Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Mar-31-18 | Dec-31-17 | Dec-31-16 |
Revenues | 595.9 | 579.8 | 368.6 | 302.9 | 97.8 | 101.5 |
Revenue growth | 2.8% | 57.3% | 276.9% | | -3.6% | |
Cost of goods sold | 188.6 | 249.8 | 0.0 | 89.9 | 106.8 | 92.6 |
Gross profit | 407.3 | 330.0 | 368.6 | 213.0 | -9.0 | 8.9 |
Gross margin | 68.4% | 56.9% | 100.0% | 70.3% | -9.2% | 8.8% |
General and administrative | 30.0 | 26.8 | 16.2 | 14.6 | 4.0 | 4.0 |
EBITA | 63.6 | 41.3 | -51.5 | 1.3 | 25.6 | 35.6 |
EBITA margin | 10.7% | 7.1% | -14.0% | 0.4% | 26.2% | 35.1% |
Amortization of intangibles | 2.8 | 2.4 | | 0.2 | | |
EBIT | 60.8 | 38.9 | -51.5 | 1.1 | 25.6 | 35.6 |
EBIT margin | 10.2% | 6.7% | -14.0% | 0.4% | 26.2% | 35.1% |
Pre-tax income | 26.4 | -10.1 | -86.6 | -31.3 | 24.7 | 35.6 |
Income taxes | 3.1 | -0.8 | 0.0 | -0.8 | 0.0 | 0.0 |
Tax rate | 11.7% | 7.7% | 0.0% | 2.5% | 0.0% | 0.0% |
Net income | 23.3 | -9.3 | -86.1 | -30.6 | 24.7 | 35.6 |
Net margin | 3.9% | -1.6% | -23.4% | -10.1% | 25.3% | 35.1% |
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Diluted EPS | $0.58 | ($0.25) | ($3.17) | ($1.12) | | |
Shares outstanding (diluted) | 40.1 | 36.9 | 27.2 | 27.2 | | |
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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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