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 | Dec-31-16 | Dec-31-15 |
| Revenues | 1,956.4 | 1,770.3 | 1,429.9 | 1,408.2 | 1,286.2 | 1,121.8 | 1,013.5 | 880.2 |
| Revenue growth | 10.5% | 23.8% | 1.5% | 9.5% | 14.7% | 10.7% | 15.2% | 11.0% |
| Cost of goods sold | 696.1 | 765.9 | 696.0 | 610.7 | 537.9 | 483.0 | 456.1 | 431.0 |
| Gross profit | 1,260.3 | 1,004.5 | 733.8 | 797.5 | 748.3 | 638.8 | 557.5 | 449.2 |
| Gross margin | 64.4% | 56.7% | 51.3% | 56.6% | 58.2% | 56.9% | 55.0% | 51.0% |
| Selling, general and administrative | | | | | | | | |
| Sales and marketing | 59.4 | 47.3 | 36.3 | 48.6 | 41.1 | 30.8 | 24.8 | 21.9 |
| General and administrative | 31.2 | 56.8 | 57.6 | 55.3 | 67.3 | 59.3 | 49.2 | 45.2 |
| EBITA | 1,065.6 | 812.9 | 571.4 | 641.3 | 596.9 | 394.4 | 329.0 | 256.1 |
| EBITA margin | 54.5% | 45.9% | 40.0% | 45.5% | 46.4% | 35.2% | 32.5% | 29.1% |
| Amortization of intangibles | 6.1 | 7.7 | 11.0 | 11.8 | 4.6 | 4.4 | 4.8 | 4.6 |
| EBIT | 1,059.5 | 805.2 | 560.4 | 629.5 | 592.3 | 390.0 | 324.2 | 251.4 |
| EBIT margin | 54.2% | 45.5% | 39.2% | 44.7% | 46.1% | 34.8% | 32.0% | 28.6% |
| Pre-tax income | 700.6 | 637.8 | 389.8 | 480.1 | 460.1 | 390.0 | 331.9 | 251.8 |
| Income taxes | 190.9 | 171.6 | 96.8 | 124.4 | 117.0 | 132.3 | 125.0 | 95.0 |
| Tax rate | 27.2% | 26.9% | 24.8% | 25.9% | 25.4% | 33.9% | 37.7% | 37.7% |
| Net income | 481.7 | 438.2 | 271.6 | 347.5 | 335.0 | 247.9 | 192.4 | 145.9 |
| Net margin | 24.6% | 24.8% | 19.0% | 24.7% | 26.0% | 22.1% | 19.0% | 16.6% |
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| Diluted EPS | $8.14 | $7.58 | $4.68 | $6.03 | $5.86 | $4.37 | $3.54 | $2.81 |
| Shares outstanding (diluted) | 59.2 | 57.8 | 58.0 | 57.6 | 57.2 | 56.7 | 54.3 | 51.9 |
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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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