Financials
Value 2020202120222023202420252026 TTM Selling/general/admin expenses 470.3 M519.2 M554.8 M602.3 M636.7 M641 M679.2 M 679.2 M Research & development 61.2 M67.8 M69.1 M78.1 M93.6 M87.8 M76.1 M 76.1 M Operating income 340.1 M384.7 M443.5 M480.2 M544.1 M495.4 M599.9 M 599.9 M Non-Operating Income, Total 4.7 M3.6 M3.5 M9.4 M15.9 M24.6 M25.6 M 32.3 M Interest expense, net of interest capitalized 17.4 M13 M14.9 M19.2 M21.4 M24.2 M36 M 36 M Non-Operating Income, excl. Interest Expenses -25.2 M-18.7 M-21.2 M-17.5 M-18.1 M-20.6 M-32.3 M -25.6 M Unusual income/expense 12.5 M9.3 M9.8 M7.7 M12.6 M21 M21.9 M 21.9 M Pretax income 340.4 M385.2 M440.1 M468.7 M535.3 M492.2 M585.8 M 585.8 M Equity in earnings 5.2 M4.2 M1.7 M3.6 M7.4 M8.3 M8 M — Taxes 78.2 M94.1 M105.6 M109.9 M121.3 M125.2 M132 M 132 M Non-controlling/minority interest ——————— — After tax other income/expense -23.9 M-19.6 M-10.6 M-7.3 M-3.7 M5.9 M-9.8 M -9.8 M Net income before discontinued operations 257 M286.9 M332.8 M358.8 M414 M367 M453.8 M 453.8 M Discontinued operations ——————— — Net income 257 M286.9 M332.8 M358.8 M414 M367 M453.8 M 453.8 M Dilution adjustment ——————— — Preferred dividends ——————— — Diluted net income available to common stockholders 257 M286.9 M332.8 M358.8 M414 M367 M453.8 M 453.8 M Basic earnings per share (Basic EPS) 2.032.272.692.953.433.093.92 3.92 Diluted earnings per share (Diluted EPS) 22.242.662.93.383.053.85 3.85 Average basic shares outstanding 126.9 M126.4 M123.7 M121.8 M120.7 M118.7 M115.8 M — Diluted shares outstanding 128.3 M128.2 M125.2 M123.6 M122.6 M120.4 M117.9 M — EBITDA 430.8 M480 M537.3 M572.5 M642.5 M594.9 M705.9 M 705.9 M EBIT 337 M384.7 M443.5 M480.2 M544.1 M495.4 M599.9 M 599.9 M Cost of revenue 1.71 B1.88 B2.24 B2.27 B2.31 B2.4 B2.54 B 2.54 B Other cost of goods sold ——————— — Depreciation & amortization (cash flow) 87.6 M95.3 M93.8 M92.3 M98.4 M99.5 M106 M 106 M