2020 Financial Performance
Five Year Historical Financial Performance
We have a track record of delivering strong growth
Revenue ($mil) 1
$1,389.5
$1,179.0
$1,019.9
$911.7
$798.6
2016
2017
2018
2019
2020
Operating Income ($mil)
Adjusted Operating Income ($mil)
Free Cash Flow ($mil) 1,3
$316.7
$236.5
$200.2
$233.3
$193.4
$180.8
$169.8
$215.8
$189.6
$215.2
2016
2017
2018
2019
2020
$150.9
$183.5
$307.6
$238.7
$254.4
2016
2017
2018
12018 Revenue includes a $10.5 million revenue benefit related to an amended license agreement and a corresponding favorable cash impact
2019
2020
2
2 Adjusted operating income is considered a non-GAAP measure and is defined as consolidated operating income, excluding intangible amortization expense and all mergers and acquisitions (M&A)-related expenses (including M&A-related earn-outs).
3 Free cash flow is considered a non-GAAP measure and is calculated as cash from operating activities less capital expenditures.
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