Income Statement
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

287

431.1

656.4

975.2

1,296.7

1,477.7

Total Revenues % Chg.

49%

50.2%

52.3%

48.6%

33%

31.1%

Cost of Goods Sold, Total

63.4

101.1

147.1

232.6

307

335.4

Gross Profit

223.6

330

509.3

742.6

989.7

1,142.3

Selling General & Admin Expenses, Total

240.9

303.3

447.2

641.6

817.1

921.3

R&D Expenses

90.7

127.1

189.4

298.3

358.1

377.2

Other Operating Expenses, Total

331.5

430.5

636.6

939.9

1,175.2

1,298.6

Operating Income

-107.9

-100.5

-127.3

-197.3

-185.5

-156.3

Interest Expense, Total

-1.1

-25

-49.2

-5

-5.9

-4.5

Interest And Investment Income

5.8

6.6

2

14.9

68.2

81.1

Net Interest Expenses

4.7

-18.4

-47.3

9.9

62.3

76.6

Currency Exchange Gains (Loss)

-0.2

-0.9

Other Non Operating Income (Expenses)

-1.2

1.1

-0.8

0.6

-4.4

-0.6

EBT, Excl. Unusual Items

-104.7

-118.7

-175.4

-186.8

-127.6

-80.3

Merger & Related Restructuring Charges

-6.3

-0.4

-3.9

Other Unusual Items

-72.2

-50.3

-15

EBT, Incl. Unusual Items

-104.7

-125

-248

-190.7

-177.9

-95.3

Income Tax Expense

1.1

-5.6

12.3

2.6

6.1

6.7

Earnings From Continuing Operations

-105.8

-119.4

-260.3

-193.4

-183.9

-102

Net Income

-105.8

-119.4

-260.3

-193.4

-183.9

-102

Net Income to Common Incl Extra Items

-105.8

-119.4

-260.3

-193.4

-183.9

-102

Net Income to Common Excl. Extra Items

-105.8

-119.4

-260.3

-193.4

-183.9

-102

Total Shares Outstanding

300.2

308.6

323.6

330.1

337.5

341.5

Weighted Avg. Shares Outstanding

146.3

299.8

312.3

326.3

333.7

337.7

Weighted Avg. Shares Outstanding Dil

146.3

299.8

312.3

326.3

333.7

337.7

EPS

-0.7

-0.4

-0.8

-0.6

-0.6

-0.3

EPS Diluted

-0.7

-0.4

-0.8

-0.6

-0.6

-0.3

EBITDA

-85.3

-66.8

-81.5

-115.1

-71.2

-48.1

Effective Tax Rate

-1.1%

4.5%

-5%

-1.4%

-3.4%

-7.1%