Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 54.3 | 57.7 | 51.6 | 45.2 | 39.7 | 37.0 | 33.7 | 34.6 |
Revenue growth | -6.0% | 11.9% | 14.0% | 13.9% | 7.5% | 9.5% | -2.4% | 7.0% |
Cost of goods sold | 21.3 | 20.8 | 18.7 | 17.8 | 16.4 | 14.3 | 15.0 | 12.0 |
Gross profit | 33.0 | 36.9 | 32.9 | 27.4 | 23.3 | 22.7 | 18.8 | 22.5 |
Gross margin | 60.8% | 64.0% | 63.7% | 60.6% | 58.6% | 61.3% | 55.6% | 65.2% |
Selling, general and administrative | | | | | | | | |
General and administrative | 4.4 | 4.8 | 4.0 | 4.0 | 4.1 | 3.1 | 2.7 | 1.8 |
EBITA | 19.7 | 20.7 | 19.1 | 14.2 | 7.3 | 11.8 | 16.1 | 20.8 |
EBITA margin | 36.3% | 35.8% | 37.0% | 31.3% | 18.5% | 31.8% | 47.7% | 60.0% |
Amortization of intangibles | 0.8 | 0.7 | 0.2 | 0.2 | 0.2 | | | |
EBIT | 18.9 | 20.0 | 18.9 | 14.0 | 7.2 | 11.8 | 16.1 | 20.8 |
EBIT margin | 34.9% | 34.6% | 36.6% | 30.8% | 18.0% | 31.8% | 47.7% | 60.0% |
Pre-tax income | 19.3 | 20.5 | 19.4 | 14.3 | 7.2 | 12.0 | 7.3 | 12.8 |
Income taxes | 5.1 | 5.5 | 3.6 | 6.9 | 2.0 | 3.5 | 1.6 | 4.9 |
Tax rate | 26.5% | 26.9% | 18.7% | 48.5% | 27.1% | 28.7% | 21.6% | 37.9% |
Net income | 14.2 | 15.0 | 15.7 | 7.3 | 5.3 | 8.3 | 5.5 | 7.7 |
Net margin | 26.1% | 25.9% | 30.5% | 16.2% | 13.2% | 22.4% | 16.4% | 22.4% |
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Diluted EPS | $0.83 | $0.83 | $0.96 | $0.48 | $0.39 | $0.62 | $0.41 | $0.52 |
Shares outstanding (diluted) | 17.0 | 18.0 | 16.3 | 15.3 | 13.4 | 13.4 | 13.5 | 15.0 |
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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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