Financial Summary (All financials)
| 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 | Dec-31-14 |
| Revenues | 1,508.2 | 1,265.7 | 1,234.0 | 1,304.0 | 1,387.3 | 1,249.6 | 960.6 | 828.0 |
| Revenue growth | 19.2% | 2.6% | -5.4% | -6.0% | 11.0% | 30.1% | 16.0% | |
| Cost of goods sold | 1,179.0 | 1,032.4 | 1,004.3 | 1,011.1 | 1,033.0 | 946.5 | 755.2 | 764.2 |
| Gross profit | 329.1 | 233.3 | 229.7 | 292.9 | 354.3 | 303.1 | 205.4 | 63.8 |
| Gross margin | 21.8% | 18.4% | 18.6% | 22.5% | 25.5% | 24.3% | 21.4% | 7.7% |
| Selling, general and administrative | 77.2 | 64.0 | 67.4 | 65.0 | 66.8 | 65.4 | 62.8 | 58.8 |
| Research and development | 85.4 | 78.3 | 75.6 | 73.1 | 67.7 | 63.1 | 61.7 | 51.8 |
| EBIT | 166.5 | 91.0 | 86.7 | 154.9 | 219.8 | 175.2 | 81.9 | -102.3 |
| EBIT margin | 11.0% | 7.2% | 7.0% | 11.9% | 15.8% | 14.0% | 8.5% | -12.4% |
| Pre-tax income | 155.1 | 88.7 | 91.0 | 139.3 | 201.8 | 210.6 | -41.4 | -26.1 |
| Income taxes | 1.0 | 5.4 | 2.9 | 5.9 | -99.9 | 1.4 | -12.3 | -24.7 |
| Tax rate | 0.7% | 6.1% | 3.2% | 4.3% | | 0.7% | 29.7% | 94.7% |
| Net income | 150.0 | 82.3 | 90.0 | 135.6 | 306.9 | 212.2 | -29.6 | 4.3 |
| Net margin | 9.9% | 6.5% | 7.3% | 10.4% | 22.1% | 17.0% | -3.1% | 0.5% |
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| Diluted EPS | $1.37 | $0.76 | $0.84 | $1.32 | $2.90 | $2.09 | ($0.40) | $0.07 |
| Shares outstanding (diluted) | 109.8 | 108.5 | 107.4 | 102.5 | 105.9 | 101.3 | 74.4 | 63.2 |
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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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