Financial Summary (All financials)
In millions, except per share items | Dec-26-21 | Dec-27-20 | Dec-29-19 | Dec-30-18 | Dec-31-17 | Dec-25-16 | Dec-27-15 | Dec-28-14 |
Revenues | 2,074.9 | 1,783.6 | 1,812.2 | 1,748.6 | 1,675.6 | 1,555.3 | 1,579.2 | 1,588.5 |
Revenue growth | 16.3% | -1.6% | 3.6% | 4.4% | 7.7% | -1.5% | -0.6% | 0.7% |
Cost of goods sold | 1,093.2 | 1,021.4 | 1,044.8 | 947.9 | 802.7 | 822.1 | 803.9 | 841.5 |
Gross profit | 981.6 | 762.2 | 767.4 | 800.7 | 872.9 | 733.3 | 775.3 | 747.1 |
Gross margin | 47.3% | 42.7% | 42.3% | 45.8% | 52.1% | 47.1% | 49.1% | 47.0% |
Selling, general and administrative | | | | | 815.1 | 728.3 | 713.8 | 761.1 |
Sales and marketing | 294.9 | 229.0 | 272.6 | 271.2 | | | | |
Research and development | 160.9 | 133.4 | 106.4 | 84.1 | | | | |
General and administrative | 250.1 | 223.6 | 206.8 | 196.6 | | | | |
EBIT | 271.9 | 181.3 | 179.6 | 179.4 | 195.2 | 59.9 | 135.8 | 100.3 |
EBIT margin | 13.1% | 10.2% | 9.9% | 10.3% | 11.7% | 3.9% | 8.6% | 6.3% |
Pre-tax income | 290.5 | 115.4 | 164.5 | 176.1 | 111.2 | 30.5 | 96.8 | 29.9 |
Income taxes | 70.5 | 14.6 | 24.5 | 48.6 | 104.0 | 4.4 | 33.9 | -3.5 |
Tax rate | 24.3% | 12.6% | 14.9% | 27.6% | 93.5% | 14.5% | 35.0% | |
Earnings from continuing ops | 220.0 | 100.1 | 140.0 | 125.7 | 4.3 | 55.2 | 63.2 | 67.8 |
Earnings from discontinued ops | | | | | | | | -1.1 |
Net income | 220.0 | 100.1 | 140.0 | 125.7 | 4.3 | 55.2 | 63.2 | 66.7 |
Net margin | 10.6% | 5.6% | 7.7% | 7.2% | 0.3% | 3.5% | 4.0% | 4.2% |
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Diluted EPS | $1.31 | $0.60 | $0.84 | $0.75 | $0.03 | $0.34 | $0.38 | $0.42 |
Shares outstanding (diluted) | 168.5 | 168.0 | 167.5 | 166.9 | 164.3 | 162.8 | 166.4 | 161.3 |
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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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