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 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Forged & Cast Engineered Products | 260.2 | 237.9 | 305.6 | 329.5 | | 247.7 | 152.3 | 179.4 |
Air & Liquid Processing | 84.7 | 90.7 | 92.3 | 89.9 | | 84.2 | 86.2 | 93.5 |
Total revenues | 344.9 | 328.5 | 397.9 | 419.4 | 702.1 | 331.9 | 238.5 | 272.9 |
Revenue growth [+] | 5.0% | -17.4% | -5.1% | -40.3% | 111.6% | 39.2% | -12.6% | -2.9% |
Forged & Cast Engineered Products | 9.4% | -22.2% | -7.3% | | | 62.6% | -15.1% | -4.2% |
Air & Liquid Processing | -6.6% | -1.8% | 2.6% | | | -2.3% | -7.8% | -0.3% |
Cost of goods sold | 287.6 | 257.8 | 326.2 | 384.7 | 317.0 | 276.5 | 196.1 | 218.6 |
Gross profit | 57.3 | 70.7 | 71.7 | 34.7 | 385.2 | 55.4 | 42.4 | 54.3 |
Gross margin | 16.6% | 21.5% | 18.0% | 8.3% | 54.9% | 16.7% | 17.8% | 19.9% |
Selling, general and administrative | 46.0 | 45.5 | 53.6 | 58.1 | 60.2 | 58.2 | 39.5 | 37.4 |
Equity in earnings | | | | 0.5 | 1.0 | 0.4 | -0.5 | -1.1 |
Other operating expenses | 6.7 | | | | 317.0 | 4.6 | -14.3 | 4.5 |
EBITDA [+] | 4.6 | 25.2 | 18.1 | -22.9 | 9.0 | -6.9 | 16.7 | 11.3 |
EBITDA growth | -81.7% | 39.2% | -179.1% | -353.0% | -230.2% | -141.6% | 47.3% | -63.9% |
EBITDA margin | 1.3% | 7.7% | 4.5% | -5.5% | 1.3% | -2.1% | 7.0% | 4.2% |
Depreciation | 17.9 | 17.4 | 17.8 | 20.2 | 20.2 | 19.4 | 11.8 | 11.8 |
EBITA | -13.3 | 7.8 | 0.3 | -43.0 | -11.1 | -26.3 | 4.9 | -0.5 |
EBITA margin | -3.8% | 2.4% | 0.1% | -10.3% | -1.6% | -7.9% | 2.1% | -0.2% |
Amortization of intangibles | | 1.2 | 1.1 | 1.2 | 1.2 | 1.1 | | |
EBIT [+] | -13.3 | 6.6 | -0.9 | -44.3 | -12.3 | -27.4 | 4.9 | -0.5 |
EBIT growth | -299.9% | -868.4% | -98.1% | 258.9% | -55.0% | -658.1% | -1112.6% | -102.4% |
EBIT margin | -3.8% | 2.0% | -0.2% | -10.6% | -1.8% | -8.3% | 2.1% | -0.2% |
Non-recurring items [+] | 0.4 | 0.2 | 10.0 | 0.1 | 0.4 | 26.7 | 0.4 | 0.5 |
Asset impairment | | | 10.1 | | | 26.7 | | |
Loss (gain) on sale of assets | 0.4 | 0.2 | 0.0 | 0.1 | 0.4 | 0.0 | 0.4 | 0.5 |
Interest expense | 3.6 | 4.1 | 5.3 | 4.1 | 3.1 | 2.4 | 0.2 | 0.2 |
Interest expense | 3.6 | 4.1 | 5.3 | 4.1 | 3.1 | 2.4 | 0.2 | 0.2 |
Other income (expense), net | 7.4 | 6.4 | 7.9 | 4.7 | -1.6 | -1.0 | 0.2 | 0.3 |
Pre-tax income | -9.8 | 8.7 | -8.4 | -43.8 | -17.4 | -57.5 | 4.5 | -0.9 |
Income taxes | 2.3 | -0.5 | 2.1 | 0.3 | -1.4 | 22.7 | 2.6 | -0.8 |
Tax rate | | | | | 7.8% | | 58.3% | 85.9% |
Minority interest | 0.6 | 1.2 | 1.4 | 1.9 | 0.8 | 0.0 | | |
Earnings from continuing ops | -12.1 | 8.0 | -11.9 | -45.4 | -30.9 | -79.8 | 1.4 | -1.2 |
Earnings from discontinued ops | | | -9.1 | -23.9 | 3.7 | | | |
Net income | -12.1 | 8.0 | -21.0 | -69.3 | -27.1 | -79.8 | 1.4 | -1.2 |
Net margin | -3.5% | 2.4% | -5.3% | -16.5% | -3.9% | -24.1% | 0.6% | -0.4% |
|
Basic EPS [+] | ($0.64) | $0.56 | ($0.95) | ($3.65) | ($2.51) | ($6.68) | $0.13 | ($0.11) |
Growth | -214.6% | -159.1% | -74.1% | 45.7% | -62.5% | -5176.1% | -215.3% | -109.5% |
Diluted EPS [+] | ($0.64) | $0.54 | ($0.95) | ($3.65) | ($2.51) | ($6.68) | $0.13 | ($0.11) |
Growth | -217.6% | -157.6% | -74.1% | 45.7% | -62.5% | -5181.9% | -215.2% | -109.5% |
|
Dividends per share [+] | | | | | $0.09 | $0.36 | $0.72 | $0.72 |
Growth | | | | -100.0% | -75.0% | -50.0% | 0.0% | 0.0% |
|
Shares outstanding (basic) [+] | 19.0 | 14.3 | 12.6 | 12.4 | 12.3 | 12.0 | 10.4 | 10.4 |
Growth | 32.8% | 13.4% | 1.1% | 1.0% | 3.2% | 14.5% | 0.3% | 0.5% |
Shares outstanding (diluted) [+] | 19.0 | 14.6 | 12.6 | 12.4 | 12.3 | 12.0 | 10.4 | 10.4 |
Growth | 29.5% | 16.3% | 1.1% | 1.0% | 3.2% | 14.4% | 0.4% | 0.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |