Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 847.0 | 1,212.0 | 1,251.0 | 1,669.0 | 1,502.0 | 1,639.3 | 1,350.9 | 1,041.0 |
Revenue growth | -30.1% | -3.1% | -25.0% | 11.1% | -8.4% | 21.3% | 29.8% | 0.7% |
Cost of goods sold | 366.0 | 629.0 | 711.0 | 825.0 | 643.9 | 720.0 | 739.5 | 620.0 |
Gross profit | 481.0 | 583.0 | 540.0 | 844.0 | 858.2 | 919.3 | 611.4 | 421.0 |
Gross margin | 56.8% | 48.1% | 43.2% | 50.6% | 57.1% | 56.1% | 45.3% | 40.4% |
Selling, general and administrative | 350.0 | 301.0 | 295.0 | 306.0 | 277.6 | 304.9 | 265.3 | 210.1 |
EBITA | 46.0 | 187.0 | 145.0 | 346.0 | 336.5 | 44.2 | 105.9 | 119.4 |
EBITA margin | 5.4% | 15.4% | 11.6% | 20.7% | 22.4% | 2.7% | 7.8% | 11.5% |
Amortization of intangibles | 37.0 | 44.0 | 53.0 | 64.0 | 61.0 | 101.4 | 42.7 | 34.7 |
EBIT | 9.0 | 143.0 | 92.0 | 282.0 | 275.5 | -57.2 | 63.2 | 84.8 |
EBIT margin | 1.1% | 11.8% | 7.4% | 16.9% | 18.3% | -3.5% | 4.7% | 8.1% |
Pre-tax income | -79.0 | 40.0 | 16.0 | 204.0 | 197.8 | -179.0 | 1,014.9 | 46.1 |
Income taxes | 127.0 | 15.0 | 15.0 | -230.0 | 69.3 | -65.2 | -24.4 | 18.0 |
Tax rate | | 37.5% | 93.8% | | 35.0% | 36.4% | | 39.1% |
Earnings from continuing ops | -206.0 | 25.0 | 1.0 | 434.0 | 128.5 | -108.5 | 1,042.0 | 31.3 |
Earnings from discontinued ops | -722.0 | 128.0 | 94.0 | 22.0 | 26.4 | | | |
Net income | -928.0 | 153.0 | 95.0 | 456.0 | 154.9 | -108.5 | 1,042.0 | 31.3 |
Net margin | -109.6% | 12.6% | 7.6% | 27.3% | 10.3% | -6.6% | 77.1% | 3.0% |
|
Diluted EPS | ($2.37) | $0.29 | $0.01 | $4.77 | $1.56 | ($1.39) | $16.05 | $0.61 |
Shares outstanding (diluted) | 87.0 | 86.2 | 85.2 | 91.1 | 82.2 | 78.0 | 64.9 | 51.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|