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 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 4,089.1 | 2,786.9 | 3,045.8 | 2,825.4 | 2,420.3 | 1,896.7 | 1,722.0 | 1,582.3 |
| Revenue growth | 46.7% | -8.5% | 7.8% | 16.7% | 27.6% | 10.1% | 8.8% | -32.5% |
| Cost of goods sold | 0.0 | 0.0 | 1,988.1 | 1,839.5 | 1,585.9 | 1,179.8 | 1,044.4 | 947.1 |
| Gross profit | 4,089.1 | 2,786.9 | 1,057.7 | 985.9 | 834.4 | 717.0 | 677.6 | 635.1 |
| Gross margin | 100.0% | 100.0% | 34.7% | 34.9% | 34.5% | 37.8% | 39.3% | 40.1% |
| Selling, general and administrative | 0.0 | 0.0 | 744.9 | 705.8 | 614.0 | 522.3 | 502.5 | 509.8 |
| EBITA | 0.0 | 0.0 | 281.4 | 249.8 | 194.1 | 167.0 | 97.4 | 93.7 |
| EBITA margin | 0.0% | 0.0% | 9.2% | 8.8% | 8.0% | 8.8% | 5.7% | 5.9% |
| Amortization of intangibles | | | 61.3 | 48.2 | 26.7 | 21.3 | 17.0 | 15.5 |
| EBIT | 0.0 | 0.0 | 220.1 | 201.6 | 167.5 | 145.7 | 80.4 | 78.2 |
| EBIT margin | 0.0% | 0.0% | 7.2% | 7.1% | 6.9% | 7.7% | 4.7% | 4.9% |
| Pre-tax income | -152.0 | 136.5 | 190.6 | 181.8 | 156.0 | 139.4 | 72.5 | 72.1 |
| Income taxes | 85.5 | 42.0 | 53.0 | 53.3 | 61.9 | 47.8 | 32.6 | 18.2 |
| Tax rate | | 30.8% | 27.8% | 29.3% | 39.7% | 34.3% | 44.9% | 25.2% |
| Net income | -237.6 | 94.5 | 102.9 | 97.7 | 51.4 | 71.5 | 19.5 | 43.3 |
| Net margin | -5.8% | 3.4% | 3.4% | 3.5% | 2.1% | 3.8% | 1.1% | 2.7% |
| |
| Diluted EPS | ($5.53) | $2.35 | $2.57 | $2.45 | $1.31 | $1.84 | $0.52 | $1.19 |
| Shares outstanding (diluted) | 42.9 | 40.2 | 40.0 | 39.8 | 39.3 | 38.9 | 37.6 | 36.3 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|