In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Mar-31-17 | Dec-31-16 |
| 10-K/A | 10-K/A | 10-K/A | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues [+] | 1,144.2 | 773.9 | 687.2 | 560.6 | 519.9 | 356.4 | 57.4 | 305.9 |
Management fees | | | | | | | | 24.8 |
Other | | | | | | | | 1.7 |
Revenue growth | 47.8% | 12.6% | 22.6% | 7.8% | 45.9% | 16.5% | 30.4% | |
Cost of goods sold | 962.2 | 613.7 | 557.6 | 467.8 | 361.1 | 273.5 | 48.7 | 254.8 |
Gross profit | 181.9 | 160.3 | 129.6 | 92.8 | 158.8 | 82.9 | 8.7 | 51.2 |
Gross margin | 15.9% | 20.7% | 18.9% | 16.6% | 30.5% | 23.3% | 15.1% | 16.7% |
Selling, general and administrative [+] | 77.7 | 62.1 | 49.1 | 41.5 | 43.4 | 26.2 | 18.6 | 21.0 |
General and administrative | 77.7 | 62.1 | 49.1 | 41.5 | 43.4 | 26.2 | 18.6 | 21.0 |
Equity in earnings | 5.6 | -4.3 | 3.7 | -6.9 | -8.1 | -1.1 | | 4.7 |
Other operating expenses | | | | -1.4 | 3.9 | -0.9 | -0.2 | |
EBITDA [+] | 127.4 | 111.4 | 102.5 | 45.8 | 103.4 | 56.5 | -9.6 | 34.9 |
EBITDA growth | 14.4% | 8.6% | 123.9% | -55.7% | 83.1% | 61.9% | 40.8% | |
EBITDA margin | 11.1% | 14.4% | 14.9% | 8.2% | 19.9% | 15.8% | -16.7% | 11.4% |
Depreciation | 3.8 | 2.1 | 2.4 | 2.0 | 2.2 | 1.6 | 0.6 | 18.1 |
EBITA | 123.6 | 109.3 | 100.2 | 43.8 | 101.2 | 54.9 | -10.2 | 16.8 |
EBITA margin | 10.8% | 14.1% | 14.6% | 7.8% | 19.5% | 15.4% | -17.8% | 5.5% |
Amortization of intangibles | 13.7 | 15.4 | 16.0 | 16.3 | 17.1 | 17.5 | 0.0 | |
EBIT [+] | 109.9 | 93.9 | 84.2 | 27.5 | 84.1 | 37.4 | -10.3 | 16.8 |
EBIT growth | 17.1% | 11.5% | 206.0% | -67.3% | 125.0% | 123.1% | 41.7% | |
EBIT margin | 9.6% | 12.1% | 12.3% | 4.9% | 16.2% | 10.5% | -17.9% | 5.5% |
Non-recurring items [+] | | | | 2.0 | 3.8 | 3.4 | 0.2 | 0.3 |
Asset impairment | | | | 2.0 | 3.8 | 2.4 | | 0.3 |
Loss (gain) on sale of assets | | | | | | 0.9 | | |
Unusual expense | | | | | | | 0.2 | |
Interest expense, net [+] | 5.9 | 3.8 | 6.7 | 2.7 | -0.7 | -0.9 | 0.1 | -0.4 |
Interest expense | 7.9 | 5.4 | 9.5 | 4.7 | 0.6 | 0.1 | 0.1 | 0.1 |
Interest income | 2.0 | 1.6 | 2.8 | 2.0 | 1.3 | 1.0 | | 0.5 |
Other income (expense), net [+] | -17.3 | -12.3 | 100.9 | 3.0 | 1.6 | 14.7 | 1.9 | 2.0 |
Gain (loss) on sale of assets | | 2.2 | 99.8 | | | | | |
Gain (loss) on investments | -25.5 | -10.8 | 0.0 | | | 13.7 | | |
Unrealized gain/loss on derivatives | | | | | | 0.0 | 1.6 | 1.7 |
Other | 3.9 | -3.8 | 1.1 | 3.0 | 1.6 | 0.2 | 0.0 | 0.2 |
Pre-tax income | 86.6 | 77.7 | 178.4 | 25.8 | 82.6 | 49.7 | -8.7 | 18.8 |
Income taxes | 40.9 | 31.7 | 56.3 | 8.2 | 22.4 | 3.9 | 0.0 | 8.8 |
Tax rate | 47.2% | 40.8% | 31.6% | 31.6% | 27.1% | 7.8% | 0.5% | 46.8% |
Minority interest | 0.6 | -22.9 | 84.4 | 3.6 | 49.4 | 20.0 | 0.3 | -1.4 |
Net income | 45.2 | 68.9 | 37.7 | 14.1 | 10.8 | 25.8 | -9.0 | 11.5 |
Net margin | 3.9% | 8.9% | 5.5% | 2.5% | 2.1% | 7.2% | -15.6% | 3.7% |
|
Basic EPS [+] | $1.00 | $1.57 | $1.03 | $0.41 | $0.33 | $1.01 | ($1.49) | $0.46 |
Growth | -36.1% | 52.4% | 153.7% | 23.5% | -67.4% | 117.7% | -16.6% | |
Diluted EPS [+] | $0.99 | $1.52 | $1.01 | $0.39 | $0.29 | $0.90 | ($1.49) | $0.41 |
Growth | -34.7% | 50.8% | 159.5% | 35.7% | -68.3% | 119.8% | -16.6% | |
|
Dividends per share [+] | $0.31 | $0.71 | $1.40 | $1.78 | $0.54 | $0.41 | | $1.08 |
Growth | -56.0% | -49.5% | -21.0% | 229.4% | 31.9% | -62.1% | | |
|
Shares outstanding (basic) [+] | 45.0 | 43.8 | 36.5 | 34.7 | 32.9 | 25.5 | 6.0 | 24.7 |
Growth | 2.6% | 20.0% | 5.2% | 5.5% | 28.9% | 3.5% | 15.1% | |
Shares outstanding (diluted) [+] | 45.6 | 45.4 | 37.4 | 36.4 | 37.9 | 28.7 | 6.0 | 28.0 |
Growth | 0.4% | 21.2% | 2.9% | -4.0% | 32.3% | 2.5% | 15.1% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |