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 | 1,074.3 | 1,028.2 | 996.4 | 980.3 | 963.9 | 923.6 | 907.2 | 872.1 |
Revenue growth | 4.5% | 3.2% | 1.6% | 1.7% | 4.4% | 1.8% | 4.0% | 10.5% |
Cost of goods sold | 932.8 | 896.2 | 861.3 | 877.7 | 862.2 | 820.1 | 799.8 | 767.1 |
Gross profit | 141.5 | 132.1 | 135.1 | 102.7 | 101.7 | 103.5 | 107.4 | 104.9 |
Gross margin | 13.2% | 12.8% | 13.6% | 10.5% | 10.5% | 11.2% | 11.8% | 12.0% |
Selling, general and administrative | 48.9 | 42.0 | 42.4 | 41.9 | 42.7 | 39.0 | 37.1 | 34.4 |
EBIT | 59.2 | 48.2 | 49.0 | 56.1 | 54.1 | 60.5 | 67.1 | 68.0 |
EBIT margin | 5.5% | 4.7% | 4.9% | 5.7% | 5.6% | 6.6% | 7.4% | 7.8% |
Pre-tax income | 150.0 | 52.4 | 88.0 | 74.9 | 74.5 | 80.2 | 85.3 | 85.2 |
Income taxes | 11.0 | 10.4 | 20.0 | 16.2 | 18.9 | 29.7 | 32.1 | 31.8 |
Tax rate | 7.3% | 19.9% | 22.8% | 21.6% | 25.3% | 37.0% | 37.7% | 37.4% |
Net income | 138.6 | 41.9 | 68.2 | 59.0 | 56.2 | 50.5 | 46.3 | 44.7 |
Net margin | 12.9% | 4.1% | 6.8% | 6.0% | 5.8% | 5.5% | 5.1% | 5.1% |
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Diluted EPS | $8.99 | $2.72 | $4.44 | $3.87 | $3.69 | $3.32 | $3.20 | $3.14 |
Shares outstanding (diluted) | 15.4 | 15.4 | 15.4 | 15.2 | 15.2 | 15.2 | 14.5 | 14.2 |
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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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