Financial Summary (All financials)
| 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 |
| Revenues | 1,318.6 | 1,089.7 | 1,187.9 | 1,162.2 | 1,096.9 | 1,098.2 | 1,110.8 | 914.8 |
| Revenue growth | 21.0% | -8.3% | 2.2% | 5.9% | -0.1% | -1.1% | 21.4% | 76.9% |
| Cost of goods sold | 618.4 | 630.9 | 564.6 | 574.3 | 588.7 | 576.8 | 573.9 | 466.6 |
| Gross profit | 700.3 | 458.8 | 623.3 | 587.9 | 508.2 | 521.4 | 536.9 | 448.1 |
| Gross margin | 53.1% | 42.1% | 52.5% | 50.6% | 46.3% | 47.5% | 48.3% | 49.0% |
| Sales and marketing | 7.4 | 8.3 | 13.3 | 11.3 | 8.9 | 10.9 | 11.4 | 9.5 |
| General and administrative | 60.4 | 58.5 | 68.7 | 80.0 | 64.2 | 64.1 | 67.0 | 49.1 |
| EBITA | 632.5 | 392.0 | 541.4 | 496.6 | 435.0 | 446.4 | 458.4 | 374.8 |
| EBITA margin | 48.0% | 36.0% | 45.6% | 42.7% | 39.7% | 40.7% | 41.3% | 41.0% |
| Amortization of intangibles | 4.5 | 5.0 | 5.6 | 6.2 | 6.8 | 8.6 | 11.2 | 10.2 |
| EBIT | 628.0 | 387.0 | 535.8 | 490.4 | 428.3 | 437.8 | 447.2 | 364.6 |
| EBIT margin | 47.6% | 35.5% | 45.1% | 42.2% | 39.0% | 39.9% | 40.3% | 39.9% |
| Pre-tax income | 558.2 | -1,456.4 | 468.9 | 422.7 | 349.0 | 361.0 | 347.1 | 230.7 |
| Income taxes | 137.9 | 67.0 | 114.8 | 106.4 | 106.7 | 130.9 | 124.6 | 83.0 |
| Tax rate | 24.7% | | 24.5% | 25.2% | 30.6% | 36.3% | 35.9% | 36.0% |
| Net income | 558.2 | -1,456.4 | 468.9 | 316.3 | 242.3 | 229.9 | 222.2 | 147.2 |
| Net margin | 42.3% | -133.7% | 39.5% | 27.2% | 22.1% | 20.9% | 20.0% | 16.1% |
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| Diluted EPS | $2.54 | ($6.61) | $2.13 | $1.43 | $1.10 | $1.04 | $1.01 | $0.78 |
| Shares outstanding (diluted) | 219.6 | 220.2 | 220.7 | 220.7 | 220.8 | 220.9 | 221.0 | 187.5 |
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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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