Financial Summary (All financials)
In millions, except per share items | Dec-30-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-25-20 | Dec-27-19 | Dec-28-18 | Dec-29-17 |
Revenues | 2,374.3 | 2,374.3 | 2,101.6 | 2,101.6 | 1,398.6 | 1,066.2 | 1,096.5 | 924.4 |
Revenue growth | 13.0% | 13.0% | 50.3% | | 31.2% | -2.8% | 18.6% | 64.3% |
Cost of goods sold | 1,909.3 | 1,909.3 | 1,671.6 | 1,671.6 | 1,106.8 | 869.4 | 920.7 | 756.7 |
Gross profit | 465.0 | 465.0 | 430.0 | 430.0 | 291.8 | 196.8 | 175.8 | 167.7 |
Gross margin | 19.6% | 19.6% | 20.5% | 20.5% | 20.9% | 18.5% | 16.0% | 18.1% |
Sales and marketing | 54.4 | 54.4 | 48.2 | 48.2 | 25.1 | 22.4 | 16.3 | 13.7 |
Research and development | | 28.5 | | 24.5 | | 14.6 | 13.3 | 11.7 |
General and administrative | | 184.3 | | 171.6 | | 129.9 | 85.5 | 52.8 |
EBITA | 2,059.7 | 120.4 | 1,890.7 | 185.7 | 1,248.0 | 50.0 | 70.3 | 94.9 |
EBITA margin | 86.7% | 5.1% | 90.0% | 8.8% | 89.2% | 4.7% | 6.4% | 10.3% |
Amortization of intangibles | 30.0 | | 33.4 | | 19.8 | 20.1 | 9.6 | 5.4 |
EBIT | 2,029.7 | 120.4 | 1,857.3 | 185.7 | 1,228.2 | 29.9 | 60.7 | 89.5 |
EBIT margin | 85.5% | 5.1% | 88.4% | 8.8% | 87.8% | 2.8% | 5.5% | 9.7% |
Pre-tax income | 88.3 | 88.3 | 154.3 | 154.3 | 99.7 | 2.3 | 52.3 | 87.0 |
Income taxes | 37.9 | 37.9 | 27.9 | 27.9 | 19.3 | 10.0 | 15.3 | 11.9 |
Tax rate | 42.9% | 42.9% | 18.1% | 18.1% | 19.4% | 434.8% | 29.3% | 13.7% |
Net income | 40.4 | 50.4 | 119.5 | 126.4 | 77.6 | -9.4 | 36.6 | 75.1 |
Net margin | 1.7% | 2.1% | 5.7% | 6.0% | 5.5% | -0.9% | 3.3% | 8.1% |
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Diluted EPS | $0.88 | $45.20 | $2.69 | $43.50 | $1.89 | ($0.24) | $0.94 | $2.19 |
Shares outstanding (diluted) | 45.7 | 1.1 | 44.4 | 2.9 | 41.1 | 39.5 | 38.9 | 34.3 |
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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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