |
Products | | | | | | | | 7.6 |
Services | | | | | 130.6 | | | 112.2 |
Net interest income | | | | 12.3 | | | | |
Revenue growth [+] | 36.6% | 4.6% | 30.2% | 9.0% | | 15.4% | 2.3% | -6.1% |
Service | 37.4% | 2.6% | 32.9% | | | 21.8% | -4.2% | -2.7% |
Hardware | | | | | | -30.2% | 98.7% | -38.2% |
Cost of goods sold [+] | 49.3 | 34.3 | 30.1 | 25.4 | -31.3 | -30.8 | 53.7 | -20.4 |
Cost of product sales | 22.7 | 16.4 | 14.4 | 12.9 | | | | -3.8 |
Cost of services | | | | | -23.4 | | | -16.6 |
Gross profit | 236.1 | 174.6 | 169.7 | 128.0 | 172.0 | 172.2 | 68.8 | 140.2 |
Gross margin | 82.7% | 83.6% | 84.9% | 83.4% | 122.2% | 121.8% | 56.1% | 117.0% |
Selling, general and administrative [+] | 126.4 | 110.2 | 89.6 | 79.4 | 59.0 | 60.1 | 58.3 | 60.7 |
General and administrative | 126.4 | 110.2 | 89.6 | 79.4 | | | | |
Equity in earnings | | | -0.5 | -0.1 | | | | |
Other operating expenses | 22.7 | 16.4 | 14.4 | 12.9 | 76.4 | 69.0 | | 50.7 |
EBITDA [+] | 87.0 | 48.0 | 65.2 | 35.6 | 36.6 | 43.1 | 10.5 | 28.8 |
EBITDA growth | 81.3% | -26.4% | 83.1% | -2.7% | | 310.4% | -63.5% | -23.5% |
EBITDA margin | 30.5% | 23.0% | 32.6% | 23.2% | 26.0% | 30.5% | 8.6% | 24.0% |
Depreciation | 36.0 | 46.1 | 49.9 | 38.5 | 41.9 | 38.4 | 30.6 | 31.4 |
EBITA | 51.0 | 1.9 | 15.3 | -2.9 | -5.3 | 4.7 | -20.1 | -2.6 |
EBITA margin | 17.9% | 0.9% | 7.7% | -1.9% | -3.8% | 3.3% | -16.4% | -2.2% |
Amortization of intangibles | 1.6 | 0.9 | 2.4 | 3.5 | | 3.4 | 3.2 | 3.6 |
EBIT [+] | 49.4 | 1.0 | 12.9 | -6.4 | -5.3 | 1.3 | -23.3 | -6.2 |
EBIT growth | 4840.0% | -92.2% | -301.6% | 20.8% | | -105.6% | 273.4% | 248.1% |
EBIT margin | 17.3% | 0.5% | 6.5% | -4.2% | -3.8% | 0.9% | -19.0% | -5.2% |
Non-recurring items [+] | 0.5 | 1.6 | 7.0 | 6.7 | | 8.6 | -11.4 | -5.0 |
Asset impairment | | | | | | 7.7 | | |
Interest expense, net [+] | 25.4 | 44.3 | 30.0 | 27.7 | 19.6 | 20.4 | 29.3 | 58.0 |
Interest expense | 25.4 | 44.3 | 30.0 | 27.7 | 19.8 | 20.6 | 29.4 | 58.3 |
Interest income | | | | | 0.2 | 0.2 | 0.1 | 0.3 |
Other income (expense), net [+] | 2.0 | 6.6 | -7.9 | -0.2 | 4.0 | 41.2 | -7.7 | -0.2 |
Gain (loss) on derivative instruments | | | | 3.0 | | -5.5 | -0.4 | |
Unrealized gain/loss on derivatives | | 0.9 | -3.2 | -4.1 | -4.9 | | | |
Gain (loss) on foreign currency transactions | | | | | -0.1 | | | |
Other non-ooperating expenses | | | | | | | | -0.2 |
Other | 1.1 | 5.7 | -4.7 | 3.2 | | 4.1 | -0.2 | |
Pre-tax income | 25.5 | -38.3 | -32.0 | -41.0 | -20.9 | 13.5 | -48.9 | -59.6 |
Income taxes | 3.2 | -1.6 | 0.4 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 |
Tax rate | 12.5% | 4.2% | | | | 1.5% | | |
Net income | 22.3 | -36.7 | -32.4 | -41.1 | -21.1 | 13.3 | -49.1 | -59.9 |
Net margin | 7.8% | -17.6% | -16.2% | -26.8% | -15.0% | 9.4% | -40.1% | -50.0% |
|
Basic EPS [+] | $0.84 | ($1.60) | ($1.45) | ($1.88) | ($1.01) | $0.64 | ($2.68) | ($5.11) |
Growth | -152.6% | 10.8% | -22.9% | 85.9% | | -123.9% | -47.4% | -2.3% |
Diluted EPS [+] | $0.77 | ($1.60) | ($1.45) | ($1.88) | ($1.01) | $0.59 | ($2.68) | ($5.11) |
Growth | -147.9% | 10.8% | -22.9% | 85.9% | | -122.0% | -47.4% | -2.3% |
|
Shares outstanding (basic) [+] | 26.4 | 22.9 | 22.4 | 21.9 | 20.9 | 20.8 | 18.3 | 11.7 |
Growth | 15.5% | 2.2% | 2.3% | 4.8% | | 13.4% | 56.1% | 2.4% |
Shares outstanding (diluted) [+] | 29.0 | 22.9 | 22.4 | 21.9 | 20.9 | 22.5 | 18.3 | 11.7 |
Growth | 26.8% | 2.2% | 2.3% | 4.8% | | 23.2% | 56.1% | 2.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |