Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 964.3 | 229.8 | 319.7 | 769.5 | 1,085.1 | 1,085.8 | 613.4 | 533.4 |
Revenue growth | 319.7% | | -58.4% | -29.1% | -0.1% | 77.0% | 15.0% | 868.9% |
Cost of goods sold | 374.1 | 228.1 | 244.1 | -290.0 | 431.3 | -459.6 | -149.5 | 459.2 |
Gross profit | 590.1 | 1.6 | 75.6 | 1,059.5 | 653.8 | 1,545.4 | 762.8 | 74.2 |
Gross margin | 61.2% | 0.7% | 23.7% | 137.7% | 60.3% | 142.3% | 124.4% | 13.9% |
General and administrative | 121.2 | 38.3 | 87.1 | 63.4 | 55.5 | 57.7 | 48.6 | 45.4 |
EBITA | -178.5 | -364.8 | -285.1 | 140.2 | 274.5 | 369.2 | 210.2 | 157.1 |
EBITA margin | -18.5% | -158.8% | -89.2% | 18.2% | 25.3% | 34.0% | 34.3% | 29.5% |
Amortization of intangibles | | 85.1 | | | | | | |
EBIT | -178.5 | -449.9 | -285.1 | 140.2 | 274.5 | 369.2 | 210.2 | 157.1 |
EBIT margin | -18.5% | -195.8% | -89.2% | 18.2% | 25.3% | 34.0% | 34.3% | 29.5% |
Pre-tax income | -4,238.9 | -544.0 | -512.3 | -15.1 | 155.1 | 233.9 | 48.0 | 55.7 |
Income taxes | -260.4 | 12.4 | 12.9 | 22.1 | 28.9 | 45.6 | 22.5 | 21.7 |
Tax rate | 6.1% | | | | 18.6% | 19.5% | 46.9% | 39.0% |
Net income | -3,978.5 | -556.5 | -525.2 | -37.2 | 126.2 | 188.3 | 25.5 | 34.0 |
Net margin | -412.6% | -242.2% | -164.3% | -4.8% | 11.6% | 17.3% | 4.2% | 6.4% |
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Diluted EPS | ($15.86) | ($7.42) | ($24.64) | ($1.76) | $5.97 | $8.66 | $0.12 | $0.16 |
Shares outstanding (diluted) | 250.8 | 75.0 | 21.3 | 21.2 | 21.2 | 21.7 | 217.4 | 216.9 |
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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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