Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 611.4 | 520.0 | 433.4 | 440.5 | 408.1 | 339.2 | 286.0 | 265.9 |
| Revenue growth | 17.6% | 20.0% | -1.6% | 8.0% | 20.3% | 18.6% | 7.6% | 7.9% |
| Cost of goods sold | 233.1 | 190.3 | 182.7 | 163.6 | 150.0 | 136.8 | 119.5 | 116.6 |
| Gross profit | 378.3 | 329.7 | 250.7 | 276.9 | 258.0 | 202.4 | 166.5 | 149.3 |
| Gross margin | 61.9% | 63.4% | 57.8% | 62.9% | 63.2% | 59.7% | 58.2% | 56.2% |
| Sales and marketing | 7.7 | 5.8 | 6.6 | 6.7 | 4.7 | 3.7 | 3.0 | 3.5 |
| General and administrative | 21.7 | 18.3 | 14.4 | 16.5 | 13.2 | 12.2 | 9.1 | 7.1 |
| EBITA | 303.3 | 274.3 | 201.4 | 222.2 | 217.6 | 160.5 | 135.3 | 103.4 |
| EBITA margin | 49.6% | 52.7% | 46.5% | 50.4% | 53.3% | 47.3% | 47.3% | 38.9% |
| Amortization of intangibles | 8.3 | 5.7 | 6.0 | 6.0 | 6.7 | 5.6 | 3.9 | 2.8 |
| EBIT | 295.0 | 268.5 | 195.4 | 216.2 | 210.9 | 154.9 | 131.4 | 100.6 |
| EBIT margin | 48.3% | 51.6% | 45.1% | 49.1% | 51.7% | 45.7% | 45.9% | 37.8% |
| Pre-tax income | 255.7 | 240.8 | 170.0 | 193.8 | 188.1 | 133.6 | 108.7 | 91.0 |
| Income taxes | 33.6 | 35.3 | 21.4 | 29.3 | 29.0 | 37.5 | 27.6 | 25.7 |
| Tax rate | 13.1% | 14.6% | 12.6% | 15.1% | 15.4% | 28.1% | 25.4% | 28.2% |
| Net income | 220.7 | 205.5 | 148.6 | 164.5 | 159.1 | 96.1 | 81.1 | 65.4 |
| Net margin | 36.1% | 39.5% | 34.3% | 37.3% | 39.0% | 28.3% | 28.3% | 24.6% |
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| Diluted EPS | $3.81 | $3.81 | $2.74 | $3.19 | $3.22 | $2.12 | $1.98 | $1.72 |
| Shares outstanding (diluted) | 58.0 | 54.0 | 54.2 | 51.6 | 49.5 | 45.4 | 41.0 | 38.1 |
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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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