| 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 |
| | Source | Source | Source | Source | Source | Source | 6-K |
| Revenues: |
| Connectivity, Software, and Services | 140.4 | 116.0 | | | | | |
| Recurring and other services | | | 98.2 | | | | |
| IoT Services | | | | | | 27.6 | |
| OEM Solutions | | | | | | 516.5 | |
| Other | 332.8 | 332.5 | 449.1 | | | 71.5 | |
| Total revenues | 473.2 | 448.6 | 547.3 | 793.6 | 690.7 | 615.6 | 607.8 |
| Revenue growth [+] | 5.5% | -18.0% | -31.0% | 14.9% | 12.2% | 1.3% | |
| Connectivity, Software, and Services | 21.0% | | | | | | |
| Cost of goods sold | 316.4 | 289.8 | 349.8 | 529.0 | 456.5 | 397.9 | 413.9 |
| Gross profit | 156.8 | 158.8 | 197.5 | 264.6 | 234.2 | 217.7 | 193.9 |
| Gross margin | 33.1% | 35.4% | 36.1% | 33.3% | 33.9% | 35.4% | 31.9% |
| Selling, general and administrative [+] | 126.1 | 135.0 | 134.3 | 150.2 | 118.0 | 105.2 | 94.5 |
| Sales and marketing | 76.0 | 86.5 | 87.2 | 88.6 | 75.1 | 64.2 | 54.1 |
| General and administrative | 50.1 | 48.5 | 47.1 | 61.6 | 42.9 | 41.0 | 40.3 |
| Research and development | 68.4 | 82.0 | 78.8 | 93.7 | 82.7 | 73.1 | 74.0 |
| Other operating expenses | | | | | | | 12.4 |
| EBITDA [+] | -26.0 | -46.5 | -3.0 | 34.0 | 43.5 | 48.1 | 53.4 |
| EBITDA growth | -44.0% | 1469.2% | -108.7% | -21.9% | -9.4% | -10.0% | |
| EBITDA margin | -5.5% | -10.4% | -0.5% | 4.3% | 6.3% | 7.8% | 8.8% |
| Depreciation | 14.1 | 15.1 | 16.3 | 18.2 | 14.0 | 12.5 | 20.2 |
| EBITA | -40.2 | -61.6 | -19.2 | 15.8 | 29.5 | 35.6 | 33.2 |
| EBITA margin | -8.5% | -13.7% | -3.5% | 2.0% | 4.3% | 5.8% | 5.5% |
| Amortization of intangibles | 14.6 | 17.2 | 16.9 | 20.9 | 16.5 | 13.4 | 20.2 |
| EBIT [+] | -54.8 | -78.9 | -36.1 | -5.1 | 13.0 | 22.2 | 13.0 |
| EBIT growth | -30.5% | 118.2% | 604.0% | -139.4% | -41.2% | 70.6% | |
| EBIT margin | -11.6% | -17.6% | -6.6% | -0.6% | 1.9% | 3.6% | 2.1% |
| Non-recurring items [+] | 24.8 | 9.2 | 28.1 | 13.1 | 12.9 | 0.8 | 2.9 |
| Asset impairment | 12.3 | | 0.9 | | 3.7 | | |
| Restructuring charges | 12.5 | 9.2 | 27.2 | 11.1 | 9.3 | 0.8 | 2.9 |
| Loss (gain) on sale of business | | | | 2.1 | | | |
| Interest expense, net [+] | -0.1 | -0.1 | -0.4 | -0.3 | -0.1 | 0.0 | |
| Interest expense | 0.3 | 0.8 | 0.3 | 0.2 | 0.1 | 0.1 | |
| Interest income | 0.1 | 0.1 | 0.4 | 0.3 | 0.2 | 0.2 | |
| Other income (expense), net [+] | -9.0 | 6.7 | -1.7 | -5.5 | 7.5 | -1.7 | -11.7 |
| Gain (loss) on foreign currency transactions | -7.5 | 8.0 | -1.2 | -5.5 | 7.6 | -1.7 | -11.8 |
| Other | -1.7 | -2.0 | -0.3 | 0.1 | -0.1 | 0.1 | 0.1 |
| Pre-tax income | -88.7 | -82.1 | -65.8 | -23.7 | 7.7 | 19.7 | -1.6 |
| Income taxes | 0.0 | -11.9 | 8.9 | 0.9 | 3.2 | 4.3 | 1.1 |
| Tax rate | | 14.5% | | | 41.5% | 21.9% | |
| Earnings from continuing ops | -88.7 | -70.2 | -74.7 | -24.6 | 4.5 | 15.4 | -2.7 |
| Earnings from discontinued ops | | | 0.0 | | | | |
| Net income | -89.0 | -49.3 | -70.5 | -24.6 | 4.5 | 15.4 | -2.7 |
| Net margin | -18.8% | -11.0% | -12.9% | -3.1% | 0.7% | 2.5% | -0.4% |
| |
| Basic EPS [+] | ($2.39) | ($1.93) | ($2.06) | ($0.68) | $0.14 | $0.48 | ($0.08) |
| Growth | 24.0% | -6.6% | 202.2% | -589.3% | -70.9% | -677.8% | |
| Diluted EPS [+] | ($2.39) | ($1.93) | ($2.06) | ($0.68) | $0.14 | $0.48 | ($0.08) |
| Growth | 24.0% | -6.6% | 202.2% | -597.4% | -71.1% | -672.3% | |
| |
| Shares outstanding (basic) [+] | 37.1 | 36.4 | 36.2 | 36.0 | 32.4 | 32.0 | 32.2 |
| Growth | 2.0% | 0.6% | 0.4% | 11.3% | 1.0% | -0.4% | |
| Shares outstanding (diluted) [+] | 37.1 | 36.4 | 36.2 | 36.0 | 32.9 | 32.3 | 32.2 |
| Growth | 2.0% | 0.6% | 0.4% | 9.5% | 1.7% | 0.5% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |