Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| Revenues | 319.2 | 217.3 | 327.9 | 379.2 | 0.0 |
| Revenue growth | 46.9% | -33.7% | -13.5% | | |
| Cost of goods sold | 124.3 | 148.7 | 0.0 | 0.0 | 0.0 |
| Gross profit | 195.0 | 68.6 | 327.9 | 379.2 | 0.0 |
| Gross margin | 61.1% | 31.6% | 100.0% | 100.0% | |
| Selling, general and administrative | | | | 0.0 | 0.0 |
| General and administrative | 64.8 | 64.8 | 53.0 | 47.7 | 0.0 |
| EBITA | 194.5 | 68.8 | 212.4 | 256.0 | 0.0 |
| EBITA margin | 60.9% | 31.6% | 64.8% | 67.5% | |
| Amortization of intangibles | | | 8.7 | 9.5 | |
| EBIT | 194.5 | 68.8 | 203.7 | 246.5 | 0.0 |
| EBIT margin | 60.9% | 31.6% | 62.1% | 65.0% | |
| Pre-tax income | 109.0 | 2.8 | 180.5 | 209.7 | 0.0 |
| Income taxes | 11.6 | 9.7 | 23.5 | 13.4 | 0.0 |
| Tax rate | 10.6% | 348.8% | 13.0% | 6.4% | |
| Net income | 30.5 | -28.8 | 143.3 | 181.0 | 0.0 |
| Net margin | 9.6% | -13.2% | 43.7% | 47.7% | |
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| Diluted EPS | $0.14 | ($0.13) | $0.65 | $0.83 | |
| Shares outstanding (diluted) | 221.8 | 219.0 | 219.6 | 219.1 | |
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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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