Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 1,996.9 | 1,368.7 | 1,509.9 | 1,385.0 | 1,385.0 | 1,318.2 | 2,365.8 | 1,478.0 |
Revenue growth | 45.9% | -9.4% | 9.0% | 5.1% | | -44.3% | 60.1% | 35.2% |
Cost of goods sold | 1,628.5 | 1,095.5 | 1,407.4 | 1,262.5 | 0.0 | 1,197.2 | 1,132.0 | 1,381.2 |
Gross profit | 368.3 | 273.2 | 102.6 | 122.4 | 1,385.0 | 121.0 | 1,233.8 | 96.9 |
Gross margin | 18.4% | 20.0% | 6.8% | 8.8% | 100.0% | 9.2% | 52.2% | 6.6% |
General and administrative | 271.3 | 140.5 | 67.2 | 77.1 | 77.1 | 69.9 | 39.5 | 71.0 |
EBITA | 134.1 | 139.9 | 30.9 | 42.3 | 32.3 | 40.4 | 52.5 | 0.4 |
EBITA margin | 6.7% | 10.2% | 2.0% | 3.1% | 2.3% | 3.1% | 2.2% | 0.0% |
Amortization of intangibles | 44.3 | 16.7 | 6.2 | 3.8 | | 2.9 | 2.9 | 9.5 |
EBIT | 89.8 | 123.2 | 24.7 | 38.5 | 32.3 | 37.5 | 49.6 | -9.1 |
EBIT margin | 4.5% | 9.0% | 1.6% | 2.8% | 2.3% | 2.8% | 2.1% | -0.6% |
Pre-tax income | 40.7 | 105.6 | 24.2 | 22.9 | 22.9 | 55.1 | 44.9 | -10.1 |
Income taxes | 8.7 | 22.4 | 6.9 | 4.7 | 4.7 | 4.0 | 18.0 | 14.6 |
Tax rate | 21.5% | 21.2% | 28.4% | 20.4% | 20.4% | 7.3% | 40.1% | |
Earnings from continuing ops | -6.3 | 33.3 | -9.4 | 11.8 | 11.8 | 39.9 | 14.0 | -39.9 |
Earnings from discontinued ops | -0.3 | -0.8 | 5.9 | -37.1 | -37.1 | 2.7 | 63.0 | 107.9 |
Net income | -6.6 | 32.5 | -3.4 | -25.3 | -25.3 | 42.6 | 76.9 | 68.0 |
Net margin | -0.3% | 2.4% | -0.2% | -1.8% | -1.8% | 3.2% | 3.3% | 4.6% |
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Diluted EPS | ($0.45) | $2.43 | ($0.72) | $0.91 | $0.91 | $2.92 | $0.95 | ($2.50) |
Shares outstanding (diluted) | 14.1 | 13.7 | 13.0 | 13.0 | 13.0 | 13.7 | 14.8 | 16.0 |
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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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