Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 888.6 | 430.8 | 544.4 |
| Revenue growth | 106.2% | -20.9% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 |
| Gross profit | 888.6 | 430.8 | 544.4 |
| Gross margin | 100.0% | 100.0% | 100.0% |
| Selling, general and administrative | 47.1 | 42.9 | 35.5 |
| EBIT | 142.6 | 136.4 | 176.4 |
| EBIT margin | 16.0% | 31.6% | 32.4% |
| Pre-tax income | 62.4 | 46.8 | 62.0 |
| Income taxes | 21.2 | 13.9 | 13.7 |
| Tax rate | 33.9% | 29.8% | 22.1% |
| Net income | 41.2 | 32.9 | 48.3 |
| Net margin | 4.6% | 7.6% | 8.9% |
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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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