| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Product | 351.0 | 400.7 | 423.5 | | 244.4 | 257.2 |
| Intellectual Property Licensing | 317.1 | 295.1 | 402.9 | | 281.8 | 285.2 |
| Canada | 68.1 | 40.0 | 37.7 | | | |
| As If Applying Prior Guidance | | 713.1 | | | | |
| Total revenues [+] | 668.1 | 695.9 | 826.5 | 649.1 | 526.3 | 542.3 |
| Products | | | | | 0.8 | 1.6 |
| License and services | | | | | 525.5 | 540.7 |
| Revenue growth [+] | -4.0% | -15.8% | 27.3% | 23.3% | -3.0% | |
| Product | -12.4% | -5.4% | | | -4.9% | |
| Intellectual Property Licensing | 7.5% | -26.8% | | | -1.2% | |
| Canada | 70.4% | 6.1% | | | | |
| Cost of goods sold | 166.9 | 178.6 | 195.4 | 158.7 | 103.0 | 96.1 |
| Gross profit | 501.2 | 517.3 | 631.1 | 490.4 | 423.3 | 446.2 |
| Gross margin | 75.0% | 74.3% | 76.4% | 75.5% | 80.4% | 82.3% |
| Selling, general and administrative | 191.4 | 181.0 | 205.0 | 192.8 | 155.2 | 138.9 |
| Research and development | 148.4 | 177.3 | 194.4 | 125.2 | 99.9 | 106.6 |
| Other operating expenses | | | | 123.7 | 94.4 | 95.4 |
| EBITDA [+] | 161.4 | 159.0 | 231.7 | 172.4 | 168.2 | 200.7 |
| EBITDA growth | 1.5% | -31.4% | 34.4% | 2.5% | -16.2% | |
| EBITDA margin | 24.2% | 22.8% | 28.0% | 26.6% | 32.0% | 37.0% |
| Depreciation | 21.2 | 21.5 | 22.1 | 18.7 | 17.4 | 17.5 |
| EBITA | 140.1 | 137.5 | 209.5 | 153.7 | 150.8 | 183.2 |
| EBITA margin | 21.0% | 19.8% | 25.4% | 23.7% | 28.7% | 33.8% |
| Amortization of intangibles | 112.7 | 147.3 | 166.7 | 105.0 | 77.0 | 77.9 |
| EBIT [+] | 27.4 | -9.8 | 42.9 | 48.8 | 73.8 | 105.3 |
| EBIT growth | -378.4% | -123.0% | -12.0% | -34.0% | -29.9% | |
| EBIT margin | 4.1% | -1.4% | 5.2% | 7.5% | 14.0% | 19.4% |
| Non-recurring items [+] | 370.0 | 289.1 | 38.1 | 27.3 | 2.1 | 21.6 |
| Asset impairment | 362.3 | 279.1 | 19.0 | 27.3 | 2.2 | 10.9 |
| Loss (gain) on sale of assets | | | | | -0.1 | -0.5 |
| Interest expense, net [+] | 44.0 | 43.9 | 39.6 | 41.4 | 46.7 | 50.7 |
| Interest expense | 49.9 | 49.2 | 42.8 | 43.7 | 46.8 | 54.8 |
| Interest income | 5.9 | 5.2 | 3.1 | 2.3 | 0.1 | 4.1 |
| Other income (expense), net [+] | -4.5 | 3.9 | -13.4 | -4.5 | -15.6 | -26.8 |
| Litigation settlement | | | -14.0 | | | |
| Gain (loss) on debt retirement | | | -0.9 | | -2.8 | -5.2 |
| Gain (loss) on derivative instruments | -5.0 | 3.4 | 1.9 | -3.9 | -13.4 | -17.9 |
| Other | 8.5 | 5.7 | 2.9 | 1.7 | 0.7 | |
| Pre-tax income | -391.1 | -339.0 | -48.2 | -24.4 | 9.5 | 6.2 |
| Income taxes | 14.1 | 14.1 | -10.3 | -61.7 | 13.8 | 19.7 |
| Tax rate | | | 21.3% | 252.4% | 145.4% | 318.0% |
| Net income | -410.1 | -349.3 | -38.0 | 32.7 | -4.3 | -69.7 |
| Net margin | -61.4% | -50.2% | -4.6% | 5.0% | -0.8% | -12.9% |
| |
| Basic EPS [+] | ($3.23) | ($2.87) | ($0.32) | $0.40 | ($0.05) | ($0.15) |
| Growth | 12.5% | 810.0% | -178.8% | -884.6% | -65.4% | |
| Diluted EPS [+] | ($3.23) | ($2.87) | ($0.32) | $0.40 | ($0.05) | ($0.15) |
| Growth | 12.5% | 810.0% | -179.8% | -874.6% | -65.4% | |
| |
| Dividends per share [+] | $0.34 | $0.72 | $0.72 | | | |
| Growth | -52.8% | 0.0% | | | | |
| |
| Shares outstanding (basic) [+] | 125.5 | 123.0 | 120.4 | 93.1 | 84.1 | 91.7 |
| Growth | 2.0% | 2.2% | 29.3% | 10.6% | -8.2% | |
| Shares outstanding (diluted) [+] | 125.5 | 123.0 | 120.4 | 94.3 | 84.1 | 91.7 |
| Growth | 2.0% | 2.2% | 27.7% | 12.0% | -8.2% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |