Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 964.3 | 1,305.4 | 1,082.8 |
Revenue growth | -26.1% | 20.6% | |
Cost of goods sold | 374.1 | 440.2 | 1,153.6 |
Gross profit | 590.1 | 865.2 | -70.7 |
Gross margin | 61.2% | 66.3% | -6.5% |
General and administrative | 121.2 | 168.8 | 73.2 |
EBIT | -178.5 | -51.0 | -143.9 |
EBIT margin | -18.5% | -3.9% | -13.3% |
Pre-tax income | -4,238.9 | -909.1 | -1,237.2 |
Income taxes | -260.4 | -38.5 | -106.6 |
Tax rate | 6.1% | 4.2% | 8.6% |
Earnings from continuing ops | -3,978.5 | -696.8 | -1,770.1 |
Earnings from discontinued ops | | -3.8 | |
Net income | -3,978.5 | -700.6 | -1,770.1 |
Net margin | -412.6% | -53.7% | -163.5% |
|
Diluted EPS | ($15.86) | ($2.80) | |
Shares outstanding (diluted) | 250.8 | 248.9 | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|