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 |
| Revenues | 2,249.4 | 1,845.5 | 1,734.9 | 1,784.5 | 1,794.7 |
| Revenue growth | 21.9% | 6.4% | -2.8% | -0.6% | |
| Cost of goods sold | 1,087.7 | 686.0 | 651.4 | 672.5 | 708.2 |
| Gross profit | 1,161.8 | 1,159.5 | 1,083.5 | 1,112.0 | 1,086.6 |
| Gross margin | 51.6% | 62.8% | 62.5% | 62.3% | 60.5% |
| Selling, general and administrative | 518.9 | 441.2 | 874.2 | 1,064.7 | 985.6 |
| EBITA | 35.5 | 158.0 | 75.8 | 60.7 | 111.7 |
| EBITA margin | 1.6% | 8.6% | 4.4% | 3.4% | 6.2% |
| Amortization of intangibles | 9.3 | 5.5 | 6.8 | 13.3 | 10.7 |
| EBIT | 26.2 | 152.5 | 69.0 | 47.4 | 101.0 |
| EBIT margin | 1.2% | 8.3% | 4.0% | 2.7% | 5.6% |
| Pre-tax income | -14.7 | 145.9 | -397.8 | 34.3 | 63.6 |
| Income taxes | -9.5 | 35.9 | -131.9 | 6.2 | 12.9 |
| Tax rate | 64.2% | 24.6% | 33.2% | 18.0% | 20.3% |
| Net income | -5.3 | 109.9 | -265.9 | 28.1 | 50.7 |
| Net margin | -0.2% | 6.0% | -15.3% | 1.6% | 2.8% |
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| Diluted EPS | ($0.17) | $3.26 | ($7.85) | $0.83 | $1.50 |
| Shares outstanding (diluted) | 30.9 | 33.7 | 33.9 | 33.8 | 33.8 |
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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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