In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Networking | | | | | 160.1 | 172.6 | 176.7 | |
Total revenues [+] | 80.3 | 88.2 | 86.5 | 90.6 | 151.7 | 157.1 | 163.5 | 228.5 |
Products | 68.3 | 77.6 | 76.8 | 80.8 | 106.4 | 114.0 | 125.8 | 183.3 |
Services | 12.0 | 10.6 | 9.7 | 9.7 | 45.2 | 43.1 | 37.7 | 45.2 |
Revenue growth [+] | -8.9% | 1.9% | -4.4% | -40.3% | -3.4% | -3.9% | -28.5% | -15.9% |
Networking | | | | | -7.2% | -2.3% | | |
Cost of goods sold [+] | 41.2 | 42.6 | 43.9 | 43.5 | 96.5 | 95.4 | 95.7 | 132.8 |
Cost of product sales | 36.3 | 38.5 | 39.7 | 38.5 | 62.9 | | | |
Cost of services | 4.9 | 4.1 | 4.2 | 5.0 | 33.6 | 29.1 | | |
Gross profit | 39.1 | 45.6 | 42.6 | 47.1 | 55.2 | 61.7 | 67.7 | 95.7 |
Gross margin | 48.7% | 51.7% | 49.2% | 52.0% | 36.4% | 39.3% | 41.4% | 41.9% |
Selling, general and administrative | 29.7 | 29.0 | 35.1 | 36.7 | 48.6 | 50.9 | 50.7 | 77.6 |
Research and development | 20.5 | 20.4 | 20.8 | 19.4 | 15.3 | 14.5 | 15.5 | 22.7 |
EBITDA [+] | -9.2 | -1.8 | -11.3 | -7.4 | -6.8 | -1.1 | 10.3 | 6.0 |
EBITDA growth | 419.4% | -84.3% | 52.3% | 9.2% | 526.2% | -110.5% | 71.5% | 26.7% |
EBITDA margin | -11.5% | -2.0% | -13.0% | -8.2% | -4.5% | -0.7% | 6.3% | 2.6% |
Depreciation | 1.5 | 1.9 | 2.0 | 1.6 | 2.0 | 2.6 | 8.7 | 10.6 |
EBITA | -10.7 | -3.6 | -13.2 | -9.0 | -8.8 | -3.7 | 1.6 | -4.6 |
EBITA margin | -13.4% | -4.1% | -15.3% | -9.9% | -5.8% | -2.4% | 1.0% | -2.0% |
Amortization of intangibles | 0.3 | 0.2 | 0.1 | | | | | |
EBIT [+] | -11.0 | -3.8 | -13.3 | -9.0 | -8.8 | -3.7 | 1.6 | -4.6 |
EBIT growth | 188.2% | -71.2% | 47.8% | 2.5% | 136.5% | -330.2% | -135.2% | -21.6% |
EBIT margin | -13.8% | -4.3% | -15.4% | -9.9% | -5.8% | -2.4% | 1.0% | -2.0% |
Non-recurring items [+] | | | | | 1.1 | | | |
Asset impairment | | | | | 1.1 | | | |
Legal settlement | | | | | 2.3 | | | 20.5 |
Interest expense | | 0.1 | 0.0 | 0.2 | 0.6 | 0.9 | 0.9 | 1.3 |
Interest expense | | 0.1 | 0.0 | 0.2 | 0.6 | 0.9 | 0.9 | 1.3 |
Other income (expense), net [+] | -0.3 | 0.0 | 0.7 | -0.2 | 2.3 | 0.0 | -0.4 | 24.6 |
Gain (loss) on investments | | | | | | | | 3.5 |
Litigation settlement | | | | | 2.3 | | | 20.5 |
Other | -0.3 | 0.0 | 0.7 | -0.2 | -0.1 | 0.0 | -0.4 | 0.6 |
Pre-tax income | -11.3 | -3.9 | -12.7 | -9.4 | -8.2 | -4.5 | 0.4 | 18.7 |
Income taxes | 0.3 | 2.9 | 1.9 | 0.0 | -1.0 | -1.2 | -0.5 | 4.2 |
Tax rate | | | | 0.4% | 12.4% | 26.2% | | 22.2% |
Minority interest | | | | | | | 2.1 | |
Earnings from continuing ops | -11.6 | -6.8 | -14.5 | -11.9 | -20.0 | 0.1 | -1.2 | 29.2 |
Earnings from discontinued ops | | | | 2.5 | 12.8 | -3.5 | 49.9 | -13.2 |
Net income | -11.6 | -7.2 | -12.2 | -9.4 | -7.2 | -3.4 | 48.7 | 16.0 |
Net margin | -14.5% | -8.1% | -14.0% | -10.3% | -4.7% | -2.1% | 29.8% | 7.0% |
|
Basic EPS [+] | ($1.69) | ($0.97) | ($1.98) | ($1.59) | ($2.56) | $0.03 | ($0.16) | $0.19 |
Growth | 74.2% | -51.0% | 24.6% | -38.0% | -8370.7% | -119.6% | -185.3% | -311.6% |
Diluted EPS [+] | ($1.69) | ($0.97) | ($1.98) | ($1.59) | ($2.56) | $0.02 | ($0.16) | $0.18 |
Growth | 74.2% | -51.0% | 24.6% | -37.9% | -16632.9% | -109.9% | -184.9% | -311.4% |
|
Dividends per share [+] | | | | | $7.42 | $19.04 | | |
Growth | | | | -100.0% | -61.0% | | | |
|
Shares outstanding (basic) [+] | 6.9 | 7.0 | 7.3 | 7.5 | 7.8 | 3.9 | 7.9 | 157.5 |
Growth | -1.9% | -4.4% | -1.9% | -4.2% | 98.3% | -50.0% | -95.0% | 0.1% |
Shares outstanding (diluted) [+] | 6.9 | 7.0 | 7.3 | 7.5 | 7.8 | 7.9 | 7.9 | 157.7 |
Growth | -1.9% | -4.4% | -1.9% | -4.3% | -0.8% | -0.5% | -95.0% | 0.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |