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 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 1,794.1 | 1,207.8 | 844.5 | 627.9 | 582.4 | 470.9 | 388.7 | 333.1 |
| Revenue growth | 48.5% | 43.0% | 34.5% | 7.8% | 23.7% | 21.2% | 16.7% | 17.9% |
| Cost of goods sold | 745.6 | 522.3 | 378.5 | 281.6 | 259.7 | 212.6 | 177.8 | 152.9 |
| Gross profit | 1,048.6 | 685.5 | 466.0 | 346.3 | 322.7 | 258.3 | 210.9 | 180.2 |
| Gross margin | 58.4% | 56.8% | 55.2% | 55.2% | 55.4% | 54.8% | 54.3% | 54.1% |
| Selling, general and administrative | 273.6 | 226.2 | 161.7 | 133.5 | 113.8 | 97.3 | 83.0 | 72.3 |
| Research and development | 240.2 | 190.6 | 137.6 | 107.8 | 93.5 | 82.4 | 73.6 | 65.8 |
| EBITA | 534.8 | 268.6 | 166.7 | 105.0 | 113.5 | 77.4 | 56.5 | 41.1 |
| EBITA margin | 29.8% | 22.2% | 19.7% | 16.7% | 19.5% | 16.4% | 14.5% | 12.3% |
| Amortization of intangibles | | | | | | | 2.1 | |
| EBIT | 534.8 | 268.6 | 166.7 | 105.0 | 113.5 | 77.4 | 54.4 | 41.1 |
| EBIT margin | 29.8% | 22.2% | 19.7% | 16.7% | 19.5% | 16.4% | 14.0% | 12.3% |
| Pre-tax income | 524.9 | 272.2 | 169.3 | 113.1 | 118.5 | 82.9 | 57.3 | 42.5 |
| Income taxes | 87.3 | 30.2 | 5.0 | 4.3 | 13.2 | 17.7 | 4.5 | 7.3 |
| Tax rate | 16.6% | 11.1% | 2.9% | 3.8% | 11.2% | 21.4% | 7.9% | 17.2% |
| Net income | 437.7 | 242.0 | 164.4 | 108.8 | 105.3 | 65.2 | 52.7 | 35.2 |
| Net margin | 24.4% | 20.0% | 19.5% | 17.3% | 18.1% | 13.8% | 13.6% | 10.6% |
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| Diluted EPS | $9.05 | $5.05 | $3.50 | $2.38 | $2.36 | $1.50 | $1.26 | $0.86 |
| Shares outstanding (diluted) | 48.4 | 47.9 | 47.0 | 45.8 | 44.6 | 43.6 | 41.9 | 40.9 |
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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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