Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 |
| Revenues | 550.2 | 452.0 |
| Revenue growth | 21.7% | |
| Cost of goods sold | 0.0 | 0.0 |
| Gross profit | 550.2 | 452.0 |
| Gross margin | 100.0% | 100.0% |
| Selling, general and administrative | 4.3 | 59.0 |
| EBITA | 550.2 | 452.0 |
| EBITA margin | 100.0% | 100.0% |
| Amortization of intangibles | 1.5 | 1.4 |
| EBIT | 548.7 | 450.6 |
| EBIT margin | 99.7% | 99.7% |
| Pre-tax income | 48.3 | -94.5 |
| Income taxes | 10.0 | -19.9 |
| Tax rate | 20.7% | 21.0% |
| Net income | 19.8 | -74.6 |
| Net margin | 3.6% | -16.5% |
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| Diluted EPS | $1.21 | ($4.60) |
| Shares outstanding (diluted) | 16.3 | 16.2 |
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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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