Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

627.9

844.5

1,207.8

1,794.1

1,821.1

1,894.2

Total Revenues % Chg.

7.8%

34.5%

43%

48.5%

1.5%

2.5%

Cost of Goods Sold, Total

281.6

378.5

522.3

745.6

800

846.5

Gross Profit

346.3

466

685.5

1,048.6

1,021.1

1,047.7

Selling General & Admin Expenses, Total

133.5

161.7

232.4

281.6

275.7

299.9

R&D Expenses

107.8

137.6

190.6

240.2

263.6

290.2

Other Operating Expenses, Total

241.3

299.3

423

521.8

539.4

590.1

Operating Income

105

166.7

262.4

526.8

481.7

457.6

Interest And Investment Income

7.3

9.3

11.6

14.4

23.4

26.1

Net Interest Expenses

7.3

9.3

11.6

14.4

23.4

26.1

Currency Exchange Gains (Loss)

-0.3

-1.4

-0.7

0.5

-0.2

-0.2

Other Non Operating Income (Expenses)

4.3

5.5

3.5

-12.4

-5.8

-13.4

EBT, Excl. Unusual Items

116.3

180.1

276.9

529.2

499.1

470.1

Merger & Related Restructuring Charges

-0.4

Gain (Loss) On Sale Of Investments

-0.7

-3

-4.7

-4.3

6.7

16.8

Legal Settlements

-2.5

-7.8

Other Unusual Items

EBT, Incl. Unusual Items

113.1

169.3

272.2

524.9

505.8

486.5

Income Tax Expense

4.3

5

30.2

87.3

78.5

75.5

Earnings From Continuing Operations

108.8

164.4

242

437.7

427.4

411

Net Income

108.8

164.4

242

437.7

427.4

411

Net Income to Common Incl Extra Items

108.8

164.4

242

437.7

427.4

411

Net Income to Common Excl. Extra Items

108.8

164.4

242

437.7

427.4

411

Total Shares Outstanding

43.6

45.3

46.3

47.1

48

48.7

Weighted Avg. Shares Outstanding

43.2

44.8

45.9

46.7

47.6

48.3

Weighted Avg. Shares Outstanding Dil

45.8

47

47.9

48.4

48.8

48.9

EPS

2.5

3.7

5.3

9.4

9

8.5

EPS Diluted

2.4

3.5

5.1

9.1

8.8

8.4

EBITDA

119.9

185.9

291.1

563.9

521.9

494.7

Effective Tax Rate

3.8%

2.9%

11.1%

16.6%

15.5%

15.5%