Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 |
Revenues | 904.7 | 786.6 | 635.0 | 704.6 | 633.8 | 515.0 | 781.9 | 390.1 |
Revenue growth | 15.0% | 23.9% | -9.9% | 11.2% | 23.1% | -34.1% | 100.4% | -3.0% |
Cost of goods sold | 515.2 | 449.2 | 357.7 | 410.9 | 355.5 | 283.9 | 225.6 | 210.0 |
Gross profit | 389.6 | 337.4 | 277.3 | 293.8 | 278.3 | 231.1 | 556.3 | 180.1 |
Gross margin | 43.1% | 42.9% | 43.7% | 41.7% | 43.9% | 44.9% | 71.1% | 46.2% |
Selling, general and administrative | 224.4 | 208.8 | 181.9 | 192.5 | 177.4 | 159.8 | 134.8 | 122.8 |
Research and development | 12.7 | 11.4 | 11.3 | 10.9 | 10.6 | 9.6 | 7.4 | 6.7 |
EBITA | 172.9 | 138.0 | 103.2 | 110.5 | 104.5 | 73.8 | 54.8 | 55.1 |
EBITA margin | 19.1% | 17.5% | 16.3% | 15.7% | 16.5% | 14.3% | 7.0% | 14.1% |
Amortization of intangibles | 20.5 | 20.9 | 19.1 | 20.2 | 14.2 | 12.0 | 8.1 | 5.0 |
EBIT | 152.4 | 117.2 | 84.1 | 90.4 | 90.3 | 61.8 | 46.6 | 50.1 |
EBIT margin | 16.8% | 14.9% | 13.2% | 12.8% | 14.3% | 12.0% | 6.0% | 12.8% |
Pre-tax income | 165.6 | 112.1 | 73.7 | 68.9 | 79.5 | 57.7 | 44.5 | 49.4 |
Income taxes | 43.9 | 27.2 | 17.9 | 16.4 | 18.5 | 26.1 | 12.1 | 14.8 |
Tax rate | 26.5% | 24.2% | 24.4% | 23.7% | 23.2% | 45.2% | 27.1% | 29.9% |
Earnings from continuing ops | 120.9 | 84.0 | 55.2 | 52.1 | 60.4 | 31.1 | 32.1 | 34.3 |
Earnings from discontinued ops | | | | | | | 0.0 | 0.1 |
Net income | 120.9 | 84.0 | 55.2 | 52.1 | 60.4 | 31.1 | 32.1 | 34.4 |
Net margin | 13.4% | 10.7% | 8.7% | 7.4% | 9.5% | 6.0% | 4.1% | 8.8% |
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Diluted EPS | $10.35 | $7.21 | $4.77 | $4.54 | $5.30 | $2.75 | $2.88 | $3.09 |
Shares outstanding (diluted) | 11.7 | 11.7 | 11.6 | 11.5 | 11.4 | 11.3 | 11.1 | 11.1 |
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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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