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 |
| Revenues | 621.0 | 635.9 | 579.7 | 421.0 | 335.0 |
| Revenue growth | -2.4% | 9.7% | 37.7% | 25.7% | |
| Cost of goods sold | 110.1 | 105.5 | 110.5 | 87.7 | 83.1 |
| Gross profit | 510.8 | 530.4 | 469.2 | 333.3 | 251.9 |
| Gross margin | 82.3% | 83.4% | 80.9% | 79.2% | 75.2% |
| Sales and marketing | 113.6 | 112.4 | 99.0 | 77.7 | 60.5 |
| EBIT | 397.2 | 418.0 | 370.1 | 255.6 | 147.2 |
| EBIT margin | 64.0% | 65.7% | 63.9% | 60.7% | 43.9% |
| Pre-tax income | 325.7 | -208.9 | 290.2 | 195.5 | 149.0 |
| Income taxes | 46.5 | 109.5 | 44.7 | 30.0 | 20.9 |
| Tax rate | 14.3% | | 15.4% | 15.4% | 14.0% |
| Net income | 279.2 | -318.1 | 245.5 | 165.4 | 128.2 |
| Net margin | 45.0% | -50.0% | 42.3% | 39.3% | 38.3% |
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| Diluted EPS | $3.08 | ($3.54) | $2.74 | $1.85 | $1.43 |
| Shares outstanding (diluted) | 90.6 | 89.8 | 89.5 | 89.4 | 89.4 |
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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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