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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: |
North America | 432.2 | 422.7 | 423.3 | 432.8 | 429.3 | 496.2 | 487.3 | |
International | 356.2 | 441.9 | 456.4 | 434.2 | 460.2 | 385.2 | 349.8 | 406.1 |
Other | 3.2 | 2.7 | 3.4 | 3.1 | 3.5 | 3.5 | | |
Custom Solutions | | | | | | | | 466.2 |
Other | | | | | | | 82.9 | 319.3 |
Total revenues [+] | 787.0 | 863.6 | 877.3 | 865.6 | 888.4 | 881.6 | 920.1 | 1,191.6 |
Technology services | 741.2 | 812.7 | 830.5 | 819.8 | 845.1 | 840.9 | 875.2 | |
Other | 45.8 | 50.9 | 46.8 | 45.7 | 43.3 | 40.7 | 44.9 | |
Revenue growth [+] | -8.9% | -1.6% | 1.4% | -2.6% | 0.8% | -4.2% | -22.8% | 10.1% |
North America | 2.2% | -0.2% | -2.2% | 0.8% | -13.5% | 1.8% | | |
International | -19.4% | -3.2% | 5.1% | -5.7% | 19.5% | 10.1% | -13.8% | 28.8% |
Other | 20.1% | -19.5% | 8.0% | -11.4% | 0.9% | | | |
Custom Solutions | | | | | | | | 3.4% |
IT Outsourcing | | | | | | | 19.0% | 17.8% |
Cost of goods sold [+] | 582.8 | 640.9 | 654.2 | 642.1 | 664.1 | 653.6 | 686.2 | 37.3 |
Cost of technology services | 556.4 | 612.7 | 626.8 | 615.5 | 640.0 | 629.8 | 658.0 | |
Other cost of sales | 26.4 | 28.2 | 27.5 | 26.6 | 24.1 | 23.8 | 28.2 | |
Gross profit | 204.1 | 222.7 | 223.1 | 223.5 | 224.3 | 228.0 | 233.9 | 1,154.3 |
Gross margin | 25.9% | 25.8% | 25.4% | 25.8% | 25.2% | 25.9% | 25.4% | 96.9% |
Selling, general and administrative | 188.4 | 206.0 | 205.6 | 202.2 | 216.9 | 213.7 | 205.7 | 264.3 |
Other operating expenses | 0.3 | 0.2 | | 0.6 | 1.5 | 3.2 | 4.7 | 836.1 |
EBITDA [+] | 21.2 | 22.2 | 23.2 | 28.7 | 15.4 | 21.0 | 39.4 | 72.7 |
EBITDA growth | -4.4% | -4.6% | -18.9% | 86.4% | -26.6% | -46.8% | -45.8% | 0.7% |
EBITDA margin | 2.7% | 2.6% | 2.6% | 3.3% | 1.7% | 2.4% | 4.3% | 6.1% |
Depreciation | 5.5 | 5.6 | 5.8 | 7.4 | 7.9 | 6.7 | 11.2 | 12.5 |
EBITA | 15.7 | 16.6 | 17.4 | 21.3 | 7.4 | 14.3 | 28.2 | 60.2 |
EBITA margin | 2.0% | 1.9% | 2.0% | 2.5% | 0.8% | 1.6% | 3.1% | 5.1% |
Amortization of intangibles | 0.3 | 0.2 | | 0.6 | 1.5 | 3.2 | 4.7 | 6.3 |
EBIT [+] | 15.4 | 16.4 | 17.4 | 20.6 | 5.9 | 11.1 | 23.5 | 53.9 |
EBIT growth | -6.3% | -5.8% | -15.5% | 250.1% | -46.7% | -52.9% | -56.4% | -1.1% |
EBIT margin | 2.0% | 1.9% | 2.0% | 2.4% | 0.7% | 1.3% | 2.6% | 4.5% |
Non-recurring items [+] | 3.6 | 26.2 | 16.9 | 8.0 | 16.3 | 82.0 | | |
Asset impairment | | | | | 16.3 | 82.0 | | |
Interest expense, net [+] | 1.3 | 1.1 | 1.7 | 5.4 | 7.1 | 5.9 | 4.8 | 12.6 |
Interest expense | 1.6 | 1.6 | 2.5 | 6.0 | 7.9 | 6.6 | 5.8 | 13.9 |
Interest income | 0.3 | 0.5 | 0.9 | 0.6 | 0.8 | 0.6 | 1.0 | 1.3 |
Other income (expense), net | -0.3 | -1.9 | 0.0 | -0.4 | -2.5 | 0.1 | 0.3 | -1.4 |
Pre-tax income | 10.2 | -12.8 | -1.2 | 7.0 | -20.0 | -76.8 | 19.1 | 39.9 |
Income taxes | 6.6 | 5.9 | 6.4 | 11.0 | 32.3 | -22.8 | 6.4 | 12.1 |
Tax rate | 64.6% | | | 158.6% | | 29.8% | 33.6% | 30.3% |
Minority interest | 0.0 | 0.1 | 0.0 | 0.5 | 0.0 | -0.5 | 0.2 | 0.9 |
Earnings from continuing ops | 7.2 | -18.8 | -7.6 | -4.6 | -52.4 | -53.4 | 12.5 | 26.9 |
Earnings from discontinued ops | -0.3 | -0.8 | -6.9 | -10.0 | -14.9 | -23.7 | 2.5 | |
Net income | 6.9 | -19.6 | -14.5 | -14.6 | -67.3 | -77.2 | 15.0 | 26.9 |
Net margin | 0.9% | -2.3% | -1.7% | -1.7% | -7.6% | -8.8% | 1.6% | 2.3% |
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Basic EPS [+] | $0.09 | ($0.24) | ($0.10) | ($0.06) | ($0.73) | ($0.77) | $0.18 | $0.45 |
Growth | -137.4% | 138.9% | 60.8% | -91.3% | -5.0% | -517.2% | -58.9% | 7.3% |
Diluted EPS [+] | $0.09 | ($0.24) | ($0.10) | ($0.06) | ($0.73) | ($0.77) | $0.18 | $0.45 |
Growth | -137.0% | 138.9% | 60.8% | -91.3% | -5.0% | -517.8% | -58.7% | 8.0% |
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Shares outstanding (basic) [+] | 79.1 | 77.6 | 74.8 | 73.2 | 71.8 | 69.6 | 68.0 | 60.1 |
Growth | 1.9% | 3.7% | 2.3% | 1.9% | 3.2% | 2.4% | 13.2% | -1.8% |
Shares outstanding (diluted) [+] | 79.9 | 77.6 | 74.8 | 73.2 | 71.8 | 69.6 | 68.1 | 60.4 |
Growth | 3.0% | 3.7% | 2.3% | 1.9% | 3.2% | 2.2% | 12.8% | -2.5% |
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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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