Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-28-18 | Dec-29-17 | Dec-30-16 | Jan-01-16 | Jan-02-15 |
| Revenues | 1,221.1 | 1,073.4 | 1,258.1 | 1,215.0 | 1,136.1 | 1,075.5 | 800.4 | 687.8 |
| Revenue growth | 13.8% | -14.7% | 3.5% | 6.9% | 5.6% | 34.4% | 16.4% | 3.6% |
| Cost of goods sold | 884.1 | 787.7 | 903.1 | 852.3 | 782.1 | 737.8 | 565.3 | 456.4 |
| Gross profit | 337.0 | 285.7 | 355.0 | 362.7 | 354.0 | 337.7 | 235.1 | 231.4 |
| Gross margin | 27.6% | 26.6% | 28.2% | 29.8% | 31.2% | 31.4% | 29.4% | 33.6% |
| Selling, general and administrative | 141.4 | 109.0 | 138.7 | 142.4 | 143.1 | 136.4 | 102.5 | 90.6 |
| Research and development | 52.0 | 48.5 | 46.5 | 48.6 | 48.9 | 47.9 | 53.0 | 49.8 |
| EBITA | 177.3 | 161.7 | 197.7 | 197.0 | 168.8 | 128.4 | 30.6 | 89.5 |
| EBITA margin | 14.5% | 15.1% | 15.7% | 16.2% | 14.9% | 11.9% | 3.8% | 13.0% |
| Amortization of intangibles | 41.6 | 41.1 | 40.1 | 41.5 | 43.1 | 35.5 | 17.5 | 13.9 |
| EBIT | 135.7 | 120.6 | 157.6 | 155.6 | 125.6 | 92.9 | 13.1 | 75.7 |
| EBIT margin | 11.1% | 11.2% | 12.5% | 12.8% | 11.1% | 8.6% | 1.6% | 11.0% |
| Pre-tax income | 101.1 | 86.2 | 105.2 | 61.1 | 49.3 | 28.2 | -15.7 | 76.6 |
| Income taxes | 8.0 | 8.9 | 14.0 | 14.1 | -37.8 | 3.3 | -8.1 | 21.1 |
| Tax rate | 8.0% | 10.4% | 13.3% | 23.0% | | 11.7% | 51.6% | 27.6% |
| Earnings from continuing ops | 93.0 | 77.3 | 91.2 | 47.0 | 87.1 | 24.9 | -7.6 | 55.5 |
| Earnings from discontinued ops | 0.0 | | 0.0 | 0.0 | 0.0 | | | |
| Net income | 93.0 | 77.3 | 91.2 | 47.0 | 87.1 | 24.9 | -7.6 | 55.5 |
| Net margin | 7.6% | 7.2% | 7.3% | 3.9% | 7.7% | 2.3% | -0.9% | 8.1% |
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| Diluted EPS | $2.80 | $2.33 | $2.76 | $1.44 | $2.72 | $0.80 | ($0.29) | $2.14 |
| Shares outstanding (diluted) | 33.3 | 33.1 | 33.0 | 32.6 | 32.1 | 31.0 | 26.4 | 26.0 |
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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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