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In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Feb-29-08 | Dec-31-07 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K | 10-K/A |
Revenues [+] | 661.9 | 442.7 | 391.1 | 214.1 | 98.1 | 48.1 | 0.0 | 13.1 |
Products | 661.9 | 443.0 | 390.4 | 214.1 | | | | |
Revenue growth | 49.5% | 13.2% | 82.7% | 118.2% | 104.0% | 266.1% | | |
Cost of goods sold | 257.9 | 181.7 | 163.0 | 119.3 | 46.0 | 23.2 | 0.0 | 7.3 |
Gross profit | 403.9 | 261.0 | 228.1 | 94.8 | 52.1 | 24.9 | 0.0 | 5.9 |
Gross margin | 61.0% | 59.0% | 58.3% | 44.3% | 53.1% | 51.8% | | 44.6% |
Selling, general and administrative [+] | 168.0 | 118.2 | 109.6 | 54.6 | 19.0 | 11.2 | 0.0 | 0.9 |
Sales and marketing | 149.0 | 104.0 | 73.9 | 40.6 | 14.7 | 8.7 | | 0.4 |
General and administrative | 19.1 | 14.1 | 35.7 | 14.0 | 4.3 | 2.6 | 0.0 | 0.5 |
Research and development | 22.1 | 16.6 | 13.1 | 4.9 | 1.7 | | | |
Other operating expenses | -1.0 | -1.4 | -0.2 | -24.5 | | | | |
EBITDA [+] | 232.6 | 143.3 | 114.2 | 63.5 | 32.0 | 13.8 | | 5.1 |
EBITDA growth | 62.3% | 25.5% | 79.7% | 98.6% | 131.7% | 168.1% | 1114.7% | |
EBITDA margin | 35.1% | 32.4% | 29.2% | 29.7% | 32.6% | 28.7% | | 39.2% |
Depreciation | 14.8 | 12.7 | 5.6 | 2.4 | 0.6 | 0.1 | | 0.2 |
EBITA | 217.7 | 130.6 | 108.5 | 61.2 | 31.4 | 13.7 | 0.0 | 4.9 |
EBITA margin | 32.9% | 29.5% | 27.8% | 28.6% | 32.0% | 28.5% | | 37.6% |
Amortization of intangibles | 3.0 | 2.9 | 2.9 | 1.4 | | | | |
EBIT [+] | 214.8 | 127.6 | 105.6 | 59.8 | 31.4 | 13.7 | 0.0 | 4.9 |
EBIT growth | 68.3% | 20.9% | 76.6% | 90.4% | 129.4% | 177.3% | 1114.7% | |
EBIT margin | 32.4% | 28.8% | 27.0% | 27.9% | 32.0% | 28.5% | | 37.6% |
Non-recurring items [+] | | 10.8 | | | | | | |
Asset impairment | | 10.8 | | | | | | |
Interest expense, net [+] | 3.8 | 3.7 | 1.3 | 0.0 | 0.1 | 0.0 | | 0.2 |
Interest expense | 7.0 | 4.2 | 1.4 | 0.1 | 0.1 | 0.0 | | 0.2 |
Interest income | 3.2 | 0.5 | 0.1 | 0.1 | 0.0 | | | |
Other income (expense), net | 2.4 | 8.7 | 3.9 | 2.4 | -23.8 | 1.6 | | -0.4 |
Pre-tax income | 213.4 | 121.8 | 108.2 | 62.2 | 7.5 | 15.3 | 0.0 | 4.4 |
Income taxes | 33.4 | 22.8 | 18.4 | 26.4 | 5.0 | 0.9 | 0.0 | 0.0 |
Tax rate | 15.6% | 18.7% | 17.0% | 42.5% | 66.7% | 5.7% | 0.0% | 0.0% |
Minority interest | 9.2 | 5.4 | 4.9 | 2.9 | 0.3 | 1.1 | | |
Net income | 426.9 | 260.6 | 77.0 | 48.4 | 2.2 | 14.4 | 0.0 | 4.4 |
Net margin | 64.5% | 58.9% | 19.7% | 22.6% | 2.2% | 30.0% | | 33.2% |
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Basic EPS [+] | $8.42 | $5.25 | $1.57 | $1.05 | $0.07 | $0.74 | | |
Growth | 60.5% | 235.3% | 49.7% | 1392.2% | -90.5% | | | |
Diluted EPS [+] | $8.42 | $5.25 | $1.57 | $1.05 | $0.07 | $0.72 | | |
Growth | 60.5% | 235.3% | 49.7% | 1392.2% | -90.2% | | | |
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Shares outstanding (basic) [+] | 50.7 | 49.6 | 49.2 | 46.3 | 31.3 | 19.6 | | |
Growth | 2.1% | 1.0% | 6.2% | 47.8% | 59.8% | | | |
Shares outstanding (diluted) [+] | 50.7 | 49.6 | 49.2 | 46.3 | 31.3 | 20.1 | | |
Growth | 2.1% | 1.0% | 6.2% | 47.8% | 55.8% | | | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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