Financial Summary (All financials)
| In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
| Revenues | 573.0 | 561.3 | 549.0 | 644.8 | 669.9 | 661.9 | 879.4 | 950.8 |
| Revenue growth | 2.1% | 2.3% | -14.9% | -3.8% | 1.2% | -24.7% | -7.5% | 10.2% |
| Cost of goods sold | 304.6 | 268.2 | 252.3 | 245.0 | 224.2 | 198.4 | 207.9 | 169.7 |
| Gross profit | 268.3 | 293.1 | 296.7 | 399.7 | 445.7 | 463.5 | 671.5 | 781.0 |
| Gross margin | 46.8% | 52.2% | 54.0% | 62.0% | 66.5% | 70.0% | 76.4% | 82.1% |
| Selling, general and administrative | | | | | 129.5 | 121.9 | 126.5 | 135.9 |
| Sales and marketing | 98.8 | 48.3 | 32.9 | 31.8 | 39.5 | 33.7 | 40.8 | 43.6 |
| Research and development | | | | | 63.2 | 70.4 | 70.6 | 71.2 |
| EBIT | 58.7 | 92.3 | -368.4 | 349.5 | 294.3 | 306.8 | 515.2 | 617.5 |
| EBIT margin | 10.2% | 16.4% | -67.1% | 54.2% | 43.9% | 46.3% | 58.6% | 64.9% |
| Pre-tax income | 38.2 | 77.9 | -391.1 | 298.0 | 356.9 | 292.4 | 560.8 | 636.8 |
| Income taxes | 12.8 | 19.6 | 9.7 | 53.5 | 74.7 | 82.0 | 103.8 | 95.3 |
| Tax rate | 33.4% | 25.2% | | 17.9% | 20.9% | 28.0% | 18.5% | 15.0% |
| Earnings from continuing ops | 25.4 | 58.3 | -386.7 | 244.2 | 281.8 | 421.9 | 913.7 | 1,082.7 |
| Earnings from discontinued ops | | | | | | -0.3 | -0.4 | -0.2 |
| Net income | 25.4 | 58.3 | -386.7 | 244.2 | 281.8 | 421.6 | 913.4 | 1,082.4 |
| Net margin | 4.4% | 10.4% | -70.4% | 37.9% | 42.1% | 63.7% | 103.9% | 113.9% |
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| Diluted EPS | $0.68 | $1.55 | ($10.12) | $6.35 | $7.23 | $10.51 | $22.12 | $25.28 |
| Shares outstanding (diluted) | 37.6 | 37.6 | 38.2 | 38.5 | 39.0 | 40.2 | 41.3 | 42.8 |
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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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