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 | Dec-31-17 | Dec-31-16 |
| Revenues | 1,188.8 | 1,076.4 | 892.7 | 775.6 | 200.9 | 504.4 | 196.6 |
| Revenue growth | 10.4% | 20.6% | 15.1% | 286.1% | -60.2% | 156.6% | |
| Cost of goods sold | 447.1 | 421.8 | 364.3 | 344.1 | 296.4 | 263.4 | 228.6 |
| Gross profit | 741.6 | 654.7 | 528.3 | 431.4 | -95.5 | 241.0 | -32.0 |
| Gross margin | 62.4% | 60.8% | 59.2% | 55.6% | -47.5% | 47.8% | -16.3% |
| Selling, general and administrative | | | | | 113.7 | | 89.6 |
| Research and development | 65.9 | 56.2 | 47.5 | 39.3 | | 30.0 | |
| General and administrative | 84.3 | 68.3 | 63.7 | 63.0 | 71.4 | 53.3 | 55.6 |
| EBITA | 519.8 | 462.1 | 362.8 | 289.2 | 118.1 | 89.1 | 93.1 |
| EBITA margin | 43.7% | 42.9% | 40.6% | 37.3% | 58.8% | 17.7% | 47.4% |
| Amortization of intangibles | 107.2 | 103.3 | 99.4 | 99.4 | | | |
| EBIT | 412.6 | 358.8 | 263.4 | 189.8 | 118.1 | 89.1 | 93.1 |
| EBIT margin | 34.7% | 33.3% | 29.5% | 24.5% | 58.8% | 17.7% | 47.4% |
| Pre-tax income | 437.1 | 370.0 | 274.5 | 225.3 | 120.6 | 89.8 | 92.4 |
| Income taxes | 77.5 | 96.9 | 56.1 | 52.3 | 21.1 | 6.1 | -0.7 |
| Tax rate | 17.7% | 26.2% | 20.4% | 23.2% | 17.5% | 6.8% | |
| Net income | 309.3 | 226.8 | 166.3 | 126.1 | 56.9 | 83.6 | 0.0 |
| Net margin | 26.0% | 21.1% | 18.6% | 16.3% | 28.3% | 16.6% | 0.0% |
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| Diluted EPS | $1.48 | $1.09 | $0.88 | $0.81 | | $0.39 | |
| Shares outstanding (diluted) | 208.4 | 207.3 | 188.2 | 156.5 | | 215.6 | |
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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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