Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update)
Net Sales 900.86 806.40 752.52 582.75 440.00
Revenue 900.86 806.40 752.52 582.75 440.00
Total Revenue 900.86 806.40 752.52 582.75 440.00
Cost of Revenue 475.54 434.00 412.72 329.55 248.46
Cost of Revenue, Total 475.54 434.00 412.72 329.55 248.46
Gross Profit 425.32 372.41 339.80 253.19 191.54
Selling/General/Administrative Expense 143.36 124.36 117.49 96.17 75.95
Selling/General/Administrative Expenses, Total 143.36 124.36 117.49 96.17 75.95
Research & Development 132.54 112.43 108.52 91.32 72.74
Amortization of Intangibles, Operating 25.01 27.46 30.22 19.24 4.04
Depreciation/Amortization 25.01 27.46 30.22 19.24 4.04
Investment Income - Operating -4.52 -3.45 -5.85 -5.77 -5.55
Interest/Investment Income - Operating -4.52 -3.45 -5.85 -5.77 -5.55
Interest Expense (Income), Net-Operating, Total -4.52 -3.45 -5.85 -5.77 -5.55
Purchased R&D Written-Off -- -- -- -- --
Restructuring Charge -- -- -- -- --
Impairment-Assets Held for Use -- -- -- -- --
Impairment-Assets Held for Sale -- -- -- -- --
Loss (Gain) on Sale of Assets - Operating -- -- -0.63 -- --
Other Unusual Expense (Income) -1.47 -- -- 6.76 --
Unusual Expense (Income) -1.47 -- -0.63 6.76 --
Other, Net -7.11 -5.33 -4.66 -2.67 -3.16
Other Operating Expenses, Total -7.11 -5.33 -4.66 -2.67 -3.16
Total Operating Expense 763.35 689.46 657.81 534.60 392.46
Operating Income 137.51 116.95 94.70 48.15 47.53
Interest Expense - Non-Operating -2.43 -8.06 -17.87 -7.18 -1.23
Interest Expense, Net Non-Operating -2.43 -8.06 -17.87 -7.18 -1.23
Interest Income, Non-Operating 1.16 0.67 0.65 1.07 1.50
Investment Income, Non-Operating -2.13 -18.46 -5.25 -1.81 -0.72
Interest/Investment Income, Non-Operating -0.97 -17.80 -4.61 -0.74 0.78
Interest Income (Expense), Net-Non-Operating, Total -3.41 -25.86 -22.47 -7.92 -0.45
Other Non-Operating Income (Expense) -2.13 4.82 -1.11 -1.12 -0.75
Other, Net -2.13 4.82 -1.11 -1.12 -0.75
Net Income Before Taxes 131.98 95.90 71.12 39.10 46.34
Income Tax – Total 1.09 16.31 13.79 3.42 6.93
Income After Tax 130.89 79.60 57.33 35.68 39.41
Minority Interest 1.50 0.44 0.06 0.12 0.84
Equity In Affiliates -- -0.60 -0.62 -0.42 -0.25
Net Income Before Extraordinary Items 132.39 79.44 56.77 35.38 40.00
Discontinued Operations -- -- -- -- --
Tax on Extraordinary Items -- -- -- -- --
Total Extraordinary Items -- -- -- -- --
Net Income 132.39 79.44 56.77 35.38 40.00
Income Available to Common Excluding Extraordinary Items 132.39 79.44 56.77 35.38 40.00
Income Available to Common Stocks Including Extraordinary Items 132.39 79.44 56.77 35.38 40.00
Basic Weighted Average Shares 47.99 45.53 42.41 41.70 42.57
Basic EPS Excluding Extraordinary Items 2.76 1.74 1.34 0.85 0.94
Basic EPS Including Extraordinary Items 2.76 1.74 1.34 0.85 0.94
Dilution Adjustment -- -- -- -- --
Diluted Net Income 132.39 79.44 56.77 35.38 40.00
Diluted Weighted Average Shares 48.85 46.46 43.32 42.76 43.25
Diluted EPS Excluding Extraordinary Items 2.71 1.71 1.31 0.83 0.92
Diluted EPS Including Extraordinary Items 2.71 1.71 1.31 0.83 0.92
DPS - Common Stock Primary Issue -- -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 0.00
Other Unusual Expense (Income), Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items -1.47 -- -0.63 6.76 --
Normalized Income Before Taxes 130.50 95.90 70.49 45.86 46.34
Effect of Special Items on Income Taxes -0.01 -- -0.12 0.59 --
Income Taxes Excluding Impact of Special Items 1.08 16.31 13.67 4.01 6.93
Normalized Income After Taxes 129.43 79.60 56.82 41.85 39.41
Normalized Income Available to Common 130.93 79.44 56.26 41.55 40.00
Basic Normalized EPS 2.73 1.74 1.33 1.00 0.94
Diluted Normalized EPS 2.68 1.71 1.30 0.97 0.92
Amortization of Intangibles, Supplemental 25.48 27.46 30.22 19.24 4.04
Depreciation, Supplemental 19.06 17.30 15.06 11.10 9.22
Interest Expense, Supplemental 2.43 8.06 17.87 7.18 1.23
Rental Expense, Supplemental 8.76 7.92 7.75 7.92 7.88
Stock-Based Compensation, Supplemental 9.88 -- -- -- --
Equity in Affiliates, Supplemental 4.52 2.85 5.23 5.35 5.30
Minority Interest, Supplemental 1.50 0.44 0.06 0.12 0.84
Research & Development Expense, Supplemental 132.54 112.43 108.52 91.32 72.74
Audit-Related Fees, Supplemental 1.26 1.08 1.04 1.15 0.84
Audit-Related Fees 0.22 0.35 0.08 0.26 0.03
Tax Fees, Supplemental 0.53 0.61 0.26 0.31 0.27
Gross Margin 47.21 46.18 45.15 43.45 43.53
Operating Margin 15.26 14.50 12.58 8.26 10.80
Pretax Margin 14.65 11.89 9.45 6.71 10.53
Effective Tax Rate 0.82 17.00 19.39 8.74 14.95
Net Profit Margin 14.70 9.85 7.54 6.07 9.09
Normalized EBIT 131.52 113.50 88.23 49.14 41.98
Normalized EBITDA 176.06 158.26 133.51 79.47 55.24
Current Tax - Domestic 13.08 0.49 -0.07 -0.67 -0.08
Current Tax - Foreign 20.54 18.55 15.90 4.65 8.56
Current Tax - Total 33.62 19.03 15.83 3.99 8.49
Deferred Tax - Domestic -10.87 2.99 0.60 0.95 0.26
Deferred Tax - Foreign -21.67 -5.72 -2.64 -1.52 -1.81
Deferred Tax - Total -32.53 -2.72 -2.04 -0.57 -1.56
Income Tax - Total 1.09 16.31 13.79 3.42 6.93
Defined Contribution Expense - Domestic 7.58 5.74 5.27 5.03 3.75
Total Pension Expense 7.58 5.74 5.27 5.03 3.75