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 | Dec-31-15 |
| Revenues | 1,110.9 | 1,318.9 | 1,124.4 | 1,033.4 | 958.2 | 920.3 | 857.8 | 897.8 |
| Revenue growth | -15.8% | 17.3% | 8.8% | 7.9% | 4.1% | 7.3% | -4.5% | -8.5% |
| Cost of goods sold | 740.8 | 946.9 | 833.3 | 719.9 | 668.4 | 663.3 | 645.5 | 673.7 |
| Gross profit | 370.1 | 372.0 | 291.1 | 313.5 | 289.8 | 257.0 | 212.3 | 224.1 |
| Gross margin | 33.3% | 28.2% | 25.9% | 30.3% | 30.2% | 27.9% | 24.7% | 25.0% |
| Selling, general and administrative | 59.9 | 1,169.4 | 1,029.7 | 958.5 | 913.3 | 900.8 | 879.7 | 900.2 |
| Research and development | | 80.5 | 82.1 | 81.6 | 74.5 | 72.0 | 70.4 | 66.5 |
| EBIT | 45.6 | 224.6 | 169.0 | 74.9 | 44.9 | 55.7 | 34.8 | 13.9 |
| EBIT margin | 4.1% | 17.0% | 15.0% | 7.2% | 4.7% | 6.1% | 4.1% | 1.5% |
| Pre-tax income | 45.6 | 224.6 | 169.0 | 74.9 | 44.9 | 19.6 | -21.9 | -2.4 |
| Income taxes | 13.4 | 65.7 | 46.0 | 22.0 | 16.0 | -2.1 | -12.3 | -4.4 |
| Tax rate | 29.5% | 29.2% | 27.2% | 29.3% | 35.6% | | 56.0% | 180.8% |
| Earnings from continuing ops | 32.1 | 159.0 | 123.0 | 53.0 | 28.9 | 21.7 | -20.9 | -3.8 |
| Earnings from discontinued ops | | | | | | | 10.1 | 5.7 |
| Net income | 32.1 | 159.0 | 123.0 | 53.0 | 28.9 | 22.8 | -10.8 | 2.0 |
| Net margin | 2.9% | 12.1% | 10.9% | 5.1% | 3.0% | 2.5% | -1.3% | 0.2% |
| |
| Diluted EPS | $2.55 | $11.70 | $9.30 | $3.82 | $2.05 | $1.59 | ($1.56) | ($0.28) |
| Shares outstanding (diluted) | 12.6 | 13.6 | 13.2 | 13.9 | 14.1 | 13.7 | 13.4 | 13.6 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|