Snapshot

($ amounts in millions unless otherwise noted) Year Ended December 31
2021 2020 2019
Net sales 2399.8 1853.7 1835.9
Gross profit 960.8 786.0 788.3
EBITDA 469.8 305.9 386.3
Adjusted EBITDA 524.9 422.6 416.7
Net loss attributable to common stockholders 203.3 75.7 92.2
Adjusted common shares outstanding (average) 251.4 251.2 258.4
Adjusted earnings per share $1.38 $0.96 $0.88
       
Change in accounts receivable (48.7) (27.3) 21.8
Change in inventory (46.5) 1.4 (3.8)
Change in accounts payable 16.8 (5.3) (7.0)
Capital expenditures 46.3 28.8 29.7
Proceeds from disposal of property, plant and equipment - 1.7 4.6
Cash paid for interest 50.6 51.8 125.4
Cash paid for income taxes 71.2 66.5 71.2
       
Reported net sales growth (%) 29% 1% -6%
Organic net sales growth (%) 13% -3% -4%
Gross margin (%) 40% 42% 43%
Adjusted EBITDA margin (%) 22% 23% 23%
Capital expenditures as a % of net sales 2% 2% 2%
       
Segment Financials      
Electronics      
Net sales 1533.8 1,172.1 1,085.7
Gross profit 595.8 477.2 447.3
Adjusted EBITDA 355.1 277.3 252.9
Reported net sales growth (%) 31% 8% -4%
Organic net sales growth (%) 13% 2% -4%
Gross margin (%) 39% 41% 41%
Adjusted EBITDA margin (%) 23% 24% 23%
       
Industrial & Specialty      
Net sales 866.0 681.6 750.2
Gross profit 365.0 308.8 341.0
Adjusted EBITDA 169.8 145.3 163.8
Reported net sales growth (%) 27% -9% -8%
Organic net sales growth (%) 13% -10% -3%
Gross margin (%) 42% 45% 45%
Adjusted EBITDA margin (%) 20% 21% 22%

Note: This selected data is for information only. For complete consolidated financial statements and important risks that may affect actual results, see SEC Filings.