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 |
| Revenues | 502.0 | 291.3 | 225.1 | 321.1 | 240.6 | 209.7 |
| Revenue growth | 72.3% | 29.4% | -29.9% | 33.5% | 14.8% | |
| Cost of goods sold | 174.2 | 190.0 | 168.0 | 174.1 | 150.4 | 156.6 |
| Gross profit | 327.8 | 101.4 | 57.2 | 147.0 | 90.2 | 53.0 |
| Gross margin | 65.3% | 34.8% | 25.4% | 45.8% | 37.5% | 25.3% |
| Selling, general and administrative | 57.9 | 46.5 | 38.1 | 76.6 | 41.3 | 24.3 |
| EBITA | 174.4 | 51.7 | 18.8 | 62.5 | 56.7 | 28.5 |
| EBITA margin | 34.7% | 17.8% | 8.4% | 19.4% | 23.6% | 13.6% |
| Amortization of intangibles | | 14.6 | 14.7 | 14.3 | 7.2 | 4.9 |
| EBIT | 174.4 | 37.1 | 4.1 | 48.1 | 49.5 | 23.6 |
| EBIT margin | 34.7% | 12.7% | 1.8% | 15.0% | 20.6% | 11.3% |
| Pre-tax income | 106.3 | -2.7 | -33.6 | 19.6 | 16.7 | 26.6 |
| Income taxes | 32.4 | 1.9 | -8.5 | 7.6 | 11.8 | 25.6 |
| Tax rate | 30.4% | | 25.2% | 38.9% | 70.3% | 96.3% |
| Net income | 73.9 | -4.6 | -25.1 | 12.0 | 5.0 | 1.0 |
| Net margin | 14.7% | -1.6% | -11.2% | 3.7% | 2.1% | 0.5% |
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| Diluted EPS | $0.74 | ($0.05) | ($0.26) | $0.13 | $0.12 | $0.04 |
| Shares outstanding (diluted) | 99.9 | 96.6 | 96.0 | 94.5 | 41.3 | 25.7 |
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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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