In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues | 57.4 | 57.9 | 48.7 | 34.8 | 36.6 | 42.1 | 166.1 | 185.9 |
Revenue growth | -0.8% | 18.9% | 40.0% | -4.9% | -13.2% | -74.6% | -10.6% | 0.7% |
Cost of goods sold | -146.5 | -146.9 | -134.7 | -116.8 | -118.6 | -119.9 | 59.4 | 59.3 |
Gross profit | 203.9 | 204.8 | 183.4 | 151.6 | 155.2 | 162.1 | 106.8 | 126.6 |
Gross margin | 354.9% | 353.7% | 376.6% | 435.9% | 424.4% | 384.5% | 64.3% | 68.1% |
Selling, general and administrative [+] | 28.6 | 23.2 | 20.4 | 17.6 | 14.7 | 13.7 | 12.6 | 13.0 |
General and administrative | 28.6 | 23.2 | 20.4 | 17.6 | 14.7 | 13.7 | 12.6 | 13.0 |
Other selling, general and administrative | | | | | | | | |
Equity in earnings | | | | | | | -16.5 | 4.7 |
Other operating expenses | 68.3 | 71.4 | 58.3 | 47.0 | 49.1 | 62.5 | | |
EBITDA [+] | 175.3 | 182.4 | 175.4 | 142.6 | 142.0 | 131.6 | 79.5 | 120.3 |
EBITDA growth | -3.9% | 4.0% | 23.0% | 0.4% | 8.0% | 65.6% | -33.9% | -2.7% |
EBITDA margin | 305.2% | 315.0% | 360.3% | 410.1% | 388.5% | 312.2% | 47.8% | 64.7% |
Depreciation | 135.9 | 143.6 | 138.3 | 107.9 | 97.3 | 88.9 | 46.9 | 45.3 |
EBITA | 39.4 | 38.8 | 37.1 | 34.7 | 44.7 | 42.6 | 32.6 | 74.9 |
EBITA margin | 68.6% | 67.0% | 76.3% | 99.9% | 122.3% | 101.2% | 19.6% | 40.3% |
Amortization of intangibles | | 0.3 | 0.3 | | | 0.2 | | |
EBIT [+] | 39.4 | 38.5 | 36.9 | 34.7 | 44.7 | 42.5 | 32.6 | 74.9 |
EBIT growth | 2.2% | 4.5% | 6.2% | -22.3% | 5.3% | 30.5% | -56.6% | -7.1% |
EBIT margin | 68.6% | 66.6% | 75.7% | 99.9% | 122.3% | 100.8% | 19.6% | 40.3% |
Non-recurring items [+] | 10.6 | 0.2 | 16.2 | 0.7 | 8.1 | 18.2 | 4.7 | 0.7 |
Asset impairment | 10.6 | 0.2 | 16.2 | 0.7 | 8.1 | 18.2 | 4.7 | 0.7 |
Interest expense, net [+] | | | | | | | 11.7 | 46.1 |
Interest expense | 29.3 | 34.6 | 34.6 | 34.9 | 6.0 | 36.1 | 34.2 | 46.1 |
Interest income | | | | | | | 22.4 | |
Other income (expense), net [+] | 17.0 | 27.4 | 103.1 | 6.7 | -32.4 | 15.6 | -16.1 | -28.4 |
Gain (loss) on debt retirement | | | | | | 1.5 | 9.0 | 3.4 |
Unrealized gain/loss on derivatives | -0.4 | 1.4 | -5.1 | 1.6 | 6.3 | -2.0 | -0.2 | 0.2 |
Other | 4.6 | 1.3 | 1.8 | 3.6 | 2.4 | 4.6 | -2.8 | -4.6 |
Pre-tax income | 16.5 | 31.1 | 89.2 | 5.8 | -1.8 | 3.9 | 0.0 | -0.2 |
Income taxes | 1.8 | 1.5 | -2.7 | -6.3 | -0.6 | 0.7 | -9.6 | -31.1 |
Tax rate | 10.8% | 4.7% | | | 35.0% | 18.7% | | 15683.1% |
Minority interest | 0.0 | -0.1 | 0.0 | -0.1 | 0.1 | 0.3 | -0.4 | -0.4 |
Earnings from continuing ops | 9.6 | 28.1 | 90.8 | 7.2 | -10.4 | -1.5 | | -0.4 |
Earnings from discontinued ops | | 0.7 | 11.9 | 2.7 | 2.2 | 2.8 | 9.2 | 30.9 |
Net income | 9.6 | 28.8 | 102.7 | 9.8 | -8.1 | 1.2 | 9.2 | 30.4 |
Net margin | 16.8% | 49.8% | 211.0% | 28.3% | -22.2% | 2.9% | 5.5% | 16.4% |
|
Basic EPS [+] | $0.10 | $0.28 | $0.95 | $0.08 | ($0.12) | ($0.02) | $0.00 | ($0.01) |
Growth | -65.9% | -70.4% | 1080.0% | -168.9% | 555.5% | | -100.0% | -4.5% |
Diluted EPS [+] | $0.10 | $0.28 | $0.95 | $0.08 | ($0.12) | ($0.02) | $0.00 | ($0.01) |
Growth | -65.9% | -70.4% | 1078.6% | -168.8% | 555.5% | | -100.0% | -4.5% |
|
Dividends per share [+] | $0.73 | $0.67 | $0.66 | $0.66 | $0.58 | $0.57 | | |
Growth | 8.5% | 1.9% | 0.5% | 13.5% | 1.8% | | | |
|
Shares outstanding (basic) [+] | 100.1 | 99.5 | 95.3 | 89.0 | 88.5 | 86.0 | 78.4 | 66.0 |
Growth | 0.5% | 4.5% | 7.0% | 0.5% | 3.0% | 9.6% | 18.8% | 1.2% |
Shares outstanding (diluted) [+] | 100.5 | 99.9 | 95.6 | 89.2 | 88.5 | 86.0 | 78.5 | 66.1 |
Growth | 0.5% | 4.6% | 7.2% | 0.7% | 3.0% | 9.5% | 18.8% | 1.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |