Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-17 | Aug-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 1,850.7 | 858.2 | 768.7 | 260.7 | 144.4 | 180.6 | 504.8 | 1,110.5 |
| Revenue growth | 115.7% | 11.6% | | 44.3% | | -64.2% | -54.5% | 32.1% |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 5.4 | 11.2 | 4.9 | 89.1 | 97.0 |
| Gross profit | 1,850.7 | 858.2 | 768.7 | 255.3 | 133.3 | 175.7 | 415.8 | 1,013.5 |
| Gross margin | 100.0% | 100.0% | 100.0% | 97.9% | 92.3% | 97.3% | 82.4% | 91.3% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 34.9 | 32.0 | 29.2 | 26.1 | 11.4 | 24.0 | 23.5 | 32.4 |
| EBIT | 900.8 | 163.0 | 274.9 | 43.8 | 116.0 | -156.7 | -364.3 | -32.1 |
| EBIT margin | 48.7% | 19.0% | 35.8% | 16.8% | 80.3% | -86.7% | -72.2% | -2.9% |
| Pre-tax income | -230.3 | -61.6 | 124.7 | -129.3 | 83.1 | -128.0 | -1,201.6 | -81.8 |
| Income taxes | 11.4 | -9.2 | 27.8 | -17.9 | 18.9 | 7.2 | -154.4 | -24.7 |
| Tax rate | | 14.9% | 22.3% | 13.9% | 22.8% | | 12.9% | 30.2% |
| Net income | -259.2 | -83.4 | 74.5 | -111.4 | 64.1 | -135.1 | -1,047.1 | -57.1 |
| Net margin | -14.0% | -9.7% | 9.7% | -42.7% | 44.4% | -74.8% | -207.4% | -5.1% |
| |
| Diluted EPS | ($1.12) | ($0.39) | $0.40 | ($7.61) | $0.61 | ($11.52) | ($113.53) | ($6.14) |
| Shares outstanding (diluted) | 231.6 | 215.2 | 187.4 | 14.6 | 105.5 | 11.7 | 9.2 | 9.3 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|