| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Horizon Americas | 456.4 | 382.4 | 372.7 | 390.8 | 439.7 | 443.2 | 429.3 | 446.7 |
| Horizon Europe-Africa | | | 198.5 | 323.3 | | | | |
| Horizon Asia-Pacific | 105.3 | 100.7 | 106.0 | 115.9 | 127.3 | 101.9 | 95.3 | 111.0 |
| Other Europe | 68.9 | 63.5 | 95.7 | 118.6 | | | | |
| Other | 151.5 | 114.7 | | | -1,044.8 | -873.6 | 50.9 | 54.1 |
| Total revenues | 782.1 | 661.2 | 690.5 | 714.0 | -477.8 | -328.5 | 575.5 | 611.8 |
| Revenue growth [+] | 18.3% | -4.2% | -3.3% | -249.4% | 45.4% | -157.1% | -5.9% | 4.0% |
| Horizon Americas | 19.4% | 2.6% | -4.6% | -11.1% | -0.8% | 3.2% | -3.9% | 2.3% |
| Horizon Europe-Africa | | | -38.6% | | | | | |
| Horizon Asia-Pacific | 4.6% | -5.0% | -8.6% | -8.9% | 25.0% | 6.9% | -14.1% | -26.8% |
| Other Europe | 8.5% | -33.7% | -19.3% | | | | | |
| Cost of goods sold | 639.5 | 540.7 | 594.2 | 604.5 | -685.4 | -488.9 | 432.5 | 463.7 |
| Gross profit | 142.6 | 120.6 | 96.2 | 109.5 | 207.6 | 160.4 | 143.0 | 148.1 |
| Gross margin | 18.2% | 18.2% | 13.9% | 15.3% | -43.5% | -48.8% | 24.9% | 24.2% |
| Selling, general and administrative | 135.4 | 127.5 | 154.2 | 171.1 | 171.6 | 145.2 | 121.4 | 122.9 |
| Other operating expenses | -0.1 | 0.0 | -0.3 | -0.7 | 0.1 | 0.8 | | |
| Adjusted EBITDA | 32.8 | 19.0 | -33.8 | -38.9 | 64.9 | 36.5 | 41.3 | 46.8 |
| Adjusted EBITDA margin | 4.2% | 2.9% | -4.9% | -5.4% | -13.6% | -11.1% | 7.2% | 7.6% |
| Stock-based compensation | 3.5 | 3.0 | 2.2 | 1.6 | 3.6 | 3.9 | 2.5 | 2.7 |
| EBITDA [+] | 29.3 | 16.0 | -36.0 | -40.4 | 61.2 | 32.6 | 38.8 | 44.1 |
| EBITDA growth | 83.5% | -144.4% | -11.0% | -166.0% | 87.6% | -15.8% | -12.1% | 90.1% |
| EBITDA margin | 3.7% | 2.4% | -5.2% | -5.7% | -12.8% | -9.9% | 6.7% | 7.2% |
| Depreciation | 14.7 | 16.3 | 15.9 | 12.3 | 14.9 | 10.3 | 9.7 | 11.4 |
| EBITA | 14.6 | -0.3 | -51.9 | -52.7 | 46.3 | 22.4 | 29.0 | 32.8 |
| EBITA margin | 1.9% | 0.0% | -7.5% | -7.4% | -9.7% | -6.8% | 5.0% | 5.4% |
| Amortization of intangibles | 7.3 | 6.6 | 5.8 | 8.3 | 10.4 | 8.0 | 7.3 | 7.6 |
| EBIT [+] | 7.3 | -6.9 | -57.7 | -61.0 | 35.9 | 14.4 | 21.7 | 25.2 |
| EBIT growth | -205.3% | -88.0% | -5.5% | -270.0% | 148.8% | -33.5% | -13.9% | 570.2% |
| EBIT margin | 0.9% | -1.0% | -8.3% | -8.5% | -7.5% | -4.4% | 3.8% | 4.1% |
| Non-recurring items [+] | 0.1 | 0.0 | -0.5 | 129.6 | 1.1 | 8.1 | 2.1 | 0.7 |
| Asset impairment | | | | 126.8 | | 8.4 | | |
| Loss (gain) on sale of assets | | | -0.8 | 2.2 | 1.2 | 0.5 | 2.1 | 0.7 |
| Interest expense | 28.0 | 31.7 | 58.3 | 27.5 | 22.4 | 20.1 | 8.8 | 0.7 |
| Interest expense | 28.0 | 31.7 | 58.3 | 27.5 | 22.4 | 20.1 | 8.8 | 0.7 |
| Other income (expense), net [+] | -12.5 | -0.5 | -5.4 | -12.8 | -7.4 | -2.6 | -3.7 | -3.2 |
| Gain (loss) on debt retirement | | | | | -4.6 | | | |
| Other | -8.4 | -0.5 | -5.4 | -12.8 | -2.7 | -2.6 | -3.7 | -3.2 |
| Pre-tax income | -33.3 | -39.1 | -120.8 | -230.9 | 5.0 | -16.4 | 7.0 | 20.6 |
| Income taxes | -0.2 | -1.6 | -10.8 | -11.5 | 9.8 | -3.7 | -1.3 | 5.2 |
| Tax rate | 0.5% | 4.0% | 9.0% | 5.0% | 195.8% | 22.8% | | 25.4% |
| Earnings from continuing ops | -33.1 | -37.5 | -310.4 | -438.7 | -4.8 | -12.7 | 8.3 | 15.4 |
| Earnings from discontinued ops | | -0.5 | 189.5 | 14.5 | | | | |
| Net income | -33.1 | -38.0 | -120.8 | -424.3 | -4.8 | -12.7 | 8.3 | 15.4 |
| Net margin | -4.2% | -5.7% | -17.5% | -59.4% | 1.0% | 3.9% | 1.4% | 2.5% |
| |
| Basic EPS [+] | ($1.22) | ($1.45) | ($12.27) | ($17.51) | ($0.19) | ($0.67) | $0.46 | $0.85 |
| Growth | -15.8% | -88.2% | -29.9% | 8997.8% | -71.5% | -246.8% | -45.9% | 57.0% |
| Diluted EPS [+] | ($1.22) | ($1.45) | ($12.27) | ($17.51) | ($0.19) | ($0.67) | $0.46 | $0.85 |
| Growth | -15.8% | -88.2% | -29.9% | 8997.8% | -71.5% | -247.5% | -46.1% | 56.8% |
| |
| Shares outstanding (basic) [+] | 27.1 | 25.8 | 25.3 | 25.1 | 24.8 | 18.8 | 18.1 | 18.1 |
| Growth | 5.0% | 2.0% | 1.0% | 1.1% | 32.0% | 3.9% | 0.0% | 0.0% |
| Shares outstanding (diluted) [+] | 27.1 | 25.8 | 25.3 | 25.1 | 24.8 | 18.8 | 18.2 | 18.1 |
| Growth | 5.0% | 2.0% | 1.0% | 1.1% | 32.0% | 3.4% | 0.3% | 0.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |